Thomas R. Burton Jason Altieri Evan M. Bienstock Faith L. Charles Ralph A. Child Kenneth M. Connolly Daniel I. DeWolf David P. Dutil Susan L. Foster Jeremy B. Hayden Richard A. Kanoff Patrick J. Kealy Carl A. Kukkonen III David J. Leiter Chuck A. Samuels Paul J. Scapicchio Gabriel Schnitzler Sahir C. Surmeli Stanley A. Twarog Michael D. Van Loy Peter Zlotnick
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In the April edition of Mintz Levin’s Energy and Clean Tech Connections, we’ve gathered recent information from a wide variety of sources in an effort to keep you abreast of what’s new in the world of clean tech. We draw your attention to the latest industry developments, news from Capitol Hill, grant opportunities, and upcoming events. Mintz Levin’s Energy and Clean Technology Practice Group would like to congratulate our client, Luminus Devices, on recently completing a $72 million financing. Additionally, we would like to applaud another client, FloDesign Wind Turbine Corporation, for being named a finalist in the MIT Ignite Clean Energy Business Presentation Competition. The finals will be held on Monday, May 12th, and we wish their team the best of luck. We hope you enjoy this month’s edition of the newsletter. Clean Energy Fellowship Program Transitioning Entrepreneurs New England Clean Energy Council This innovative entrepreneurial development program is designed to rapidly transition experienced entrepreneurs into the region’s clean energy sector. The program addresses a simple but acute problem: a lack of repeat entrepreneurs in the sector—a critical ingredient in venture formation, funding, and growth. Information session: April 22, 2008 In This Edition Funding Roundup: Dancing on the Edge of a Bubble? Greentech Media - April 14, 2008 Duke Energy CEO: Coal Not Going Away CNET - April 13, 2008 Wind Power Growth Surpasses Projections RenewableEnergyWorld.com - April 11, 2008 Fenway Park Ready for Green Power The Boston Globe - April 10, 2008 LDK to Raise $400 Million Greentech Media - April 10, 2008 First Reserve Corporation Invests in Kenersys Investment to Fund New Wind Turbine Design CNBC - April 7, 2008 Funding Roundup: Greentech Sees $988 Million in First Quarter Greentech Media - April 7, 2008 Firms Seek to Make Solar Power More Affordable The Los Angeles Times - April 3, 2008 UK Finds 15 Possible Sites for Eco-Towns The Denver Post - April 3, 2008 1366 Technologies Raises US $12 Million RenewableEnergyWorld.com - April 3, 2008 Concentrating Solar to Reach 18 Gigawatts by 2020 Greentech Media - April 1, 2008 Credit Suisse to Invest US $300 Million in Renewables RenewableEnergyWorld.com - March 31, 2008 Laying the Grid Groundwork for Plug-in Hybrids Greentech Media - March 27, 2008 Plenty of Space for Biofuels in Europe RenewableEnergyWorld.com - March 26, 2008 SmartPower President Brian F. Keane Discusses Clean Energy and Energy Efficiency Money for Breakfast, Fox Business News - March 26, 2008 Energy Boost: Solar and Wind Businesses Powered by Tax Breaks The Washington Post - April 14, 2008 Policy Roundup: U.S. Senate Passes Incentives Greentech Media - April 14, 2008 New Coal-Fired Power Plants Opposed in Michigan Chicago Tribune - April 13, 2008 Wisconsin Feels Turbulence over Pulling Power From Air The Washington Post - April 12, 2008 DOE Announces up to $4 Million for University Research into Advanced Biomass Conversion Press Release, U.S. Department of Energy - April 11, 2008 Maryland Legislature Passes Energy-Efficiency Bills RenewableEnergyWorld.com - April 10, 2008 Department of Energy Recognizes Top “Energy Star” Partners Press Release, U.S. Department of Energy - April 2, 2008 Marshfield to Be Test Site for New Energy-Saving Plan The Boston Globe - March 30, 2008 U.S. Department of Energy to Provide up to $2.4 Million to Advance Solar Energy in 12 U.S. Cities U.S. Department of Energy - March 28, 2008 California Slashes Zero-Emission Car Plans Greentech Media - March 28, 2008 U.S. Department of Energy and the Automotive X PRIZE Foundation to Promote Clean, Energy-Efficient Vehicles Press Release, U.S. Department of Energy - March 20, 2008 Massachusetts Supreme Judicial Court Holds Parent Corporation Not Liable under Massachusetts Superfund Law for Contamination Caused by Subsidiary Environmental Advisory, Mintz Levin - March 25, 2008 Three Mintz Levin Members Named Washington, D.C. Super Lawyers Press Release, Mintz Levin - March 24, 2008 Addressing Vapor Intrusion Environmental Advisory, Mintz Levin - March 3, 2008 The Renewable Fuels Foundation Offering The Renewable Fuels Foundation (RFF) Board of Directors funds those research projects that have clear goals and measurable outcomes with benchmarks that will advance the science of ethanol production. While sound research should be the basis for all grant applications, the RFF will only support projects that directly enhance domestic production of ethanol and the efficient use of co-products. One grant will be awarded for $150,000, of which $75,000 will be made available over two years. Viable projects may qualify for continued funding past this time frame. Research project proposals must have a national implication, not local. The RFF prefers to fund national model projects, thereby making a bigger impact to the U.S. ethanol market. SEED 2007 Call for Renewable Energy Company Applicants The Massachusetts Technology Collaborative The Massachusetts Technology Collaborative, a quasi-state agency, established the Sustainable Energy Economic Development (SEED) initiative to support growth and commercialization of renewable energy technologies in Massachusetts. SEED provides direct and flexible capital to early-stage companies for new renewable energy related product development and facilitates companies in gaining access to private capital. The award amount will be up to $500,000 per company per 12-month period, up to two awards per Massachusetts company, and SEED is accepting applications on an open enrollment basis. Business Expansion Initiative Business Expansion Initiative (BEI) supports the development and expansion of the production capacity of renewable energy technology firms in Massachusetts. BEI provides secured debt capital to expansion-stage companies for new renewable energy product design and manufacturing financing. BEI loans may only be made to companies located within Massachusetts. Mintz Levin’s Ken Connolly will
be speaking at the IETA Carbon Expo 2008 Global Carbon Market Fair & Conference May 7–9, 2008 Brainstorm Green April 21–22, 2008 Nordic Green ‘08 April 21–22, 2008 Organic Photovoltaics 2008 April 21–23, 2008 The 2nd China International Wind Energy April 25–27, 2008 Cleantech Forum XVII April 28–30, 2008 Ceres Conference 2008 April 29–30, 2008 Solar 2008 The National Solar Energy Conference May 3–8, 2008 33rd IEEE Photovoltaic Specialists Conference May 11–16, 2008 3rd Renewable Energy Finance Forum - China May 14–15, 2008 Green Earth Expo 2008 May 14–18, 2008 3rd Annual Renewable Energy May 19–21, 2008 All-Energy 2008 UK’s Largest Renewable Energy Exhibition & Conference May 21–22, 2008 PV Annual 2008 Shedding Light on Solar May 28, 2008 World Bioenergy 2008 May 27–29, 2008 Windpower 2008 Conference & Exhibition June 1–4, 2008 Clean Technology 2008 CTSI Clean Technology and Sustainable June 1–5, 2008 5th Global Clean Technology Conference June 5, 2008 Cleantech Companies in Mainstream Markets Fourth Annual CEO Panel on Innovative Strategies June 11, 2008 Global CO2 Summit & Exhibition A Two-Day International Summit Tailored for the Energy Sector June 12–13, 2008 Photovoltaics Summit 2008 June 18–20, 2008 Green Technology Entrepreneurship Academy July 7–11, 2008 Cleantech Forum XVIII September 15–17, 2008 Intersolar North America 2008 July 15–17, 2008 Solar Power Canada 2008 September 16–18, 2008 ISO New England Lights, Power, Action September 18–19, 2008 West Coast Green September 25–27, 2008 World Energy Engineering Congress (WEEC) October 1–3, 2008 Solar Power 2008 October 13–16, 2008 EBW Waste-to-Energy Expo & Conference October 14–16, 2008 Green Energy Summit October 16–19, 2008 Alternative Energy Innovations 2008 November 7–8, 2008 |
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