NGP Energy Technology Partners has raised $348 million for a second fund to invest in energy companies including greentech startups - the latest sign of an emerging resurgence in green technology venture investment amidst a dismal economy.The recent closing comes on top of a first round of $148 million raised by the Washington, D.C. firm in 2005. That money went into 12 companies with annual revenues of about $300 million, the firm reports.Some of NGP ETP's portfolio companies include amorphous silicon module maker Xunlight, solar panel inverter maker Satcon Technology Corp., solar distributor...
Photo via MillionfaceWith Palin fresh out of the governor's seat, the Alaskan legislature wasted no time in overturning her veto of stimulus funds for energy efficiency. You may recall that Palin had previously said thanks, but no thanks to allotting...
photo: No Trams to Lime Street via flickrLest you have doubts that renewable energy won't be able to take over from fossil fuels: A new report from NRDC looks at future energy usage in Michigan and comes to the conclusion that through a combination o...
