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Posts tagged “Green Energy”

June 1, 2010

Premium Lock Hewlett-Packard to slash 9,000 jobs in services group

HP The IT giant plans to invest $1 billion in new automated data centers. Many of the positions affected by the layoffs will be replaced with sales, delivery positions, HP says.

Updated May 24, 2010

Premium Lock Duke Energy lines up $375 million in backing for wind farms

A Duke wind power tower   The energy firm lands $325 million in loans and $50 million in a line of credit for its alternative energy efforts.

May 14, 2010

Premium Lock Duke Energy ready to move ahead with ‘smart grid’ projects

The Charlotte-based utility signs an agreement with the Department of Energy for $204 million in federal funding. Duke is committing more than $850 million of its own for projects.

Duke's "smart grid" map Duke's "smart grid" map

Updated May 13, 2010

Premium Lock The ceiling is alive with music? Yep – LED cluster includes speaker

MusicLite, which is due out this fall, combines high-end sound speaker with an LED light that will screw into recessed lighting portals.

The MusicLite  The MusicLite

May 7, 2010

Premium Lock Smart metering makes big $ense for Sensus – Revenues soar

Sensus The Raleigh-based firm has a record quarter for revenue at $260 million and also reports a record high order backlog of $134 million.

May 6, 2010

Premium Lock Smart grid, LED businesses generate profits for PowerSecure

PowerSecure Wake Forest-based energy technology firm tops Street expectations of earnings. The company also looks to raise $100 million for possible acquisitions and investments plus capital.

May 5, 2010

Premium Lock ABB buys Atlanta smart grid software firm Ventyx for $1B

ABB operates its North American headquarters in Cary and has an operation at NCSU’s Centennial Campus. Ventyx, which currently operates in more than 40 countries, generated some $250 million in revenue in 2009. It is currently owned by Vista Equity Partners.ventyx

ABB steps up grid efforts ABB steps up grid efforts

May 4, 2010

Premium Lock UNC-CH chancellor goes green, saying no to coal by 2020

UNC-CH to end coal use "It's not going to be easy to make this transition,” Holden Thorp says. “We have challenges in making sure biomass will work in our existing boilers and challenges on the supply side as well. But we are confident we can achieve our goal in 10 years."

April 22, 2010

Premium Lock Duke Energy picks EPA for rooftop solar power grid

Duke expands rooftop solar project Charlotte-based utility also adds another nine sites to its renewable energy effort.

April 19, 2010

Premium Lock S.C. ‘green’ technology firm raises $1.15M

GreenWizard GreenWizard provides Web-based system for searching, comparing and documenting environmentally friendly products.

April 19, 2010

Premium Lock Nano breakthrough? Wake Forest researchers patent solar cell technology

Solar panel breakthrough? UniversityTech: New process can double the energy production of solar cells at a lower cost, researchers say. Technology is licensed to Triad-based FiberCell.

April 16, 2010

Premium Lock Solar-powered plane makes successful maiden flight

Switzerland Solar Adventure A solar-powered plane on its maiden flight passed an important test on the way to a historic voyage around the world – a journey that would not use a drop of fuel.

Updated April 6, 2010

Premium Lock Another analyst embraces Cree; shares rally after drop

Street lights using Cree LEDs JMP Securities launches coverage with 'outperform' rating. UBS calls Cree a “buy,” lifts share target price to $92 from $60. Stock climbs nearly 10 percent for the day on heavy volume.

April 6, 2010

Premium Lock PowerSecure invests $24M in two LED business buys

Power grid The Wake Forest-based provider of power solutions, such as smart grid technology, buys a manufacturing firm in Morrisville. It also will assume 100 percent ownership of an LED firm. The two deals include $4.4 million in cash and stock worth $20 million.

April 5, 2010

Premium Lock Pine tree power? Duke Energy’s plan worries some environmentalists

The Charlotte-based utility eyes the Carolinas’ pine forests as a source for biomass-based power plant fuel. Legislation requires more power based on renewable sources. Southern Environmental Law Center opposes use of trees rather than wood waste. The group also opposes offshore drilling.

Pine tree power? Pine tree power?

Updated April 2, 2010

Premium Lock Israeli biofuels tech firm picks N.C. for HQ, pilot plant

Biofuels HCL CleanTech, which is funded by Burrill & Company and Khosla Ventures, places headquarters in Oxford. Its plant is being constructed in Durham.

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