If approved, the future of A123 System’s lithium ion battery tech will fittingly be owned by Chinese auto giant Wanxiang. China is increasingly becoming one of the most important markets for electric vehicles in the world.
Cleantech companies with effective business models still have excellent prospects, while those who don’t have a viable product to sell in the marketplace won’t be rising from anywhere.
Battery maker A123 Systems, which was awarded a sizable federal grant, has finally filed for bankruptcy protection, after bleeding cash for months. Johnson Controls will buy up some of the assets.
Nine more utilities, and three large energy vendors, announced support on Thursday for the Green Button project, which enables utility customers to download their energy consumption data with a click of a button and also use that data for energy-saving apps.
For the occasion of Siemens’ swallowing eMeter, we have pulled together our recurring smart grid acquisitions list, including the new ones we have seen in recent months.
Remaking office buildings with energy-efficient equipment can cut utility bills and give some green cred. But often, building owners don’t want to pay the large upfront cost. To help fix this problem, Serious Energy is launching a no-money-down program called SeriousCapital.
The market for electric vehicles is moving more slowly than expected. That’s why companies like Johnson Controls are focusing more heavily on “start-stop” vehicle technology, which is a system that automatically cuts off the engine of a gas-powered vehicle while it’s idling.
The automotive battery joint venture between Johnson Controls and Saft has gone sour and according to analysts with Needham & Company Johnson Controls is unhappy because the Saft deal is holding it back from the power grid battery market (and Hitachi might be a better partner).
Along with our latest gadgets, cell phones, electrical meters and cars, light bulbs and lighting systems, are increasingly getting embedded with chips, connected to wireless networks and moving into the Internet age. Here are some examples from the annual lighting convention Lightfair this week.
Greentech investment trends in the first quarter of 2011 either signal a record-setting expansion for the industry in 2011, or retrenchment in the face of economic and political headwinds — depending on how you look at the numbers.