Posts tagged “Green Energy”
Cree's stock plunged 10 percent Thursday to the lowest level in recent months after news late Wednesday that it was restructuring its LED business. A host of analyst firms cut their share target price but at least didn't downgrade the stock. However, a look at headlines and reporting shows that Cree's future is a bit dimmer in the media's eyes.
Google goes renewable for data center; anti-Uber strike; Monansto still wants Syngenta; new Verizon video service?
In today's Bulldog wrapup of technology news: Google's new data center to be powered by renewable energy; taxi drivers go on strike in France over Uber; Monsanto won't give up on buying Syngenta; and Verizon hints at new video service.
Cree and RTI International will embark on new Department of Energy research projects into solid-state lighting after landing grants of $1.5 million and $450,000 respectively. But each organization is also contributing to project costs.
Google defends self-driving cars; Sensus Smart Gateway; Showtime streaming; Yahoo to stream NFL game; electric trucks?
In today's Bulldog wrapup of technology news: Google defends its driverless cars experiment; Sensus unveils a "Smart Gateway" for utilities; Showtime joins the streaming trend; Yahoo wins rights to stream an NFL game; and Tesla co-founder wants to electrify trucks.
Apple, Facebook, and Google, which all own data centers that consume considerable quantities of energy in North Carolina, have asked state legislators not to freeze the state's renewable energy standard.
In today's Bulldog wrapup of technology news, reports say Twitter is in talks to acquire Flipboard; Novozymes to start operations of new $11M waste-to-energy system; Charlotte holding extended Google I/O event.
If you're considering adopting solar technology for your home or business, the North Carolina Clean Energy Center at North Carolina State University has teamed with EnergySage to help you make informed decisions.
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.
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.
Hospira layoffs start in July; PowerSecure shares surge; mobile search now No. 1; drones can spray crops; Netflix vs. AT&T deal
In today's Bulldog wrapup of technology and life science news: Layoffs at Hospira's plant in Clayton will begin in July; PowerSecure shares surge after earnings report; mobile search tops PC search for first time; drones can now spray crops; and Netfix says the FCC should oppose the AT&T-DirecTV deal.
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.
Analysis: Elon Musk, CEO of Tesla Motors, unveiled the company's newest product, Powerwall, on Thursday night at a gala kickoff event. But the big batteries for homes carry risks for the company, says Monica Giulietti, of London's Warwick Business School.
Moody's upgrades Quintiles; Tesla's home battery; Apple App Analytics; LinkedIn tumbles; Windows 10 open for Apple, Android apps
In today's Bulldog wrapup of technology and life science related news: The financial service Moody's upgrades Quintiles after Q moves to refinance debt; Tesla's new home battery product is unveiled; Apple is testing App Analytics; LinkedIn shares tumble; and Microsoft opens up new Windows to Apple, Android apps.
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.
GSK malaria vaccine nearer OK; Aerie not giving up on glaucoma treatment; Duke Energy's Greentech award; Novartis soars; CDC's new tech tracks listeria
In the latest wrapup of technology and life science news: GSK's malaria vaccine is closer to approval after clinical trial; Aerie Pharmaceuticals not giving up on glaucoma treatment; Duke Energy wins a Greentech award; Novartis soars in wake of GSK, Eli Lilly deals; CDC uses new tech to track listeria illnesses.
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.