From the category archives:

Funding

Soros: A Billie, A Billie, A Cleantech Billionaire

by David Heyerman on October 14, 2009

soros-cleantech-investment

  • George Soros, Hedge-fund manager and billionaire just went green.
  • He recently announced that he would be investing over $1 billion of his own cash into clean energy technology.
  • Of course, he’s doing this because of the profitability of it all, and what hedge-fund manager would do it for anything else?  Although, he did mention that the investment should “actually make a contribution to solving the problem.”
  • Congrats Soros, you’re a winner, now just convince your friends to stop being cheap bastards and do the right thing as well.

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Steven Chu Means Cleantech Business

by David Heyerman on October 14, 2009

  • steven-chu-doe-secretaryLook at that face.  This man isn’t messing around.  He wants cleantech, and he wants it now.
  • That’s why he’s made statements like this; “If it were up to me, I would put every cent into electric cars.”  I like your blunt nature, sir.
  • Already, the DOE’s put billions into the auto industry for plug-in vehicles: Ford ($5.9 billion), Nissan ($1.6 billion), Tesla ($465 million) and Fisker ($528 million).
  • I know a lot of people don’t like him.  I say, let’s re-visit this topic 3 years down the line, I think they’ll be singing a different tune by then.


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Good Riddance: GM Sells Hummer To Tengzhong

by David Heyerman on October 9, 2009

hummer-stupid

  • GM just sold 80% of the Hummer brand to Tengzhong and 20% to a private investor for $150 million.  They apparently have plans to manufacture a “green” hummer.  Good luck with that.

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The US Treasury + Iberdrola Renewables = Love

by David Heyerman on September 30, 2009

Iberdrola-renewables

  • Portland Oregon based Iberdrola Renewables has a lot to be happy about right now.
  • They’ve applied for eight grants going towards renewable energy projects with a total of 980MW and $1.8 billion in investment.  They’ve received grants on all eight applications!
  • Just last week, they received three grants from the US Treasury Department in total of right around $251 million.
  • To date, they’ve received a total of almost $550 million in stimulus grants.
  • Iberdrola currently has wind farms under construction in Texas, Arizona, Oregon, Illinois, and North Dakota.
  • To put it into perspective for you guys, construction of 980MW worth of wind projects will support in between 11,800 and 14,000 jobs in one year.  That’s great!  Keep up the good work Iberdorla, companies like yours are driving us into a cleaner future.

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Cash For Clunkers: Top Ten Bought/Clunked

by David Heyerman on August 26, 2009

cash-clunkers

  • Now that the Cash for Clunkers program has drawn to a close, some interesting numbers are starting to come back.  Here are the top ten cars that were bought/clunked.

Most Popular Cars Bought

1. Toyota Corolla
2. Honda Civic
3. Ford Focus
4. Toyota Camry
5. Hyundai Elantra
6. Toyota Prius
7. Nissan Versa
8. Ford Escape FWD
9. Honda Fit
10. Honda CR-V AWD

Most Popular Clunkers

1. Ford Explorer 4WD
2. Ford F150 Pickup 2WD
3. Jeep Grand Cherokee 4WD
4. Jeep Cherokee 4WD
5. Ford Explorer 2WD
6. Dodge Caravan/Grand Caravan
7. Chevrolet Blazer 4WD
8. Ford F-150 Pickup 4WD
9. Chevrolet C1500 Pickup 2WD
10. Ford Windstar

  • Is it just me, or does there seem to be a consistency here with the nationality of cars bought/clunked?  Hey US auto, get it together, eh?

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