Press for Disruptive Technology

Thin film solar startup Stion has raised a massive $130 million round of funding led by Korean investors. Looks like the days of investors pumping money into thin film solar startups aren’t yet over.

Taking advantage of abundant energy in the nation, such as wind and solar, and making profits, with Hemant Taneja, General Catalyst Partners managing director.

Americans are gloomy about future costs for energy and the vast majorities are taking steps to reduce their personal energy costs, but they see economic benefits to emerging energy-saving technologies that they think will create jobs and strengthen the economy, according to a new survey released today.

Mascoma Corporation, a renewable fuels company, announced today that it has signed a cooperative agreement with the U.S. Department of Energy (DOE) to assist in the design, construction and operation of a commercial-scale hardwood cellulosic ethanol facility in Kinross, Michigan. The cooperative agreement provides for up to $80 million in DOE funding, in addition to $20 million in funding previously awarded by the DOE related to research and development for this project. This agreement includes a cost-sharing arrangement under which the DOE will contribute to the costs for construction of the Kinross facility, and the balance of the construction costs will be funded by Valero Energy Corporation and a grant from the State of Michigan.