News about companies and stock markets.

Exxon Invests $600 Million in Biofuels

Exxon (NYSE:XOM) has announced today that it will invest $600 million in research aiming at producing liquid transportation fuels from algae. The project is a joint effort with Synthetic Genomics founded by Craig Venter. More about the project can be read in…

Solar Eclipse

Peter C. Beller of Forbes sees a solar eclipse in the stock markets. According to Beller, the  solar power sector may be about to deliver investors some bad news. The prices for photovoltaic cells are lowering rapidly which may be good…

QuantaSol Achieved 28.3% Efficiency

QuantaSol is a privately funded company providing third generation solar cells for use in concentrating PV systems. The company has reported having achieved 28.3% efficiency as tested by the Fraunhofer ISE. Green investors should follow closely the news about this…

Clean Tech Investments Rebound in Q2

Clean tech investment has rebounded after two quartals of free fall, according to a report by Cleantech Group LLC. The 2Q09 total is up 12 percent from the previous quarter, although down 44 percent from the same period a year ago. The average round size in 2Q09 was $12.9 million, up from $12.3 million 1Q09. Venture capital investments in solar technology are on the lowest level in three years.