Tesla Raises More Than $200 Million in Follow-On Offering

Clean Edge News
6/10 Tesla Raises More Than $200 Million in Follow-On Offering
Tesla Motors, a manufacturer of fully electric vehicles and electric vehicle powertrain components, announced that it has priced and fully allocated its follow-on offering of 5,300,000 shares of common stock at a price to the public of $28.76 per share, the closing price for Tesla shares on June 2, 2011.

Clean Edge News
6/9 DOE to Provide $70 Million to Advance Geothermal Energy
In support of President Obama’s goal of generating 80% of the country’s electricity from clean energy sources by 2035, U.S. Department of Energy Secretary Steven Chu announced the availability of up to $70 million in new funding over three years for technology advancements in geothermal energy.

Clean Edge News
6/8 Secretary Chu Announces Almost $15 Million for Energy-Efficient Lighting
Energy Secretary Steven Chu announced nearly $15 million to support eight new research and development projects that will accelerate the development and deployment of high-efficiency solid-state lighting technologies like LEDs and OLEDs.

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