Tag Archives: invests
BMW Invests in Electric Vehicles
BMW designers, engineers, and production line workers are working on anew generation of EVs. BMW has announced it will invest about US$560million in electric vehicle (EV) manufacturing that will lead to abroader range of EVs. BMW’s hybrid strategy was initiated as “The Vision Efficient Dynamics model” first displayed at the Frankfurt Auto Show in 2009. [...]
Applied Ventures Invests in BTi
Sydney, Australia-based BT Imaging (BTi), just announced a $3.8 million A2 funding round from Applied Ventures, the VC arm of Applied Materials (Nasdaq: AMAT) along with investors Allen & Buckeridge and Uniseed. BTi improves solar cell efficiency and manufacturing yields byapplying luminescence imaging to the manufacturing and testing ofsilicon wafers and solar cells. BTi’s luminescence-imaging [...]
Samsung Invests $15 Million in Nanosys
As part of its push into energy, Samsung has crafted an alliance with a company that was given up for dead not too long ago. The South Korean giant’s VC arm has invested $15 million intoNanosys, which specializes in nanomaterials, and the two companies willcollaborate on future products. Samsung also obtained a license forNanosys’ intellectual [...]
Central Vermont Public Service Invests in Solar Education
Central Vermont Public Service (NYSE-CV) yesterday held the opening ceremony for theirnew Rutland Town solar project and renewable energy education center.The ceremony was attended by CV President Bob Young, Gov. Jim Douglasand representatives of the Stafford Technical Center and International Brotherhood of Electrical Workers – Local 300. The education center features a hydro generation plant, [...]
Dow Corning Invests In European Solar Research Center
Dow Corning plans to invest up to $13 million in a Solar EnergyExploration/Development (SEED) center in order to expand itsEurope-based research in silicon-based materials and technologies. The SEED center will include the European Solar Solutions ApplicationCenter, which will focus on advancing the company’s technology for usein photovoltaic cells. Construction is expected to begin later thisyear. [...]
Arizona Invests in Renewable Energy Projects for Non-Profits
Non-profit organizations across Arizona are set to receive a boostfrom the state government, which is continuing to demonstrate strongleadership when it comes to renewable energy. As announced by Arizona Governor Jan Brewer earlier this week, theArizona Department of Commerce Energy Office has awarded nearly $640,000 in renewable energy project grants for 14 different non-profitorganizations statewide. Funding [...]
Solar innovator Innotech invests in Germany
The photovoltaic industry in Eastern Germany has received a furtherboost from Norwegian solar company ITS Innotech Solar. The company hasacquired land for a new investment in the Eastern German city of Halle,with plans to construct a factory to increase power of solar cells. ITSwas assisted in the investment process by Germany Trade & Invest. ITS’investment [...]
Craton Equity Partners invests in Petra Solar
Craton Equity Partners, a leading California clean technology fund, hasmade a $15 million investment commitment to Petra Solar, a clean energytechnology company that provides solar and smart grid solutions forutilities. Petra Solar’s core technology is the SunWave UPSeries, solar panel systems primarily designed for use on utility andstreetlight poles. Petra Solar’s SunWave UP Series systems [...]
DOE Invests $366 Million in Energy Innovation Hubs
The U.S. Department of Energy (DOE) announced plans to invest up to $366 million to establish and operate three new Energy Innovation Hubs focused on accelerating research and development in three key energy areas. Each Hub, to be funded at up to $122 million over five years, willbring together a multidisciplinary team of researchers in [...]