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Posts Tagged ‘networking’

Path to $3B in Stimulus Funds Revealed to Renewable Energy Developers | GreenBiz.com

In cleantech, Energy, entrepreneur, Environment, greentech, investment, Sustainable, Technology, technology transfer on July 11, 2009 at 2:51 pm

By Tilde Herrera, ClimateBiz
Published July 10, 2009

OAKLAND, Calif. — The Energy and Treasury departments released eagerly awaited guidance Thursday to help renewable energy project developers apply for roughly $3 billion in stimulus funds, which experts say will open the market to many technologies that weren’t economically feasible before.

The departments released the guidance, terms of conditions and a sample application, although applications won’t be accepted until next month. The rules is a major step that will spur private sector investment in clean energy and move the U.S. closer to President Barack Obama’s goal of doubling renewable energy capacity in three years, according to Matt Rogers, a Department of Energy (DOE) senior advisor charged with implementing ARRA funding.

“By getting these rules out there and making it clear how to apply we’re hoping this will bring that private capital back from the sidelines and into the market quickly,” Rogers said during a conference call with reporters Thursday.

The tax grants will offset between 10 percent and 30 percent of the project’s cost, depending on the technology type. Construction must begin by the end of 2010 and the projects must be placed into service by 2017 at the latest for certain types of technologies. The Treasury Department expects the program will benefit some 5,000 projects, and seems ready to boost funding from an estimated $3 billion if demand warrants an increase.

Credit termination date and credit percentage, by project type
Courtesy of Energy and Treasury departments

Under this temporary program, developers who previously qualified for the production tax credit can now opt for the investment tax credit, which is based on the cost of the project, not the amount of electricity to be generated. Those eligible to claim the investment tax credit may then elect to receive a direct payment, rather than having the credit paid over 10 years and based on the amount of electricity generated. Cash grant recipients must agree to give up future tax credits.

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The Top 100 Networked Venture Capitalists

In Venture Capital on July 5, 2009 at 12:43 pm

The Top 100 Networked Venture Capitalists.

Do venture investors with the biggest and best networks end up producing the best returns? An academic paper from a few years ago by Yael Hochberg, Alexander Ljungqvist, and Yang Lu titled “Whom You Know Matters: Venture Capital Networks and Investment Performance” (embedded at the bottom of this post) suggests that is the case. They looked at historic venture returns and found that “better-networked VC firms experience significantly better fund performance,” as measured by how many of the companies in their portfolios exited via an IPO or acquisition.

Khosla Ventures Top 5 Keys to Green

In cleantech, entrepreneur, Environment, greentech, investment, Sustainable, Venture Capital on July 5, 2009 at 12:39 pm

Khosla Ventures Top 5 Keys to Green.

Khosla Ventures Top 5 Keys to Green

selkerlead.net A smart interview with Ford Tamer, a partner from the top clean-tech venture capital firm, focused on the values and principles he uses at Khosla Ventures to guide investments and build winning and successful green companies.

Inventing Green » Green Tech Map

In cleantech, Energy, entrepreneur, Environment, greentech, Science, Sustainable, Technology on July 2, 2009 at 12:07 pm

Green Tech Map

American Green Technology Historical Registry
A map of places of historical interest in green technology. Find wind, solar thermal, solar photovoltaic, hydrokinetic, and geothermal projects from the past — and learn about America’s fossil fuel history as well, beginning in Petrolia, Pennsylvania, where Edwin Drake sank the world’s first oil well.

Overview – Gigaton Throwdown

In cleantech, Energy, Environment, greentech, Sustainable, Technology on June 26, 2009 at 2:39 pm

Gigaton Throwdown: The Gigaton Throwdown Initiative Team has spent the past 18 months evaluating what it would take to scale up clean energy aggressively so that it has a major impact on job growth, energy independence, and climate change during the next 10 years. We now see two possible worlds for 2020 and beyond.