In these difficult times for financing new ventures, it should not go unnoticed when two new “green” companies in closely related markets attract significant capital. Can it be a coincidence that so much of the early funding through ARRA (and likely future appropriations) are related to energy efficiency and conservation? Here is an article discussing the recent financing -- and potential merger -- of two energy management companies, one here and one in the UK.
Perhaps it’s just schadenfreude, but we think you’ll want to read this story about a Texas utility that finds itself stuck with nearly a million smart meters that evidently aren’t as smart as the state PUC wants them to be. To feel their pain, click here: Ouch.