Thursday, July 27, 2006

SolFocus and Green Earth Fuels

  • SolFocus, a solar PV concentrator developer that was incubated at Xerox PARC (we've discussed them before), announced they have taken in $25mm of an anticipated $32mm Series A. This comes very soon after the company's seed round back in February, which is a sign of how hot and heavy VC interest is in solar right now. Funders in this Series A include NEA, NGEN, and Yellowstone Partners. SolFocus has also recently posted listings to hire a Product Champion for their Gen One concentrator product.
Other news: Demand for electricity just hit an all-time record in the U.S... The California Clean Energy Fund has released some information about their portfolio... Biomass pellet-fueled home heaters... Finally, this year's hot toy for all you cleantech geeks out there...


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