NVCA Webcast: Monitoring Portfolio Performance
As venture firms and their portfolio companies navigate this economic downtown, it is increasingly important to closely monitor the performance of each company. Join us for this interesting and useful discussion Nov. 21 at noon EST.
The week’s global cleantech deal & IPO roundup
GDF Suez buys U.S. renewable energy firm
£39 million acquisition could strengthen French energy provider in Latin America and carbon credit market.
Solar Technologies FZE setting up shop in Dubai
The newly established company is starting work on a 130 megawatt manufacturing facility.
Hyundai plans fuel-cell car for 2012
South Korea‘s largest automaker expects commercial production of the fuel-cell vehicle three years after its planned hybrid-electric car.
UTC Power fuel cells heading to South Korea
Samsung Everland will install 12 UTC Power fuel cell systems at a GS Power plant in Anyang.
Oki Electric starts power supply production in Thailand
The company says its new amorphous power supply unit is more efficient than standard systems.
Forscot scraps £1B biomass plant
Funding difficulties stall plant that was planned to produce energy, paper and pulp in Scotland.
Germany eases biofuel-blend rule
Germany cites rising food costs and danger to older vehicles in deciding to cut back biofuel requirement for 2009 to 5.25 percent.
Concentrix, Abenoga connect solar plant to Spanish grid
Companies say the 2 MW facility is the first to combine silicon flat modules and concentrator PV modules on a tracking system.
Drax, Siemens plan £2B biomass venture
Three 300-MW biomass plants are expected to be among the largest in the world as Drax looks to reduce the environmental impact of its massive coal-fired power plant.
Enfora, Elektromed in smart meter deal
Texas-based Enfora will supply its intelligent wireless solution to Turkish meter manufacturer Elecktromed.
Desalination gets a boost in Texas
The University of Texas at El Paso is teaming up with the local utility and the U.S. Army to research new water technologies.
CPower expands demand-response market
The company formerly called ConsumerPowerline is working with utilities to pay commercial and industrial customers to make energy-efficiency improvements.
Arcadia gets $15M for agriculture tech
California biotech company developing salt-tolerant plants that need less water and nitrogen while providing more nutrients.
Magna buys BluWav Systems
Michigan‘s BluWav is a developer and supplier of systems for hybrid and electric vehicles.
UOP gets funding for biomass oil project
The U.S. Department of Energy is putting up $1.5 million for the project to stabilize pyrolysis oil.
North Carolina landfill going solar
Progress Energy Carolinas will buy power from a one megawatt solar plant to be built on a former landfill
Hong Kong Highpower building new battery plant
Construction of the new facility in Huizhou is expected to be completed during the fourth quarter of 2009.
Intel puts more cash into cleantech
The chipmaker‘s investment group makes its first cleantech moves in China, funding thin-film solar and energy storage.
Viaspace buys rights for biofuel grass in China
$16 million acquisition of Inter-Pacific lets Viaspace produce and sell fast-growing hybrid grass for biofuel feedstocks.
China Sunergy inks deal with Japanese ingot maker
Solar-cell manufacturer says deal could insulate it from the volatile spot market for silicon.
Solar EnerTech completes second Shanghai plant
The new solar-cell line doubles the company‘s production capacity to 50 MW to expand its reach to Europe, North America and Asia.
Timken starts work on China plant
The new factory will produce ultra-large bore bearings for large scale wind turbines.
Envirofit ramps clean-cooking line for India
Nonprofit plans tenfold increase in production of cookstoves that reduce emissions and use less fuel than conventional products.
Indian refiner to bottle water from fuel-cell plant
Bharat Petroleum plans to use purified water byproduct to break into Rs. 1,250 crore-bottled water market.
Indian group plans farm of 5B jatropha trees
CPJ plans to produce 2 million tons of biodiesel a year and replicate the project in Africa and South America.
Trans-India grabbing Solar Semiconductor
The blank check acquisition firm plans to invest $30 million to expand Solar Semiconductor‘s operations.