First Solar (FSLR) and Southern California Edison have announced they are planning to build two solar power projects in South California. The solar power plants in Riverside and San Bernardino are expected to generate 550 megawatts of photovoltaic solar electricity which is enough to power 170,000 homes. The construction of the projects should start...
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According to a survey conducted by Polachi Inc., 90 % of the executives in clean tech sector ndicated they predict growth in the sector to resume in one year or less. Nearly one third (31.2%) of these executives claim that growth has already resumed. Read more in CleanTech Brief.
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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...
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During this week, the stock markets experienced losses in most sectors. Thus it is no surprise that the cleantech and alternative energy sectors were among the bearish sectors. PowerShares Cleantech Portfolio (PZD) was one of the losing exchange traded funds as can be seen in the following graph. The solar energy ETFs did even...
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The Ardour Solar Energy Index(SM) (TICKER: SOLRX) will add one new component to the index The addition will be effective 6:00 PM (EDT) Friday, June 19, 2009. No stock will be deleted from the index and consequently the number of index components will change to 31. The change is a result of the quarterly...
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