Echelon (ELON) may be a company to watch in the future with exposure in LED lighting, demand response and smart grid networking but for now the company remains unprofitable with no signs of a turn around yet. The company posted a non GAAP loss of .06/share which beat estimates of -.14/share but revenues shrunk by about 25% over the year ago quarter.
Said the CEO, “In the near-term, we expect the current economic slowdown to … Read the rest
Cree just released samples of two new products: two 120MW GaN HEMT microwave transistors that can be used in telecommunications applications like Wi-Fi and for high-speed cell phone data transmission. These transistors would be compatible with both 3G and 4G cell networks, and could be used by both GSM and CDMA carriers.
For the technical specs of these nifty new devices, we turn to Cree’s press release:
… Read the restDue to the unique combination of high RF
Cree just announced a new supply contract with LG Display. Under the partnership agreement, Cree will supply LG with LED chips for flat-screen LCD devices. LG plans to expand the percentage of panels it produces that use LED-backlighting to approximately 50% of its total notebook LCD output.
Here’s more about the deal from LED Magazine:
Reuters quoted LG Display as saying, "Under the agreement, LG Display secures a stable supply of LED chips, a key … Read the rest
I know, I know. .another top 10 list. But this one’s a bit different. It’s called a Top 10 list but I’m only including 5 (how’s that for daring and different eh?) of the top green energy stocks based purely on technicals because I can’t find 10 with great technicals! I’ll include another 5 if this market gets going again.
Drum roll please…
Coming it at the top spot is a stock I’ve been highlighting … Read the rest
AltEnergyStocks has posted some highlights of the Obama inauguration speech focused on renewable energies and infrastructure:
“each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.”
“We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.” (Emphasis ours)
“We will harness the sun and the winds and the soil to fuel our cars and run our … Read the rest
Cree Inc (CREE) has been on a bit of a roll lately after making some big announcements about new LED products, partnerships and a big order from the Pentagon. Let the good times roll after the bell today as the company reports very good earnings and is guiding higher. I can’t imagine there will be many companies guiding higher next quarter in the current environment, so congrats to CREE on a great quarter. … Read the rest
Cree. Inc has entered a patent licensing agreement with Mistsubishi Chemical Corporation for its freestanding GaN substrate technology. Under the terms of the agreement, Mitsubishi Chemical Corporation will be able to manufacture and sell GaN substrates as well entering in to some sublicensing agreements in exchange for paying royalties and other payments to Cree.
Steve Kelley, Cree’s CEO, commented on the deal:
… Read the rest"Cree is pleased to enter into this license agreement with MCC, a well-known
Cree, Inc, announced that the University of California, Davis, has joined Cree’s LED University program. The college has installed a Bi-Level "Smart" Parking Light System From Cree at its South Entry Parking Structure. By installing the 50 BetaLED light fixtures, the University will achieve an average of 50 percent in energy savings.
Chris Cioni, associate director of UC Davis facilities management, utilities division, commented on the new lights:
"With LED lighting, we are improving visibility … Read the rest
CREE just announced that they have received an order for 4,200 of their LR24 recessed LED luminaires from the US government. The energy-efficient LEDs will be installed in Wedge 5 of the Pentagon as part of a major renovation from the building. To commemorate the effort to bring LED light into the Pentagon, a signing service was held today in which John J. Kubricky, Deputy Under Secretary of Defense for Advanced Systems and Concepts, and … Read the rest
Yesterday, Cree Inc (CREE) announced that it has come to a resolution in its LED patent dispute with California startup Bridglux. As part of the agreement, CREE has granted Bridgelux a license for the patents in exchange for fees and royalties and will now be a major supplier for Bridgelux
“This agreement creates a collaborative environment between Bridgelux and Cree, while affirming the commitment of both companies to the protection of intellectual property,” stated Mark … Read the rest