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Tag Archives: HCL Cleantech

Green can mean much more than just environment

This year the Mississippi Legislature approved loans for three green energy manufacturing companies recruited to the state by Gov. Haley Barbour. In January the state Legislature approved a $75 million loan for Stion, a startup manufacturing company that will make thin-film solar panels in Hattiesburg. The company promises to investment $500 million and bring 1,000 jobs to Mississippi. Stion has ...

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Vinod Khosla's Range Fuels has declared bankruptcy

Range Fuels, a manufacturing startup that planned to convert wood chips to cellulosic ethanol has declared bankruptcy, Bloomberg reports. The company was heavily backed by venture capitalist Vinod Khosla, whose Khosla Ventures is also backing four green energy startups to which the Mississippi legislature has authorized tens of millions in state aid: Soladigm, KiOR, Stion and HCL Cleantech. Range Fuels ...

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Technology will determine Miss. solar companies' future

Twin Creeks Technologies and Stion need high-tech success to compete with cheap overseas labor See related MBJ story: “Calisolar lays off 80 Calif. workers” With the continued controversy over the Obama administration’s support for the now-bankrupt Solyndra, which came weeks after the collapse of Spectrawatt and Evergreen Solar, the renewable energy industry is eagerly watching to see how other U.S. ...

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Costs, impacts of incentive deals

“Gov. Haley Barbour has asked the Legislature to approve $175 million in incentives for California-based Calisolar and start-up HCL CleanTech to open facilities in Mississippi — projects expected to create direct jobs for 1,800 people.” Clarion-Ledger, Sept. 1, 2011 When this writer read that sentence he immediately got out a calculator and did the math. The incentives came out to ...

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MBJ Editorial: Mississippi Delta worse off after eight years of Gov. Barbour

The Mississippi Delta continues to flounder as unemployment figures average around 18 percent for the 12 counties between Vicksburg and Memphis. Yet, there have been many jobs announcements in the years of the Barbour administration, but very few have had anything to do with the Mississippi Delta. In this latest barrage of economic development announcements, the Delta — generally thought ...

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