The IPO market for greentech companies has always been a little spotty. Between 2005 and 2007, only five greentech companies listed on the NASDAQ, “raising an average of $77 million each and reaching average post-IPO valuations of $245 million.” First Solar, which raised $400 million in its 2006 IPO, has so far been the great [...]
Project Better Place CEO Shai Agassi announced today the company is ending its partnership with Renault-Nissan. At a press conference in Tel Aviv, Agassi said PBP will begin working with Tesla Motors, citing the EV company’s production readiness and high performance compared with Renault’s planned 1.6 litre equivalent. The Roadster’s comparatively high number of charge [...]
Fresh from the mass slaughter of 150,000 babassu nuts, Richard Branson has turned his blood thirsty gaze on the innocent hydrogen atom. The Virgin King has demanded the UK government begin installing hydrogen fueling stations to feed his “Project Driveway” hydrogen fuel cell program. The problem? The UK doesn’t have any hydrogen fuel cell cars.
Below, [...]
About a month ago I posted a response to Xconomy’s William Taylor, arguing (along with my homey Andy Grove) that GE should get into the electric vehicle game. Well, it turns out my mother isn’t the only person reading this blog. Announcements made today at WIREC and the Geneva Auto Show by GE, A123 Systems, [...]
Apparently the Nanosafe battery had failed even to progress past the recycled wood stage.
Alan Gotcher, CEO of Altair Nanotechnologies, “agreed to resign” on Friday afternoon. Altairnano has kept relatively silent about Gotcher’s departure, except to say the company’s board “determined that the level of progress made at this point in the development timeline of the company did not keep pace with the expectations that were set.” The company [...]
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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