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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. of projected economic stimulus spending. A total investment of $8.1

Financing 296
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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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US Geothermal Power Production and Development Update, September 2009 identifies 144 new geothermal projects under development in fourteen states that could represent as much as 7,100 MW of new baseload power capacity. million people. The recession, as the report confirms, is having an impact on the industry, according to the GEA.

Industry 240
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 Pike expects ethanol production to maintain its.

Global 253
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr., Earlier post.).

Boston 199
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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

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GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan.

Financing 150
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Materials Company EnerG2 Breaks Ground on Plant for Ultracap Electrode Materials

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Seattle, Washington-based EnerG2 , a seven-year-old company focused on introducing advanced nano-structured materials for next-generation energy storage, broke ground on its first facility dedicated to the commercial-scale production of synthetic high-performance carbon electrode material for use in ultracapacitor energy storage devices.

Companies 186
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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Planned production would be 5,000 cars in the first year of production, moving up to 50,000+ within three years. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.