Venture-backed LED developer Bridgelux has long wanted to tackle the Chinese market, and it’s found a partner to do that: the company just raised $25 million from manufacturer Kaistar in China. Read More »
Ucilia Wang
It’s been painfully apparent that many of the well-funded startups building next-gen solar tech have yet to ship solar panels in any large volumes and have missed their targets. And even the folks in the solar industry are starting to take each other to task. Read More »
Beacon Power, the federally-backed energy storage company, has found a buyer. Rockland Capital plans to pay $30.5 million for Beacon’s assets, including a 20MW flywheel energy storage plant that that received a $43 million loan guarantee. Read More »
A 1 GW solar farm in California whose fate was in limbo for a while is finally moving forward: Solar Millennium has sold it to Solarhybrid, which will change the technology for the project from concentrating solar thermal to photovoltaic panels. Read More »
Enerkem, which develops technology that turns waste into biofuel and has won federal government backing, on Friday filed the S-1 with the U.S. Securities and Exchange Commission to raise up to $125 million. Read More »
The failure rate of developers to fulfill their renewable energy contract in California has historically been around 30-40 percent, but that failure rate is expected to come down now that utilities are seeing better prepared and managed projects — and more developers who are in the… Read More »
Markus Beck, the former head of First Solar’s now shuttered next-gen solar tech project, is looking to keep his dream alive and develop a new process to make thin film solar panels. Given the state of the market, it could be a tough play. Read More »
SolarCity, which has built a business around installing solar panels on rooftops, plans to file for an IPO as early as next month, according to Bloomberg. The report says the IPO will value the company at more than $1.5 billion. Read More »
Both job creation and layoffs are particularly sensitive topics during a weak economy, let alone an election year, so the big layoff at Amonix’s solar factory in Nevada raises questions about the health of the Kleiner Perkins-backed company and its promise to bring many jobs Read More »
A trade complaint filed against Chinese solar makers, accusing them of benefiting from illegal subsidies, has drawn a line in the sand for the U.S. solar industry. Now the Commerce Department has issued a finding that tilts the case in favor of the petitioner, SolarWorld. Read More »
Spain once symbolized a great solar boom – and then bust – as its government lowered incentives to reign growth. That repercussion of that boom has continued, however, and on Friday the government announced a suspension of the incentive program to cut costs. Read More »
The long-promised but perpetually fledging biofuel industry still remains a big focus of government support. The U.S. Department of Agriculture announced Thursday that it has made a conditional commitment for a $232.5 million loan guarantee to biofuel maker ZeaChem. Read More »
A tough legal showdown between the city of Boulder and utility Xcel Energy is brewing as the city prepares to force Xcel to sell its distribution network. Read More »
Asia, with its rapidly growing number of car owners and large pollution problems, could very well be the biggest market for biofuels and green chemicals one day. LanzaTech, which announced Monday it has raised $55.8 million, is certainly finding more willing customers and partners Asia. Read More »
In the telecom and Internet worlds, it’s standard to re-route data over different lines when one path is overloaded. But not so much, when it comes to the power grid. However, a newly-emerged startup called Varentec, backed by Khosla Ventures, is looking to change all that. Read More »
Nanosolar, which has struggled for years to fulfill its promise as the next major thin-film solar manufacturer, announced Thursday it has a new CEO. Eugenia Corrales, who has been the startup’s head of engineering and operations, is taking over the chief executive post effective immediately. Read More »
If you follow solar news, chances are you’ve heard of Dow’s solar shingles — a more aesthetic way to put panels on rooftops. Well, according to the founder and CEO of thin film solar startup NuvoSun, Dave Pearce, NuvoSun is the latest producer of Dow’s solar… Read More »
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