Posts tagged “Cleantech”
Cree on Thursday morning unveiled its latest advance in LED technology, saying it will "reduce system costs" for most lighting applications by 40 percent. The news comes after an earnings report this week led to a hammering of Creek stock with LEDs the big culprit.
Shares in LED manufacturer Cree plunged 10 percent to a 52-week low under $30 after its quarterly earnings report Tuesday. Not even news that Cree plans to introduce a new LED bulb dissuaded investors from dumping shares.
A new report from the Pew Charitable Trusts says North Carolina "has emerged as a clean energy leader" in the southeast. The state ranks third in new renewable energy capacity, third in private investments and eighth in energy- and environment-related jobs, according to Pew, which is issuing the report Thursday at N.C. State. Driving the growth is the state's solar industry.
In the 1980s, leading consultants were skeptical about cellular phones. McKinsey & Company noted that the handsets were heavy, batteries didn't last long, coverage was patchy, and the cost per minute was exorbitant. It predicted that in 20 years the total market size would be about 900,000 units, and advised AT&T to pull out. McKinsey was wrong, of course. There were more than 100 million cellular phones in use 2000; there are billions now. Costs have fallen so far that even the poor -- all over world -- can afford a cellular phone. The experts are saying the same about solar energy now. They are wrong.
A proposal to export twice as much Wyoming wind power to Los Angeles as the amount of electricity generated by the Hoover Dam includes an engineering feat even more massive than that famous structure: Four chambers, each approaching the size of the Empire State Building, would be carved from an underground salt deposit to hold huge volumes of compressed air.
WRAL.com's marketing team win the 'Best Bang for the Buck: Special Event' award from the Raleigh Public Relations Society for WRAL TechWire's "Full Steam Ahead Awards" event last fall.
Duke-American Transmission Co. plans to play a key role in building power lines that would be part of an $8 billion project to bring electricity from a wind farm to an underground storage facility. The power would be used for over 1 million households in California.
North Carolina's solar and renewable power industry is getting a big boost from the federal government. Agriculture Secretary Tom Vilsack discloses support for 39 projects in the state worth more than $55 million during a visit to Bunn today. Meanwhile, President Obama in Washington is unveiling plans to train 50,000 vets for solar jobs.
Duke Energy says it will invest $500 million in multiple projects to expand its solar power capacity in North Carolina. One solar farm in Duplin County will be the largest east of the Mississippi. The state's sustainable energy business association sees the deal as a big boost to N.C.'s solar industry.
Cree reported record income for its last fiscal year on Tuesday and forecast future revenue that didn't quite match analysts' expectations. The news sent Cree shares down in after-hours trading. But in a conference call with analysts, Chief Financial Officer Mike McDevitt dropped a hint that Cree is eyeing another market for growth. So what's Cree thinking?
At $75 million, the 2,000-acre wetlands system in Texas cost far less to build than traditional filtering infrastructure and has piqued the interest of planners from places as far afield as Mexico City and Baghdad
Causam Energy and Power Analytics Corporation, which both have offices in Raleigh, are combining in a deal disclosed Tuesday. The two firms focused on software and solutions for the utilities industry.
The Research Triangle Cleantech Cluster has approved a new two-year strategic plan to accelerate the region's cleantech economy and formed a 22-member advisory council to advise and implement it.
Under a three-year award from the U.S. Department of Energy, researchers at RTI International are looking at the cost-competitive production of hydrocarbon transportation fuels for less than $3 per gallon.
The Energy Frontier Research Center for Solar Fuels at UNC has been received a $10.8 million federal grant for research on turning solar energy technologies into devices that can efficiently produce fuels.