Business Blog

Update: Today (Jan. 27) KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). KiOR is listed along with Achillion Pharmaceuticals, Sears Holdings and Rite Aid [...]

Calisolar, which said in early September that it will build a plant in Lowndes County, Miss., recently announced it’s firing 80 workers from its polysilicon solar cell manufacturing plant in Sunnyvale, Calif. The solar start-up company, which was founded in 2006, has more than 350 employees. The company is moving away from solar cell manufacturing [...]