Clean Technology Blogs

Climate change action plan on mining moots use of clean technology

The draft action plan on climate change in the mining sector plans to carry out a study to determine appropriate policy instruments to promote energy efficiency in the mining clusters and mineral transport sector. As a measure in that direction, the directorate of mines (DoM) will be vested with the task of identifying areas in mining processes where energy savings and emission reduction can be achieved. While emphasis will be given on exploring cleaner technologies and best practices in c...

Pennsylvania DEP To Provide $16m In Grants For Clean Energy Projects

The Pennsylvania Department Environmental Protection (DEP) has started accepting applications for $16m funding, which is meant for supporting the development of clean energy projects that will save energy and money for those who develop them, create jobs and improve the environment. John Hanger, secretary of DEP, said that the state funding was being made available through the Pennsylvania Energy Development Authority (PEDA). The maximum award is $1m per project. An amount of $2m has been...

EdenIQ Raises $12.4M For Clean Technology Efforts

Visalia-based EdenIQ, a developer of yield-enhancing products for the biofuels industry, said this week that it has raised $12.4M in a Series B funding round. The new funding was led by Draper Fisher Jurvetson, and also included The Westly Group, Kleiner Perkins Caufield& Byers, Cyrus Capital, Angeleno Group, Element Partners, Morgan Stanley & Company, Advanced equities, OmniNet, Nimes Capital, and others. Jennifer Fonstad of DFJ joins the company's board as part of the funding, as does ...

Google Makes First Direct Investment in Utility-Scale Clean Energy

Google is no stranger to renewable energy. The search giant has previously invested in enhanced geothermal technology, smart grid ventures, electric cars, and wind power startups. But those investments all came from Google.org, the philanthropic arm of the company. Now, for the first time, Google Inc. has invested in renewable power as a way to "accelerate the deployment of the latest clean energy technology while providing attractive returns to Google and more capital for developers to build ad...

SBI lights up clean technology initiative with wind farm launch

Chennai: At a time when global entities like International Finance Corporation (IFC) are keen on funding clean energy projects in India, State Bank of India (SBI) has taken the lead role to cut carbon footprint. The bank has already kickstarted its initiative with O P Bhatt, the bank’s chairman, inaugurating the bank’s first windfarm project in Coimbatore (Tamil Nadu) on Friday. The 15-mw project, supplied by Suzlon Energy, consists of 10 units of Suzlon’s S-82 and 1.5-mw wind turbine generat...

Father of iPod Moving to the Clean Tech Sector Now

Tony Fadell, who was formerly senior vice president of Apple’s iPod division, is the latest Silicon Valley IT expert to make a shift to clean tech. A leading executive behind the iPod and iPhone, Fadell stepped down from his senior vice president role in November 2008 but stayed on with Apple as special advisor to CEO Steve Jobs until recently. Now, rumor is, he is moving into the fast-growing clean tech sector to focus on producing consumer-focused green technology. In his first, and app...

Clean technology – What is it and what does it mean?

Clean technology includes the renewable energy (wind power, solar power, biomass, hydropower, biofuels), information technology, green transportation, electric motors, green chemistry, lighting, and many other appliances that are now more energy efficient. It is a means to create electricity and fuels with a smaller environmental footprint. And it is the need to make green buildings both more energy efficient and environmentally benign. Environmental finance is a method by which new clean techno...