Google is making its largest investment yet in clean energy, setting up a $280 million fund to finance home solar rooftop installations.
The search giant announced it was teaming up with the Silicon Valley’s SolarCity—a company chaired by Paypal co-founder and Tesla Motors executive Elon Musk—in an effort to break down the biggest barrier to solar energy adoption: the cost. Continue reading
Tagged Elon Musk, Google, National Geographic, Solar, SolarCity
“Inventing disruptive manufacturing innovations is every bit as hard as inventing new materials,” says Frank van Mierlo, President and co-founder of 1366 Technologies. Solar power, if it’s going to compete on cost with coal and other fossil fuels, needs both. It’s on that premise that 1366, a developer of new machines and processes that can be easily integrated into solar companies’ existing manufacturing lines, has based its business model. Read more over on Earth2Tech. This post also appeared (through syndication) on BusinessWeek.com.
Tagged 1366 Tecnologies, BusinessWeek, Earth2Tech, Solar, Startup Profile
