Posts tagged “Cleantech”
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.
Researchers at UNC-Chapel Hill say they have found a way to turn solar power into a 24-hour-a-day power source by using the sun's energy to separate water molecules and create hydrogen fuel. In making the breakthrough, they received a powerful boost from scientists at N.C. State.
Google was an early investor in Nest Labs, whose thermostat is designed to learn how inhabitants like their homes to be heated and cooled.
As part of WRALTechWire's new Insider interview series, we will be asking entrepreneurs a series of questions designed to help our readers learn more about the person we are profiling as well as their thoughts about entrepreneurship.
WRALTechWire publishes today the third in a new series: Exclusive in-depth interviews with Triangle entrepreneurs, each of which will include multiple parts. Our third package focuses on Rob Cotter, the former automotive industry executive who is setting out to reshape the transportation industry at Durham-based Organic Transit. WRALTechWire Insider columnist and entrepreneur Joe Procopio will be having candid conversations over a beer with our profile subjects throughout 2014. Also included with each package will be a Q&A that goes beyond standard business and video interviews with WRALTechWire Editor Rick Smith. The Q&A and first video interview are also online exclusively for WRALTecdhWire subscribers.
A new report from SolarBuzz, which tracks the global solar power industry, says North Carolina is No. 2 in a fast-growing U.S. market. The state climbed three spots in 2013, driven by what the report calls "strong utility-scale activity."
Anuva Services, a five-year-old firm focused on manufacturing, logistics and after-market services, is moving into the LED business. The privately held firm disclosed Tuesday it has acquired a manufacturing facility in Morrisville, has retained 22 workers and plans to hire more.
The ups-and-downs of wind power triggered by the shifts in speed pose a threat to generators in power grids, but an NCSU researcher and a colleague at Johns Hopkins say they have devised a mean to smooth out demands of equipment.
Semprius makes what it says are the most highest efficiency mass-produced solar modules. To boost its efforts the Durham-based firm is raising more capital in a mix of debt, options and warrants.
Itron, an international energy technology firm, that operates in more than 100 countries and has an office in Raleigh, has plans to grow its Triangle presence and affirms that commitment by joining the board of the Research Triangle Cleantech Cluster.