What you need to know about the 2013 energy budget

The White House sent its proposed budget for 2013 to Congress on Monday, and the plan calls for boosting funding for clean power and energy efficiency, seeks to eliminate fossil fuel subsidies and doesn’t seek additional funds for the loan guarantee program.

Fisker suspends work on Project Nina, lays off workers

Electric vehicle maker Fisker Automotive announced on Monday that it has halted work on its second electric car called Project Nina at its factory in Delaware, has laid off 26 workers, and is attempting to renegotiate the terms of its loan with the U.S. government.

Battery maker Ener1 looks to restructure in bankruptcy court

Some good news and bad news for the beleaguered battery maker Ener1. On Thursday, the company announced it’s filing for Chapter 11 in New York, but has done so under a pre-arranged restructuring plan that includes commitments for up to $81 million from investors.

Silver Lake Kraftwerk raising $1.25B energy fund

Private equity firm Silver Lake’s first foray into energy and cleantech investing is gonna be a big one. According to a filing, Silver Lake Kraftwerk is raising a $1.25 billion fund and has closed a little over $200 million of it.

Bankrupt flywheel maker Beacon to sell plant to pay back DOE

Beacon Power, the flywheel maker that filed for bankruptcy last month after winning a $43 million loan guarantee from the Department of Energy, announced on Saturday that it plans to sell its 20 MW flywheel plant in Stephentown, New York, to pay back the DOE loan.

Fisker won’t ramp up production of Karma until Q2 2012

Electric vehicle startup Fisker Automotive has dramatically scaled back production plans of its first car, the Karma, in the fourth quarter of 2011, and it won’t ramp up to full production until the second quarter of 2012.

5 bets the DOE made that are better than Solyndra

It’s been over a month since the Solyndra news came out, but it’s still dominating. Because it just won’t go away, here’s my top five list of projects that the DOE also backed with loan guarantees and that are showing some early signs of success.

DOE’s new No. 2 on Solyndra: It’s about cheap Chinese financing

The DOE’s new No. 2, Richard Kauffman, started his job on the Tuesday after the Solyndra announcement. He sees Solyndra as an example of cheap Chinese financing, which is behind the decline in Chinese solar cells, compared to the high costs of financing in the U.S.