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Looks like bad news for First Solar. The Washington Post reported Thursday that the thin film solar PV leader may not have actually secured that 2-gigawatt solar farm planned for China’s desert, which it announced back in September of 2009. Read more »

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Coda Automotive, a California-based electric car startup that has partnered with Chinese battery giant Lishen, plans to apply “soon” for Department of Energy loans. If that funding and state aid comes through, then Coda to build a battery factory in Ohio. Read more »

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Coda Automotive, the startup that aims to build electric cars in China for the U.S. market, has just announced the close of a whopping $58 million Series C round of financing to help launch its first vehicle — the Coda Sedan — in California later this year. Read more »

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Electric car startup Coda Automotive has just announced the first funding for its joint venture with Chinese battery giant Lishen. The duo has agreed to invest $100 million in the venture, which just snagged a $294 million line of credit. Read more »

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Aptera co-founder Chris Anthony has bowed out of day-to-day business activities at the three-wheeled vehicle developer as it seeks to put the brakes on its cash burn. But one of his other startups, Flux Power, has just hit the gas, with the launch of its first […] Read more »

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[qi:gigaom_icon_chip] Texas Instruments last year said it would exit the wireless baseband business (it will still make custom radios for clients, but will dump its catalog of wireless baseband chips), and today the Wall Street Journal notes the effect this is likely to have on TI’s […] Read more »

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MySpace is cutting nearly 30 percent of its U.S. workforce, or roughly 420 people, the social networking site said today, bringing its total number of U.S. employees to around 1,000. The announcement comes just two months after MySpace CEO Chris DeWolfe and President Tom Anderson left […] Read more »

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