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27 February 2012

BASF invests in new plants, sets ambitious green targetsp

plantgrowth_170_170 Chemicals giant BASF told NewNet that it will look to improve the energy efficiency of its production processes by 35 per cent before 2020 as it invests in new plants.

23 February 2012

Community energy storage provides ‘huge’ market potentialp

Over the next decade it is estimated that $4.2bn will be invested worldwide in the installation of community and residential energy storage systems.

23 February 2012

US energy storage company EnerVault raises $15.5m

US energy storage company EnerVault has secured investment worth $15.5m through Series B fundraising.

23 February 2012

US security lab on hunt for energy storage proposalsp

A national security-focused research body in the US has launched a request for information as it looks to establish alliances with pioneers in the energy storage sector.

22 February 2012

Aquion Energy chooses Pennsylvania as manufacturing base

US energy storage specialist Aquion Energy has selected a site in Pennsylvania for its first full-scale manufacturing plant.

22 February 2012

Liquid air engine innovator reveals growth capital needsp

A privately-owned energy storage company has revealed it is looking to raise £1.6m in growth funding to commercialise its liquid air engine technology.

17 February 2012

Saft brought in to support New York smart grid project

NYC_170SQ French energy storage company Saft has been contracted by Green Charge Networks to support a $92m smart grid demonstration project being developed in New York.

13 February 2012

A123 to supply energy storage solution to Northern Powergrid

US energy storage company A123 Systems has been contracted by UK electricity distribution network operator Northern Powergrid to supply six grid battery systems.

8 February 2012

Chinese deals sought by Middle Eastern investorp

China-flag1_170SQ A Middle Eastern investment firm will reportedly look to source Chinese fuel cell and water treatment deals over the coming months.

8 February 2012

US cleantech start-up reveals capital raise intentionsp

dollar_army_170_170 A US start-up has told NewNet that it will look to secure strategic investment from either the cleantech private equity sector or a corporate partner.

7 February 2012

Suzuki, Intelligent Energy form fuel cell JV

greenbattery_170sq1 Global cleantech developer Intelligent Energy has formed a joint venture with Japanese car giant Suzuki to develop and produce air-cooled fuel cell systems for a range of industrial sectors.

6 February 2012

Rockland Capital purchases Beacon Power assets

The majority of assets owned by bankrupt US energy storage developer Beacon Power have been acquired by private equity firm Rockland Capital, for a combination of cash and a promissory note totalling $30.5m.

19 January 2012

Khosla leads $7.7m Series A round for Varentec

dollars1701 Green technology start-up Varentec has closed a $7.7m Series A funding round led by Khosla Ventures.

19 January 2012

Nissan to provide second life to EV batteries

The North American division of Japanese car-maker Nissan has partnered with ABB, 4R Energy and the Sumitomo Corporation of America to evaluate the reuse of lithium-ion battery packs that power the Nissan Leaf electric vehicle.

18 January 2012

India cleantech fund to launch in Marchp

india_map_170_170 An India-based cleantech venture capital fund is set to launch by March and has set a fundraising target of $100m.

13 January 2012

BASF invests $50m into Sion Power

German chemical giant BASF has made a $50m equity investment into US energy storage company Sion Power.

12 January 2012

PowerGenix enters Chinese market through JV with state company

US energy storage company PowerGenix has formed a joint venture with the Chinese government's China City Construction Corporation to develop, manufacture and sell advanced batteries for the automobile and other markets.

10 January 2012

Gussing Renewable, ClearEdge sign $500m fuel cell deal

dollar_army_170_170 Gussing Renewable Energy has selected onsite power systems developer ClearEdge Power to achieve its goal of producing of producing 50MW of clean energy from fuel cells in Austria by 2020 in a $500m agreement.

5 January 2012

Axion wins energy storage contract as part of US Navy project

US energy storage company Axion Power has been contracted to provide a battery solution from SilTek for a zero energy building at a Washington DC naval yard.

3 January 2012

BYD opens 36MWh Chinese energy storage facility

Chinese electric vehicle manufacturer BYD and the State Grid Corporation of China have completed construction of a utility-scale renewable energy and battery facility in Hebei province, east China.

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