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Page 172

Innogy backs Enercast

Crispin Leick, managing director of Innogy Venture Capital, says: "Enercast addresses a fundamental problem of renewable energies. Fluctuations in the feed in of wind and solar electricity lead to a burden on the grids and ultimately to a level of insecurity with regard to the supply of electricity. The more reliable forecast data is available, the better renewables can be integrated into existing grids and thus into the electricity market. "

Jul 11, 2012

ETV backs On-Ramp

On-Ramp said last month $10.1m of a planned $30m round had been raised, according to a Securities and Exchange Commission filing.

Jul 11, 2012

Aster lights up Lucibel

The venture firm backed by Alstom, Solvay Rhodia and Schneider Electric invest in the France-based light emitting diode company.

Jul 10, 2012

Xjet Solar powers up with $35m

News provider Globes said undisclosed Chinese investors were alongside Landa, which was founded in 2002 by Benny Landa, the entrepreneur behind Indigo and its sale to computer maker Hewlett-Packard (HP).

Jul 8, 2012

Solexel shines on $36.5m

Solexel lists as one of its investors Spirox Ventures, the corporate venturing unit of the eponymous Taiwan-based technology distributor

Jul 8, 2012

Sabic, VU Amsterdam heat up solar thermal deal

The Saudia Arabia-based petrochemical manufacturer and the Netherlands-based university work together to commercialise the university's technology which prevents over-heating of solar collectors.

Jul 5, 2012

Targeted Growth raises $5m

Bob Woods, the former chairman of Switzerland-based crops company Syngenta, becomes executive chairman, while Bill Kirk and Troy Fukumoto have joined the board.

Jul 4, 2012

Abound Solar feels bankruptcy's shade

In December 2010, oil major BP's corporate venturing unit had joined the consortium investing $110m in Abound.

Jun 29, 2012
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