Posts tagged “Cleantech”
Cree is rolling out a revamped lineup of new LED light bulbs - 25 in all. The new products generated some glowing headlines. The Durham firm also has secured a patent for a new LED light.
Cooperation and collaboration between government, academics, and private industry is the "Triple Helix" of successful cleantech projects, and the Research Triangle is "good at forging partnerships," an international expert told the annual meeting of the Research Triangle Cleantech Cluster on Wednesday. Nearly 11,000 jobs have been created and $1.3 billion invested in cleantech across the region since 2009. But RTCC chair notes: "We have a long way to go."
Cree's chairman, chief executive officer and president received a 11.6 percent increase in total compensation in the company's 2016 fiscal year due to an increase in stock awards and non-equity incentive plan compensation, according to a Securities and Exchange Commission filing.
RTP-based startup 510nano says its patent-pending photovoltaic technology could give a new burst of energy to solar power by increasing solar efficiency. The company is among the presenters at the upcoming CED Tech Venture conference.
The Obama Administration is inviting companies to bid for the right to build wind energy turbines off North Carolina's Outer Banks as the nation's first offshore wind farm prepares to go online. Plus: A construction site update from Deepwater Wind's project.
Sensus, a developer and provider of smart metering technology which has a major operation in the Triangle, is being sold by its private equity fund owners to New York-based Xylem in an all-cash deal valued at $1.7 billion.
Tesla said Monday it will buy solar panel maker SolarCity Corp. in an all-stock deal worth $2.6 billion. The deal must still be approved by the government and shareholders at both companies. It's expected to close in the fourth quarter if it goes through. Plus: Watch a video of an autonomous robot at work in Tesla's new battery factory.
After restarting this spring, Intersect, a startup in the American Tobacco Campus at Main in Durham, is about four months from launching its software to help fund managers invest in assets that are environmentally friendly and climate-wise, but also deliver high returns.
WasteZero, a trash-metering company based in Raleigh, has raised $1.5 million of a $2.8 million equity offering, according to a regulatory filing. The company chair says it could cut municipal trash in half.
Cree expects to spend the next six months after the sale of its Wolfspeed division to Infineon Technologies closes working through the transition. But by 2017 it will to be on the way to a Cree 3.0 focusing on its LED lighting business, and looking for M&A opportunities, Cree chair and CEO Chuck Swoboda says.
Cree is selling a building at the end of its Silicon Drive campus in Durham as part of its $850 million cash sale of its Wolfspeed Power and RF division to Infineon Technologies, the company disclosed at a press conference Thursday morning.
Cree is selling its power and radio frequency division to Infineon Technologies for $850 million in cash. Cree had intended to spin off the group known as Wolfspeed as a separate company. Most of Wolfspeed's 600 workers are expected to keep their jobs.
For solar energy to become a real power player in the energy game, solar cells need to be both inexpensive to manufacture and efficient in terms of energy they collect. That's why researchers are focusing their efforts on organic solar cells, which use non-fullerene polymers.
Browse free or die library project; Tesla-SolarCity hurdles; drones to rescue; China paid search demand
In today's Bulldog wrapup of technology news: Libraries fight for Internet freedom (see video); conflicts hinder Tesla-SolarCity deal; drones tested for rescue missions; China demands paid search information after man's death.