Solaicx is a venture-backed startup hell bent on reducing costs in the PV supply chain. Since breaking ground on their new Portland, OR, factory in November, the company has worked ’round-the-clock to stabilize their innovative wafer manufacturing technology, with an eye towards full-scale commercial production in the first half of 2009. Solaicx was also one [...]
Cilion, a venture-backed ethanol startup, has fallen at the intersection of a vc and policy love triangle. The company, which was founded in May 2006, is backed by Vinod Khosla, Richard Branson, and Ron Burkle’s Yucaipa Companies. That would be the same Yucaipa Companies where Bill Clinton is a senior advisor. In September 2006, Khosla, [...]
Shenzhen Topray Solar hit the ground running on its debut at the Shenzhen Stock Exchange this morning. The solar company’s initial public offer price was pegged at RMB 10.79, but it opened the day at RMB 51.20, hitting a high of RMB 57.00 in intraday trading despite an analyst consensus of around RMB 45.00. Shenzhen [...]
The House of Representatives voted 236-182 this afternoon to repeal $18 billion in subsidies and tax incentives for oil and gas companies. The windfall will fund investment and production tax breaks greentech producers and consumers. If H.R. 5351 passes the Senate (possible…) and survives a presidential veto (virtually impossible…), the available funding would support, among [...]
Google’s hit on some hard times recently. The search giant’s stock bottomed out yesterday at $464.19, dropping 38 percent from a record high $747.24 in November 2007. The massive downturn’s tipping point came recently, though the momentum has built up for months, from a comScore report that found the company’s revenue generating paid clicks remained [...]
Shares of EnerNOC are down 27.22 percent as of noon today after the company announced a $9 million earnings loss for the 4Q 2007. EnerNOC disappointed analysts, whose consensus $0.29 EPS loss was taken to town by the ‘NOCs $0.48 EPS loss in the last quarter. The company posted $19.7 million in revenue for the [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
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