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Posts Tagged ‘energy storage’

16 December 2011

AIB Seed Capital Fund invests in energy storage company Red-T

greenbattery_170sq1 The AIB Seed Capital Fund, managed by Dublin Business Innovation Centre, has led an investment into Red-T, a developer of flow battery technology.

8 December 2011

Vattenfall commences work on wind-to-hydrogen project

Swedish energy company Vattenfall has commenced research on a project that uses a hybrid power plant to convert wind energy into hydrogen, which can then be used to generate electricity and also as fuel for cars.

25 November 2011

NewNet Investor Profile: Evelyne White, The Riverside Companyp

With its broad sectoral focus, global private equity firm The Riverside Company has built a reputation as one of the most active investors in the lower mid-market. Alongside a historic interest in sectors such as healthcare and communications, the firm is looking to build its presence as a clean energy investor, as the increase in activity and opportunities there makes it hard to ignore, according to Evelyne White, cleantech specialist at the firm.

18 November 2011

Energy efficiency and storage offers promising investment opportunity, says expertp

Energy efficiency is becoming an increasingly significant aspect in the cleantech revolution and UK government programme the Green Deal, set to come into force next year, will catalyse this market even more.

16 November 2011

Smart grid investment strategy needs rethink on prioritiesp

This has been a quiet month for positive smart grid news, no sensational announcements on the financial and M&A front that promise to unleash more funds or technological developments, writes Allan McHale, author of smart grid blog Memoori.

16 November 2011

E.ON creates hydrogen storage system for renewables

European energy company E.ON is set to embark upon a €5m pilot project in north-east Germany to convert electricity produced by wind turbines into hydrogen that can be stored in the country’s gas grid.

4 November 2011

Update: Bankrupt energy storage company open to survival optionsp

A high-profile US company that went bankrupt amid the Solyndra shockwaves has said it is looking at ways to ensure its survival.

3 November 2011

US cleantech VC deals shoot up in Q3p

US venture capital investment in cleantech companies witnessed a dramatic increase in the third quarter of 2011 compared to the same period last year, rising 73 per cent to $1.1bn, according to the latest figures.

1 November 2011

Latest bankruptcy likely to lead to sell off of assetsp

A second government-aided cleantech company has gone under in the US and has declared $72m in assets that are likely to be sold off going forward.

28 October 2011

Saft provides energy storage system for Solon test facility

US battery manufacturer Saft has been contracted by European photovoltaic developer Solon to supply a lithium-ion battery for its energy storage management research and testing site in Arizona.

28 October 2011

AES inaugurates wind farm with 32MW storage solution

Subsidiaries of the US-based AES Corporation have completed the installation of a 98MW wind farm with integrated 32MW battery-based energy storage system in West Virginia.

27 October 2011

East Penn completes energy storage solution at New Mexico solar plant

US battery producer East Penn Manufacturing has completed installation of an energy storage and regulation solution integrated with a 500kW solar plant in Albuquerque, New Mexico.

24 October 2011

Acta gets funding for hydrogen storage facility

Clean energy-focused Acta has received funding to build the world’s first integrated solar powered pilot plant for the simultaneous production of hydrogen and magnesium from seawater.

12 October 2011

Mitsui leads $29.5m investment into energy storage company Prudent

Energy storage company Prudent Energy has raised $29.5m, led by Japanese giant, Mitsui & Co, alongside Vangoo Investment Partners, Idinvest Partners, Asia Clean Energy and an unnamed Korean investment group.

7 October 2011

Contour raises $20m through Series C fundraising

Battery3_170SQ US battery specialist Contour Energy Systems has raised $20m through Series C fundraising with Singapore-based global fund EDBI acting as lead investor.

7 October 2011

Clean Urban Energy appoints new senior vice president

Energy storage and smart grid developer Clean Urban Energy has appointed Steve Schaefer as senior vice president of corporate development.

5 October 2011

First solar plant with storage technology officially inaugurated in Spain

Gemasolar_170SQ The world’s first solar thermal facility with integrated storage capacity has been officially opened in Spain.

30 September 2011

China completes utility-scale energy storage solution

One of the world’s largest utilities, the China South Power Grid, has completed construction on a huge iron-phosphate battery system capable of charging or discharging more than 12MW hours or 3MW continuously for four hours off or onto the electricity distribution network.

29 September 2011

Energy storage association created in Europe

A new energy storage association has been created in Europe aimed at promoting the ways the technology can be deployed across the continent’s grid systems.

29 September 2011

3M, Umicore expand battery distribution partnership

US technology innovators 3M and materials developer Umicore have entered into a second licence agreement to expand the use of nickel, manganese and cobalt cathode materials in lithium-ion batteries.

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