Posts tagged “Green Energy”
Despite the expiration of North Carolina's renewable energy tax credit last year, the clean energy industry in the state experienced tremendous growth, with double-digit gains over 2014 in both jobs and revenue.
Unlike many shares, stock in Cree has shown an improvement so far in 2016. Cree shares are up nearly 4 percent, a better-than-expected earnings report earlier this week contributing to the surge. In talking about the earnings and Cree's commitment to new lighting technology, Cree Chair and CEO Chuck Swoboda gave what has proved to be a successful pep talk to investors.
The Hamner Institutes for Health Sciences, which sold its RTP property to Alexandria Real Estate Equities for $20 million, has shut down. A Durham firm has purchased some of its assets and hired personnel that were part of the Institute for Chemical Safety Sciences.
Two former U.S. Marines and Iraqi war veterans have unraveled the Gordian knot for venture capital fund raising in North Carolina. A task that many firms find impossible or exceedingly difficult has proved to be wonderfully successful since launching in 2013. It's just raised a seventh fund.
Padmasree Warrior, the former chief technology leader at Cisco who lost out to Chuck Robbins in the battle to replace John Chambers as CEO, is now taking on Tesla. Warrior is taking over as the CEO of U.S. operations for Chinese electric vehicle startup NextEV.
Analysis: Peder Holk Nielsen, chief executive officer of Novozymes, which maintains a huge operation in Franklinton, N.C. and produces enzymes used in the creation of biofuels, says the international climate change deal struck in Paris "sends a very strong signal" that low-carbon technologies will advance. He sees a "low-carbon future."
GSK's $440M antibody deal; INC shareholders sell; Bioventus, PowerSecure make buys; Dara BioSciences merger advances
In today's wrapup of technology and life science news: GSK strikes investment deal for antibodies; INC's big shareholders sell; Bioventus and PowerSecure make acquisitions; and Dara Biosciences moves ahead with merger.
Just two weeks after disclosing plans to purchase more renewable power from Duke Energy in North Carolina, technology giant Google on Thursday said it has signed six contracts with power providers that will nearly double its green power efforts to run data centers.
Semprius Inc., a Durham-based solar-module manufacturer, raised $995,238 of a $2 million debt offering, according to a regulatory filing. The company's technology lets it create the world's smallest solar cells to deliver a uniquely high concentration of the cells, which are about the size of a pencil point, to achieve cost and performance advantages.
Innovative Solar Systems, (ISS) one of the biggest developers of solar farms in the U.S., with three of the largest under construction in eastern North Carolina, is in talks with many U.S. investment groups, energy funds, capital partners, and foreign entities about a possible merger.
NC IDEA has selected 22 semi-finalists from across the state in its 20th grant cycle to-date. These semi-finalists were chosen from the 130 applications received from NC-based startups focused on software, IP-based technologies, consumer products and medical device and diagnostics.
MMA Energy Capital has closed a $55 million financing facility with Coenergy through its joint venture with Fundamental Advisors to be used for the construction of its 36 megawatt North Carolina solar portfolio.
As North Carolina cuts back on supporting solar energy in its latest budget, the state becomes the fourth to pass 1 gigawatt of power generated by solar energy, according to a report from the North Carolina Sustainable Energy Association.
The 429-page North Carolina budget compromise bill, scheduled for an NC Senate vote at 2 p.m. today (9/15), reduces personal income tax rates, fails to renew the 35 percent renewable energy tax break, and continues funding the NC Biotechnology Center. The NC Senate tentatively approved the deal yesterday.
2015 might be a blockbuster year for investments in North Carolina startups. At least it will be if the second two quarters follow trends set during the first half of 2015, when nearly $427 million was invested in North Carolina companies through 90 deals, according to Council for Entrepreneurial Development's (CED) just-released Innovators Report. The report was released today to kick off the CED's annual Tech Venture Conference in Raleigh.
In today's Bulldog update of technology news: turning turkey droppings into energy; Personify moving to Raleigh; Durham startup Teamworks lands big deal; UNC at Chapel HIll gets plant immunity study grant.