Energy and Clean Tech Connections: Your Law Firm Link to Industry News

Energy and Clean Tech Connections

May 2010

 

In the May edition of 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 energy. We draw your attention to the latest industry developments, news from local governments to Capitol Hill, grant opportunities, and upcoming events.

This month, the Energy and Clean Technology Practice Group would like to congratulate clients EnerNOC and Metal Oxygen Separation Technologies Inc. Earlier this month, EnerNOC secured a multi-year contract to provide Tucson Electric Power with up to 40 megawatts of demand response capacity. Meanwhile, Metal Oxygen Separation Technologies was named a winner in the U.S. Department of Energy’s Industrial Energy Efficiency Grand Challenge, taking home a prize of $260,000.

In Washington this month, Senators John Kerry (D-MA) and Joseph Lieberman (I-CT) unveiled their long-anticipated energy and climate legislation. The legislation aims to cut emissions of greenhouse gases by 17% by 2020; it also includes increased protections for offshore drilling, and would, for the first time, set a price on carbon dioxide emissions produced by some major polluters. For the most up-to-date information on the legislation and other federal programs, please click here to find the most recent ML Strategies Weekly Energy and Environment Update.

Last month, Interior Secretary Ken Salazar formally approved the Cape Wind project. Located off the coast of Massachusetts in Nantucket Sound, Cape Wind would be the first offshore wind farm in the United States if completed.

In financing news, Mintz Levin has teamed with the law firm Krieg DeVault and the investment bank Stern Brothers to develop a bond-oriented approach for financing commercial biofuels projects. The platform has received favorable initial reaction from the U.S. Department of Agriculture, and could help resolve the funding delays and other issues presently facing the commercialization of biofuels.

We hope that you enjoy this month’s edition of the newsletter.

 

In This Edition

In the News: United States

In the News: Europe and Asia

Government Financial Assistance

Privately Sourced Financial Grants

Federal and State Happenings

Legal News

Events

 

In the News: United States

Jinko Solar’s IPO Meets with Tepid Reaction

Greentech Media–May 16, 2010

More info…

The Name is Bond: A Tool To Break Biofuels Financing Logjam?

Biofuels Digest–May 13, 2010

More info…

EnerNOC Takes Demand Response to Tucson

Greentech Media–May 12, 2010

More info…

Solaria Raises $45 Million, Wind Storage Gets $3 Million

Greentech Media–May 11, 2010

More info…

Run Energy Signs 460-MW Wind O&M Deal

Renewable Energy World–May 10, 2010

More info…

National Grid Sets Sail with Cape Wind Power Purchase Deal

BusinessGreen.com–May 10, 2010

More info…

Venture Capital Investment in Clean Technology Bolstered by Energy Efficiency and Electric Vehicle Deals

New Energy World Network–May 6, 2010

More info…

Leading Oil Refiner Invests in More Algae

CNET News–May 6, 2010

More info…

Clean Energy M&A: Six Trends To Watch

Greentech Media–May 6, 2010

More info…

Six Massachusetts Clean Tech Firms Win $1.7 Million in DOE Grants

Mass High Tech–May 5, 2010

More info…

Google Invests Nearly $39 Million in Wind Farms

CNET News–May 3, 2010

More info…

U.S. Wind Developers National Wind, KRS to Develop 300 MW Texan Community Wind Project

New Energy World Network–April 30, 2010

More info…

Solar Power Partners Raises $215 Million

Renewable Energy World–April 29, 2010

More info…

Joule Gets $30 Million in Second Round Funding for Advanced Biofuel Technology

Clean Edge–April 28, 2010

More info…

Interior Secretary Approves Cape Wind Plan, Nation’s First Offshore Wind Farm

The Boston Globe–April 28, 2010

More info…

U.S. Closes $529 Million Loan to Fisker To Drive Electric Vehicle Development

New Energy World Network–April 26, 2010

More info…

Solar Microinverter Developer SolarBridge Raises $15 Million in Series B Funding

New Energy World Network–April 26, 2010

More info…

Codexis IPO: Biocatalyst Startup Debuts on Nasdaq at Low End

Earth2Tech–April 22, 2010

More info…

Amonix Secures $129.4 Million in Financing

Renewable Energy World–April 22, 2010

More info…

Amyris IPO: The S-1, By the Numbers

Earth2Tech–April 18, 2010

More info…

 


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In the News: Europe and Asia

American Superconductor Announces $445 Million Order from Chinese Wind Turbine Maker Sinovel

Clean Edge–May 17, 2010

More info…

Samsung To Invest $21 Billion in Solar Cells, LEDs and More

Bloomberg BusinessWeek–May 14, 2010

More info…

THINK To Further Electric Vehicle Development with New $40 Million Equity Round

Clean Edge–May 12, 2010

More info…

UK Coalition Parliament Expected To Increase Renewables Spending, Appoints Chris Huhne as Energy Secretary

New Energy World Network–May 12, 2010

More info…

The Crown Estate Awards 2GW Additional Wind Capacity

New Energy World Network–May 11, 2010

More info…

China Hydroelectric Corp. Acquires 19-MW Project

Renewable Energy World–May 7, 2010

More info…

Abengoa Solar’s 50 MW Concentrated Solar Plant Begins Operation in Spain

Clean Edge–May 7, 2010

More info…

China, South Korea Lead in Green Tech Funding

CNET News–May 6, 2010

More info…

ABB Acquires Ventyx for Over $1 Billion

Greentech Media–May 5, 2010

More info…

SunEdison To Build 12 Solar Parks in Italy

Renewable Energy World–May 4, 2010

More info…

Vestas Wins Four Chinese Wind Turbine Orders Totaling 198MW

New Energy World Network–April 27, 2010

More info…

Total Dives Further into Biofuel with Coskata Investment

Cleantech–April 27, 2010

More info…

Rabobank To Raise Up to €1.5 Billion for Solar and Wind Project Finance Fund

New Energy World Network–April 26, 2010

More info…

European Investment Firm WHEB Ventures Raises £100 Million for Second Clean Technology Fund

New Energy World Network–April 22, 2010

More info…

French Biofuel Technology Developer Deinove Sets IPO Price

New Energy World Network–April 22, 2010

More info…

 


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Government Financial Assistance

Grants

New York State Energy Research and Development Authority–Innovations in Demand Response, Load Management and Dynamic Pricing

Application Deadline: June 15, 2010

More info…

New York State Energy Research and Development Authority–Renewable, Clean Energy, and Energy Efficiency Product Manufacturing Incentive Program

Application Deadline: June 10, 2010

More info…

Massachusetts Technology Collaborative Sustainable Energy Economic Development (SEED)

Application Deadline: Rolling

More info…

Massachusetts Technology Collaborative Business Expansion Initiative (BEI)

Application Deadline: Rolling

More info…

Massachusetts Technology Collaborative Large Onsite Renewables Initiative

Application Deadline: Rolling

More info…

Massachusetts Green Energy Fund

Application Deadline: Rolling

More info…

Unsolicited Proposals to the Massachusetts Renewable Energy Trust’s Industry Investment and Development (II&D) Program

Application Deadline: Rolling

More info…

Focus on Energy Renewable Energy Incentives & Grants

Application Deadline: Rolling

More info…

 


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Tax Incentives and Rebates

Federal Advanced Energy Manufacturing Tax Credit

More info…

Federal Modified Accelerated Cost Recovery System

More info…

Federal Business Investment Tax Credit

More info…

Federal Renewable Power Production Tax Credit

More info…

Federal Tax Credits for Home Builders

More info…

Federal Tax Deductions for Commercial Buildings

More info…

Self-Generation Incentive Program

More info…

California Property Tax Exclusion for Solar Energy Systems

More info…

Massachusetts Alternative Energy and Energy Conservation Patent Deduction (Personal and Corporate)

More info…

Massachusetts Hydropower-Property Tax Exemption

More info…

Massachusetts Local Property Tax Exemption

More info…

Massachusetts Corporate Income Tax Deduction

More info…

Massachusetts Technology Collaborative Commonwealth Wind Incentive Program: Micro Wind

More info…

Massachusetts Technology Collaborative Commonwealth Wind Incentive Program: Community-Scale Wind

More info…

Massachusetts Commonwealth Solar

More info…

 


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Privately Sourced Financial Grants

The Energy Foundation Grants

More info…

The Renewable Fuels Foundation Grants for Ethanol Production

More info…

The Carbon Trust

More info…

 


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Federal and State Happenings

Bill Aimed To Stem Global Warming, Create Jobs

The Washington Post–May 12, 2010

More info…

Home Renovators Alert: House Passes Caulkers Bill

The Washington Post–May 6, 2010

More info…

New York Uses Proceeds from Regional Cap-and-Trade Auctions, Other Funds To Award $11.3 Million to Clean-Energy Projects

Clean Edge–May 5, 2010

More info…

DOE Announces $106 Million in Funding to 37 Research Projects through APRA-E Program

Clean Edge–May 3, 2010

More info…

U.S. Commits $200 Million to Solar and Water Power Technologies Ahead of Climate Change Bill

New Energy World Network–April 23, 2010

More info…

U.S. Department of Energy To Spend $28 Million on Energy Efficiency and Retrofit Programs

New Energy World Network–April 22, 2010

More info…

New York Gets $40 Million in PACE Funds

Renewable Energy World–April 22, 2010

More info…

California Launches $35.2 Million Cash for Appliances Program

New Energy World Network–April 22, 2010

More info…

U.S. Military at Forefront of Clean Energy Deployment, Says Pew Trust

New Energy World Network–April 22, 2010

More info…

New York Awards $204 Million to Eight Clean-Energy Projects

Clean Edge–April 16, 2010

More info…

 


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Legal News

DOE Releases New Report on Benefits of Recovery Act for Small Businesses

Energy and Clean Technology Advisory, Mintz LevinApril 13, 2010

More info…

Biomass under Attack: When is Carbon Neutral?

Energy and Clean Technology Advisory, Mintz LevinApril 13, 2010

More info…

Attention Foreign Entrepreneurs: New StartUp Visa Act of 2010 Introduced in Congress

Immigration Advisory, Mintz LevinMarch 3, 2010

More info…

Webinar: Responding to the SEC’s New Disclosure Requirements for 2010: Tips and Strategies To Prepare for Proxy Season

Securities Law Webinar, Mintz LevinMarch 2, 2010

More info…

Mintz Levin’s Energy and Clean Tech Practice Completed 40 Transactions in 2009

Press Release, Mintz LevinMarch 1, 2010

More info…

 


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Events

May

ASES National Solar Conference 2010

May 17-22, 2010
Phoenix Convention Center
Phoenix, Arizona

More info…

The Networked Grid 2010

May 18-19, 2010
Hyatt Grand Champion Resort
Indian Wells, California

More info…

Wind Power 2010 Conference and Expo

May 23-26, 2010
Dallas Convention Center
Dallas, Texas

More info…

Cleantech Focus: China

May 28-29, 2010
Beijing Liangmahe Hotel
Beijing, China

More info…

June

Renewable Energy World Europe 2010

June 8-10, 2010
RAI
Amsterdam, The Netherlands

More info…

Intersolar Europe 2010

June 9-11, 2010
New Munich Fair Trade Centre
Munich, Germany

More info…

Cleantech Focus: Bringing India and China To New England

June 10, 2010
Back Bay Events Center
Boston, Massachusetts

More info…

Clean Technology Conference & Expo 2010

June 21-24, 2010
Anaheim Convention Center
Anaheim, California

More info…

Renewable Energy Finance Forum–Wall Street

June 29-30, 2010
The Waldorf-Astoria
New York, New York

More info…

July

Growth Opportunities in Utility Scale Solar

July 13, 2010
InterContinental Hotel
San Francisco, California

More info…

Intersolar North America 2010

July 13-15, 2010
Moscone Center
San Francisco, California

More info…

Cleantech Focus: Chicago

July 27, 2010
Chicago Cultural Center
Chicago, Illinois

More info…

 


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