Posts tagged “Green Energy”

Updated April 26

Premium Lock In his own words: Cree's top exec spells out revised strategy

After deciding not to sell its Wolfspeed power business for $850 million when regulators wouldn't approve a deal, Cree Chair and CEO Chuck Swoboda on Tuesday spelled out further revisions of the LED and semiconductor firm's strategy for growth. He announced a joint LED venture with a Chinese firm and pointed out plans to increase capacity for Wolfspeed products. In his own words, he spells out his thinking.

Cree's Chuck Swoboda    Cree's Chuck Swoboda

Updated April 25

Premium Lock IBM, ABB bring Watson to factory, utility IoT (+ video)

IBM and ABB, two companies with a major presence in the Research Triangle, are partnering to bring IBM Watson cognitive computing solutions for Internet of Things usage on factory floors, across utilities, smart grids and more.

Updated April 19

Premium Lock Smart grid firm moving HQ to Cary from Silicon Valley, bringing 130 jobs

A smart grid software and communications company plans to move its headquarters from Silicon Valley to Cary, bringing 130 jobs to the Triangle, officials said Tuesday.

Updated April 13

Premium Lock Duke Energy upgrade project to create 14K jobs a year

DUKE ENERGY LOGO Duke Energy has launched its Power/Forward Carolinas project -- a $13 billion, 10-year program to modernize the state's electric system. It says the initiative will result in nearly 14,000 new jobs a year and more than $1 billion in tax benefits to communities.

April 11

Premium Lock Fundings: Coastal solar tech firm eyes $2.5M; SmartSky makes $109M raise official

Venture Capital     Wrightsville Beach-based Koolbridge Solar is looking to raise more funding, and Charlotte-based SmartSky Networks has made official its latest fund-raiser.

April 5

Premium Lock The quest for a safer battery: Solid-state electrolytes?

Searching for safer batteries 2016 was the year of Li-ion batteries' silver jubilee, a coming of age that has not been hassle-free, as Samsung's Firegate showed us. This year might mark the first significant switch to new materials in the electrolyte compartment, with both large and small companies trying to bring inorganic and polymer electrolytes to commercial fruition.

March 17

Premium Lock Feds award first lease for NC offshore windfarm

Avangrid Renewables, which already operates the first commercial windfarm in eastern North Carolina for Amazon, lands a lease for 122,000 acres off Kitty Hawk.

How wind towers would look at 12 miles off shore How wind towers would look at 12 miles off shore

Updated March 6

Premium Lock Product Recovery Technology International in Franklinton seeks to raise $2.3 million

Product Recovery Technology International Inc., which breaks down used rubber products, is seeking to raise another $2.3 million in a private equity offering.

PRTI's facility in Franklinton PRTI's facility in Franklinton

Updated March 6

Premium Lock Energy storage firm adding 200+ jobs in $251M Concord expansion (+ video)

‚ÄčAlevo Group S.A., a Swiss-based energy storage company, will add more than 200 jobs to its manufacturing facility in Cabarrus County as part of a $251 million expansion. Plus: Watch a video about the company's technology.

Updated February 23

Premium Lock S-t-r-e-t-c-h-a-b-l-e electronics: From labs to reality

Watch out for stretchable electronic components to become an emerging factor in device development across multiple industries over the next several years, says a new report.

Emerging "stretchable" electronics Emerging "stretchable" electronics

Updated February 13

Premium Lock Atom Power lands Siemens investment

Charlotte-based Atom Power, a company focused on solid-state power distribution technology,has secured an equity investment from Siemens, which has a major presence in Charlotte. The amount of the investment was not disclosed.

February 13

Premium Lock NC Solar company heats up with equity

Solar power A North Carolina-based solar company has raised $875K in private equity, according to a filing with the Securities and Exchange Commission. Its product is based on the ideas of the creator the Bluetooth technology.

January 31

Premium Lock As fiber expansion continues AT&T gears up for ultra-fast AirGig trials

Project AirGig - utilizing patented technology to transmit data at fiber-like speeds over power lines - is coming closer to reality at AT&T with "at least" two trials coming this fall. Meanwhile, the communications will continue expanding its fiber network in the Triangle and elsewhere while also testing next-generation wireless broadband (5G).

January 27

Premium Lock Study: Corporate sustainability reporting misses the mark

Green energy A new study finds that corporate sustainability reporting often focuses on issues that are unimportant to stakeholders, and offers specific suggestions to improve the content of future corporate sustainability reporting efforts.

Updated January 25

Premium Lock Cree stock surges after Street beat; Wolfspeed spinoff nears

Cree logo   Cree beats Wall Street expectations on revenues and earnings, sending its stock up nearly 6 percent in after-hours trading Tuesday. Meanwhile, the Durham LED giant also says it's moving closer to selling off its Wolfspeed power technology business.

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