International Finance Corp.

Startup offers clean water from a Red Bird

September 23, 2009 - by Lisa Sibley - Cardinal Resources, specializing in high capacity water filtration, is one of 8 new companies the Cleantech Group spotted in the past week. Details in the Pitch o’ the week. Full Story »

IFC eyes minor stake in Auro Mira’s 15 MW biomass facility

September 14, 2009 - Best of the web - The private investment branch of the World Bank has committed a $5.26M loan for the $16M project. Full Story »

Cleantech fizzles while summer sizzles

August 20, 2009 - by Lisa Sibley - We spotted only 20 deals in the cleantech sector this week. Do long, lazy summer days mean investors are napping? Full Story »

Suntech claims new multi-crystalline PV efficiency record

August 19, 2009 - by Lisa Sibley - Crystalline silicon PV module manufacturer surpasses 15-year-old Sandia National Labs record with a new module powered by its Pluto photovoltaic cells. Full Story »

Will cleantech mobilize to prevent water shortages in India?

Two new reports this week gave urgency to efforts to reduce water use in India's agriculture sector.

First, the Indian government's State of the Environment report warned: "Groundwater reserves are becoming more and more depleted even as surface water sources become too polluted for human use."

That was followed by a study in the journal Nature that presented unnerving data on groundwater depletion in India, as viewed by satellites orbiting the Earth as part of NASA's Gravity Recovery And Climate Experiment. The satellites showed that the water table in India is falling 1.6 inches per year, losing 109 cubic kilometers (88.4 million acre-feet) from August 2002 to October 2008.

ENN Solar shows off tandem junction tech at Intersolar

July 14, 2009 - by Lisa Sibley - Chinese thin-film developer says power output per installed watt of its new silicon thin-film solar products is higher than conventional PV cells. Full Story »

Suntech secures $50M loan with IFC

June 30, 2009 - by Lisa Sibley - Wuxi, China-based silicon PV manufacturer plans to use new financing for its patent-pending Pluto technology and debt refinancing requirements. Full Story »

A Copenhagen call to action

April 29, 2009 - by Emma Ritch - We know the technologies and the investment required. Now it’s time to get governments to a consensus on funding emissions reductions, said a panel today at Cleantech Forum XXII in Copenhagen. Full Story »

IFC pumps up water focus in India with $45M for Jain Irrigation

March 4, 2009 - by Emma Ritch - IFC plans to take first equity stake in Jain and to expand to-date financing to $75 million, fresh off the heels of an investment in WaterHealth. Full Story »

IFC invests $15M in WaterHealth for filtration in rural India

February 18, 2009 - by Emma Ritch - Project financing is expected to fund 600 systems to provide purified and disinfected water for 3 million people. Full Story »
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