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8th March 2010
Energy storage and clean fuel company ITM Power has signed an agreement with Dutch construction and infrastructure development company Ballast Nedam Sustainability Services for a pilot project showcasing the potential of hydrogen energy storage technology.
4th March 2010
Energy storage device manufacturer Prudent Energy president Tim Hennessy told NewNet there will be a general pullback in the energy storage space but the slowdown will not be as bad as previously anticipated.
2nd March 2010
Energy storage technology developer Prudent Energy has secured $22m in a Series C financing round led by Chinese investment firm Northern Light Venture Capital.
1st March 2010
Researchers at the University of Central Florida’s (UCF) Advanced Materials Processing and Analysis Center have verified findings by Planar Energy that the company said could lead to cost and performance improvements in large format batteries required for practical electric vehicles.
1st March 2010
China-based cleantech investment holding firm Shenzhen Goch Investment, a partner of US clean energy storage and electric vehicle company ECOtality’s joint venture in China, ECOtality China, has obtained a credit facility agreement with China Construction Bank for a credit line of RMB10bn ($1.5bn).
1st March 2010
US power generation company Titan Energy Worldwide has sold more than $1m of power generation equipment to the US government and military since the beginning of 2010, accompanied by one to three year service agreements for Titan Energy to provide maintenance and repair services for the equipment.
1st March 2010
Berlin-based clean energy storage specialist Heliocentris Fuel Cells has secured a further order for the supply of its technology to the PAEET (Public Authority for Applied Education and Training) training centre in Kuwait.
24th February 2010
US air energy storage system manufacturer General Compression (GC) has closed over $17m in commitments led by US Renewables Group (USRG) and Duke Energy to support the development of its first commercial scale unit and a future series of storage projects.
23rd February 2010
UK energy storage company Intelligent Energy has appointed Steve Hunton as group sales director.
22nd February 2010
Robert C Purcell Jr, formerly of General Motors, has agreed to become a director of Boston-Power, the US-based lithium-ion battery maker.
19th February 2010
The UK Technology Strategy Board (TSB) has awarded a £1.1m grant to a consortium made up of Ilika Technologies, Johnson Matthey, the University of Oxford and the Rutherford Appleton Laboratory.
18th February 2010
NASDAQ-listed energy storage company Valence Technology has signed a multi-year supply agreement worth up to $45m with subsidiary of sailboat builder Bénéteau Group, sailing yacht manufacturer BJ Technologie.
15th February 2010
Canadian energy storage developer Electrovaya has partnered with Canada-based Centre for Energy Advancement through Technological Innovation (CEATI International) on a $7.5m utility demonstration project.
9th February 2010
The European Bank for Reconstruction and Development’s (EBRD) board of directors has approved a €150m sovereign loan to state-owned Serbian natural gas company Srbijagas to finance the upgrade of the country’s gas transmission network and the construction of a new gas storage facility.
8th February 2010
US lithium-ion rechargeable battery developer International Battery has teamed with HNU Energy to participate in a solar power generation and energy storage project in Maui, Hawaii.
27th January 2010
AIM-listed advanced fuel cell system provider Protonex Technology Corporation, based in Massachusetts, US, has received a $1.85m contract award from the US Army CECOM to develop and deliver advanced portable battery charger and auxiliary power units (APU) fuel cell systems.
27th January 2010
Energy storage company Calmac’s CEO Mark MacCracken has been selected as chair-elect of the US Green Building Council (USGBC) board of directors for the 2010 calendar year.
25th January 2010
Solid-state energy storage company Cymbet Corporation has successfully completed the final phase of its third round of private equity financing, raising $31m. The company will use proceeds from this financing round to expand EnerChip sales and marketing initiatives globally, as well as add manufacturing capacity for its eco-friendly, EnerChip solid-state energy storage devices in response to rising customer demand.
12th January 2010
NYSE-listed clean energy storage company ZBB Energy has received a $14.685m advanced energy manufacturing tax credit.
11th January 2010
GE Transportation has received advanced manufacturing credits for the construction of a manufacturing facility to develop next generation energy storage systems.
11th January 2010
US President Barack Obama has announced awardees of the clean energy manufacturing tax credit in the American Recovery and Reinvestment Act.
3rd December 2009
Berlin-based energy storage company Heliocentris Fuel Cells is to supply two of its autonomous power supply solutions to oil company Bahrain Petroleum as well as a German university. The projects have a total volume of approximately €300,000.
2nd December 2009
French battery developer Saft has raised €120m in share capital. The share increase was 180 per cent oversubscribed, amounting to €215.4m. According to Saft, proceeds from the capital increase will primarily be used to finance the group’s two industrial projects for lithium-ion battery production in the US, and will allow the Group to increase its financial flexibility.
1st December 2009
UK battery materials company Nexeon has launched its new lithium-ion batteries. The company plans to commercialise the technology, which has the capacity for higher energy density and longer lifetime between charges, which could mean longer operating times and brighter screens for laptops, smart phones and cordless tools.
27th November 2009
Start-up energy storage technology developer SustainX has received a $5.39m award from the US Department of Energy (DOE). The award will enable SustainX to develop its technology and deploy a full-scale demonstration of its method for storing large amounts of energy using compressed air.
20th October 2009
US power cell manufacturer IdaTech has supplied 22 fuel cell systems to the US army through German OEM partner b+w. The units are to be deployed to over 12 US military sites across Germany.
29th September 2009
South Korean ultracapacitor manufacturer Nesscap has secured $9m in bridge funding from local and international investors. The round was led by London venture fund I2BF, a specialist in diversified clean energy investments in Europe, North America and Asia Pacific.
24th September 2009
Boston-Power, a provider of next-generation lithium-ion batteries, has appointed four new members to its executive team. The company said the appointments further strengthen its position as it continues to scale its operations to meet the surging global demand for its eco-certified energy storage solutions.
24th September 2009
A123 Systems has launched an initial public offering of 28,180,501 shares of its common stock at $13.50 per share.
23rd September 2009
American Superconductor Corporation, a global energy technologies company, has launched AMSC Korea to tackle growing South Korean wind energy and power grid markets.
23rd September 2009
The Canadian province of Ontario has requested electricity infrastructure delivery company Hydro One to immediately plan and implement 20 green energy transmission projects across the state.
23rd September 2009
RLtec, a UK-based smart grid technology company, has welcomed former non-executive director Peter Hughes as its new chairman.
23rd September 2009
Silver Spring Networks, a provider of smart grid solutions, has struck a deal to buy Greenbox Technology, a provider of web-based energy management software.
18th September 2009
Swiss smart metering firm Landis+Gyr, in cooperation with German software group SAP, is offering energy utilities a new dimension in the transparency and availability of energy data.
17th September 2009
UK Trade Unions are set to play an integral part in the transition to a low carbon economy and the imminent climate change takes in Copenhagen, Secretary of State for Energy and Climate Change Ed Miliband said.
17th September 2009
Pennsylvania Environmental Protection Secretary John Hanger is set to announce funding for a carbon capture demonstration project in Pittsburgh.
16th September 2009
Tendril, a creator of ecosystems for energy retailers, said its ecosystem designed to help fuel adoption of the smart grid was gaining significant momentum.
15th September 2009
US-based investment house, Battery Ventures has completed an $8m Series A investment in Rhode Island, US-based, GreenBytes, a developer of optimised data storage appliances founded in 2007.
9th September 2009
Electricity and natural gas company Xcel Energy has completed construction of its SmartGridCity project in Colorado and has launched software to make the smart grid fully functional.
8th September 2009
Power generation company Viridity Energy is participating in major projects across four US states that have been proposed to the US Department of Energy for American Reinvestment and Recovery Act funding.
3rd September 2009
Swiss smart metering firm Landis+Gyr has welcomed an EU energy package, which has come into force, as a positive move towards the development of the smart grid. The two Directives and three Regulations are the latest acts to achieve an integrated EU-wide energy market and to enhance consumer protection measures.
2nd September 2009
The UK has allocated £2.1m for a secure storage facility to house used radioactive sources from across Ukraine in a bid to remove the potential danger to public health.
2nd September 2009
Venture capital firm Walden International has closed a Series B round of financing in power management company Silicon Mitus. Financial details were not disclosed.
2nd September 2009
Oregon, US-based ReVolt Technology, a developer of rechargeable zinc-air batteries, is applying for $30m in grants from US Department of Energy under the American Reinvestment and Recovery Act to accelerate the commercialisation of its large format zinc-air batteries for energy storage and electric vehicle applications.
2nd September 2009
Control4, a developer of consumer energy management solutions, has been chosen as the HAN provider for Texas-based utility Bluebonnet Electric Cooperative.
1st September 2009
EnerG2, a Seattle, US-based company focused on introducing advanced nano-structured materials for next-generation energy storage solutions, intends to introduce a design to help broaden the ultracapacitor market in Japan.
1st September 2009
Beacon Power Corporation applied to the US Department of Energy for grants totalling $46.7m to support funding of the company’s next two 20MW flywheel energy storage plants.
28th August 2009
Mitsubishi Heavy Industries (MHI) has decided to build a commercial production verification plant in Nagasaki Prefecture and launch its operation by autumn 2010 in a move toward the company’s full-scale entry into the lithium-ion secondary battery market.
24th August 2009
Building Owners and Managers Association of Chicago has placed a proposal for a federally-funded smart grid system, according to reports.
19th August 2009
American Transmission Co., along with American Electric Power, MidAmerican Energy Holdings Co., Exelon Corp., NorthWestern Energy and MidAmerican Energy Co., is sponsoring a study of renewable energy transmission infrastructure.
James Hall-Smith of HSBC discusses the drivers behind the growth of the European renewable energy scene and the opportunities this affords to infrastructure investors and project financiers alike.
‘I think there is an increased interest from a corporate governance and sustainability perspective. This makes many institutions focus on this area. There is also a recognition of the drivers behind environmental infrastructure, from the fundamentals of creating the best opportunity to tackling climate change, whilst also looking to gain energy security and satisfy the social and political drivers.'--- 1 Comment
