By Jennifer Kho •
January 24, 2009
Cleantech IPOs have ground to a halt, and industry insiders at the Clean-Tech Investor Summit this week said they expect the no-exit environment to continue.
Mohr Davidow Ventures partner Will Coleman, who moderated a cleantech-financing panel at the event, asked panelists to guess when the IPOs would come back. “The second quarter, which doesn’t mean the markets [will have] reopened,” said Gary Vollen, managing director of the Stanford Group Co. “I think the third quarter, probably,” guessed Jeff Lipton, managing director of Jeffries & Co. Inc.
By Sarah Lozanova •
November 13, 2008
With Obama as President-elect, solar stock prices must be sky high at the moment, right? Wrong. If you look at the values of most stocks around election day, they did increase. This peak was short lived however for most solar companies and it was followed by a huge decline.
Just how steep are we talking?
(NASDAQ:AKNS) is a large US-based solar installers for residential and commercial systems in California, New Jersey, New York, and Connecticut. Their stock was valued at nearly $17 at the beginning of the year and is now just above $2.
(NASDAQ:ASTI) is based in Colorado and produces high efficiency, thin film solar products. They saw stock prices rise to over $25 a share at the beginning of the year, but are currently under $4.
Cleantech IPOs have ground to a halt, and industry insiders at the Clean-Tech Investor Summit this week said they expect the no-exit environment to continue.
