Insight Leads $165 Million Round in Cloud-Based Energy Database Company Drilling Info

As the U.S. gets closer to energy independence, the investment around oil and gas exploration and the technology that helps get it done, are, well, gushing.
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Wind Power Hits a Trough

After years of blustery growth, wind power is facing a blow-back in some of its major markets. It is reeling from lackluster electricity demand in many mature economies, rock-bottom prices for competing natural gas in the U.S. and uncertainty throughout much of the world about government subsidies. Companies that make wind turbines are slashing production at some plants and reconsidering previous expansion.

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First Solar: Are Their Customers Piling Up Inventory?

Jonathan Hoopes of ThinkEquity concluded this morning that major customers of First Solar are sitting on what could be substantial inventory in their warehouses. Since it’s unlikely that impediments to solar market growth are lifting any time soon, or that said inventory’s going anywhere fast, he cut his price target from $175 to $105, and his estimated EPS for both 2009 and 2010.