GM Ventures Makes Strategic Investment in Envia Systems

The press release states, “General Motors Ventures LLC invested $7 million in Newark, Calif.-based Envia Systems to provide GM’s battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia’s advanced cathode material for future [...]

GE Capital, NRG Energy, ConocoPhillips form JV

According to the press release, “Three major American energy corporations – GE (NYSE: GE), NRG Energy, Inc. (NYSE: NRG) and ConocoPhillips (NYSE: COP) – are joining forces to become the premier investor and commercial collaboration partner for emerging and innovative energy technology companies. The companies have committed $300 million in capital to the new joint [...]

EnerNOC Acquires M2M Communications

Press release states, ” EnerNOC, Inc. (NASDAQ: ENOC) today announced that it has acquired M2M Communications, a leading provider of wireless technology solutions for energy management and demand response. M2M manages hundreds of megawatts of demand response capacity throughout the United States and has contracts with leading utilities including Pacific Gas and Electric, Idaho Power, [...]

Bord Gáis Energy commits €2million to OpenHydro

OpenHydro, the Irish tidal renewable energy company and Bord Gáis Energy have concluded an agreement for Bord Gáis Energy to become a shareholder in OpenHydro. In addition to the investment, OpenHydro and Bord Gáis Energy have formed a joint venture focused on the development of a utility scale tidal farm off the coast of Ireland. [...]

GE buys Lineage Power from The Gores Group

According to the press release, “GE (NYSE: GE) today announced it has signed an agreement to acquire privately-held Lineage Power Holdings, Inc., from The Gores Group, LLC. Lineage Power is a leading global provider of high-efficiency power conversion infrastructure technology and services for the telecommunications and datacenter industries. The deal will open the door for GE [...]

Abound Solar closes $400 million loan guarantee from US DOE and $110 million equity investment

Press release states, “Abound Solar, a manufacturer of next-generation, cadmium telluride, thin-film photovoltaic solar modules, today announced that it has closed on a $400 million loan guarantee from the U.S. Department of Energy (DOE) to fund the expansion of the company’s manufacturing capacity. The company also announced that it has raised an additional $110 million [...]

Soladigm Secures $30 mil from investors

The press release states, “Soladigm, a developer of highly energy-efficient Dynamic Glass for next-generation buildings, announced today that it has secured $30 million in Series C equity financing. Combined with previously announced Mississippi state manufacturing financing and other arrangements, the funding will allow Soladigm to build and launch high-volume commercial operations and develop sales and [...]

EnerNOC Enters into Agreement to Acquire Global Energy Partners

According to EnerNOC’s press release, “EnerNOC, Inc. (NASDAQ: ENOC) today announced that it has entered into a definitive agreement to acquire Global Energy Partners, an industry leader in designing and implementing utility energy efficiency and demand response programs. Through this acquisition, EnerNOC will expand its addressable market and will be able to deliver a broader, [...]

Solazyme and Roquette Sign Agreement to Create Global Nutritional Joint Venture

According to the press release, “Solazyme, Inc. the California-based leader in renewable oil and bioproducts and Roquette Frères, the global starch and starch-derivatives company headquartered in France, today announce that they have signed a joint venture (JV) agreement for the production, commercialization and market development of microalgae-derived food ingredients, subject to regulatory approvals and notifications. [...]

Germany to raise bioethanol content in gasoline

According to Reuters, “the German cabinet on Wednesday approved a proposal to raise the maximum level of bioethanol allowed in blended gasoline to 10 percent from 5 percent now, the government said in a statement. The change will take place from January 2011, the statement said. Analysts said on Monday the increase would help boost [...]

Yingli Green Energy Announces New 700 MW Capacity Expansion Projects

According to the press release, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced its new 700 MW capacity expansion projects to be located [...]

US Bur. Land Mgmt approves Brightsource Energy’s Ivanpah Solar Electric Generating System

According to the press release, “BrightSource Energy, Inc., developer of utility scale solar power plants, today announced that the U.S. Bureau of Land Management (BLM) issued its Record of Decision (ROD) for the company’s Ivanpah Solar Electric Generating System. With today’s BLM decision, the Ivanpah project now has all of the necessary permits to commence [...]

Exelon Expanding Into Wind Generation with Acquisition of John Deere Renewables

According to the press release, “Exelon Corporation today announced an agreement to acquire John Deere Renewables, a leading operator and developer of wind power, in a transaction that will add 735 operating megawatts of clean, renewable energy to Exelon’s generation portfolio, as well as an additional 230 megawatts in advanced stages of development. The acquisition, [...]

Former Bridgelux CEO Mark Swoboda Takes the Reins at Intematix

According to the press release, “Intematix, a leading innovator of patented phosphors for high quality LEDs, today announced the appointment of Mark Swoboda as chief executive officer. Swoboda, one of the LED industry’s most successful leaders, has been a pioneer in lighting with a track record that spans 27 years. Swoboda will guide Intematix as [...]

Cosan and Shell sign joint venture

According to the press release, “London and São Paulo, August 25, 2010 – A US$12-billion joint venture between Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) moved closer to reality today when the two companies signed binding agreements. The proposed joint venture, which still requires regulatory approval, will produce and commercialize ethanol and [...]

Silver Spring Networks Announces Contract Extension with FPL

According to the press release, “Silver Spring Networks, a leading Smart Grid solutions provider, announced today a multi-year extension of its agreement to provide managed services to Florida Power & Light Company (FPL), the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. Under the terms of the [...]

Japan to subsidize energy-efficient plants: report

According to Reuters, “Japan’s government plans to subsidize domestic plants producing clean-energy and energy-efficient goods under steps to support the slowing economy, the Nikkei newspaper said, as the murky outlook keeps firms from boosting spending at home. A strong yen is putting additional pressure on Japan’s fragile economy, which is already seeing slowing growth and [...]

Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer

According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]

GM and Bright Automotive Announce Strategic Relationship

According to the press release, “Bright Automotive and General Motors Co.  announced Tuesday they have agreed to pursue a strategic relationship and that GM has  provided funding to the Indiana automaker, the first  funding action by the newly formed General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, a revolutionary [...]

Finavera Renewables Signs $7.5 million Joint Development Agreement with GE Energy

According to the press release, “Finavera Renewables Inc. (‘Finavera Renewables’ or the ‘Company’) (TSX-V: FVR) is pleased to announce it has entered into a project development partnership with GE Energy, a business unit of GE. Under the terms of the Joint Development Agreement (JDA), GE will provide Finavera Renewables with project development funding up to [...]

U.S. Commerce Secretary Gary Locke Kicks Off Clean Energy Biz Dev in Hong Kong

According to the press release, “U.S. Commerce Secretary Gary Locke arrived in Hong Kong today for the first stop of a clean energy business development trade mission to promote exports of leading U.S. technologies and services related to clean energy, energy efficiency, and electric energy storage, transmission and distribution. The mission will continue through May [...]

Molycorp Announces Plans for an Initial Public Offering

According to the Press Release, “Molycorp, Inc., whose wholly owned subsidiary, Molycorp Minerals, LLC, is a U.S. rare earth producer and technology company, today announced that it plans to file a registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering of its common stock. The filing of such [...]

Amyris Biotechnologies Secures Investment from Temasek Holdings

According to the Press Release, “Amyris Biotechnologies, Inc. announced today that Temasek Holdings has invested $47.8 million into the company. Amyris intends to use these funds to support commercial plant design and construction activities as well as ongoing operations in the U.S. and Brazil. “We are privileged to welcome Temasek as a significant investor, and [...]

TD Bank Goes Carbon Neutral

Last month, TD Bank announced itself as the largest bank to go carbon neutral in the United States. To achieve this TD Bank has built greener buildings with lower energy consumption and invested heavily in renewable energy. TD bank has also pledged to develop LEED(Leadership in Energy and Environmental Design) certified stores throughout the nation. [...]

Carbon traders fear pink slips

Reuters reports that, “Wall Street was supposed to become the capital of a global carbon trading market worth a trillion dollars a year but now many who thought green trading desks would be the next big thing are fearing the pink slip. U.S. banks had looked forward to a huge “cap-and-trade market” a system where [...]

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