Lightspeed Venture Partners
Solazyme, Inc. (NASDAQ: SZYM), a biofuels company which also makes dietary supplements and skin care products, opened for trading today at $18 per share and jumped to more than $21 by mid-day. The company completed its initial public offering of 10,975,000 shares Thursday.
Power technology company American Superconductor Corporation (Nasdaq: AMSC) said today it will acquire The Switch Engineering OY, based in Finland, for €190 million in cash and AMSC shares ($265.43 million at today’s 1.00 EUR = 1.40 USD).
OTHER NEWS: Solazyme Files IPO, BP Boosts Brazilian Ethanol Production
It is pretty clear that the economic viability of wind and solar energy and the extent to which they will contribute significant power to the grid depends on being able to generate electricity intermittently -- when the sun shines and the wind blows -- and store it for use when it needed and/or when the sun is not shining nor the wind blowing.
What do the following investors have in common: John Hill, Doug Schatz, Invus Group, DCM, Bohemian Compa





