It isn't easy funding Green

Cleantech has been on a roll lately.  Venture capital in the sector is up 46% to $965 Million.  The US Department of Energy announced $3.4 Billion in grants for smart-grid programs.  There are also $2.4 Billion in grants for plug-in electric-vehicle battery manufacturing.  One would think that this is absolutely great for green. A123 Systems […]

LDK Solar Up and Away

LDK Solar had a nice bump up 20% today.  They have plans to sell a 15% ownership stake in its 15,000 metric ton (MT) annualized capacity polysilicon plant in Xinyu City.  China. Jiangxi International Trust and Investment Co., Ltd. has agreed to purchase this interest for approximately RMB1.5 billion (equivalent to approximately US$219 million).  The […]