Posts tagged “Cleantech”
Cree Chairman and CEO Chuck Swoboda drops hints in a conference call with Wall Street analysts that the global LED manufacturer and developer is looking for deals. Nothing is imminent, he says, but "we're starting to look" at possible deals "more seriously."
With its four big data centers, including one in western North Carolina, utilizing renewable energy, tech giant Apple says its retail stores will go that route for power needs. The company on Monday also announced a free recycling program.
Clean energy investments have attracted billions of dollars and created thousands of jobs in recent years throughout North Carolina, according to a new study released on Monday.
Sensus, one of the world's largest smart meter manufacturers, is acquiring smart grid data analytics startup Verdeeco, which is based in Atlanta.
Revenues have soared 67 percent at Wake Forest-based PowerSecure over the past year, and its order backlog is at a record $248 million. An emerging revenue driver is data center power services, which could have a "transformative" impact on the firm. And CEO Sidney Hinton says "the very best" people are driving sales. So what's he looking?
Opinion: Yes, I know I am biased and seem like a Tesla "fanboy." This is because I see the future of the automotive industry and a way to reduce our dependence on environment-destroying fossil fuels. Tesla has now proven the viability and superiority of electric vehicles. Along the way, it has had to battle skeptics, short-sellers, and even the press.
MIT Technology Review is out with it's 50 Smartest Companies list and Cree is the only LED lighting company on it. Read what got Cree on the list and see which other North Carolina entities also made the cut.
North Carolina solar industry jobs grew 121 percent in 2013, boosting the state into the top 10 among states. Read more about which solar jobs are in demand.
Duke Energy (NYSE:DUK) wants to double its solar footprint in the Carolinas and the utility is now seeking bidders to install new energy capacity to do it. The utility issued a request for proposals for 300 megawatts of new solar energy capacity that would be in service by the end of 2015. Read about the RFPs.
LED lighting company Cree has launched a new self-programming wireless lighting control system that the company says can reduce energy consumption by more than 70 percent - and at half the cost of traditional lighting controls.
FLS Energy, which provides a variety of services for building solar power farms, is bringing in $18 million of capital from four investors and has commitments for another $12 million, the firm's CEO says.
North Carolina will focus its business recruiting efforts on 38 industries, including 10 specific clusters, as part of a new economic development plan that a group of business, political and education leaders officially turned into Gov. Pat McCrory Friday.
North Carolina's clean energy industry by the numbers: at least 570 companies employing more than 18,000 workers and generating revenue in 2013 topping $3.5 billion. Learn which sectors generate the most revenue and employ the most people.
Epic Games owed $9.2M; GSK diabetes drug update; Cree LED ups efficiency; ACC Clean Energy Challenge; Netflix stock record; eBay earnings
In our Bulldog blog's technology and life science update: Epic Games wins another $4.5 million in a law suit; GSK diabetes drug advances in EU; Cree breaks efficiency benchmark; ACC Clean Energy Challenge takes entries; Netflix soars to record; eBay earnings increase.
The largest U.S. electric company wants to pay North Carolina shops and homeowners less for solar power they generate by changing a pricing rule that was designed to spur production of the power, a Duke Energy vice president says. Environmentalists and solar related businesses see fallout from decision.
Inside Cree's earnings: CEO touts Durham plant, says consumers are voting on bulb politics with their wallets
Cree Chairman and CEO Chuck Swoboda reported plenty of good news on Tuesday. New LED light bulb sales contributed to a record $415.1 million in revenue in the quarter, a 20 percent increase compared to a year ago. And in a conference call with analysts Swoboda touted Cree's manufacturing plant in Durham as being a key reason the company can help drive down future LED bulb costs. He also stays out of a political dispute about LED vs. traditional bulbs. "Consumers are already speaking," he says.