Here are some of the top stories to break over the last week.
Billion dollar contracts for GE (NYSE: GE) (wind turbines) and Applied Materials (NASDAQ: AMAT) (solar production equipment) demonstrated once again that there’s big money being passed around in clean tech.
Taiwan-based solar company Wafer Works invested in series B funding of U.S. utility-scale solar developer Cleantech America.
And startup company Climos received high-profile series A funding for its unique, but somewhat controversial plan, to sequester more carbon dioxide in the world’s oceans, by seeding phytoplankton with trace amounts of lead.
Solar company Suntech Power (NYSE: STP) acquired a stake in a polysilicon company with facilities in Russia, and announced plans to raise $425 million through a private stock offering.
Trina Solar (NYSE: TSL) announced plans to purchase $49 million worth of polysilicon production equipment from GT Solar, and Spire Corporation (Nasdaq: SPIR) announced a turnkey deal to provide a second solar module production line to Spanish company, Fluitecnik S.A.
The Australian Cleantech Index launched in Melbourne to track 75 Australian listed cleantech stocks, and advocacy group Ceres reported a record number of global warming shareholder resolutions for the 2008 proxy season.
The following companies reported strong quarterly and yearly returns:
- SolarWorld AG (SWV.DE)
- Gaiam, Inc. (Nasdaq: GAIA)
- FuelCell Energy, Inc. (NasdaqGM:FCEL)
- Trina Solar Limited (NYSE: TSL)
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