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13 June 2013

E.ON revealed as Bloom Energy’s $100m backer, IPO on the cards

European utility E.ON has been revealed as the major investor in fuel-cell specialist Bloom Energy’s recent $130m financing round.

12 June 2013

Maxwell Technologies, Soitech collaborate on California energy storage project

Nasdaq-listed Maxwell Technologies has teamed up with Soitec for a California Energy Commission-funded project to demonstrate the benefits of combining energy storage with concentrated solar technology.

11 June 2013

Battery giant Exide files for Chapter 11 bankruptcy protection

Exide Technologies, one of the world’s largest producers and recyclers of lead-acid batteries, has filed for Chapter 11 bankruptcy protection.

10 June 2013

Stock round-up: UK aims to stimulate trading of green stocksp

Last week UK green businesses Good Energy and ITM Power were among 12 initial companies listed on the newly-launched Social Stock Exchange in an effort to connect the country’s public financial markets with social impact investment. But waste-to-energy business Waste2Tricity told NewNet it would likely shy away from its home market and look aboard for its upcoming IPO.

7 June 2013

FuelCell Energy narrows losses in second quarter results

Fuel cell power plant designer and manufacturer FuelCell Energy announced record quarterly revenues of $42m and a drop in second quarter losses from operations down to $7.2m.

5 June 2013

Tim Poor named VP of global sales at Aquion Energy

Aquion Energy, a developer and manufacturer of batteries and energy storage systems, has named Tim Poor as its vice president of global sales.

5 June 2013

Verizon to install Bloom Energy fuel cells at California hubs

Telecommunications business Verizon will install Bloom Energy fuel cells at a trio of its California facilities.

31 May 2013

Schneider Electric and Saft to collaborate on energy storage systems

Energy management company Schneider Electric along with battery manufacturer Saft will collaborate on energy storage systems for commercial and industrial buildings.

23 May 2013

Industry group launches to meet European smart grid challenge

Europe’s largest professional body for engineers has formed a new group to ensure that networks are ready to meet the significant challenges of low carbon generation technologies.

21 May 2013

A123 Systems gets approval for bankruptcy plan

A123 Systems, which previously received a $249m Department of Energy (DOE) grant, has been given final approval for its reorganisation plant by a Delaware bankruptcy judge.

21 May 2013

Eos Energy secures strategic investors in $15m Series B

New York innovator Eos Energy Storage has completed a $15m Series B round through a syndicate of 21 strategic and financial investors including NRG Energy and Fisher Brothers.

17 May 2013

Idinvest’s Electranova Capital backs Forsee Power Solutions

Electranova Capital, a private equity fund managed by Idinvest Partners in association with EDF, has invested in battery specialist Forsee Power Solutions.

10 May 2013

S&C Electric joins calls for UK 2GW energy storage targetp

Smart grid and energy storage specialist S&C Electric has added its weight behind calls for the UK to establish a clear target of 2GW in energy storage capacity to push forward the industry after a major funding round by the Department for Energy and Climate Change.

10 May 2013

Axion Power completes $9m private placement

Energy storage group Axion Power has completed a $9m private placement through senior convertible notes and warrants with institutional investors.

9 May 2013

Exclusive: MaRS Cleantech Fund closes in on $30m targetp

MaRS, one of Ontario’s Region Innovation Centres, is now just $5m short of the $30m target it has set for its cleantech fund Tom Rand, managing partner, told NewNet with the team hoping to close it off before the end of the year.

8 May 2013

National Grid, Costain, Highview to build UK’s first liquid air energy storage plant

National Grid, Costain, and Highview Power Storage will work together to build the UK’s first grid-scale liquid air energy storage plant at National Grid’s Grain Liquefied Natural Gas (LNG) import terminal in Kent.

7 May 2013

MaRS Cleantech Fund backs energy storage innovator Hydrostor

Canadian venture firm MaRS Cleantech Fund has invested in energy storage innovator Hydrostor, which converts surplus electrical energy to underwater compressed air and stores it for use at peak times.

3 May 2013

EOS Energy’s storage technology piloted at ConEd’s NYC plant

EOS Energy Storage’s technology is to be piloted at Con Edison’s New York City facilities from early 2014.

2 May 2013

Early-stage investor Atlas Venture closes ninth fund on $265m

Mascoma-backerAtlas Venture has reportedly closed its ninth fund – and the first raised since reorganising - on $265m.

1 May 2013

A123 Systems to fund start-ups through tech incubator

A123 Systems, the US battery maker that went bankrupt and was subsequently taken over by Chinese group Wanxiang, has launched an incubation hub to form strategic partnerships with game-changing innovators.

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