The Department of Energy this morning announced the tenth award for a clean energy project under the long delayed loan guaranteed program. Oregon-based U.S. Geothermal has won the latest award, on a conditional basis, for $102.2 million. Read more »
Solar tube maker, and Department of Energy-darling, Solyndra is showing off its largest installation in the U.S., on the rooftop of packaging company LPS Industries. The 704 kW system, which includes 3,800 Solyndra solar panels, is in Moonachie, New Jersey, and was installed in 4 weeks. Read more »
News coverage of Obama’s visit to Solyndra’s factory have been calling the DOE’s loan guarantee to Solyndra an example of how successful the Department of Energy’s clean power investment programs can be. But is it really? Read more »
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President Obama stopped by the factory of thin film solar startup Solyndra Wednesday morning in Fremont, Calif., to give a speech touting how investments from the stimulus package have been creating green jobs, and said he would fight to pass climate change legislation this year. Read more »
Expect this summer to be a busy one for Jonathan Silver, the former venture capitalist whom the Obama administration tapped to head up the Department of Energy’s highly competitive loan guarantee and green car loan program. Here’s our interview with Silver: Read more »
Doling out awards ASAP under the Department of Energy’s Loan Guarantee Program has been an ongoing theme for the agency under the Obama administration. One of the next steps to speed up the process will be bringing more of it online. Read more »
Clean technology investment has kept up its recession-beating pace so far this year. Will the front-running startups in the field find an exit? The cleantech sector shows continuing momentum — and that’s just what longtime VC investors need. Read more »
Solar firms like eSolar rely on computing to accurately set up and position mirrors in the deserts. But thin film solar maker Applied Quantum Technology (AQT) is looking to computers for an entirely different purpose: to adapt hard drive production machines to produce solar cells. Read more »
Where’s the innovation in solar these days? Here’s three young and stealthy solar startups that have been turning heads this week. Read more »
The end of the week is here so time to share the past week at Mobile Tech Manor with you, my friends. It was a typical week full of gadgets, software and good e-books. I used a different notebook each day and it went well. Read more »
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Solyndra’s revenue ramp up last year was pretty mind boggling — the thin film solar maker went from generating $6 million in revenues in 2008 to $100 million in revenues in 2009. What will that mean when it finally plans to IPO later this year? According […] Read more »
Solyndra, the thin film solar startup that filed for an IPO back in December has updated its latest financial figures for the fiscal year that ended January 2, 2010 in an amended S-1 filing on Tuesday. According to the document Solyndra brought in revenues of $100.47 […] Read more »
As the stimulus and the recession both leave marks on the cleantech industry, cleantech investors, along with entrepreneurs, are adjusting to a new landscape. And CMEA Capital is one venture capital firm that seems to be navigating it successfully, so far. The company backed A123Systems, the […] Read more »
The rumors of an impending IPO for smart grid networking darling Silver Spring Networks are now…more detailed rumors. The latest comes from Dow Jones Clean Technology Insight, which reported Friday that Silver Spring has picked a banker for an IPO scheduled for mid-2010, and is aiming […] Read more »
Austin is still betting on hardware statups even as venture firms stop funding them. In a video interview with Bart Bohn, a director at the Austin Technology Incubator, we talk about where hardware startups can find funding, and which ones to watch in Austin. Read more »
How to Beat China on Clean Energy: IHS CERA Chairman Daniel Yergin says China’s advantages over the U.S. on green energy have been overplayed. “They’re going to have the same advantage they have on everything else. And that is that low-cost manufacturing. To compete with the […] Read more »
That mystical unicorn we knew as the Apple tablet is here. But will you be purchasing an Apple iPad? After reviewing all of the specifications and pricing, I’m personally not sure it’s right for me at this point. In fact, I’m thinking this is more of […] Read more »
What a year. Coasting on the momentum that propelled cleantech to the forefront of venture capital investment in Q3, the fourth quarter capped off a year that, when all was said and done, saw a total of $4.85 billion invested in the sector. However, as the […] Read more »
One more look back at 2009 — the $371 million IPO of lithium battery maker A123Systems back in late September, was the largest of last year, according to a report from Dow Jones VentureSource. Investors definitely had confidence in the company on September 24, 2009, and […] Read more »
Several events in the solar industry in recent weeks have made clear just how valuable executives with semiconductor chops are to the solar biz, as they can bring decades of knowledge of low-cost chip manufacturing, as well as experience working with suppliers of silicon itself. Read more »
Will 2010 be the year for greentech IPOs? When lithium ion battery maker A123Systems successfully debuted on the Nasdaq back in September, there was much speculation that the move would ready the market for a following of greentech IPOs. The notion seemed over-enthusiastic then, but three […] Read more »
One of the most interesting parts about a startup registering for an IPO is that the company has to file an S-1 form, which is made publicly available on the Securities and Exchange Commission’s web site. If the startup is particularly stealthy, then an S-1 can […] Read more »
Whoa! The next big cleantech IPO following A123System’s recent public offering, has just been announced. Thin film solar company Solyndra has filed a registration statement for an IPO that could raise up to $300 million. According to the SEC filing, the company generated revenues of $58.8 million […] Read more »
Solyndra, the well-funded maker of tube-shaped solar panels based in Fremont, Calif., has just scored a deal with Milan, Italy-based solar integrator Sun System. Under an agreement that Solyndra says could be worth up to $105 million over several years, Sun System will use the 4-year-old […] Read more »
The idea of modeling government funds after venture capital has swirled, in various forms, around the Obama administration since back in the campaign days. Now comes the latest twist: The Obama administration has named a former VC, Jonathan Silver, to head up the Department of Energy’s […] Read more »
A growing number of early-stage deals and general optimism in the technology industry helped push venture capital investments up 14 percent in the third quarter of this year, to $6.1 billion from $5.3 billion in the prior quarter, according to a report released today from ChubbyBrain, […] Read more »
At the ground-breaking of solar startup Solyndra’s second factory this morning, the company, which makes tube-shaped thin-film solar panels, detailed just how much more private equity it’s raised in order to secure the first Department of Energy loan guarantee: $198 million. On top of the more […] Read more »
UPDATED Solar startup Solyndra, which makes tube-shaped thin-film solar panels, already managed to break new ground this year — snagging the first loan guarantee under a long-delayed Department of Energy program. This morning, however, the groundbreaking is literal. Just up the freeway from its headquarters in […] Read more »
Update: As we predicted Solyndra is building a factory in Fremont and using the now-finalized loan guarantee to fund the factory. Check out our live coverage of the event. Solar startup Solyndra, which makes tube-shaped thin-film solar panels, is getting a lot of love from the […] Read more »
We knew we were in for a battle royale between Palm and Apple over the iTunes syncing built into the Pre. First Palm figured out a way to build iTunes syncing right into the Pre, by making iTunes think it was an iPod. Then Apple warned […] Read more »
Solyndra Snags $238M Umwelt Deal: Solyndra, which makes cylindrical, thin film photovoltaic systems, has won a supply deal with Germany-based solar integrator Umwelt-Sonne-Energie GmbH worth up to $238 million through 2013. — Press Release Tesla Overseas: Tesla CEO Elon Musk says the right-hand-drive electric Roadster will […] Read more »
We can tell you this much about car-sharing company Zipcar’s plans for the next year: It expects to “cross over into profitability.” That’s what Zipcar spokesperson Nancy Scott Lyon told us in late April, shortly after the company launched its fleet management service, and it would […] Read more »
T-Mobile confirmed today that its network was indeed hacked, but said it doesn’t believes any of its customer data is at risk and the penetration is not nearly as deep as the purported hackers alleged. The anonymous group claimed to have databases, confidential and financial documents, […] Read more »
Initial public offerings as of late have been about as common as celebratory banquets for Wall Street bankers. Last week, however, after some nine months of an IPO drought, two venture-backed startups, software maker SolarWinds and online restaurant reservation system OpenTable, broke the mold and went […] Read more »
The contracts keep coming for Solyndra, the Fremont, Calif.-based manufacturer of thin-film solar tubes. The startup announced today that it has signed a $115 million deal to sell panels to EBITSCHenergietechnik, a solar integrator in Zapfendorf, Germany, through 2013. (No, that’s not a typo. Try saying […] Read more »
Kara Swisher reported earlier today that Tellme founder Mike McCue is leaving Microsoft at the end of June 2009. His Tellme co-founder, Angus Davis, is leaving the company as well. He sent out an email to his friends and family, shortly after announcing the news to […] Read more »
Tube-shaped thin-film solar maker Solyndra‘s been streaming a series of good news lately, including a much-coveted Department of Energy loan guarantee, a customer installation and various partnerships and sales contracts. The company on Thursday added to that list a $189 million deal to sell an undisclosed […] Read more »
OK, fans of e-books. How many times have you wanted to purchase a digital title but weren’t sure you were getting the best deal? Obviously, the content format plays a part in your decision making process, but the price might have something to do with it […] Read more »
President Obama last week visited an electric vehicle R&D lab in California where he called on battery developers to step up and innovate. Today, back at the White House, the President once again reached out to cleantech entrepreneurs, this time at an event dubbed “Investing In […] Read more »
Department of Energy chief Steven Chu wasn’t kidding about accelerating the agency’s loan guarantee program. The DOE today offered Fremont, Calif.-based thin-film solar startup Solyndra a $535 million loan guarantee to help finance a new manufacturing plant for cylindrical solar panels in California. This is the […] Read more »
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