Gov’t shines on Solyndra with $535M loan guarantee

Gov’t shines on Solyndra with $535M loan guarantee

Vice president Joe Biden and Department of Energy Secretary Stephen Chu joined forces this morning to officially bestow the $535 million loan guarantee on Fremont, Calif.-based Solyndra, one of the leading makers of cylindrical solar panels. The company plans to build a photovoltaic equipment plant… Continue Reading

Solar co. Solyndra shines with $220M

Solar installation maker Solyndra has every reason to celebrate the new year, raising $219.2 million in fifth-round funding from a flock of 23 investors. This is the second largest investment received by any U.S. cleantech company in the last year, coming in behind the $300… Continue Reading

OmniGuide raises $25 million for non-invasive laser surgery

OmniGuide has raised $25 million in a fifth round of financing to expand its laser surgery business. The company, based in Cambridge, Mass., makes BeamPath, a flexible optical fiber used to guide CO2 laser beams in surgery.

New investor Psilos Group led the round and was… Continue Reading