US Cleantech Venture Capital Falls 55% in 3Q

U.S. venture capital (VC) investment in cleantech companies in 3Q10 fell to $575.6 million in 53 financing rounds, a 55% decrease in capital and a 22% decrease in deals compared to 3Q09, according to newly releasedfigures. Ernst & Young LLP assembled the analysis based on data from Dow Jones VentureSource. "This quarter reflects the ongoing […] Read more

First Solar Beats Estimates, Maintains Guidance, Stock Falls (FSLR) $FSLR

First Solar (FSLR) has just reported earnings results and they areimpressive at least compared to very conservative analyst estimates.  The company smashed EPS estimates of 1.49/share and the whisper numberof 1.42/share by posting 1.65/share, but that is a decrease from lastquarter and just a hair above the year ago quarter.  Revenues were moreimpressive at $640 […] Read more

Daystar Deal Falls Through (DSTI)

It seems solar company Daystar (DSTI) can’t do anything right thesedays and the company remains in disarray.  A couple weeks ago, thestock got a pop to around the buck level on news it would merge operations with EPOD solar. It appeared for a bit that the stock would get out of the cellar, butthe rally stalled […] Read more

EU’s New Solar Plan Falls Short Says EPIA

TheEuropean Commission’s new proposal to boost solar technologydevelopment focuses too much on research and not enough on deployingcommercial technologies, said the European Photovoltaic IndustryAssociation (EPIA) Wednesday. The EPIA also voiced concerns that the proposal would not receivesufficient funding and is lobbying for more public money to be setaside to support the solar industry’s growth. The […] Read more