Tag Archives | investments

More Venture Capital for green chems

Renewable chemical companies seem to be getting better in raising money from venture firms these days. An article from Reuters cited the recent news (which I also posted in my news roundup) about biosuccinic acid producer DNP Green Technology raising $12m from venture firms Sofinnova Partners, Mitsui & Co., Venture Partners, Samsung Ventures Investment Corp., […]

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BP likes US wind

There must be something in the US wind energy market that attracts big oil and energy firm BP. Last month, BP said it will focus its wind energy portfolio in the US while at the same time divesting its wind power interests in India. BP’s subsidiary, BP Energy India Private Limited (BPEIPL), which owns and […]

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Clean tech beats biotech and IT

A virtual press conference yesterday from Cleantech Group and Deloitte announced that venture capital (VC) investments for clean technologies in the third quarter of this year overtook investments for (medical) biotechnology and IT. Cleantech group defines clean technology as a diverse range of products, services and processes that are intended to reduce or eliminate negative […]

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Is the solar slump over?

Seems to me that solar is shining bright again from the recent activities I saw the past few weeks. Interestingly enough, most of the news are coming from chemical companies that developed new materials to make photovoltaics more efficient and cheaper. BASF presented its Seluris range of cutting fluids products for cutting, etching, texturing and […]

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DuPont expands solar material capacity

As the solar energy market continues to expand worldwide, chemical companies supplying the necessary materials are enjoying the rising wave of growth. DuPont said it expects overall sales of its photovoltaic materials products to exceed $1bn by 2012 and has announced today that its plan to increase its Tedlar polyvinyl flouride (PVF) production capacity. The […]

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BASF enters green city

I’ve posted information last year about the $15bn Masdar city – which aims to be the world’s first zero-carbon and waste free city – and I wondered if investment and construction would slow down for this project because of the global financial crisis. I guess that’s not happening as indicated by this news announced today […]

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Are rainy days gone for solar?

While some reports indicate that investments in the solar market is shining again, others claimed continued cloudy days because of capital intensive projects and growing overcapacity in some regions (ok, I’ll stop the weather talk). According to Pike Research‘s new report, solar demand in the US has been improving although financing is still a roadblock. […]

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Government stimulates green investments

With the funding coming from the Obama administration on electric vehicle and other energy research development, this might continue stimulating the investment industry to pour additional green money to the clean technology and industrial biotechnology industries. According to a recent report from Ernst & Young, US venture capital (VC) investment in cleantech companies in the […]

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Electric vehicles now coming out

There had been a lot of news on electric vehicles launch and development and I was unable to post them until now First stop, last week, US petrochemical company ExxonMobil Chemical launched an electric car sharing and rental program called AltCar in Baltimore, Maryland, alongside Canadian battery developer Electrovaya. Vehicles in the program called the […]

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Dow Corning green innovation

As mentioned in this week’s news roundup, I attended Dow Corning’s worldwide press conference (this one held in New York last week) where part of their agenda is to reinforce the company’s goals toward sustainability. Dow Corning is a major silicone producer based in Midland, Michigan. The company plans for more than 50% of its […]

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