Posts tagged “Cleantech”
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.
Cree's new prices are planned for this spring as part of the company's effort to drive even more sales of its LED bulb, launched last year at the retail price of $10. The news comes after Cree reports record revenues driving in part by surging LED bulb sales.
Amazon TV service? Intel sells TV unit; Railinc's new chair; Epic Games hiring; Clinverse deal; EV charge station shortage
In our Bulldog blog's latest life sciences and technology update: Amazon eyes TV service; Intel sells its TV group to Verizon; Railinc gets new board members; Epic Games hires for 'Fortnite'; Clinverse partnership; EV charge station shortage.
LED lighting technology company Cree reported $415.1 million in revenue for the company's fiscal 2014 second quarter, a 20 percent increase compared to a year ago and enough to beat Wall Street estimates.
State of VC - A special report: 2013 was a big year for IPOs, and venture capitalists are expecting the trend to continue. in 2014. What's driving IPO surge? What are the "hot" areas? Will biotech have another strong year? WRALTechWire Insiders. can access the details.
President Obama's announcement to invest $70 million in federal dollars in research through a consortium of universities and private sector firms led by NCSU delivered a jolt of good news to the Triangle's fast-growing cleantech industry. RTP has become a hub for greener energy research, and the head of the Research Triangle Cleanteach Cluster says the "Next Generation Power Electronics Innovation Institute" could bring more jobs as well as investment to the region.
Vaulted into the media spotlight Wednesday when President Obama came for a visit, Vacon talks about its presence in RTP. The company which makes energy-saving drives that control the speed of electrical motors, expects to expand its R&D operations in the Park.