Recent cleantech news

Some recent activity in the solar sector that has caught our eye:

Solaicx has taken in $3mm from Applied Ventures. The silicon wafer manufacturer plans to use the funding to help build out a second manufacturing facility. In addition to generally addressing the current silicon shortage, Solaicx claims their process provides significant efficiency gains in silicon production as well.

Stion, the solar startup formerly known as NStructures, has sold a “significant minority stake” to Moser Baer PV, part of MBPV’s continued $17mm effort to get into solar.

Riverbed Technology, Inc. Announces IPO

Our press release on Riverbed — one of the top IPO’s of the year.

SAN FRANCISCO–(BUSINESS WIRE)–Sept. 21, 2006–Riverbed Technology, Inc. (Nasdaq:RVBD) today announced an initial public offering of 8.7 million shares of its common stock at a price of $9.75 per share. Riverbed has also granted the underwriters a 30-day option to purchase up to approximately 1.3 million additional shares. Riverbed’s common stock will be listed on the Nasdaq Global Market under the symbol “RVBD” and will begin trading Thursday, September 21, 2006.