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 [...]

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 [...]

British Columbia’s Largest Wind Farm Starts Generating Energy, Plutonic and GE Report

The press release states, “Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that their jointly owned Dokie Wind Project, British Columbia’s largest wind farm, has begun generating electricity. GE Energy Financial Services and Plutonic acquired and resumed construction of the project a year ago. Since [...]

GE and Better Place Partner to Accelerate EV Infrastructure Deployment

According to the press release, “GE  and Better Place, a leading electric vehicle (EV) services provider, today announced a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development, battery financing, joint fleet electrification programs and consumer awareness. The partnership combines GE’s global [...]

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 [...]

Trilliant Raises $106 Million of Capital

According to the press release, “Trilliant Incorporated, a leader in delivering Smart Grid solutions that enhance energy efficiency, utility operations, and renewable resource integration, today announced that it has closed financing totaling $106 million from a global syndicate of industry and financial leaders. The financing round was led by two highly-respected financial investors, Investor Growth [...]

GE, Petrobras Using Sugarcane-Based Ethanol to Produce Electricity

According to Press Release, “As further evidence of their commitment to renewable energies, GE (NYSE: GE) and Brazil’s federal energy company, Petrobras, today celebrated the world’s first use of sugarcane-based ethanol in a gas turbine system to produce electricity on a full commercial scale. The operation, at the Juiz de Fora Power Plant, is a [...]