cleantech
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.
http://www.businesswire.com/news/home/20110803005570/en/Leyden-Energy-Receives-20-Million-Series-Financing

Zinc Air reaches agreement with Juhl Wind for the installation of a 1MW advanced Zinc Redox flow battery storage system developed by Zinc Air.
http://www.marketwatch.com/story/juhl-wind-inc-announces-agreement-with-zinc-air-for-installation-of-a-mega-watt-scale-advanced-storage-system-at-the-woodstock-hills-minnesota-wind-farm-2011-07-26

Canon Investment Holdings closes investment (initiated in September 2010) in advanced battery company Altair Nanotechnologies.
http://www.marketwatch.com/story/altair-nanotechnologies-closes-canon-investment-transaction-2011-07-25?reflink=MW_news_stmp

Contour Energy Systems Announces Distribution Agreement With INEC for Spain and Portugal
http://www.businesswire.com/news/home/20110801005515/en/Contour-Energy-Systems-Announces-Distribution-Agreement-INEC

Aquion Energy, a developer of sodium-ion batteries, has raised $20m from investors including Kleiner Perkins Caulfield & Byers and Foundation Capital.
http://venturebeat.com/2011/07/22/aquion-energy-20-million/

Share/Bookmark