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08 Nov

Applied Materials Bottom Fishes Advent Solar

Chip maker Applied Materials has acquired "substantially all of the assets, including intellectual property," of New Mexico-based Advent Solar. That startup developed crystalline silicon photovoltaic cells. Financial terms of the buy were not disclosed. However, Lux Research analyst Ted...

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Making The Green Scene: SMUD Buys Biomass Electricity, Suntech Keeps Selling, And Wind Power Should Be Seen, Not Heard

The Sacramento Municipal Utility District (SMUD) continues to find new way to meet its goal of having renewable energy account for 33 percent of its power supply by 2020. Today SMUD announced that it will be purchasing 123-gigawatt hours per year from Buena Vista Biomass Power at a cost of $15 mi...

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France's TravelHorizon €20M. To Buy Ski Site Sportura

TravelHorizon, a France-based operator of a European, multi-lingual online travel sites, has raised €20M from AGF Private Equity and CM-CIC Capital with return backer Wellington Partners. Part of the proceeds will be used to acquire Sportura BV, a Dutch online travel site focused on ski-rela...

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Biovitrum AB and Swedish Orphan Form New Niche Specialty Pharmaceutical Company

Nordic biotechnology companies Biovitrum AB and Swedish Orphan announced plans to merge. The newly formed company will be Swedish Orphan Biovitrum (SO-Bi) focused, to design and manufacture specialty pharmaceuticals for rare diseases. Biovitrum AB has agreed to pay kr3.5B ($500M) to initiate a gu...

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Finish Line Still Not In Sight For Evergreen Solar

While trying to offer a positive outlook for the “business marathon” the company is running, executives at Evergreen Solar (ESLR:NASDAQ) still reported disappointing losses, dwindling cash reserves, and some uncertainty about the future of their business model with today’s Q3 ea...

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Travel Sharing Site Everlater Venture Funded

Everlater out of Boulder, CO has raised an undisclosed amount of Series A funding led by Highway 12 Ventures. Similar to sites like WAYN, Everlater offers tools to geographically organize photos, stories, and trip details. Users can leave the photos and writing on the site can pull items in from ...

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