Archive for the ‘Hedge Funds’ Category

T. Boone Gets Blown Out of the Water

Tuesday, November 4th, 2008

T. Boone Pickens has delayed work on a state permit to build 170 miles of transmission lines carrying enough wind energy to power 300,000 homes, raising concerns that the much heralded Pickens plan may not pan out as planned. Earlier this year, Pickens ordered nearly 670 turbines for the ...

Synopsis of Solar Energy News

Monday, November 3rd, 2008

L.A. Southwest College 4-MW PV Project, California L.A. Southwest College's new 4-MW solar project, which was designed and constructed by Chevron Energy Solutions, marks another milestone in the Los Angeles Community College District's efforts to make its colleges carbon neutral through its Renewable Energy Plan. SolFocus Agreement with EMPE Solar SolFocus ...

Does the Price of Oil Matter?

Sunday, November 2nd, 2008



Transit Agencies Could Be Next Casualty of Credit Crisis

Sunday, November 2nd, 2008

Transit agencies across the United States may need to find billions of dollars to repay investors as long-term financing deals disintegrate, a result of the global credit crisis that could eventually affect millions of commuters. The recent collapse of insurance giant American International Group, which facilitated major financing deals between ...

Solar News Synopsis

Thursday, October 2nd, 2008

Suntech Expansion of U.S. Market Presence Suntech Power announced three initiatives designed to significantly expand its share of the U.S. solar market, including establishment of a joint venture with MMA Renewable Ventures forming Gemini Solar Development Company, acquisition of EI Solutions with the new subsidiary to be named Suntech ...

All the Solar Energy News Under the Sun

Tuesday, September 30th, 2008

Hudson Clean Energy Partners Acquisition of Helium Energy Hudson Clean Energy Partners announced that it has acquired Helium Energy S.L.U., a renewable energy development company headquartered in Madrid, Spain. Nippon Oil and SANYO Electric Joint Company Nippon Oil Corporation and SANYO Electric Co., Ltd. have reached a basic agreement to explore ...

Water Hedge Fund Cleans Up

Tuesday, September 30th, 2008

Many hedge funds are up to their ass in alligators with worries over the collapsing financial markets and the looming worry that they might be the next domino to fall. Sextant Capital Management is not one of them. The Toronto, Canada-based firm’s Strategic Global Water Fund Offshore finished up 9.4% in ...

T. Boone Takes A Nosedive

Monday, September 29th, 2008

T. Boone Pickens, the epic oilman turned hedge fund manager turned energy independence evangelists, has watched his hedge funds lose roughly $1 billion this year. Pickens has personally lost $270 million. The firm’s commodity fund, which started the year with $600 million, is down 84% through August, while its $2 ...

Hedge Funds Back Offshore Wind Projects

Monday, September 29th, 2008

Two hedge funds have partnered in a project seeking to build a huge wind farm off Rhode Island that will provide 15% of that state’s power. Deepwater Wind, which is owned by Ospraie Management, D.E. Shaw Group and First Wind, were chosen from seven groups that offered proposals to the Ocean ...