Michael Kanellos
It’s been a good month for Energy Recovery.
The company, which makes energy efficient systems for desalinating seawater, pulled off an IPO in the beginning of July in the middle of a swoon on the stock market. The stock is trading in the $11 range, or 40 percent plus the initial price. Ironically, the IPO took [...]
Michael Kanellos
OriginOil should have called itself Shake and Bake.
The Los Angeles-based company–one of the several start-ups trying to produce oil from algae–is seeking a patent on its process for growing and subsequently harvesting oil from the single-celled buggers with vibrations.
The process, roughly, works like this. Nutrients such as carbon dioxide are injected into the growing medium [...]
Eric Wesoff
Fremont, California-based Solyndra is a secretive solar company. As secretive as you can be when you have 400+ employees, are looking for a valuation of greater than a billon dollars, and occupy a 183,000 square foot building on the side of a major highway. (I’ve verified those valuation claims from a number of Silicon Valley [...]
Daniel Englander
Shame on you, Harry Reid.
At 11:50 a.m. today the bill containing extensions for the production and investment tax credits was voted down in the Senate. Democrats failed to gain the 60 votes necessary to invoke cloture and start floor debate on S. 3335, the Jobs, Energy, Family, and Disaster Relief Act of 2008, picking up [...]
Michael Kanellos
Companies like EEStor make it worthwhile for reporters and analysts to come to work.
The Texas-based start-up hopes to bring ultracapacitors to market that some claim will dramatically improve the performance and drop the price of electric cars. Lockheed Martin, which signed a development deal with the company, says EEStor is on track to produce devices [...]
Michael Kanellos
This will be a good test to see if the light coming from light emitting diodes is warm enough.
Anchorage, Alaska in conjunction with LED maker Cree will replace the 16,000 light fixtures, about one-fourth of the streetlights in town, with LEDs. The swap should save the city about $360,000 a year in electricity, judging by [...]