Mar 05 2010

The Green Seen

Posted by: Leonard Anderson

Several items relating to the business and technology of clean energy and the environment caught our attention this week:

SolarCity, a solar power system design, financing and installation company, has secured an additional $90 million fund from a unit of U.S. Bancorp to finance expansion of its solar projects in the western states. In January, Pacific Venture Capital, a subsidiary of PG&E Corp., announced $60 million in financing for SolarCity installations mainly in California with some in Arizona and Colorado. SolarCity also serves Oregon and Texas.

Former Edison International CEO John Bryson plugged some green startup companies at the U.C. Berkeley Energy Symposium on Thursday: Santa Monica-based Coda Automotive, maker of electric vehicles in China; smart-grid wireless company On-Ramp Wireless, of San Diego; and Ostendo, maker of solid state lighting displays based in Carlsbad, California. Bryson, a member of Coda's board of directors, was a co-founder of the Natural Resources Defense Council and president of the California Public Utilities Commission.

Greenest city in the world? Reykjavik, Iceland, tops a list for sustainability, according to Global Green Blog at GlobalPost. Reykjavik runs entirely on green power, including geothermal and hydroelectricity, and the city's transit system moves people around on hydrogen buses. Light-rail and bicycle leader Portland, Oregon, comes second, followed by Curitiba, Brazil, where sheep trim the parks; Malmo, Sweden, developing sustainable neighborhoods; and Vancouver, British Columbia, where 90 percent of its electricity comes from hydropower.

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