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 »
The Green IT section of our GigaOM Pro service has been cranking out a lot of rock solid research and long form reports in 2012. Come check out our new 30-page state of solar report, our smart thermostat research and new analysis on batteries. Read more »
Solar companies worldwide will remember 2011 as a dark time in their history; the failing of Solyndra symbolizes that market volatility, and 2012 no doubt started with trepidation, writes Ucilia Wang in a comprehensive report on the solar industry in 2012 for GigaOM Pro. Read more »
The solar industry has begun 2012 with some trepidation, with many on the warpath to cut costs and reduce output. These moves give the market a chance to reduce inventories and get production more in sync with demand. But recovery will likely come slowly. Read more at GigaOM Pro »
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 »
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 shingles Read more »
While so many startups in the U.S. and Germany have been trying to build commercial-scale businesses off of making solar panels made of copper-indium-gallium-selenide (CIGS), really only one is making strides at any kind of scale: Japan’s Solar Frontier. Read more »
The turning of the new year didn’t make the solar industry any easier for solar manufacturers. Power electronics maker, Satcon Technology, announced Wednesday that it’s laying off 35 percent of its workers and shutting down its factory in Canada. Read more »
While 2011 was a busy year for the tech industry, don’t expect things to slow down in 2012. We’ve rounded up some of GigaOM’s biggest stories of the year with a bit of insight on what each will mean for 2012. Read more »
As we look toward the next year, the cleantech sector faces many challenges, which we examine in detail in this 2012 outlook. Renewable energy generators encounter an increasingly difficult subsidy environment, and key cleantech innovations like electric vehicles face an uphill climb in terms of connecting ... Read more at GigaOM Pro »
Let’s face it. For cleantech, at least in the U.S., this year was kindof a bummer. But that’s what New Year’s resolutions and wishes are for: turning a new page when the year starts over. Here’s what I want from cleantech in 2012. Read more »
Which stories dominated the green GigaOM clicks in 2011? This year was filled with smart thermostats, a dream of Apple getting into solar, the bankruptcy of Solyndra, the efficiency of cloud computing, Google’s green data centers and Tesla’s Model S. Read more »
Companies continue to bow out of the solar market in 2011. This week it’s BP Solar, which is shutting down, as well as Solar Mlillennium, which has filed for insolvency. Last week it was German solar panel company Solon, which also filed for insolvency. Read more »
Thin film solar startup SoloPower continues to fund-raise, amid a difficult market for next-gen solar manufacturers. According to a filing, SoloPower has just raised $20 million in debt and options that will help provide fuel for the company’s factory to mass-produce its solar panels. Read more »
“It’s year one for solar in India,” says Alan Rosling, the chairman and executive director of Kiran Energy, a solar developer startup based in Mumbai. Kiran Energy has 75 MW’s worth of solar contracts; that makes it the largest solar-specific player in India. Read more »
India wants a lot of solar energy, and it’s getting a lot of financial help from the U.S.. The Export-Import Bank has provided a $3.7 million loan to a project developer to build a 2 MW project in India using MiaSole’s thin films. Read more »
Suggesting that the failure of Solyndra represents the end of the U.S. solar industry is as preposterous as suggesting that the fall of Friendster means the end of social media, or that the Bear Stearns bankruptcy means that the finance industry in America is finished. Read more »
Global investments in clean energy and energy efficiency have officially passed the trillion-dollar mark, according to Bloomberg New Energy Finance. It’s like the recent 7-billion-person mark, but for energy geeks! Read more »
Do recent struggles dominating the news represent the beginning of the end for green technology? Nah, it looks like business as usual for Silicon Valley. Only one in ten start-ups ever make it, VCs like to say, and failure makes you stronger. Read more »
In a followup to my previous post on electric car maker Aptera shutting its doors, I’ve confirmed with the Department of Energy that it did NOT give Aptera a conditional commitment for a loan of $150 million. Read more »
A complaint accusing Chinese solar cell and module manufacturers of flooding the U.S. market with unfairly low-priced goods cleared a hurdle to move forward Friday with a 6-0 vote by the U.S. International Trade Commission. Read more »
As a result of the bankruptcies of Solyndra and Beacon Power, the Department of Energy’s Loan Guarantee Program is now under heavy scrutiny. But a new Bloomberg report digs into the numbers and finds the program is a lot more successful than it has seemed. Read more »
When people think about cleantech, they typically think about solar panels or converting biomass into fuel. But the momentum right now in cleantech is as much about connectivity and how it can drive energy efficiency as it is about advancing sources of renewable energy. Read more »
Concentrating solar photovoltaics use optics to concentrate sunlight onto solar cells to boost energy production. While the tech is still in an early stage, some startups are looking to ramp up, like Fremont, Calif.-based Solaria, which has raised another $30 million. Read more »
The momentum right now in cleantech is as much about connectivity and how it can drive energy efficiency as it is about advancing sources of renewable energy. And as the web and mobile connectivity change our consumer experiences, the opportunities to redefine cleantech are rich, and they are already happening. This research note examines the cleantech space in that context and analyzes the car-sharing, home-energy-management and smart-grid sectors and their relevant companies to see how connectivity will play into their future endeavors. Companies mentioned in this report include RelayRides, Opower, Silver Spring Networks and Nest. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Department of Energy Secretary Steven Chu testified before the House Energy Commerce Committee on Thursday morning and said there was no wrong doing involved with the loan guarantees given to now-bankrupt solar maker Solyndra. Read more »
Connectivity changes everything. That’s the credo driving just about every corner of our day-to-day lives. As human beings, we are now connected to one another through not just our social networks but also our cars, the books we read, the albums we download and even our own health and wellness habits (to name just a few areas). With that in mind, GigaOM Pro has singled out certain areas in the technology industry where we see this shift to constant connectivity taking place most drastically. Read more at GigaOM Pro »
A glut of solar panels and crushing prices have made life difficult for solar manufacturers this year, and bad news keeps coming. Longtime solar thin-film maker Energy Conversion Devices, which has factories in Michigan, Canada and Mexico, has suspended manufacturing and will furlough 400 workers. Read more »
Bankrupt solar panel maker Solyndra held a two-day auction for part of its assets last week in an attempt to recoup some of its losses, and reportedly drew thousands of people looking for both bargains and gear with Solyndra logos. Here’s 10 things that were bought. Read more »
Solar manufacturers have been on supercharged expansion mode over the past five years in order to cut costs and solar prices. But to continue that march at this point is just unwise. First Solar is now putting off bringing online a solar panel factory in Vietnam. Read more »
There’s been a similar sentiment from both companies that received loan guarantees from the Department of Energy and then declared bankruptcy: The terms of the loans were too onerous. Read more »
Flywheel maker Beacon Power declared bankruptcy on Sunday after winning a $43 million loan guarantee from the DOE in the summer of 2009. This is the second company to declare bankruptcy that had a loan guarantee from the DOE program, following solar maker Solyndra’s bankruptcy. Read more »
