US States Partner to Manage Electronics Waste
URL: http://www.ens-newswire.com/ens/jul2006/2006-07-19-09.asp#anchor4 Website: http://www.ens-newswire.com/ens/jul2006/2006-07-19-09.asp#anchor4
BP Solar Develops New Silicon Growth Process
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Spanish Firm Claims it Can Make Oil from Plankton
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/37354/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/37354/story.htm
Malaysia – Indonesia Set Palm for Fuel, Market Soars
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/37356/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/37356/story.htm
Green Your Company, Save a Bundle
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Organic Farming, Answer to Farmers' Suicides in India?
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
UK Food Cost Grows to 18M Tons of Carbon Dioxide
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Greenhouse Pollution Drops in China, India Due to Low-Tech
URL: http://news.nationalgeographic.com/news/2006/07/060719-energy.html Website: http://news.nationalgeographic.com/news/2006/07/060719-energy.html
SatCon Announces $12M Financing Transaction
SatCon Technology Corporation (Nasdaq NM: SATC) has entered into a definitive agreement for a $12 million private placement with institutional investors. The transaction is expected to fund today. First Albany Capital served as the placement agent for the transaction. “We greatly appreciate the tremendous vote of confidence in SatCon that this financing represents from our new institutional investors,” stated David Eisenhaure, Chairman and CEO. “The capital infusion fulfills part of SatCon’s overall financing strategy and supports our plans for growth in our core businesses of developing and manufacturing alternative energy products, components for hybrid electric vehicles and advanced micro-electronics. Achieving this financing milestone will allow us to accelerate the expansion of our alternative energy stationary power business under the management of Clemens van Zeyl.” The Senior Secured Convertible Notes to be issued in the financing will bear interest at the higher of 7.0% per annum or the six-month LIBOR plus 3.5% and will be convertible into SATC common stock at a conversion price of $1.65 per share, which represents a premium of approximately 6% over the average closing price of the Company’s common stock for the last 5 trading days. Subject to certain conditions, the Company may elect to make […]
EMCORE to Sell Electronic Materials Division
EMCORE Corporation (Nasdaq: EMKR) has agreed to sell the Company’s Electronic Materials & Device division (EMD) to IQE, plc (IQE). IQE, headquartered in Cardiff, Wales with United States operations in Bethlehem, Pa, will purchase the assets including inventory, fixed assets, and intellectual property of EMD for a total transaction value of $16 million. The transaction is subject to IQE shareholder approval authorizing the issuance and sale of additional shares of IQE and successful completion of a financing expected in mid-August. Closing is scheduled to occur immediately following completion of IQE’s financing. IQE was formed in May 1999 by the merger of two epitaxial wafer companies supplying electronic and optoelectronic materials produced using MOCVD (metal organic chemical vapor deposition) and MBE (molecular beam epitaxy) equipment platforms. EMD utilizes MOCVD technology developed by EMCORE to produce both GaAs and GaN based transistor wafers for use in power amplifiers and switches in GSM, CDMA multiband wireless handsets, Wi-MAX, Wi-Fi, cellular handsets, and in wireless LAN applications. IQE will continue to operate EMD in the Somerset, NJ facility. Approximately 50 employees will be transferred to IQE. “EMD has been an innovator in developing state of the art RF materials for over 10 years but […]