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Posts tagged “Cleantech”

Updated 10:47 a.m. Monday

Cree to spin off power, radio frequency business, hires Frank Plastina to lead it

Cree plans to split into two companies, disclosing plans Monday to spin off its profitable power and radio frequency chip business. It already has hired an executive to serve as CEO - Triangle tech veteran Frank Plastina. The move will help current Cree management to focus on its LED business while at the same time generating capital for the power and RF subsidiary, the company says. Wall Street immediately sent Cree shares up 4 percent.

Frank Plastina  Frank Plastina

10:45 a.m. Monday

Premium Lock Cree is spinning off a very profitable if small venture in IPO

Cree's Chuck Swoboda Cree could very well cash in on the proposed spin-off of its Power and RF (radio frequency) businesses. While the group makes up only 6 percent of Cree's annual revenues, its products have a high gross profit margin. And Cree's top exec recently predicted continued growth while LEDs face challenges.

Updated May 14

2015 State of the Research Triangle Region event focuses on building a 'smart' region

Research Triangle Regional Partnership The annual "State of the Research Triangle Region" event is coming up on May 21 with a theme of building a "smart" region. What's that mean? WRAL TechWire asked Research Triangle Regional Partnership CEO Charles Hayes to explain.

Updated May 7

NC House OKs freeze on renewables, cuts future solar farm price supports

Solar Cells The state House voted Wednesday to freeze the state's renewable energy standard and remove price supports for future solar farms.

May 5

Vivek Wadhwa: Tesla's Powerwall is the latest step toward our clean-energy future

Tesla Battery Power For Homes Opinion: What has been holding solar back so far has ostensibly been the cost of storage, says former Triangle tech entrepreneur-turned-academic Vivek Wadhwa. Technologies such as batteries were prohibitively expensive, large and cumbersome. Residential solar installations needed to feed into the electric grid during the day and to buy back energy during the night. This is a problem that Tesla has just fixed, though, with its Powerwall, a rechargeable lithium-ion battery.

April 28

Having reinvented the light bulb, Cree now takes aim at the office

Cree markets the idea that its LEDs have reinvented the light bulb. Now, the Durham-based tech firm says it is setting new standards for office lighting with "WaveMax" LEDS and fixtures.

Cree's newest lighting solution targets offices Cree's newest lighting solution targets offices

April 23

Proposed rollback on NC renewable energy requirements again rejected

N.C. flag    ​For the second time in two years, a House committee has turned out the lights on an effort to scale back North Carolina's requirements that utilities use renewable sources to generate a specific portion of the power they provide.

Updated April 22

Premium Lock CEO: Marketing puts some sizzle in the Cree brand

Cree's Connected LED bulb  If you were struck by the image of bologna frying on a conventional light bulb but not sizzling when draped over a Cree LED bulb, you weren't alone. After two years of major investing in marketing, Cree's top executive says his company's brand is becoming well known.

Updated April 20

Premium Lock Holocene, Conergy close financing on five NC solar projects

Solar energy     Raleigh-based Holocene Clean Energy and Hamburg, Germany-based Conergy have closed financing on the purchase of five NC Solar projects that will total 28 megawatts valued at $60 million.

Updated April 16

Premium Lock Durham sustainable energy firm lands Silicon Valley investor, changes name

Sustainable Industrial Solutions in Durham not only has a new name (ndustrial.io) but also a new investor from Silicon Valley (Bay Grove Capital). So how did the Durham firm that's helping spread the Internet of Things to industry land an investor from the Valley? And are they hiring? You bet.

March 27

Premium Lock NC Regional Internet of Things bringing industry, startups together

ExitEvent The Triangle-based Regional Internet of Things, or RIoT, teamed up with the Triangle Cleantech Cluster for an event on IoT trends and opportunities this week. The program demonstrates a growing convergence between industry, corporations and startups, says ExitEvent Editor Laura Baverman.

March 26

Premium Lock Cleantech-Internet of Things convergence driving innovation in Triangle

Cleantech At a networking event put on by the Research Triangle Cleantech Cluster on Tuesday, several companies discuss how their "Internet of Things" related technology provides a boost to cleantech. Meanwhile, three Wake Tech students win a contest where they demonstrate how to use big data.

March 6

Premium Lock Duke students look to improve on 2nd-place finish at eco-car competition

Last year, in the Shell Eco-Marathon competition in Houston, a team from Duke University took second place. This year, they hope to better their showing in the global competition where students design, build and test energy-efficient vehicles.

March 5

Premium Lock PowerSecure CEO: 'We're working our butts off'

PowerSecure Sidney Hinton, one of the most outspoken CEOs in the Triangle, is in rare form Wednesday as PowerSecure reports its latest financials and looks to the future. "We're in great shape on 2015 and we're working our butts off to make sure that we build a great 2016, then a great 2017 and beyond."

Updated February 23

Premium Lock Charlotte-based Polypore being sold in 2 deals worth $3.2B

Polypore Polypore, a provider of energy storage as well as filtration and separation services, is being sold in deals worth a combined $3.2 billion. 3M is buying Polypore's separation business; once that deal closes Asahi Kasei will acquire the energy storage group.

Tags: Cleantech
Updated February 19

Premium Lock Duke Energy looking for more solar energy capacity in NC

New Duke Energy logo Duke Energy, which already provides some 600 megawatts of power through solar in North Carolina, is in the market for another 50 megawatts this year.

Updated February 17

Premium Lock Startup led by UNC grad bringing solar services to consumers' rooftops

Solar energy     Sungevity, a California startup co-founded by a UNC-CH graduate, is launching solar services for residential homeowners in partnership with Lowe's. The company is offering solar equipment and related services, including proprietary estimate technology.

February 17

Premium Lock Coming with the wind: Leases for turbines off Carolinas could come in 2016

Wind power  The first leases allowing wind turbines offshore of the Carolinas are expected to be let next year although some still worry the massive turbines could harm tourism upon which coastal communities depend.

February 12

Premium Lock US Trade Commission launches investigation into Cree patent complaints

Cree's new 100-watt equivalent LED bulb Cree's complaint that a competitor and its supplier have violated eight of its patents and engaged in unfair trade has won the attention of the U.S. International Trade Commission. The ITC has launched a formal investigation.

Updated February 11

Premium Lock Why robotics should impact NC job recruitment

Talk is fast and furious that North Carolina is in the running for a major auto production plant. But a new study on the rise of robotics in manufacturing should be a part of the discussion. Is the plant worth the cost?

Growing reach of robotics Growing reach of robotics

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The Skinny: A Blog by Rick Smith