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In the News

News from June, 2007

Solaicx Announces 48 MW Solar Facility in Portland, Oregon

Wednesday, June 13th, 2007

Renewable Energy World 

Oregon Governor commends company for creating jobs, renewable energy.

Solaicx, a manufacturer of mono-crystalline silicon ingots and wafers for solar photovoltaic (PV) applications, has selected Portland, Oregon, as the location for its new silicon manufacturing facility.

The plant, which will have an initial run-rate of 48 megawatts (MW), will create roughly 100 new jobs by the end of 2007. In 2008, Solaicx plans to expand the plant’s capacity from its initial 12 silicon ingot growers to a total of 36 growers. At full capacity, the facility will produce 142 MW of solar ingots and wafers per year. (Full Article)

Solaicx Eyes Portland

Wednesday, June 13th, 2007

Sustainable Industries – Amy Westervelt

The City of Roses could soon produce silicon wafers for the growing solar energy industry. Solaicx, a Santa Clara, Calif.-based manufacturer of silicon wafers used to make photovoltaic panels, today announced it plans to open a 136,000 square-foot, high-volume manufacturing facility in Portland. The facility, Solaicx’s first high-volume manufacturing plant, would be funded by a recent $27.1 million investment round that included investments from D.E. Shaw, Mitsui Ventures, Applied Ventures, Firsthand Capital Management, Big Sky Ventures, and Greenhouse Capital Partners.

“We looked at the state of Oregon’s generous financial incentives for renewable energy and Portland’s deep base of skilled labor in silicon manufacturing, and decided that the port is an ideal place for our continued growth as a company,” said Jeff Jones, vice president of manufacturing for Solaicx. (Full Article)

Aravo Solutions Sponsors Aberdeen Group Report on Supplier Enablement

Monday, June 11th, 2007

MarketWire – Press Release

Research Details Essential Ingredients Required to Implement a Successful Suppler Enablement Program

Aravo Solutions, a provider of on-demand Supplier Information Management (SIM) software and services to automate and manage the entire supplier information lifecycle, today announced it is sponsoring a May 2007 Aberdeen Group report entitled, “Supplier Enablement: Connecting with Suppliers to Build Lasting Relationships.” The benchmark report details practices employed by top performing enterprises, top factors driving supplier enablement, and the essential ingredients required to implement a successful supplier enablement program.

According to the report, supplier enablement is one of the top three challenges for procurement professionals looking to transform their procurement organizations, gain better visibility into their supplier enablement processes and supplier relationships, and increase spend under management. While enterprises are focused on the financial impact of enabling suppliers and how to increase the volume of automated/electronic transactions, it is clear that a critical component is the broader utilization of supplier information. Nearly half of the surveyed organizations indicated that their top strategy for supplier enablement is to utilize a supplier information management system. (Full Article)

InsideView Secures $7.4 Million in Series A Funding

Tuesday, June 5th, 2007

InsideView – Press Release

Emergence Capital Partners Led Round

InsideView, the on-demand sales intelligence service provider, today announced it has secured $7.4 million in Series A funding. Emergence Capital Partners, a leading venture capital firm focused on early and growth stage Software-as-a-Service (SaaS) companies, led the round. Greenhouse Capital Partners and Rembrandt Venture Partners, who provided the company with its initial seed capital, participated in the financing as well.

InsideView also announced that Brian Jacobs, Emergence Capital Partners founder and general partner, and Jerry Casilli, general partner of Rembrandt Venture Partners are joining the Company’s Board of Directors. (Full Article)