Recent Press Releases

Barack Obama promised to spend $150 billion over the next 10 years developing alternative energy. Clean technology and green energy stocks have registered a new high as City analysts anticipate a major boost from the incoming president. The US election result has provided a much-needed encouragement at a critical time and that too for an industry which is still in its nascent phase.

Khosla Ventures, started in 2004 in Silicon Valley by Vinod Khosla, co-founder of Sun Microsystems, has quickly become one of the top venture capital firms investing in clean technology.

Regulations expected to prevent 9,400 premature deaths, improve air quality, reduce greenhouse gases; more than $1 billion in funding assistance available for business owners

Under the ongoing global financial crisis, a lack of available credit is causing projects to be delayed or terminated, but the clean energy sector is continuing to attract substantial amounts of investment capital.

To improve air quality and protect public health, EPA today announced the first $3.4 million in funding for clean diesel projects under the $50 million Diesel Emission Reduction Program. This campaign makes awards to save fuel and lower greenhouse gas and diesel exhaust emissions from the country's existing fleet of 11 million diesel engines.

East sees a bright future ahead for green investments. A survey conducted by the Energy Network has indicated good interest among investors, industries and governments in the region to put their dollars to good use through carbon finance and other schemes.

BluWave Hybrid, LLC has launched its new fuel-saving Hydrogen-on-Demand products to the environmentally conscious consumer via an online campaign. The website, BluWaveHybrid.com also provides an interactive social community consisting of forums, message boards, podcasts and blogs geared specifically to the community of Hydrogen activists and enthusiasts from around the globe that are involved in advancing technology to decrease global oil consumption and lower emissions.

Millennium Finance Corporation, a subsidiary of Dubai Islamic Bank, held a press conference earlier today to officially launch the first two sector-specific funds of Millennium Private Equity, the private equity venture sponsored by Dubai Islamic Bank and Dubai World, that aims at becoming the largest private equity initiative in the region.