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Tag Archives: Soladigm

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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Public land in Delta impacted by river flood

Every year, hunters flock to the Delta to take advantage of some of the best public hunting land in the state offered by the Mississippi Department of Wildlife, Fisheries & Parks’ wildlife management areas (WMAs) and the U.S. Fish & Wildlife Service’s Theodore Roosevelt National Wildlife Refuge Complex. This year, however, hunters are wondering if they should find somewhere else ...

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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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Khosla: MS green energy start-ups have 90% chance of failure

By Amy McCullough Vinod Khosla, founder of Khosla Ventures, says Mississippi’s green energy start-ups have a 90 percent chance of failing. That means Stion, Soladigm and KiOR, all of which are backed by Khosla Ventures, and all of which have been allocated tens of millions of dollars by the Mississippi Legislature, are very likely to fail. At least that’s what ...

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Barbour: Miss. stimulus different than Obama stimulus

By Amy McCullough Gov. Haley Barbour pointed at the difference between Mississippi’s stimulus and Obama’s stimulus at The Wall Street Journal’s ECO:nomics Conference in Santa Barbara, California, according to a post by the WSJ’s Marketwatch. Barbour said there has been “a lack of support from the White House for nuclear power, and a wrongheaded bias toward renewable energy production. ‘My ...

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Khosla fires back at Wall Street Journal

By Amy McCullough Quite the heated exchange on the Wall Street Journal editorial page between the editors and venture capitalist Vinod Khosla. In a previous editorial, “The Range Fuels Fiasco,” the WSJ used Khosla’s failed Range Fuels business to say that government shouldn’t get involved with startups. (WSJ is now locked down. Most of the editorial can be found at ...

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WSJ: Learn from Khosla-backed energy startups that tanked

By Amy McCullough See related story “Good Idea or Not?” and blog post “Haley Barbour and Khosla Ventures.“ A Wall Street Journal Feb. 10 “Review & Outlook” column (“The Range Fuels Fiasco“) details failed energy startups backed by Vinod Khosla of Khosla Ventures. Khosla Ventures, along with other investors, is backing three green energy startups to which Mississippi has pledge ...

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Haley Barbour and Khosla Ventures

By Amy McCullough Gov. Haley Barbour and a venture capital firm backing three of the most recent green energy startups purchased by the state of Mississippi will both be speaking at a California energy conference for high-rollers hosted by the editors of The Wall Street Journal. ECO:nomics “will bring together the world’s top CEOs, policymakers, entrepreneurs and industry experts to ...

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Good idea or not?

See related Feb. 4 Business Blog post, ‘Haley Barbour and Khosla Ventures’ and Feb. 11 post, ‘WSJ: Learned from Khosla-backed energy startups that tanked.’ State leaders agree that affordable and reliable energy is essential for Mississippi’s future economic growth. Gov. Haley Barbour has said his energy policy is “more of it” and has aggressively promoted hefty incentive packages to a ...

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