Wednesday, August 26, 2009

Idealab rebounds with recent focus on clean technology

This is an article about the first operational solar facility in the United States. This plant will also be able to directly power 4,000 homes. Idealab is also backed by Steven Spielberg and Michael Douglas. Investment in firms like this increased by 73% last quarter and the predictions are that it will only go but up. They've also raised over 130 million in dollars that will be used for future labs.

Read the full article.

The bottom line is ...

This plant gives investors confidence and should increase production of solar friendly plants

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