Shell and Cargill increase Virent Energy's funding beyond expectations in its third round.

Enphase Energy turns to other corporate venturing to join Applied Ventures in second stage of its $63m investment round.

Swisselectric forms club to fund GreenTeg's spin out.

ReVolt Technology, a Switzerland-based developer of rechargeable batteries backed by German energy company RWE's corporate venturing unit, has hired Wade Guindy as chief operating officer and executive vice president of technology.

OutSmart Power Systems, a US-based energy management developer previously backed by strategic investor Manifold Products, has raised $200,000 towards a $4m equity round.

Canada-based power producer Alberta Energy has invested C$3.35m ($3.1m) in Enerkem Technologies, a Montreal-based provider of synthetic gas and other alternative fuels.

After twice falling into bankruptcy, Think Global, a Norwegian electric-car maker, has raised a further $40m from venture capitalists and corporate venturers in what the company hopes will be its final funding round until it turns cashflow positive next year.

Solaria, a California-based developer of solar energy panels, has raised $45m in its fourth funding round but has seen a potential change in its corporate venturer backers.

US energy utility PG&E Corporation has renamed its corporate venturing unit after making its first investment since restarting the division in December.