Posts tagged “Cleantech”
Talk about a cool deal. Durham solid-state cooling technology startup Phononic is adding a whopping $40 million to its latest round of financing. The $71-million round is the biggest for a N.C. startup this year.
Electric car maker Tesla Motors has decided to stop offering unlimited free use of its 734 fast charging stations worldwide, just months before it's scheduled to start selling a mass-market electric car.
A Wilmington startup with what it calls "environmentally conscious desalination technology that turns wave energy into fresh, clean water" launches a fundraising campaign.
International power and tech giant ABB, which has a substantial presence in the Triangle, on Tuesday unveiled a massive reorganization. The reorg also means that the Swiss-based company will keep its Power Grids unit, which has 500 employees at NCSU's Centennial Campus. Here's a look at what ABB calls its four "entrepreneurial divisions."
SAS earns special recognition in the latest sustainability report from Business Roundtable, being recognized as a global leader. As part of that report, CEO and co-founder Jim Goodnight spells out why sustainability is important to the Cary-based global software firm.
The number of people employed in North Carolina's clean energy sector is up from 2015's 26,000 despite legislative setback. Preliminary 2016 numbers will be disclosed at the NC Sustainable Energy Association conference in Raleigh today and Tuesday. NCSEA updates what's happening in an exclusive interview with WRAL TechWire.
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.