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DOE Revamps Carbon Storage with $1.3B
When the U.S. Department of Energy pulled the plug on the FutureGen project, the clean coal industry was left adrift, aimless in the cleantech sea. The DOE said FutureGen’s ballooning cost required...
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Mascoma Snags $49.5M in Public Funds for Cellulosic Ethanol Plant
Cellulosic ethanol startup Mascoma announced today that it has raised $49.5 million to build its first commercial cellulosic ethanol plant in Michigan’s Upper Peninsula. Mascoma Snags $49.5M in Public...
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Lockheed Set to Tap Ocean Thermal Energy With DOE Funds
The world’s oceans are an energetic place, and military-industrial giant Lockheed Martin said today it has been granted $1.2 million by the Department of Energy to demonstrate that ocean thermal energy...
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How Risky Is Tesla's Bet on a DOE Loan Guarantee?
Electric car startup Tesla Motors claims that all it needs to begin construction on a manufacturing plant in San Jose, Calif., is a $200 million loan guarantee from the federal government. CEO Elon...
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Daily Sprout
New Mission for Iceland’s Geothermal Industry: Engineers in Iceland, where geothermal power provides 30 percent of the nation’s electricity, have learned how to keep a geothermal plant running smoothly...
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Hitting Potholes on the Hydrogen Highway
If you’re holding out for a new fuel cell car to drive onto the hydrogen highway, you may have to wait a while. The Department of Energy in a new report says fuel cell costs are still too high and...
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Can Federal Funds Prop Up the U.S. Wind Biz?
The U.S. wind power industry has huge potential, both onshore and off, but it’s clearly looking for a hand from the government to get through these tough times. First there’s the billions in tax...
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The End is Near: How to Prep for Life After the Greentech Stimulus
While it might seem like the spigot of stimulus money has just opened up — with new funding solicitations and announcements coming out every week and companies spending significant time and money in an...
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Playing Translator Between Solar & Utilities
Intermittent solar power systems could cause lots of grid instability, unless utilities can communicate with them in some kind of common language using a set of common commands. Here's a list of those...
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Chu Weighs in on China-U.S. Green Competition at Google
Energy Secretary Steven Chu stopped by Google headquarters on Friday to talk about green technology. He would like China to invest in America’s green future, not own it. To challenge China’s growing...
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Feds Blow $50M Into Offshore Wind Research
Offshore wind power will get a $50.5 million research boost and dedicated "Wind Energy Area" in the mid-Atlantic region under a new federal plan. Google and co-investors in a $5 billion offshore wind...
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Global Greentech Stimulus Half Spent, Now What?
When it comes to green stimulus, the world is halfway done — and China and Japan lead in the race, according to a Tuesday report. But the United States is catching up, though not without some hiccups...
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DOE Loan Chief: We Remain Committed to Nuclear
The DOE's Loan Program will seek guidance from relevant nuclear agencies on lessons learned from the Japanese nuclear incident, but at this point remains committed to nuclear power, said Jonathan...
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Fisker Has Raised Over $1B, Car Coming in the Summer
In a combination of loans, grants and equity, Fisker has raised over $1 billion, and plans to launch its first electric car the Karma to dealerships for demonstrations in May or June and then to...
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Green:Net 2011 Live Coverage
Today, at our third-annual Green:Net event, we're looking at digital energy: how technology can reduce energy consumption and help the environment. The livestream begins at 8:25 PT, and we'll update...
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DOE Loan Chief: Budget Changes Are Favorable to the Program
There was some concern that the Department of Energy's loan program would fall victim to budget cuts. But at GigaOM's Green:Net conference Thursday, DOE Loan Chief Jonathan Silver said that despite...
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Flush With Cash: Fisker Adds Yet Another $100M
Electric car maker Fisker Automotive has already raised over $1 billion in equity, loans and grants. And yet, the company, which will be launching its first inaugural electric car this summer, has...
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Silicon wafer startup wins latest DOE solar loan guarantee
The Department of Energy has awarded so many loan guarantees to solar companies this week, it's getting difficult to keep track. The latest, announced Friday, is a $150 million loan guarantee to 1366...
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Fisker starts hiring to make its second electric car
While electric car maker Fisker Automotive is in the process of launching its first electric car, the Karma, to dealerships and customers this summer, the auto startup says it is also starting to hire...
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KiOR prices IPO at low end at $15 per share
Biofuel startup KiOR has priced its IPO at $15 per share, below its estimated price per share of between $19 to $21. KiOR prices IPO at low end at $15 per share originally published by Gigaom, ©...
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