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Coskata Inc. completes first close of Series D financing round

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a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011. Coskata Inc.,

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Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

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a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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Although independent reporting on these subsidies has increased, global efforts to move forward with subsidy reform have been hindered by a variety of causes, leaving international pledges unfulfilled. In 2011–12 India’s subsidies and under-recoveries for fuel totalled INR1.4 GSI: Fuel Subsidies in India. trillion (US$27.7

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Ideanomics to acquire wireless charging provider WAVE

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Founded in 2011, and headquartered in Salt Lake City, Utah, WAVE is a provider of inductive (wireless) charging solutions for medium- and heavy-duty electric vehicles (EVs). Ideanomics signed a definitive agreement to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. WAVE) for cash and stock consideration.

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CPV, GE, DGC secure largest US thermal power project financing in 2011 for 800 MW gas-fired power plant; 23 banks to provide nearly $800M in credit facilities

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(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

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trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% Select EERE Programs and Financing (US$ millions). 2010 est. 2011 prop. President Obama today transmitted the proposed $3.8-trillion

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy. —Colin McKerracher. billion for 300MW.

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