Hanergy Holding Group Ltd. bought MiaSole Inc., a California-based thin-film panel maker backed by Kleiner Perkins Caufield & Byers and ArcelorMittal, to increase capacity in anticipation of a solar industry revival.
Venture capital investors poured $4.6 billion worldwide into clean energy companies last year, the most since 2004, fueled by Silicon Valley’s Draper Fisher Jurvetson and initial share offerings such as Tesla Motors Inc .
Clean-energy investors and environmentalists in California raised $11.9 million in the past two weeks to snuff out a challenge, backed by oil refiners Tesoro Corp. and Valero Energy Corp., to the state’s global- warming laws.
President Barack Obama vowed to make legislation on climate change one of his top goals. Now, with a compromise bill in danger of falling apart, business leaders and environmentalists are pressing him to deliver.
BrightSource Energy Inc., a California renewable energy company, received funding from Google Inc. and a $1.6 billion loan guarantee from the U.S. Energy Department to build the world’s largest solar-thermal energy plant.