Most of the oil giants have made small investments in cleantech and Chevron’s investment arm, Chevron Technology Ventures, was no exception. But Chevron has been moving away from making any cleantech investments, and hasn’t invested in a cleantech startup in two years, according to its President.
Concentrating solar photovoltaic technology hasn’t always gotten a lot of respect, but it’s getting more attention these days thanks to government aid and a few well-known players and projects. In fact the technology could see 1 GW of power projects installed by 2015.
Here’s good news for proponents of a solar tech that some thought would never be widely used: The U.S. Department of Energy said Tuesday it’s offering a conditional commitment for a $90.6 million loan guarantee to build a concentrating photovoltaic solar power plant.
Picking winners and losers is always a dicey exercise, but Lux Research took that plunge and issued a report this week, which points to likely revenue winners and IPO candidates over the coming year. The names that popped out include Amonix, Enphase Energy and Abound Solar.