Tag Archives | investments

Biotech transforms to clean tech

[Probably] because of the recession and since clean tech investments are still sizzling hot these days, Oncolin Therapeutics is having a big makeover from being a drug development company to becoming a renewable energy producer through its subsidiary New EnerSource. Oncolin Therapeutics recently ditched 75% of its ownership in its biotech subsidiary Intertech Bio as […]

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ADM still investing in biobased projects

A report from the Decatur, Illinois newspaper Herald & Review said that Archer Daniels Midland (ADM) will delay some of the completion dates for their biobased industrial projects but will still invest $2.6bn in seven major capital projects. ADM is reportedly proceeding with the construction of its 100,000 ton/year glycerine-based propylene/ethylene glycol plant in Decatur […]

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Renewable Energy in 401(k)

Would you like your company to add Renewable Energy Mutual Funds to your 401(K)? I would. My 401K is probably so depleted by now that renewable energy funds might just be the thing to enable me to retire to Aruba. Just make sure that Madoff-type investors will be hands-off on this one. The South Denver […]

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Clean tech investments to slow in 2009

Venture investments within clean technology is expected to decline this year compared to the all-time peak experienced in 2008, according to two recent reports.Market research and financial service Cleantech Group said some of the challenges predicted this year include twice the amount of failure rate of cleantech startups; delays in global climate change and US […]

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VCs not worried on greentech bubble

The financial market maybe in shambles but the Green Technology sector should cheer up with this new report from KPMG (a US audit, tax and advisory firm) stating that the venture capital community is expected to invest more in green next year. In KPMG’s poll of 301 venture capitalists (VCs), corporate executives, entrepreneurs and bankers, […]

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China and biomass

Speaking of China again, it seems that biomass could answer (partially at least) two of the country’s biggest problems: pollution and energy source. According to this study from AMBIO (a nonprofit publication of the Royal Swedish Academy of Sciences), China could reduce pollution as much as 46-60% using biomass-based energy. Currently, only 14% of China’s […]

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Hot air news

My pile of wind news is bursting at the seams so I’d better released them now… Major wind energy generator GE said it achieved more than 115 million hours of operation through its installed global fleet of 1.5 megawatt wind turbines. The company also said today that federal tax incentives for wind energy projects (which […]

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