Ascent Partners

RICHLAND, Wash. – A smart electrical power grid could decrease annual electric energy use and utility sector carbon emissions at least 12 percent by 2030, according to a new report from the Department of Energy’s Pacific Northwest National Laboratory.
The report, The Smart Grid: An Estimation of the Energy and CO2 Benefits, shows a direct link [...]

This is encouraging that we are seeing another potential IPO to drive more liquidity to investors in the cleantech space and that we should get more public finacial support for a new generation of energy efficient vehicles which we desperately need.
PALO ALTO, CA. – Tesla Motors, Inc. today announced that it has filed a registration [...]

Fisker Automotive has secured access to an additional $115.3 million in private equity funding to develop plug-in hybrid cars. This funding is necessary for Fisker to access a $528.7 million U.S. Department of Energy conditional loan that will, in part, help speed completion of the Fisker Karma, the company’s first plug-in hybrid. The raise comes [...]

January 14, 2010 – Fisker Automotive has entered a battery supply agreement with A123 Systems. The Massachusetts-based company will provide lithium-ion batteries for the Karma plug-in hybrid. Chief Executive Officer Henrik Fisker said, “Fisker Automotive selected A123 because of the company’s ability to meet our performance needs and rapidly scale to our production volume. Fisker [...]

EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of clean and intelligent energy solutions, today announced that it has acquired Monitoring-Based Commissioning (MBCx) firm Cogent Energy, Inc. By integrating Cogent Energy’s extensive commissioning and engineering experience into EnerNOC’s MBCx energy efficiency application, EnerNOC will be able to deliver even more value to its rapidly growing customer [...]

Here’s an excerpt of an article from CNBC which gives an idea why without clear, long term energy policy in the U.S., we may fall behind in the global clean tech industry. (Link follows excerpt)
Mark Koba, Senior Editor | 15 Nov 2009 | 06:20 PM ET
Green is not turning into American red, white and [...]

With all the talk about the importance of clean tech in addressing economic, employment, security, and climate issues, what are the actions taking place for the U.S.to be a global leader in the rapidly unfolding opportunity? This quote from Patrick Tam, General Partner at Tsing Capital in Beijing, is quite telling in that the [...]

Article form the Puget Sound Business Journal by Byron McCann and John Pierce on 11/09/09.

There’s no doubt that the global meltdown has fundamentally altered the prospects for current and long-term economic growth in our region.
Although the region was already somewhat of an outpost for large multinational corporations, the recession has further shrunk the ranks of [...]

After six months of busy competition, the twelve clean tech semi-finalists will be highlighted at the Clean Tech Open Awards Gala on October 29th at the ACT Theatre. Governor Gregoire will keynote the event and Byron McCann, NW Region Clean Tech Open Co-chair, and Managing Partner of Ascent, will emcee.
Three finalists will be selected from [...]

Check out the new website for the NW Energy Angels, a private group of accredited investors who are passionate about building a clean tech economy and helping entrepreneurs achieve success.
www.nwenergyangels.com