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30 December 2010

Xtreme Power, Xcel Energy, SolarTAC look into utility-scale solar storage

Energy storage provider Xtreme Power and US utility Xcel Energy plan to install a 1MW system to collect operational data on the integration of energy storage and solar energy systems at the Solar Technology Acceleration Centre (SolarTAC).

6 December 2010

China Valves Technology secures Dongfang hydropower valve order

Chinese metal valve manufacturer China Valves Technology has secured a $15m order for pumped energy storage ball valves and hydraulic turbine pumped storage inlet valves from Chinese power station contractor Dongfang Electric, as it prepares to establish a development centre to capture the hydropower market.

6 December 2010

Energy storage company Beacon Power extends Nasdaq listing

Nasdaq has granted an extension of US energy storage developer Beacon Power’s listing on the Nasdaq Capital Market exchange.

1 December 2010

Fiat design chief joins hydrogen car company

Christopher Reitz, who headed the design team at Fiat and then Alfa Romeo, has moved to UK-based hydrogen car developer Riversimple.

30 November 2010

Nanosys seals distribution deal for silicon energy storage technology

Technology vendor Sigma-Aldrich has agreed to distribute advanced materials developer Nanosys’ silicon nanowires to researchers for the development of new energy storage technology.

25 November 2010

A123 Systems CFO to leave company in early 2011

A123 Systems, a developer and manufacturer of advanced nanophosphate lithium-ion batteries and systems, will lose its CFO and vice president of finance and administration, Michael Rubino, in mid-January 2011.

25 November 2010

Coda and Essex Credit partner to provide electric vehicle financing

Coda Automotive and Essex Credit have reached a preliminary agreement to provide financing for customers of the 2011 electric Coda Sedan.

19 November 2010

SAIC takes $500m stake in GM, plans to advance new energy vehicles

SAIC Motor, one of China’s biggest vehicle makers, has bought General Motors shares totalling $500m, just weeks after the pair announced they were to collaborate on new energy vehicles.

18 November 2010

Toyota details ‘eco-car’ strategy

Automaker major Toyota has set out details of its strategy to develop ‘eco-cars’ powered by new technologies including solid state batteries and hydrogen.

17 November 2010

Autodesk sees strong green building awareness in retail sector

Engineering and 3D design specialist Autodesk told NewNet it is experiencing great awareness from the retail sector with regards to the challenges and opportunities greening buildings can present.

16 November 2010

International Battery secures grant to develop bulk energy storage

US lithium-ion cell manufacturer International Battery has secured an $800,000 grant from the Pennsylvania Energy Development Authority (PEDA) to design and manufacture a bulk energy storage system.

15 November 2010

Tarmac to join hydrogen trials

Building materials supplier Tarmac, the UK's largest quarrying company, will take part in a trial of fuel cell developer ITM Power's Hydrogen On-Site Testing (HOST) programme.

10 November 2010

Heliocentris raises €2.7m in share issue

Germany-based clean energy storage specialist Heliocentris Energy Solutions has completed a private placement and subscription rights issue.

9 November 2010

Energy storage company Beacon Power slips further into loss, increases working capital

Nasdaq-listed energy storage developer Beacon Power has increased its net loss year-on-year to $5.5m from $4.1m, its third quarter financial results show.

5 November 2010

California attracts foreign investment into renewable energy

The World Trade Center Association Los Angeles (WTCA) has signed an agreement with the German city of Berlin to develop renewable energy projects, in a move to attract foreign investment into the US state of California.

5 November 2010

Sharp finalises Recurrent Energy acquisition

Electronics and solar cell producer Sharp has completed the acquisition of Recurrent Energy, a solar project developer and generating company.

1 November 2010

Russia partners with US lithium ion battery maker Ener1 on Olympic Games energy storage

US lithium ion battery maker Ener1 will co-develop energy storage systems with the Russian Federal Grid Company (FGC) under a nationwide grid modernisation programme funded by the Russian government.

1 November 2010

Energy management device keeps solar power in the home

An energy management device launched by Clean Power Solutions can divert solar power from being sent straight to the UK’s National Grid and instead make sure it is used in property where it is located, the company’s commercial director told NewNet.

1 November 2010

Singapore agency awards funding to develop low-cost EV battery systems

Singapore's Agency for Science, Technology and Research (A*STAR) has awarded funding to develop a new battery management system for electric vehicles.

26 October 2010

Air Liquide’s growth buoyed by heavy industry hydrogen and specialty chemical sales

Hydrogen and specialty gas giant Air Liquide’s overall group revenues rose 6.4 per cent year-over-year on the back of large industry activity growth in all regions and an increase in hydrogen and specialty chemical sales. The company was also contracted on several key high investment volume projects during the period, which spurred further revenue rewards.

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