Posts tagged “Solar”
The largest solar power plant of its type in the world - once promoted as a turning point in green energy - isn't producing as much energy as planned. One of the reasons is as basic as it gets: The sun isn't shining as much as expected.
A new report from the Pew Charitable Trusts says North Carolina "has emerged as a clean energy leader" in the southeast. The state ranks third in new renewable energy capacity, third in private investments and eighth in energy- and environment-related jobs, according to Pew, which is issuing the report Thursday at N.C. State. Driving the growth is the state's solar industry.
North Carolina's solar and renewable power industry is getting a big boost from the federal government. Agriculture Secretary Tom Vilsack discloses support for 39 projects in the state worth more than $55 million during a visit to Bunn today. Meanwhile, President Obama in Washington is unveiling plans to train 50,000 vets for solar jobs.
Duke Energy says it will invest $500 million in multiple projects to expand its solar power capacity in North Carolina. One solar farm in Duplin County will be the largest east of the Mississippi. The state's sustainable energy business association sees the deal as a big boost to N.C.'s solar industry.
Yahoo earnings fall; N.C. Solar Center's new name; Novartis-Google 'Glass' contacts; Cree expands; Sling's new devices
In today's Bulldog wrapup of technology and life science news: Yahoo takes a hit; N.C. Solar Center gets a new name; Novartis teams with Google for "Glass" contacts; Cree adds space; Sling's new devices.
If investors are fretting, it could be because Salix shareholders will be on the hook for taxes they weren't expecting to pay. The company notes in its securities filings that the conversion of Salix stock into Salix plc stock is considered a taxable event, meaning all Salix shareholders will owe taxes when the deal closes even if they don't sell their shares. Learn more about the deal.
Apple expects to invest $55 million to develop the 100-acre, 17.5 megawatt solar farm, which would become Apple's third solar farm in Catwaba County.
Semprius makes what it says are the most highest efficiency mass-produced solar modules. On Monday the Durham-based firm announced a new "stacked" solar cell that shows the promise of delivering record efficiency for conversion of sunlight to energy. Meanwhile, Semprius raises another $1.1 million in funding.
Domestic violence costs tech CEO his job; setback for Pozen; Duke's solar shines; new name for Cornerstone; Nokia picks CEO
In today's Bulldog blog tech and life science roundup, check out headline news from Cornerstone Therapeutics, Nokia, Pozen, Duke Energy and a tech exec who says he was fired because of a conviction for domestic violence.
Revenues have soared 67 percent at Wake Forest-based PowerSecure over the past year, and its order backlog is at a record $248 million. An emerging revenue driver is data center power services, which could have a "transformative" impact on the firm. And CEO Sidney Hinton says "the very best" people are driving sales. So what's he looking?
North Carolina solar industry jobs grew 121 percent in 2013, boosting the state into the top 10 among states. Read more about which solar jobs are in demand.
Duke Energy (NYSE:DUK) wants to double its solar footprint in the Carolinas and the utility is now seeking bidders to install new energy capacity to do it. The utility issued a request for proposals for 300 megawatts of new solar energy capacity that would be in service by the end of 2015. Read about the RFPs.
FLS Energy, which provides a variety of services for building solar power farms, is bringing in $18 million of capital from four investors and has commitments for another $12 million, the firm's CEO says.
North Carolina will focus its business recruiting efforts on 38 industries, including 10 specific clusters, as part of a new economic development plan that a group of business, political and education leaders officially turned into Gov. Pat McCrory Friday.
North Carolina's clean energy industry by the numbers: at least 570 companies employing more than 18,000 workers and generating revenue in 2013 topping $3.5 billion. Learn which sectors generate the most revenue and employ the most people.
Epic Games owed $9.2M; GSK diabetes drug update; Cree LED ups efficiency; ACC Clean Energy Challenge; Netflix stock record; eBay earnings
In our Bulldog blog's technology and life science update: Epic Games wins another $4.5 million in a law suit; GSK diabetes drug advances in EU; Cree breaks efficiency benchmark; ACC Clean Energy Challenge takes entries; Netflix soars to record; eBay earnings increase.
The largest U.S. electric company wants to pay North Carolina shops and homeowners less for solar power they generate by changing a pricing rule that was designed to spur production of the power, a Duke Energy vice president says. Environmentalists and solar related businesses see fallout from decision.
Researchers at UNC-Chapel Hill say they have found a way to turn solar power into a 24-hour-a-day power source by using the sun's energy to separate water molecules and create hydrogen fuel. In making the breakthrough, they received a powerful boost from scientists at N.C. State.
As part of WRALTechWire's new Insider interview series, we will be asking entrepreneurs a series of questions designed to help our readers learn more about the person we are profiling as well as their thoughts about entrepreneurship.