cleantech insights

Storage: Week in Review

Alon Gavrielov

The last couple of weeks were full  of energy storage activity: Leyden Energy and Aquion Energy both raised new rounds from VC’s, A123 Systems announced that it will provide a storage system for a wind installation in China, and Zinc Air reached an agreement to supply an advanced energy storage system to Juhl Wind.  For more news and information, please read below:

M&A/ Partnerships/Investments:

Lithium-ion battery start-up Leyden Energy raised $20 million in venture capital funding to help expand their production capabilities.

Zinc Air reaches agreement with Juhl Wind for the installation of a 1MW advanced Zinc Redox flow battery storage system developed by Zinc Air.

Canon Investment Holdings closes investment (initiated in September 2010) in advanced battery company Altair Nanotechnologies.

Contour Energy Systems Announces Distribution Agreement With INEC for Spain and Portugal

Aquion Energy, a developer of sodium-ion batteries, has raised $20m from investors including Kleiner Perkins Caulfield & Byers and Foundation Capital.