EnerVault Corp. announced the completion of a $15.5 million Series B financing, bringing total funding to date to $24.5 million. The company’s investors include Mitsui Global Investment (MGI), Total Energy Ventures (affiliate of French oil & gas major Total), 3M Company, TEL Venture Capital (the U.S. investment arm of Tokyo Electron), Commercial Energy of California, […]
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Ninth-Annual Darnell Power Forum to Cover Advanced Components, Digital Power, Energy Harvesting, PwrSiP/PwrSoC, Smart Grid, and more
An Announcement and Call for Papers has been issued for the ninth-annual Darnell’s Power Forum (DPF ’12). DPF ’12, to be hosted at the DoubleTree Hotel, San Jose, California, September 19-21, is an exciting event that focuses on “advancing power technologies that matter” for the successful development of next-generation power systems. There is tremendous synergy […]
Nitride Solutions Closes Series A, Raises $2.5M to Develop Advanced Substrates
Nitride Solutions Inc., a developer of next-generation nitride substrates for LEDs, lasers and power electronics, announced that it has closed its Series A financing. The round was oversubscribed and closed at $2.5M. Nebraska Angels and Aurora UV again joined lead investor Midwest Venture Alliance in completing the round. Nitride will use the funding to perfect […]
Sandia National Lab Researchers Find Energy Storage Solutions in MetILs
Researchers at the Sandia National Laboratories have developed a new family of liquid salt electrolytes, known as MetILs, that could lead to batteries able to cost-effectively store three times more energy than today’s batteries. The research might lead to devices that can help economically and reliably incorporate large-scale intermittent renewable energy sources, like solar and […]
PV Balance of System Market to Reach $24 Billion in 2016, According to New IMS Research Report
PV balance of system (BoS) equipment revenues are projected to increase from $17 billion in 2011 to close to $24 billion in 2016 according to a new market report from IMS Research. The report found that whilst inverters will continue to be the largest part of the market, monitoring hardware, mounting structures and tracker systems […]
FuelCell Energy Announces Cooperation With Fraunhofer IKTS to Develop European Market for Stationary Fuel Cell Power Plants
FuelCell Energy, Inc. announced a memorandum of understanding to form a German-based joint venture with Fraunhofer IKTS (Institute for Ceramic Technologies and Systems) to develop the market in Europe for Direct FuelCell(R) (DFC(R)) stationary power plants. Additionally, Fraunhofer IKTS will contribute certain assets and their expertise in fuel cells and materials science to the joint […]
3W Power Welcomes Recommended Public Takeover Offer to Their Shareholders by Andrem Power
3W Power S.A., the holding company of AEG Power Solutions, a global specialist provider of power electronic systems and solutions for industrial power supplies and renewable energies, has been informed by Andrem Power of its decision to make a voluntary public takeover offer for all outstanding shares of 3W Power. Andrem Power is a company […]
Philips Joins EMerge Alliance Board
The EMerge Alliance – an open industry association leading the rapid adoption of safe, direct-current (DC) power distribution standards for commercial buildings – announced Philips is upgrading its membership from Participating Member to Governing Member, and is now a member of the Board of Directors. This is the first expansion of the Board since the […]
CUI Global Announces Up Listing to the NASDAQ Capital Market
CUI Inc.’s parent company, CUI Global, Inc., announced that the company is now listed and trading on the NASDAQ Capital Market. In conjunction with that listing, the company has completed a $10,000,000 equity raise with the assistance of its US Investment Banker, Merriman Capital, Inc. and its London advisor, Prosdocimi Ltd. The proceeds of the […]
NAATBatt Coalition Recommends Deployment of Distributed Energy Storage Systems
A coalition of 13 leading industrial companies and electric utilities, including General Motors Company, The Dow Chemical Company and Duke Energy, issued a white paper recommending the installation of up to 300 GWh of distributed energy storage (DES) systems around the country by 2022. DES systems consist of small, stationary batteries installed in neighborhoods, buildings, […]