Posts tagged “Green Energy”

January 30, 2012

Premium Lock ABB, which has U.S. HQ in Cary, to buy Tennessee firm

ABB, a market leader for industrial motors, described the deal as part of a strategy that boosts its market presence in North America, and said the price of $72 a share is a 24-percent premium over Thomas & Betts' closing stock price on Jan. 27

ABB workers position semiconductors ABB workers position semiconductors

January 19, 2012

Premium Lock Future City regional finals focus on alternative energy

North Carolina middle school students will compete for chance at national honors in the annual Future City Regional Finals competition on Saturday at the Talley Student Center at N.C. State University.

January 17, 2012

Premium Lock Cree misses Street on revenues, earnings; shares tumble 7 percent

Earnings The Durham-based light emitting diodes and chip technology firm reports revenues under analysts' expectations. Earnings miss by a penny. CEO says "business environment remains challenging."

Updated January 13, 2012

Premium Lock CIA investment arm pours more money into solar tech firm Semprius

The Durham-based firm secures more money from In-Q-Tel and a new investor. Duke Energy Renewables executive is also is named to the firm's board.

The Semprius process The Semprius process

Updated January 12, 2012

Premium Lock Sensus CEO can tout smart grid from comforts of home

The Wake Forest residence of Peter Mainz, the chief executive at the global provider of technology and services for utility firms, is the latest to be added to Wake Electric Membership Corporation's growing smart grid.

Sensus CEO Peter Mainz now has a smart meter. Sensus CEO Peter Mainz now has a smart meter.

January 12, 2012

Premium Lock Clean energy investment hits record $260B in 2011

Solar energy      U.S. leads the way with solar power investments surging 36 percent. Spending in the U.S. rose by a third to $55.9 billion, surpassing the 1 percent gain in China to $47.4 billion.

Updated January 11, 2012

Premium Lock GSK exec: Respiratory drug results were not disappointing

GSK    Chief Financial Officer says Relovair is part of a pipeline, "not just one product in isolation."

January 11, 2012

Premium Lock Raleigh firm's technology to power I-40/85 recharging station

Praxis Technologies is providing two electric vehicle recharging stations at interstate rest areas with funding from a state grant.

A Praxis charging station A Praxis charging station

December 29, 2011

Premium Lock All eyes on German renewable energy efforts

A village of 37 gray homes and farm buildings clustered along the main road in a wind-swept corner of rural eastern Germany seems an unlikely place for a revolution.

December 27, 2011

Premium Lock New dye from NCSU raises solar-cell efficiency

Dye-sensitized solar cell A new "sensitizer" developed at N.C. State University collects more ambient and solar light energy than anything on the market now for use in dye-sensitized solar cells.

December 15, 2011

Premium Lock $600M wind power project in northeastern NC put on hold

Wind power  Iberdrola Renewables says construction won't begin because there are no agreements to buy electricity from its Desert Wind Energy project near Elizabeth City. The company no longer expects to meet its earlier completion target next year.

Updated December 9, 2011

Premium Lock Chip demand woes, not just LEDs, trigger Cree stock downgrade

Cree's LED prototype 60-watt bulb replacement Morgan Stanley analyst Joshua Paradise reduced his rating for the stock to "Equal Weight" from "Overweight," saying the weak economy may slow adoption of pricier LED lights. He's alson concerned about falling chip sales.

December 8, 2011

Premium Lock Buffett invests $2B to cash in on promise of solar power

solar energy "Buffett's investment shows that solar has come of age," a Wall Street analyst says. The end of the grant program "takes away some of the incentive but there will still be viable large scale solar plants."

November 23, 2011

Premium Lock Google pulls plug on renewable energy project, 'green energy czar'

Google  The search giant's "green energy czar" has already left the company. "At this point, other institutions are better positioned than Google to take this research to the next level," a Google exec writes in a blog.

Updated November 18, 2011

Premium Lock Cree shares jump on Goldman Sachs 'buy' rating

Cree's LED prototype 60-watt bulb replacement After taking a pounding on Thursday from investors, Cree shares jump more than 5 percent before the market open Friday after Goldman Sachs report.

November 15, 2011

Premium Lock Cree adding 469 jobs at expansion of Wisconsin plant

A sample of Ruud outdoor lighting A 208,000 square foot addition to the Ruud Lighting subsidiary facility costs $24.5 million. The company will receive some $8 million in incentives.

November 15, 2011

Premium Lock Duke Energy acquires three solar farms in southwestern NC

Duke Energy Renewables The latest three, which are all located near Murphy, were acquired from ESA Renewables. Duke now owns seven such farms in the state.

November 4, 2011

Premium Lock Smart metering firm Sensus up for sale?

Sensus According to a Reuters report, Raleigh-based Sensus has asked Credit Suisse to find a buyer. Price could be $1 billion.

November 4, 2011

Premium Lock Wake Tech instructor receives White House honor

Rich Cregar Rich Cregar, an instructor in sustainable transportation technologies at Wake Technical Community College, is recognized by President Barack Obama as "Champions of Change."

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The Skinny: A Blog by Rick Smith