NewEnergyNews: QUICK NEWS, January 22: GOOGLE BUYS MORE WIND; RECORD 2013 PV MOVES NEAR TOP OF WORLD; 2013 CORPORATE MONEY GOES TO $579MIL FOR SMART GRID

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    Wednesday, January 22, 2014

    QUICK NEWS, January 22: GOOGLE BUYS MORE WIND; RECORD 2013 PV MOVES NEAR TOP OF WORLD; 2013 CORPORATE MONEY GOES TO $579MIL FOR SMART GRID

    GOOGLE BUYS MORE WIND Google buys another Texas wind farm

    Nicholas Sakelaris, January 15, 2014 (Dallas Business Journal)

    "Google Inc. purchased [a a $75 million, 182-megawatt] wind farm in the Texas Panhandle…The Panhandle 2 project is being developed by Pattern Energy Group LP and will be operational by the end of 2014, according to Google…This marks the 15th renewable energy project that Google has invested in…Google’s energy portfolio now consists of both wind and solar assets. The company’s long-term goal is to power its operations with 100-percent renewable energy…Google’s data centers don’t just plug into wind turbines or solar panels…Instead, Google incorporates renewable energy into the local power grids…” click here for more

    RECORD 2013 PV MOVES U.S. NEAR TOP OF WORLD Record 2013 Solar PV Installations Promotes U.S. to Strongest Market Outside Asia-Pacific…California retains leading state ranking in 2013, with North Carolina surging into second place

    January 8, 2014 (SolarBuzz)

    "New solar photovoltaic (PV) installations in the United States (U.S.) reached a record 4.2 gigawatts (GW) during 2013. Since 2012, the U.S. market has grown 15 percent, making it the leading solar market outside the Asia-Pacific (APAC) region…Solar PV installed in the U.S. during the fourth quarter (Q4) of 2013 also reached a new record high of approximately 1.4 GW, which is equivalent to over 1 megawatt (MW) of solar panels being installed during each hour of daylight over the past three months…Large-scale projects…[were] more than 80 percent of new solar capacity deployed…The small-scale solar segment, comprised of residential and small non-residential rooftops, accounted for approximately 700 MW in 2013, which is an increase of 10 percent compared to 2012…” click here for more

    2013 CORPORATE MONEY GOES TO $579MIL FOR SMART GRID VC Funding in Smart Grid Comes in at $405 Million in 2013

    January 2014 (Mercom Capital Group)

    “…Venture capital (VC) funding into smart grid technology companies came in at $405 million in 63 deals in 2013, compared to $434 million in 40 deals in 2012. Total corporate funding, including debt and public market financings, came to $579 million in 2013, compared to $506 million in 2012. There were 94 total VC investors in 2013, with 12 active investors participating in multiple deals…There was a burst of activity in Q4 2013, which netted $148 million in 31 deals. Almost half the deals in 2013 were made in the fourth quarter…There were three IPOs in 2013 (including one in the fourth quarter), raising a combined $162.3 million…” click here for more

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