Recent Posts:

Two Big Deals for Hot Desalination Company

Michael Kanellos: July 31, 2008, 5:26 AM
It's been a good month for Energy Recovery. The company, which makes energy efficient systems for desalinating seawater, pulled off an IPO in the beginning of July in the middle of a swoon on the stock market. The stock is trading in the $11 range, or 40 percent plus the initial price. Ironically, the IPO took place a day after there was much hand-wringing about the lack of IPOs. And since then, it's announced two big deals. The company will supply equipment to the Hadera Sea Water Reverse Osmosis Desalination Plant going up near Haifa, Israel. The plant, being built by IDE Technologies, will open in 2009. Initially it will be capable of converting 100 million cubic meters of...

A Killing (and Feeding) Machine for Algae

Michael Kanellos: July 31, 2008, 4:34 AM
OriginOil should have called itself Shake and Bake. The Los Angeles-based company--one of the several start-ups trying to produce oil from algae--is seeking a patent on its process for growing and subsequently harvesting oil from the single-celled buggers with vibrations. The process, roughly, works like this. Nutrients such as carbon dioxide are injected into the growing medium and then fractured into micron-sized bubbles with ultrasonic waves. Breaking down the nutrients makes the nutrients easier to absorb (just as if you were incapacitated and someone pre-chewed your food for you.). Thus, the algae grow faster. Then, when it comes time to harvest water and other...

Solyndra Ascendant?

Eric Wesoff: July 31, 2008, 4:03 AM
Fremont, California-based Solyndra is a secretive solar company.  As secretive as you can be when you have 400+ employees, are looking for a valuation of greater than a billon dollars, and occupy a 183,000 square foot building on the side of a major highway.  (I’ve verified those valuation claims from a number of Silicon Valley Venture Capitalists who passed on the funding deal.) But today we get two big Solyndra contract announcements from: Solar Power, an OTC-traded, Shenzen-based module manufacturer and “vertically integrated, turnkey solar power solutions provider,??? with an agreement to purchase approximately $325M worth of Solyndra solar panels over the next five...