Applied Materials grows solar business, buys Advent Solar
Applied Materials has gobbled up all of the assets of Advent Solar, a photovoltaic maker with patented module assembly processes said to be more streamlined and efficient. The deal is yet another example of Applied Materials’ sprint to define itself as a formidable force in the solar industry.
The Sunnyvale, Calif., chip equipment maker has seen a lot of solar action recently. At the end of October, it opened its $250 million Solar Technology Center in… Continue Reading
Green roundup: Solar flights, clean water, green search engine, fusion & more
Here’s a list of the latest developments/investment in clean-technology:
Solar powered aircraft flies through two nights — A solar-powered plane beats the record for the longest uncrewed flight, UK defence research company QinetiQ claims. In a secretive weekend mission, their craft Zephyr took off from a US military base in New Mexico and landed 54 hours later.
Endicott, a biodiesel company, raises $40M — The Houston, Texas, company is making a biodiesel plant, fueled from organic sources such as… Continue Reading
Advent Solar, solar cell maker, to raise $70M in financing
Advent Solar, an Albuquerque, New Mexico solar cell maker is expected to announce a $70 million fourth round of financing, according to VentureWire (sub required).
We last wrote about the company a year and a half ago, when it raised $30 million in its third round. It has now raised more than $108 million, making it one of the best financed solar start-ups around. It is one of dozens of new solar companies, as the solar… Continue Reading