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14 January 2009

FuelCell Energy wins DOE contract worth $21m

FuelCell Energy has won a contract for Phase II of the US Department of Energy's Office of Fossil Energy Solid State Energy Conversion Alliance Coal-Based Systems Cooperative Agreement.

13 January 2009

University of Milan orders bioethanol fuel cell technology

Helbio, a subsidiary of Morphic Technologies, has received an order from the University of Milano for a bio-ethanol-fuelled Fuel Cell Power System.

13 January 2009

MicroPlanet strikes a distribution deal with Ergon Energy

MicroPlanet, an energy conservation company, has struck a deal with Ergon Energy for the distribution of its voltage management products across Australia.

12 January 2009

BPL Global, Choice team up to launch smart grid technology

BPL Global, a smart grid technology company, has teamed up with Brazilian company Choice, to co-market its newest software solution.

12 January 2009

Graphene Energy raises $500,000 seed investment

Graphene Energy has raised $500,000 seed investment from venture capital investors Quercus Trust and 21 Ventures. In addition, it also concluded licensing terms for graphene-based Ultracapacitor Technology from the University of Texas and The College of William and Mary in Virginia.

12 January 2009

Fallbrook Technologies closes $25m financing round

Fallbrook Technologies, a company focused on transmissions for engine and human powered devices, has completed the first close of a $25.4m funding round. NGEN III acted as lead investor, providing the fund with $10m. Robeco, the investment arm of Rabobank, supplied an extra $10m, with Windstone Capital Partners providing advisory support for the round.

12 January 2009

Duke Energy receives approval for updated costs for clean coal gasification plant

The Indiana Utility Regulatory Commission has approved Duke Energy's revised cost estimate of $2.35bn for its clean coal gasification power plant under construction in southwest Indiana, US.

9 January 2009

Obama vows to revive US economy with the help of renewables

In President-elect Barack Obama's first press conference of 2009, he addressed the need to radically change the US economy by creating a more sustainable environment which would work towards creating at least three million jobs over the next few years.

7 January 2009

A123Systems calls for $1.84bn DOE loan to produce lithium ion batteries

A123Systems has submitted an application under the US Department of Energy's Advanced Technology Vehicles Manufacturing Incentive Program to be eligible for a loan of $1.84bn to construct new lithium ion battery manufacturing facilities in the US.

7 January 2009

BPL Global signs contract with Ghanaian utility Volta River Authority

BPL Global, a smart grid technology company, has signed a five-year modern grid contract in partnership with BPL Africa, with Ghana's national utility, Volta River Authority.

7 January 2009

US business leaders urge support for sustainable energy in Stimulus Bill

In a letter delivered today, 159 US businesses and organisations - joined by 61 individual activists - urged the members of the US Senate and the House of Representatives to focus on sustainable energy technologies and green jobs, but not nuclear power and fossil fuels, when it takes up consideration of the economic stimulus bill this week.

7 January 2009

Canadian Hydrogen and Fuel Cell Association launches

The Canadian Hydrogen and Fuel Cell Association, the result of a merger between Canadian Hydrogen Association and Hydrogen & Fuel Cells Canada, has begun its operations.

6 January 2009

Obama pledges to double US renewable energy production

President-elect Barack Obama has pledged to double US renewable energy production, in a recent speech broadcast on his www.change.gov website.

6 January 2009

Octillion Corporation appoints two new members to its advisory board

Renewable energy developer Octillion Corporation has appointed Dr Stuart Brown and Brian Hendrickson to the company's advisory board.

6 January 2009

Smart grid technology could create 280,000 jobs, report

The GridWise Alliance estimates that up to 280,000 new jobs can be created through the deployment of smart grid technologies.

6 January 2009

Private equity firm Argonaut buys natural gas assets for $412m

Mid-market private equity firm Argonaut Private Equity has purchased assets from natural gas producer Chesapeake Energy in a deal worth $412m.

5 January 2009

The US Fuel Cell Councils calls for $1.2bn investment

The US Fuel Cell Council has called on Congress to take advantage of the federal laws already in place to accelerate green technology across the US, resulting in the creation of 24,000 jobs and a slow down in climate change.

2 January 2009

Enel Distribuzione sells high-voltage grid to Terna

Spanish energy company Enel, Enel Distribuzione and Terna have forged a deal for the sale of the total share capital of Enel Linee Alta Tensione (ELAT), a wholly-owned subsidiary of Enel Distribuzione to Terna for €1.15m.

29 December 2008

Beacon Power Corporation finalises $4.1m transaction

Energy storage company Beacon Power Corporation has finalised the sale of 8,966,000 units to three investors for $0.50 per unit.

22 December 2008

Evonik Industries, Daimler launch lithium-ion technology for batteries

Evonik Industries and Daimler are developing lithium-ion technology for battery cells and battery systems in Germany.

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