Interior Secretary Ken Salazar approved the first wind farm in U.S. waters, a project of more than $1 billion off the Massachusetts coast that was opposed by the late Senator Edward Kennedy.
1366 Technologies, a Lexington, Massachusetts-based solar wafer maker, raised $8.4 million in financing from VantagePoint Venture Partners and General Electric Co. unit GE Energy Financial Services.
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.
Sanofi-Aventis SA , France’s largest drugmaker, agreed to buy closely held TargeGen Inc. to add treatments for certain forms of leukemia and blood disorders.
General Electric Co. and ABB Ltd. led a group investing $106 million in closely held Trilliant Inc. , which is benefiting from U.S. stimulus funding of so- called smart meters for electric utilities.