Posts tagged “Semprius ”
The startup company's leading-edge solar technology "could soon make electricity cheaply enough to compete with power plants fueled by coal and natural gas," says the Massachusetts Institute for Technology in its annual "most important technology milestones" list.
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.
Gov. Bev Perdue is to make a new jobs announcement Tuesday morning in Henderson. Semprius, which is backed by the CIA, could be the builder.
The secret sauce at Semprius draws more money from the "Wizards of Langley" venture arm as well as Siemens and Durham-based Intersouth in its latest $20 million capital fund raiser. So what can the CIA do with advanced solar power?
The Durham-based company, which recently sold a 16-percent interest to Siemens Energy, discloses the funding in a regulatory filing. It's the latest in a streak of good news for the firm and its investors, which include Durham-based Intersouth Partners.