23 Aug '11, 12pm

ClearEdge Wins Huge $73.5M VC Round For Fuel Cells: We could be witnessing the dawn of the successful VC-funde...

ClearEdge Wins Huge $73.5M VC Round For Fuel Cells: We could be witnessing the dawn of the successful VC-funde...

We could be witnessing the dawn of the successful VC-funded fuel cell company. Perhaps the first profitable fuel cell firm will be ClearEdge Power . (Bloom Energy is vying for that title as are scores of other unprofitable firms .) ClearEdge's investors certainly think so -- and have just provided the firm with a $73.5 million round E, one of the larger cleantech funding rounds of 2011. The funding was led by new investor Artis Capital Management along with Austria's Güssing Renewable Energy, strategic investor Southern California Gas Company, a subsidiary of Sempra Energy (NYSE: SRE), and existing investor Kohlberg Ventures. ClearEdge Power , with 200 employees and headquarters in Hillsboro, Oregon, is one of many aspirants looking to make technological progress and commercial inroads in the difficult fuel cell market. The firm builds proton exchange membrane (PEM) fuel c...

Full article: http://www.greentechmedia.com/articles/read/clearedge-pow...

Tweets

Considering Methane as a Renewable Fuel

cleantechnica.com 26 Aug '11, 1am

A good number of landfills still don’t collect the methane as an alternative fuel that can be put to good use; they simply...

Looks Like Bankrate.com Is A Huge Domainer Spen...

thedomains.com 23 Aug '11, 7pm

According to some SEC filings it appears Bankrate.com apparently is becoming a major domainer having spent over $90 millio...

Daily Wrap-up: Round 2, The Barclays #pgatour

pgatour.com 26 Aug '11, 10pm

• Matt Kuchar, who won The Barclays on the first hole of a sudden-death playoff last year and nearly went on to win the Fe...