Two other deals that had been expected, from aluminum processor Aleris Corp. and solar-technology company BrightSource Energy Inc.
Several companies have pulled their IPOs over the past year, including solar thermal power plant builder BrightSource Energy.
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How is the power generated by BrightSource Energy transmitted to these users?
Solar-thermal company BrightSource Energy Inc. pulled its high-profile IPO citing market conditions.
BrightSource Energy, an energy company based in Oakland, California, has signed a deal with Southern California Edison, a utility, to implement a system that stores energy in molten salt.
In 2007, Chevron-Texaco's venture capital arm bought significant stakes in two solar energy companies: BrightSource Energy, a developer of utility-scale solar plants, and Konarka Technologies, a developer of photovoltaic materials.
Whether SolarCity has broken the so-called solar curse that has seen several solar manufacturers file for bankrupt and one high-prolife company, BrightSource Energy, pull its IPO this year, remains to be seen.
And while Solyndra is shutting its doors, companies like SunPower, First Solar, and Brightsource Energy, which also received loan guarantees and other support from the federal government, are industry leading success stories.
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This allows BrightSource's plants to deliver energy even after dark, and gives utilities and grid operators more flexibility than solar power usually provides.
The whole industry, of course, is waiting for Department of Energy loan guarantees (like the one BrightSource got), and they will certainly help if and when they do come through.
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