It’s not meant to be after all. Solar power plant developer BrightSource Energy, plans to withdraw its plan to go public because of poor market conditions, the company said Wednesday night. Read More »
Cleantech
Brightsource Energy could go public as early as Thursday on the Nasdaq, and with that move the solar power plant developer will be making history. Read More »
The solar death spiral has been long and ugly. Over the past year, there have been over a dozen stalwarts and startups that have headed to bankruptcy court. Here’s our chart: Read More »
Q-Cells was once the largest solar cell maker in the world. Now the company says on Monday it’s filing for bankruptcy, which makes it the latest example of an industry turmoil that has forced many other manufactures out of the business as well. Read More »
Stuart Bernstein, the head of the clean energy group at Goldman Sachs, showed up at Cleantech Forum in San Francisco to talk about the IPO market, and his message to startups and investors was: hang in there. Read More »
The dark cloud of Solyndra might have lifted a bit, but, yes, it’s still here. Solyndra’s Chief Restructuring Officer, Todd Neilson, an outside bankruptcy expert and former FBI agent, has just completed and published a 204-page report on what-the-heck happened with Solyndra. Read More »
Alan Salzman, co-founder of VantagePoint Capital Partners, has two words of advice for investors trying to make money on their cleantech investments in a difficult year: be patient and embrace the enemy. Read More »
Solar thin film maker MiaSole is fighting for survival in a solar market that has seen many manufacturers shutter factories over the past year. The startup announced Wednesday that it’s raised $55 million to help it enter a new market and boost its sales staff. Read More »
The past year has been difficult for solar panel makers as many of them shuttered factories and filed for bankruptcies. The latest sign of this bleak time comes from a Tuesday announcement by Abound Solar, which is now suspending production and letting go of 180 workers. Read More »
SunPower said on Thursday in its earnings call that it will be going on the offensive in 2012, aggressively selling solar projects and residential leases, and developing more efficient solar panels. Read More »
The White House sent its proposed budget for 2013 to Congress on Monday, and the plan calls for boosting funding for clean power and energy efficiency, seeks to eliminate fossil fuel subsidies and doesn’t seek additional funds for the loan guarantee program. Read More »
Electric vehicle maker Fisker Automotive announced on Monday that it has halted work on its second electric car called Project Nina at its factory in Delaware, has laid off 26 workers, and is attempting to renegotiate the terms of its loan with the U.S. government. Read More »
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