Michael Kanellos
Approximately 300 million tires get tossed out every year in America and each tire contains about 10 gallons of oil, according to Patrick George, CFO of new age rubber recycler Lehigh Technologies. That comes to 3 billion gallons.
The U.S. consumes about 145 billion gallons of oil. Thus, the amount thrown out in tires comes to [...]
Michael Kanellos
Nearly everyone in the U.S. it seems wants to see more solar power facilities put into the ground, but getting to the point where solar actually makes a dent in the consumption of traditional electricity is getting tougher and tougher.
Take this factoid from Spansion CEO Bertrand Cambou. According to Cambou, the data centers in the [...]
Michael Kanellos
To Trinity Ventures, green technology largely revolves around networking. Rather than place investments on biofuels or solar panels, the firm is largely focusing its green efforts on companies that hope to cut power and water consumption with IT technologies, according to Fred Wang, general partner. (ed note: It’s a strategy that’s similar to one that’s [...]
Michael Kanellos
Solyndra, the secretive developer of copper indium gallium selenide (CIGS) solar cells, is trying to raise $350 million in an effort to get into mass production, but the deal is causing some in Silicon Valley to shiver.
The Fremont-based company, which raised $79 million in venture funds in 2007, wants the money to build a 420-megawatt [...]
Michael Kanellos
Virtualization–the ability to use a single server for multiple tasks–has taken off like crazy in the data center world as a way to both cut hardware costs and electricity costs.
And in the near future, utilities may start pushing virtualization to cut desktop computing costs.
That’s the word from Mark Bramfitt, Principal Program Manager, Customer Energy Efficiency, [...]
Michael Kanellos
The S-1. Such a troublesome document.
Unconfirmed rumors have swirled in recent weeks that Black & Decker, the large power tool maker, wasn’t happy with battery maker A123 Systems. Black & Decker is the largest customer for A123 and accounts for over half of the company’s revenue.
We called the company in July and A123 said that [...]