Solarfun Appoints New Board Member

SHANGHAI--Solarfun Power Holdings Co., Ltd. (“Solarfun”) (NASDAQ: SOLF), a vertically-integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules based in China, announced the appointment of Dr. Philip Comberg as an independent member of the Board of Directors. The Chairman of Solarfun, Yonghua Lu, commented, “We are pleased to have Dr. Comberg join our Board of Directors. We believe his extensive experience in investments and corporate finance, and also in China-focused corporate law and corporate governance will be beneficial to our company. We are grateful to our shareholder, Good Energies, which provided invaluable assistance in helping the company identify and recruit such a high quality candidate to our Board." Dr. Philip Comberg is a founding partner of Alcosa Capital GmbH & Co KG, a Frankfurt based special situations investment firm that was founded in 2003. Alcosa Capital focuses on control investments in companies and Dr. Comberg has specialized in investments and turnarounds in the logistics, financial services and wholesale industries. Link. Chart.

VeraSun Energy Names Danny Herron President

Brookings, S.D., - VeraSun Energy Corporation (NYSE: VSE), one of the nation’s largest ethanol producers, announced the appointment of Chief Financial Officer Danny Herron to the additional post of president, effective Jan. 1, 2008. The appointment was unanimously approved by the company’s board of directors. Herron replaces Don Endres, who will remain as the company’s CEO. Link. Chart.

Pacific Ethanol Announces Appointment of Larry D. Layne to Its Board

Sacramento, CA, -- Pacific Ethanol, Inc. (NASDAQ GM: PEIX), the largest West Coast-based marketer and producer of ethanol, announced the appointment of Larry D. Layne to its board of directors. Mr. Layne is the retired Vice Chairman of Sanwa Bank in California. His 37-year tenure at Sanwa Bank and its predecessor, Lloyd"s Bank California, included heading the Commercial Banking Group and serving as Chairman of the Board of The Eureka Funds, a family of investment funds with total assets of $900 million. Link. Chart.

APX Announces Investment Deal with Goldman Sachs

SANTA CLARA, Calif.--APX, Inc., a leading infrastructure provider for environmental and cap-and-trade markets, is pleased to announce the signing of an agreement in which Goldman Sachs will become a new investor in the company. The consummation of the transaction is subject to regulatory approvals and other conditions. Link.

JA Solar Promotes Dr. Qingtang Jiang to Acting CTO

HEBEI, China, -- JA Solar Holdings Co., Ltd. ("JA Solar," "the Company") (Nasdaq:JASO) appointed Dr. Qingtang Jiang as acting CTO in addition to his current responsibility as Vice President, Operations. Dr. Jiang will be responsible for the Company's technology strategy and roadmap as well as leading technology development. Dr. Jiang has more than 15 years technology management experience. Prior to joining JA Solar, Dr. Jiang was Vice President of Technology at Huahong NEC Semiconductor Corporation. He has a Ph.D. Degree in physics. Link. Chart.

Rentech Announces Appointment of Ron Sega to Its Board

LOS ANGELES--Rentech, Inc. (AMEX:RTK) is pleased to announce that it has appointed Ronald M. Sega, Ph.D. to the Company's Board of Directors effective immediately. Dr. Sega currently serves as Vice President for Applied Research with the Colorado State University Research Foundation. He also serves as the Woodward Professor of Systems Engineering at Colorado State University's College of Engineering. In addition, he serves as Special Assistant to the University's Vice President for Research. Link. Chart.

Imperium Renewables Announces CEO Transition

SEATTLE -- Imperium Renewables announced the transition of Martin Tobias from his roles as CEO of the company and chairman of its Board of Directors. Imperium’s Board has appointed founder and current president John Plaza as interim CEO and current director Nancy Floyd as chairman. Link.

Range Fuels Appoints Rick Winsor President and Chief Operating Officer

PALO ALTO, Calif. & BROOMFIELD, Colo.--Range Fuels, Inc., a company focused on green energy and the production of cellulosic ethanol, announced that Rick Winsor has joined the company as president and chief operating officer. Winsor brings to Range Fuels a 35-year proven track record building and operating billions of dollars of energy infrastructure projects. At Range Fuels, Winsor will assume responsibility for the company’s efforts to develop cellulosic ethanol plants in the US and around the world, reporting to CEO, Mitch Mandich. Link.

5N Plus Inc. Completes $62 Million Initial Public Offering

Montréal, Québec – 5N Plus Inc. (TSX: VNP) today completed its previously announced initial public offering and secondary offering of 20,671,801 common shares at a price of $3.00 per share, for total proceeds of $62 million. The Company’s common shares commenced trading today on the Toronto Stock Exchange under the symbol “VNP”. At closing, 5N Plus issued 10,000,000 common shares from treasury, for gross proceeds to the Company of $30 million. The net proceeds from the treasury offering will be used by 5N Plus primarily to: (i) fund the construction of its new 40,000 square-foot manufacturing facility in Eisenhüttenstadt, Germany, intended to increase the Company’s annual cadmium telluride production capacity; (ii) fund various capital expenditures at its Montreal facility; and (iii) repay the Company’s bank loan and a portion of its long-term debt. The balance of the net proceeds from the treasury offering will be used by 5N Plus for general corporate purposes and working capital. Link.

FuelCell Energy Appoints New Director to Its Board

DANBURY, Conn., -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency, ultra-clean power plants for commercial, industrial, municipal and utility customers, announced the appointment of Christof von Branconi, 47, EVP and COO of Tognum AG's Onsite Energy Systems & Components Division, to its Board of Directors. Mr. von Branconi joins FuelCell Energy's Board as Mr. Michael Bode, CEO of CFC Solutions GmbH (a wholly-owned subsidiary of the Tognum Group), retires from the Board after 14 years of service. Link. Chart.

Optimal Technologies Names Winston Hickox to Board of Directors

RALEIGH, NC -- Optimal Technologies International Inc. announced that Winston Hickox, an industry veteran with unparalleled experience in environmental policy and regulation, has joined its Board of Directors. As a clean technology and environmental policy expert, Winston Hickox was chosen to join Optimal based on his clear understanding of the environmental impact of power generation and his commitment to making power production more efficient in order to lower greenhouse gas emissions. Link.

Pacific Ethanol Appoints Joseph Hansen As Chief Financial Officer

Sacramento, CA —Pacific Ethanol, Inc. (NASDAQ GM: PEIX), the largest West Coast-based marketer and producer of ethanol, announced the appointment of Joseph Hansen as Chief Financial Officer, effective January 2, 2008. Link. Chart.

First Solar Hires John Gaffney as Executive Vice President and General Counsel

PHOENIX, -- First Solar, Inc. (Nasdaq:FSLR) announced today that John Gaffney will join the company as its Executive Vice President and General Counsel, effective January 15, 2008. Mr. Gaffney will lead First Solar's legal, corporate development, government affairs, and corporate communications activities and will report to Mike Ahearn, Chief Executive Officer of First Solar. Mr. Gaffney, a partner at Cravath, Swaine & Moore LLP, has been a key advisor to First Solar, including having represented First Solar in its initial public offering. Link. Chart.

Rothwell, Wolf Elected To Codexis Board

Redwood City, CA - Codexis, Inc., a leading developer of clean technology manufacturing processes, today announced two new directors have been named to the company’s Board of Directors. Joining the Board are Bill Rothwell, Ph.D., Vice President of Innovation and Chemicals Technology, Shell Global Solutions, a unit of Royal Dutch Shell plc and Dennis Wolf, Executive Vice President and CFO, MySQL, a leading open source database company. Link.

PowerSecure International Appoints New Chief Financial Officer

WAKE FOREST, N.C.-- PowerSecure International, Inc. (NASDAQ:POWR) is a leading provider of energy management and conservation solutions to utilities and their commercial, institutional, and industrial customers. Sidney Hinton, president and chief executive officer of PowerSecure International, Inc., announced that Chris Hutter has been appointed the company's chief financial officer. He replaces Gary Zuiderveen, who has been named to the new position of vice president of financial reporting and will continue to serve as the company's controller and principal accounting officer. Hutter, whose appointment was effective yesterday, can be reached at the company's Wake Forest headquarters at 919-453-1760. Link. Chart.

OPX Raises $3.6M in Venture Funding and Appoints Robert Chess Chairman and CEO

BOULDER, Colo. -- OPX Biotechnologies, Inc., a new company dedicated to enabling economically viable biofuels and biorefined chemicals, announced that it has secured $3.6 million in venture funding led by MDV -- Mohr Davidow Ventures (Menlo Park, Calif.). OPX also appointed Robert B. Chess as Chairman and CEO and established its board of directors. Link.

Hoku Scientific Announces Progress on Financing Polysilicon Plant

KAPOLEI, HI -- Hoku Scientific, Inc. (NASDAQ: HOKU) announced that it has signed a non-binding term sheet with Merrill Lynch for Hoku Materials, Inc., its wholly owned subsidiary, to borrow approximately up to $185 million for the construction, procurement and start-up of its planned polysilicon production plant in Pocatello, Idaho. The closing of the loan and the availability of the funds to Hoku Materials is subject to several conditions, including the completion by Merrill Lynch of its due diligence, the negotiation and execution of definitive loan and collateral documents, and the receipt of third-party consents. In addition, prior to receiving any of the loan proceeds, Hoku Scientific will be required to provide Hoku Materials with approximately $35 million in cash for use in the construction of the planned polysilicon plant. To meet this and other capital requirements, Hoku Scientific will be required to secure additional financing. Link. Chart.

Solazyme Names New Vice President of Process Development and Manufacturing

SAN FRANCISCO, Calif. -- Solazyme, a synthetic biology company pioneering the sustainable production of biofuels, industrial oleochemicals, and health/wellness ingredients from marine microbes, announced that it has named Jurgen Dominik to the position of vice president of process development and manufacturing. Link.

Altair Nanotechnologies Announces Completion of Private Placement

RENO, NV -- Altair Nanotechnologies Inc. (Nasdaq: ALTI), a provider of advanced nanomaterial-based products and technology used in energy for transportation and stationary power, industrial and life science applications, announced the completion of a $40 million private placement of its common stock to Al Yousuf LLC. Link. Chart.

Canadian Solar Inc. Announces Private Offering of US$75 Million of Convertible Notes

JIANGSU, China, -- Canadian Solar Inc. (Nasdaq: CSIQ) announced that it plans to make a private offer, subject to market conditions and other factors, of approximately US$75 million of its convertible senior notes due 2017. Canadian Solar intends to grant the initial purchaser of the notes an option to purchase up to an additional US$11.25 million in aggregate principal amount of the notes to cover overallotments. Link. Chart.

VeraSun Energy and US BioEnergy Announce Merger Agreement

BROOKINGS, S.D., and ST. PAUL, Minn. -- VeraSun Energy Corp. (NYSE: VSE) and US BioEnergy Corp. (Nasdaq: USBE) announced they have entered into a definitive merger agreement, which has been unanimously approved by the board of directors of each company. The merger is expected to close during the first quarter of 2008, pending shareholder approval, anti-trust regulatory clearance and the completion of other customary conditions. Link. Chart:VSE Chart:USBE

Ze’ev Drori will become CEO of Tesla Motors

San Carlos, CA -- A Message from Elon Musk, Chairman of Tesla Motors: For the past several months, the board of Tesla Motors has been engaged in a search for the right person to lead the company through its next phase of growth. During the search, we met with many candidates from a wide range of backgrounds, including both the automotive and high-tech sectors. Given what Tesla needs to accomplish, the ideal CEO is someone that understands the automotive sector, but also has a proven entrepreneurial and high-tech track record. Advancing our leading electric drivetrain technology is critical, but, above all, the Tesla CEO must be someone who will ensure that the products we deliver to customers are outstanding. To that end, it is with great pleasure that I announce that Ze’ev Drori will become CEO of Tesla Motors, effective December 3rd. Link.

Brian Lynch Joins Recurrent Energy

San Francisco, CA — Recurrent Energy, Inc., a San Francisco-based owner and operator of rooftop solar electricity systems, has announced that Brian Lynch, a 19-year veteran of the energy industry, has joined the company as vice president of sales. Link.

SunPower Secures Project Financing Agreement With Morgan Stanley

SAN JOSE, Calif., -- SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced that Morgan Stanley has agreed to provide the company with up to $190 million in financing for future commercial and public agency solar electric power installations. Link. Chart.

Tioga Energy Appoints Preston Roper Executive Vice President

San Mateo, CA – Leading renewable energy services provider Tioga Energy has named Preston Roper Executive Vice President, Corporate Development and Operations, effective immediately. Roper will steer the company’s ability to scale and deploy an expanding array of solar PPA (power purchase agreement) projects. Link.

Ener1 Completes $32 Million Equity Placement

FORT LAUDERDALE, Fla., -- Ener1, Inc. (OTC Bulletin Board: ENEI), an alternative energy company, announced completion of a $32 million common equity private placement with a group of six major financial institutions and an alternative energy investment trust. Link. Chart.

SolFocus Board Appointments and $63.6M Funding Round

MADRID, Spain and MOUNTAIN VIEW, Calif., -- SolFocus Europe announced the selection of its Board of Directors. The board includes global leaders from the electronics, energy, clean tech and financial sectors. Also today, SolFocus Europe announced the completion of its Series A financing and SolFocus, Inc. announced the completion of its Series B round. The final tally for these completed financings is US$63.6 million (Euro 43.3 million), including the initial close of US$52 million (Euro 38 million) announced by SolFocus in September. Link.

HelioVolt Adds Two Board Members

AUSTIN, Texas – HelioVolt Corporation, a producer of highly-efficient thin film solar products, announced two key additions to the company’s Board of Directors. E. Kenneth Pentimonti, principal at Paladin Capital and Ronald D. Bernal, partner at Sequel Venture Partners, join the board as HelioVolt moves to commercial application of its proprietary rapid transfer printing process for CIGS thin film photovoltaics. Both new board members recently participated as investors in HelioVolt’s $101 million Series B funding round, which will be used to help fund global scale-up for the company. Link.

Syntroleum Announces Management Realignment, Cost Reduction and Financing

TULSA, Okla.--Syntroleum Corporation (NASDAQ:SYNM) announced that it has realigned the management team, restructured the organization and secured a portion of the financing for its Dynamic Fuels joint venture with Tyson Foods. The following management changes were announced: Effective December 28, 2007, John B. Holmes, Jr., the Company's Chief Executive Officer, has elected to retire from the Company. Mr. Holmes will resign his positions as an officer and director of the Company effective November 19, 2007. Effective December 2, 2007, Kenneth L. Agee, the Company's Chairman of the Board and Chief Research Officer, has elected to retire from the Company. Mr. Agee will resign his positions as an officer, director and chairman of the Board of Directors, effective November 19, 2007. Mr. Agee is currently in negotiations with the Company to purchase certain of the research and laboratory facilities. Effective November 19, 2007, Mr. Edward G. Roth has been elected by the Board of Directors as the Company's President and Chief Executive Officer. Mr. Roth was previously President and Chief Operating Officer. Effective November 19, 2007, the Board of Directors has elected Mr. Robert B. Rosene, a current director, as the non-executive Chairman of the Board. Link. Chart.

ReneSolar Appoints Cheng Hsien Yeh as Chief Operating Officer

ReneSola Ltd (AIM: SOLA), a leading manufacturer of silicon wafers for the solar PV industry, is pleased to announce that Mr. Cheng Hsien Yeh has been appointed Chief Operating Officer. Mr. Yeh has extensive experience in the solar industry. Prior to joining ReneSola, he was the general manager of Motech (Suzhou) New Energy Co., Ltd. from 1999 to 2007. From 1997 to 1999, Mr. Yeh served as the sales manager of Leoco (Suzhou) Electronics. The Directors believe that Mr. Yeh will make a valuable contribution in improving management efficiency and helping to enhance the Company’s competitiveness. Link. Chart.

ConsumerPowerline Appoints New CEO

NEW YORK – ConsumerPowerline (www.consumerpowerline.com), a leading strategic energy asset management firm, announced the appointment of Gary D. Fromer to the position of chief executive officer. Fromer will assume leadership responsibilities for the company, including the advancement of its service portfolio and its continuing expansion plans. He takes the reins from the company’s founder, Mike Gordon, who will transition to the role of chief strategy officer and remain a member of ConsumerPowerline’s Board of Directors. Link.

Active Power Appoints Uwe Schrader-Hausmann Vice President of Technical Services

AUSTIN, Texas – Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, announced the appointment of Uwe Schrader-Hausmann as vice president of Technical Services. With more than 28 years experience in the uninterruptible power supply (UPS) market, Schrader-Hausmann will have global responsibility for all customer facing technical services functions which include applications engineering, project management, project implementation and customer service functions for the business. Link. Chart.

Verenium Files $150 Million Shelf Registration

CAMBRIDGE, Mass., -- Verenium Corporation (Nasdaq: VRNM) announced that it has filed a universal shelf registration statement with the U.S. Securities and Exchange Commission ("SEC") for the registration and potential issuance of up to $150 million of Verenium securities, which may include common stock, preferred stock, debt securities or warrants, and the registration of 3,000,000 shares of common stock for resale by Syngenta and its affiliates. Upon being declared effective by the SEC, the shelf registration statement will allow the Company to sell the various securities, and Syngenta and its affiliates to sell their shares of common stock, in one or more offerings in the future. Link. Chart.

ConsumerPowerline Appoints New CEO

NEW YORK, NY – ConsumerPowerline (www.consumerpowerline.com), a leading strategic energy asset management firm, announced the appointment of Gary D. Fromer to the position of chief executive officer. Fromer will assume leadership responsibilities for the company, including the advancement of its service portfolio and its continuing expansion plans. He takes the reins from the company’s founder, Mike Gordon, who will transition to the role of chief strategy officer and remain a member of ConsumerPowerline’s Board of Directors. Link.

Green Plains Renewable Energy Announces Private Placement of Its Common Stock

OMAHA, NE -- Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) (AMEX: GPRE) announced the completion of a private placement of its common stock. Pursuant to an agreement with a group of accredited investors, Green Plains sold 1.2 million shares of its unregistered, non-brokered common stock at a price of $8.10 per share, resulting in net proceeds of approximately $9.7 million. Green Plains expects to use proceeds from this offering for working capital and other general corporate purposes. Link. Chart

Altair Nanotechnologies Announces $7 Million in Federal Funding

RENO, NV -- Altair Nanotechnologies Inc. (Nasdaq: ALTI) announced that the recently passed Defense Appropriations Bill signed into law by President Bush on November 12, 2007, provides for $7 million in federal funding related to two of its ongoing advanced research and development projects. This confirms funding, which was prospectively discussed by the company on October 4, 2007. Link. Chart.

Comverge Announces Postponement of Follow-On Stock Offering

EAST HANOVER, N.J., -- Comverge, Inc. (Nasdaq: COMV), a leading clean capacity provider through demand response and energy efficiency, announced that it has postponed its follow-on public offering of common stock originally planned for the week of November 12, 2007. The Company cited adverse market conditions as the reason for delaying the offering. Link. Chart.

Range Fuels Appoints Robert E. Fishman to Board of Directors

Palo Alto, CA and Broomfield, CO – Range Fuels, Inc., a company focused on the production of cellulosic ethanol, announced that Robert E. Fishman has joined the company’s Board of Directors. Fishman, who has more than 30 years of experience in managing large-scale power projects, also brings a background in renewable energies, solar technology and geothermal power to Range Fuels and its Board. Link.

Generation Investment Management and Kleiner Perkins Caufield & Byers Create International Alliance

MENLO PARK, California, and LONDON, United Kingdom –– Kleiner Perkins Caufield & Byers (“KPCB”) and Generation Investment Management (“Generation”) announced a global collaboration to find, fund and accelerate green business, technology and policy solutions with the greatest potential to help solve the current climate crisis. The partnership will provide funding and global business-building expertise to a range of businesses, both public and private, and to entrepreneurs. As a result of the collaboration, the chairman and co-founder of Generation, former Vice President of the United States Al Gore, will join KPCB as a Partner. KPCB will co-locate their European operations at Generation’s offices in London. John Doerr, Partner at KPCB, will join Generation’s Advisory Board. Link.

Akermin Completes $5 Million Financing Round

ST. LOUIS — Akermin, an innovative biocatalyst technologies company and the exclusive developer of proprietary stabilized enzyme catalyst technology, announces a successful funding round. The company raised $4,955,000 from venture capitalists and other private investors in its Series A Phase II financing round, the first stage of which was completed in March and the second in September 2007. All investors, including Prolog Ventures, OnPoint Technologies, Chrysalix Energy and the St. Louis Arch Angels, were previous Series A investors in Akermin. This latest round brings total funding since inception of the company to just under $8.5 million. Link.

Trina Solar Limited Announces Change of Directors

CHANGZHOU, China, -- Trina Solar Limited (NYSE: TSL), a leading integrated manufacturer of solar photovoltaic products, from the production of ingots, wafers and cells, to the assembly of PV modules, founded in 1997, announced that it has appointed Mr. Junfeng Li to the Company's Board of Directors. Mr. Li's appointment fills the vacancy arisen from Mr. Sven Hansen's resignation from the Board. Link. Chart.

Ultralife Announces $13.5 Million Public Offering

NEWARK, N.Y.--Ultralife Batteries, Inc. (NASDAQ: ULBI) announced the pricing of a limited public offering of 1,000,000 shares of its common stock, all of which are being sold by the Company, at $13.50 per share. The Company expects to use the net proceeds from the public offering to retire $3.5 million of its existing McDowell Research Convertible Notes, to finance $6.0 million of the acquisition price of Stationary Power Services, Inc., and to repay $1.0 million of borrowings outstanding under our credit facility used to fund the Innovative Solutions Consulting, Inc. acquisition, with the remaining net proceeds to be used for general corporate purposes. Link. Chart.

Conergy AG Appoints Pepyn R. Dinandt as new COO

Hamburg -- The Supervisory Board of Conergy AG has appointed Pepyn R. Dinandt (46) as Chief Operating Officer (COO) and Member of the Board of Management. Dinandt will join on 15th November 2007 and will become Dieter Ammer’s deputy. Dieter Ammer will take over as interim Chief Executive Officer on the same day. With this appointment, Conergy gains an experienced, international manager, who is an expert in reorganisations and who has successfully held several Board and senior management positions. On 1st November, the former Schering CFO, Dr. Jörg Spiekerkötter, became Chief Financial Officer of Conergy. Link.

Novomer Raises $6.6 Million in Series A Funding

ITHACA, N.Y. – Novomer Inc., a materials company pioneering a family of high-performance, biodegradable plastics, polymers and other chemicals from renewable substances such as carbon dioxide, announced that it has raised $6.6 million in series A funding. Physic Ventures co-led the financing in partnership with Flagship Ventures. Link.

Dr. Michael Ladisch Joins Mascoma as Chief Technology Officer

CAMBRIDGE, Massachusetts, – Mascoma Corporation, a leader in advanced low-carbon biofuels, announced the acquisition of Celsys BioFuels, Inc. Terms of the transaction were not disclosed. Celsys BioFuels, Inc., headquartered in Indianapolis, Indiana, was formed in 2006 to commercialize cellulosic ethanol production technology developed in the Laboratory of Renewable Resources Engineering at Purdue University. The Celsys technology is based on proprietary pretreatment processes for multiple biomass feedstocks, including corn fiber and distiller grains. The technology was developed by Dr. Michael Ladisch, an internationally known leader in the field of renewable fuels and cellulosic biofuels. He will be taking a two-year leave of absence from Purdue University to join Mascoma as the company’s Chief Technology Officer. Link.

Vaperma closes C$ 21.5 million Financing Round

Québec City, Québec, Canada – Vaperma Inc., a leading provider of advanced gas separation solutions aimed at reducing energy costs and carbon footprint, announced it has received Can$ 21.5 million in a second financing round. The funding is led by Low Carbon Accelerator Limited (LCA), a Guernsey-based investment company created to invest in a portfolio of fast-growing low carbon businesses, with participation by Volvo Technology Transfer Corporation (Volvo) and all institutional Vaperma investors - Emerald Technology Ventures, BDC Capital and Fonds d’investissement en développement durable (FIDD). Link.

Change at the Top for Conergy AG

Hamburg -- Conergy, Europe’s largest solar power company will have a new Chief Executive Officer and is strengthening its capital with financial inflows of EUR 100 million. The company’s founder and Chief Executive Officer, Hans-Martin Rüter, will resign following the publication of the results for the first nine months (12th November 2007); Dieter Ammer, the Chairman of the Supervisory Board, will become interim Chief Executive. Ammer, who, together with Rüter, founded Conergy nine years ago, will aim to continue the successful growth strategy, with a clear focus on profit and the core businesses. He will be supported by the new CFO, Dr. Jörg Spiekerkötter, a former Board Member of a DAX 30 company with experience of large companies, who joined the company on 1st November. Link.

James Dauwalter Appointed Chairman of US BioEnergy

ST. PAUL, Minn., Nov 06, 2007 -- US BioEnergy Corporation (NASDAQ:USBE), a leading ethanol producer in the United States, announced actions designed to enhance the independence of the company's board of directors. James E. Dauwalter has been elected non-executive chairman of the board of directors. Gordon W. Ommen will continue as the company's CEO and president. "We believe these actions will allow Gordon to focus all of his time and attention on completing our plants under construction, improving our operations and evaluating strategic opportunities while providing independent leadership at the board level," said Dauwalter. Link. Chart.

Shell And Codexis Expand Collaboration To Explore New Super Enzymes

London, UK and Redwood City, CA - The development of sustainable biofuel took a step forward as Royal Dutch Shell plc expanded its collaboration with Codexis Inc. to develop new super enzymes to convert biomass to fuel. The new agreement covers five years of research collaboration and includes Shell making an equity investment in Codexis and taking a seat on the company’s board. Research will focus on adapting enzymes to improve the conversion of a range of raw materials into high-performance fuels. It will assist Shell in developing the next generation of biofuels as it explores a number of non-food bio materials, new conversion processes and alternative fuel products. Link.

PG&E and Ausra Announce 177 Megawatt Solar Thermal Power Agreement

SAN FRANCISCO, Calif.—Pacific Gas and Electric Company announced that it has entered into a 177 megawatt solar thermal power purchasing agreement with Ausra Inc. The project, to be located in central California, is being developed by Ausra. "Today's agreement between PG&E and Ausra highlights how clean energy will create jobs in California while delivering a reliable source of renewable energy," said Governor Arnold Schwarzenegger. "I'm pleased to see California companies rising to the challenge of AB 32, California's historic initiative to reduce carbon emissions and combat climate change. Clearly, California continues to lead the nation in clean energy research, development and generation." Link.

Ener1 Announces Management Changes

FORT LAUDERDALE, Fla., -- Ener1, Inc. (OTC Bulletin Board: ENEI) announced a number of management and organizational changes. Link. Chart.

Nalco CEO William H. Joyce Announces Retirement

NAPERVILLE, Ill., -- Nalco Holding Company (NYSE:NLC) announced that Dr. William H. Joyce, 71, has stated his intention to retire as Chairman and Chief Executive Officer on December 30, 2007. Dr. Joyce has agreed to assist with the succession and transition process through March 31, 2008. A Board committee of independent directors has been formed to select his successor and expects to complete its process in the coming months. Link. Chart.

Khosla Ventures and BIOeCON form KiOR

Hoevelaken -- Khosla Ventures and BIOeCON announce the formation of their joint venture KiOR Inc. Khosla Ventures, will provide the Series A funding, whereas BIOeCON will bring its knowledge and intellectual property for the ‘Biomass Catalytic Cracking Process' (BCC). KiOR Inc. will focus on the further development and commercialization of the BCC technology as well as prepare for raising significantly more capital in the next two to three years. Link.

Akeena Solar Announces $26.1 Million Private Placement

LOS GATOS, Calif.--Akeena Solar, Inc. (NASDAQ:AKNS), a leading designer and installer of solar power systems, announced it has entered into securities purchase agreements with certain accredited, institutional investors, to raise approximately $26.1 million through the issuance of 3,728,572 shares of common stock and warrants to purchase 745,716 shares of common stock. The warrants are exercisable beginning six months after the closing, with a term of 60 months and an exercise price of $10.08 per share, and are subject to certain anti-dilution provisions. Link. Chart.

Serious Materials Receives $50 Million in Funding

SUNNYVALE, CA — Serious Materials announced that it has closed $50 million in additional investment, led by New Enterprise Associates (NEA) and Foundation Capital, along with Rustic Canyon Partners. Serious Materials develops and manufactures sustainable green building materials that considerably reduce the impact of the 'built environment' on the climate. Link.

Ultralife to Acquire Two Firms

NEWARK, N.Y., -- Ultralife Batteries, Inc. (NASDAQ: ULBI) has entered into definitive agreements to acquire all of the outstanding shares of two affiliated companies headquartered in Clearwater, Florida: Stationary Power Services, Inc., an infrastructure power management services company, and Reserve Power Systems, Inc., a provider of lead-acid batteries for standby power systems. The purchase price for both companies, excluding the payment of any contingent purchase price, is anticipated to be approximately $11.3 million. The acquisitions, subject to customary closing conditions, are expected to close by the end of the fourth quarter. Ultralife anticipates that these acquisitions will be accretive in the first quarter of 2008. Link. Chart.

Atraverda Closes £10.4m (US $21.4m) Series B Financing Round

Atraverda, an Advanced Materials Company, based in South Wales, UK, announced it has closed its Series B financing round with a total of £10.4m (US $21.4m). The round sees new investors BankInvest New Energy Solutions from Denmark and Espírito Santo Ventures of Portugal lead the financing round, while existing investors UK-based Scottish Equity Partners, Chord Capital and Finance Wales and US-based EnerTech Capital and OnPoint Technologies continue to contribute. The investment will be used to accelerate Atraverda’s growth, enhance product development and develop further commercial opportunities. Link.

Battelle Ventures Leads $4.5-Million Funding for ImageTree Corp

PRINCETON, N.J., — Battelle Ventures, LP, has closed its first deal in the environment sector, having led the $4.5-million oversubscribed Series B round of funding for precision forestry company ImageTree Corp. With last week’s announcement of three deals in energy-related start-ups, this brings to six the number of companies in the fund's expanding energy & environment portfolio. Link.

GreenVolts Secures $10 Million Series A Financing

San Francisco, Calif. – GreenVolts (www.greenvolts.com), a leader in high concentrating photovoltaic technology and wholesale distributed energy, today announced that it has secured $10 million in Series A funding. The company also announced that its CarouSol™ tracking system has begun producing energy at Avista’s Clean Energy Test Site, and that it is on track for deployment of its GV1 plant in late 2008. Link.

Optimal Technologies International Scores a $25 Million Commitment from Goldman Sachs

LONDON and SAN FRANCISCO – Optimal Technologies International Inc. announced that it has secured $25 million in financing from Goldman Sachs International to accelerate its growth and expand its market presence. The investment will allow Optimal to continue building out its product offering for energy utilities, businesses and consumers. Specifically, Optimal will complete the development of its technology that optimizes electric power systems from origin to end-user. The investment includes an immediate payment of $13 million to be followed by milestone payments over the next 12 months. Link.

EnerNOC Files for Public Offering

BOSTON, MA, – EnerNOC, Inc. (NASDAQ: ENOC) announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed offering of 4,000,000 shares of its common stock. It is expected that 800,000 of the shares will be offered by EnerNOC and 3,200,000 shares will be offered by certain selling stockholders. The selling stockholders expect to grant the underwriters an over-allotment option to purchase up to 600,000 additional shares. Link.

TeleSoft Partners Acquires a Majority Interest in Energy Software & Consulting

SAN FRANCISCO--TeleSoft Partners, a Silicon Valley venture capital firm, announced it has acquired a majority interest in Energy Software & Consulting I and II which, on a combined basis, is the largest preferred shareholder in Nexant, Inc., an energy sector software, engineering, and consulting firm. Link.

Solazyme Announces New Chief Financial Officer

SOUTH SAN FRANCISCO, Calif.--Solazyme, a bioscience company pioneering biofuels and health/wellness products from microalgae, has named Tyler W. Painter as chief financial officer. As CFO, Painter will be responsible for providing Solazyme with the strong controls and intense fiscal discipline needed to support the company’s growth plans. In this role, Painter also will oversee human resources. Link.

Beacon Power Announces $25 Million Investment Commitment

WILMINGTON, Mass.--Beacon Power Corporation (NASDAQ: BCON) today announced that it has received a commitment for $25 million of new investment in the Company. The capital will be used to fund ongoing operations, including the manufacturing and deployment of Smart Energy 25 flywheels and the construction of the Company's frequency regulation plant that is expected to have 10 to 20 MW of service capability by the end of 2008. The transaction is expected to close on October 31, 2007. Link. Chart.

Oceanlinx Announces Its Intention to Raise Capital on London's AIM.

Oceanlinx Limited (“Oceanlinx” or “the Company”), a leading international wave energy company, is to seek a listing on London’s AIM market. Libertas Capital is acting as nominated advisor and broker to Oceanlinx. Link.

Ormat Technologies, Inc. Announces Closing of Sale of 3 Million Shares of Common Stock

RENO, Nev., -- Ormat Technologies, Inc. (NYSE: ORA) (the "Company") today announced the closing of the sale of 3,000,000 shares of common stock in a public offering. Lehman Brothers Inc.
acted as underwriter for the public offering. Link.

Partners in EverQ approve significant capacity expansion - company prepares for IPO

Bitterfeld-Wolfen, Q-Cells AG (QCE; ISIN DE0005558662) and its partners in the Joint Venture EverQ GmbH - Evergreen Solar, Inc. and REC Renewable Energy Corporation ASA - have approved significant expansion plans for EverQ. The company will build a third integrated wafer, cell and module production facility at its company site in Bitterfeld-Wolfen (Germany). The new EverQ facility will increase EverQ’s production capacity from 100 MWp to 180 MWp. The partners will invest nearly EUR 150 million in the new EverQ III facility, which is expected to start production in the first quarter of 2009. The new EverQ facility will use Evergreen Solar’s Quad furnace technology. Link.

Renewable Energy Plans New Large Scale Manufacturing Complex

Høvik, Norway, REC has decided to establish a new worldscale solar manufacturing complex in Singapore and has simultaneously signed an agreement with the Singaporean government agency Economic Development Board (EDB). The agreement outlines both the terms and conditions related to the development of a new production site, the process of establishing a manufacturing complex, as well as operational and commercial conditions. The manufacturing complex will be developed in stages. It will incorporate wafer, cell and module production facilities and will have the potential of becoming the world's largest complex of its kind. Fully developed, the manufacturing complex could hold a production capacity of up to 1.5 GW. Link.

Roger Saillant, Plug Power CEO, to Retire

Latham NY – Plug Power Inc. (NASDAQ: PLUG), today announced that Roger Saillant, president, chief executive officer and member of the board of directors, plans to retire effective April 7, 2008, at which time he will turn 65 years old. Mr. Saillant informed the Plug Power board of directors of his decision during a regularly scheduled meeting of the board held on Oct. 18. He has been the chief executive officer of the company for the past seven years. Link.

A123Systems™ Receives $30 Million Investment to Support Scale Up

A123Systems™ Receives $30 Million Investment to Support Scale Up and Recent Contract Awards in the Automotive and Powertool market. Opens new Manufacturing Sites to Support High Volume Entry into the Automotive Markets and Expansion of Powertool Business. A123Systems will use these funds to increase production capacity for new contract awards for hybrid electric, plug-in hybrid electric and extended range electric vehicle design wins with major automakers including a contract to co-develop proprietary cells for the GM E-FLEX program. A123Systems continues to expand its fast growing power tool battery business with Black & Decker Corporation, the world’s largest manufacturer of cordless tools, where the company is helping drive the transition from nickel technology to doped nanophosphate lithium-ion technology. Link.

Comverge Announces Filing of Registration Statement

EAST HANOVER, N.J.,-- Comverge, Inc. (Nasdaq: COMV), a leading clean energy company providing capacity through demand response and energy efficiency, announced today the filing of a registration statement on Form S-1 with the Securities and Exchange Commission for an offering of shares of its common stock. The offered shares will be sold by Comverge and certain selling stockholders. As set forth in the registration statement, we anticipate that the underwriters will be granted an over-allotment option to purchase additional shares. We plan to use the net proceeds from the offering to finance current and future capital requirements of our Virtual Peaking Capacity(TM) (VPC(TM)) contracts, to finance research and development, to fund any cash consideration for future acquisitions and for other general corporate purposes. We will not receive any proceeds from the sale of shares by selling stockholders. Link. Chart.

Octillion Appoints Barry Honig to Advisory Board

Auburn Hills, MI – Octillion Corp. (Symbol: OCTL), an alternative energy technology incubator, is pleased to announce the appointment of Mr. Barry Honig to its newly established Advisory Board, which will be comprised of respected experts in solar energy and solar related technologies, mergers and acquisitions and corporate finance. Link. Chart.

HelioVolt Closes Second Traunche, Brings Series B Funding Total to $101M

Austin, Texas – HelioVolt Corporation, a producer of highly-efficient thin film solar products, today announced the final closing of its Series B funding round for a total of $101 million, with investments from Sequel Venture Partners, Noventi Ventures, and Passport Capital. The additional funding will be used to accelerate scale-up and global deployment of HelioVolt’s proprietary manufacturing process for Copper Indium Gallium Selenide (CIGS) building-integrated solar products. Link.

LM Glasfiber Breaks Ground on New Blade Plant in Little Rock, Arkansas

LM Glasfiber continues to expand its global blade manufacturing capacity in key markets. Today it officially celebrated the ground breaking of its new wind turbine blade factory in Little Rock, Arkansas. It is LM Glasfiber’s third blade manufacturing facility in North America and the 11th worldwide. Link.

Parviz Adib and Jim Krajecki join APX

Santa Clara, CA - APX, Inc., the leading infrastructure provider for North American environmental and energy markets, is pleased to announce that Dr. Parviz Adib and Mr. Jim Krajecki have joined APX's Power Markets Business Unit. Dr. Adib and Mr. Krajecki are both nationally recognized subject matter experts in the US power markets and represent decades of experience and commitment to the field. Both are located in Austin, Texas. Link.

GridPoint Raises $48.5 Million in Series D Financing

WASHINGTON − GridPoint, Inc., a leading clean tech company whose smart grid platform benefits electric utilities, consumers and the environment, announced that it has recently closed a $48.5 million Series D financing led by Goldman Sachs Group (NYSE: GS) and Susquehanna Private Equity Investments, an affiliate of Susquehanna International Group (SIG), as well as the appointment of new members to its board of directors, including the CTO of Duke Energy and the CEO of US Power Generating Company. Link.

Altela, Inc. Receives $7.1 million in Series A Investment

ALBUQUERQUE, N.M. -- Altela, Inc., a leading desalination technology and service company, recently completed the closing of its Series A investment raising $7.1 million. The investment will be used to expand the company's manufacturing plant and accelerate the introduction of its water-remediation products into new markets. $5.2 million was invested by a Canadian environmental and energy services company, CCS Income Trust, and $1.9 million was invested by existing Altela shareholders. Altela's Board of Directors and management believe that CCS is a strong new strategic partner for Altela, and will provide deep domain experience and significant new markets for the company's AltelaRain(SM) products. The $7.1 million investment values the two-and-a-half-year-old Albuquerque company at a post-close valuation of over $25 million. Link.

APX Names Joseph Kerecman Managing Director

Santa Clara, CA - APX, Inc., the leading infrastructure provider for North American environmental and energy markets, announced that Joseph Kerecman has been appointed Managing Director. Kerecman brings more than 20 years of experience in the energy and environmental markets to APX and will be focused on the growth of the APX environmental services business in the renewable energy and emerging GHG markets including government relations at both the state and federal levels. Link.

Mascoma Names George Schaefer as CFO

CAMBRIDGE, MA, – Mascoma Corporation, a leader in advanced low-carbon energy biotechnology, announced that George Schaefer has joined the company in a new position as its Chief Financial Officer. He will report to Bruce Jamerson, Mascoma’s Chief Executive Officer. Link.

Innovalight Raises $28 Million for Solar Product Development

SANTA CLARA, Calif. - Innovalight, Inc., a privately-held firm developing silicon ink-based printed solar cells, today announced that the company has raised $28 million in new capital. With new financing in hand, the Company is relocating to a new 30,000 square foot manufacturing facility in Sunnyvale, California. Link.

Maxwell Technologies Announces $13.6 Million Stock Financing

San Diego, CA — Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that it has priced the sale of 1.3 million shares of its common stock in a public offering underwritten by UBS Securities LLC, resulting in gross proceeds to the company of approximately $13.6 million. All of the stock is being offered by the company, and the transaction is expected to close on October 15, 2007, subject to customary closing conditions. The company plans to use the proceeds for working capital, debt repayment and general corporate purposes. In addition, the company has granted UBS Securities LLC an over allotment option to purchase up to 195,000 additional shares. Link.

EVP Solar Adds to Its Senior Management Team

Robbinsville, NJ: Energy Photovoltaics, Inc. (EPV), a thin-film photovoltaic module manufacturer with headquarters in New Jersey, USA, announced today a series of organizational and senior staff changes that reflect the new direction of the company. Approved by its Board of Directors and shareholders, Energy Photovoltaics, Inc., will now operate as EPV SOLAR, Inc., effective immediately. Link.

Solarfun Appoints Ms Amy Liu CFO

SHANGHAI -- Solarfun Power Holdings Co., Ltd. ( "Solarfun" ) (NASDAQ: SOLF ), an established manufacturer of both photovoltaic (PV) cells and modules in China, today announced that Ms. Amy Liu will assume the role of Chief Financial Officer on October 31, 2007, replacing the outgoing Kevin Wei, whose employment contract expires on the same date. She joins Solarfun from Thermo Fisher Scientific, Inc., a New York Stock Exchange-listed scientific instrument maker, where she was VP - Director of Finance - China and Hong Kong. Ms. Liu will join Solarfun on October 18, 2007 in order to coordinate with Mr. Wei and ensure a smooth transition to her new position. Link. Chart.

Solazyme announces new Senior Vice President of Business Development

South San Francisco, CA, based Solazyme, a bioscience company pioneering biofuels and health/wellness products from microalgae, has named Troy J. Campione, Ph.D., to the position of senior vice president of business development. Campione will lead the development, negotiation, and finalization of partnership agreements and contracts with major companies. These deals will help fund research and development programs leveraging Solazyme’s work on biofuels and industrial chemicals. Campione has extensive experience monetizing technology across diverse industries and geographies. Most recently he was general manager and vice president of Symyx Technologies, Inc., a company providing high throughput research and informatics technologies globally to the chemical, energy, polymer, pharmaceutical, and electronics industries. Campione earned his Ph.D. in chemical engineering from the University of Texas at Austin and also holds M.E. and B.S degrees in Chemical Engineering from Tulane University. www.solazyme.com.

Renaissance Lighting, Inc. Closes $10 Million Financing Round

Herndon, VA, based Renaissance Lighting, Inc. has completed a $10 million round of financing led by the Altira Group, a venture capital firm based in Denver , CO . The funding will be used to grow RL’s portfolio of solid-state products and expand sales, marketing and operations. RL was founded in 2005 to develop and market its patented Constructive Occlusion® optics to deliver the advantages of LED light sources to the architectural lighting market. www.rllight.com
www.altiragroup.com

Conergy Strengthens Management Team

Dr. Jörg Spiekerkötter replaces Heiko Piossek as CFO. Philip von Schmeling appointed deputy member of the Management Board. Conergy AG announces that Dr. Jörg Spiekerkötter (49) will be the new CFO as of November 1st 2007. With Jörg Spiekerkötter, Conergy AG, a TecDax listed company, gains a renowned manager with over seven years experience in management as CFO of a globally active DAX-listed company. A qualified lawyer, he was member of the Board with responsibility for finance as well as IT, legal affairs and human resources at Schering AG. From November 1st he will also be responsible for these areas at Conergy AG in Hamburg. Most recently Spiekerkötter was the CFO of a Dutch company, ORGANON BioSciences. Link.

International Rectifier Announces Executive Management Promotion

EL SEGUNDO, Calif.--Oct. 5, 2007--International Rectifier Corporation ("IR") (NYSE:IRF) today announced a new organizational appointment to the company's leadership team. Dr. Michael A. Briere, 45, previously Executive Vice President, Research & Development for the company, has been appointed to the role of Executive Vice President, Research & Development and Chief Technology Officer. In his new role, Dr. Briere will be responsible for the company's technology and product development strategies. Link.

Rentech Proceeds with Purchase of Site for Commercial Scale Synthetic Fuels Facility

Los Angeles, CA, based Rentech, Inc. (AMEX:RTK) announced that it has received approval from the Adams County Board of Supervisors to proceed with the acquisition of approximately 450 acres in Adams County, Mississippi. Rentech intends to build its Natchez Strategic Fuels and Chemicals Center at the site. The facility will produce Rentech’s ultra-clean synthetic transportation fuels and specialty chemicals. D. Hunt Ramsbottom, Rentech’s President and Chief Executive Officer stated, “We are pleased to have located this site for our synthetic fuels and chemicals facility. The site is ideally located with access to multiple feedstocks (pet coke, coal and biomass), central to several product distribution channels including a CO2 pipeline that services enhanced oil recovery in the region and outside of the direct impact zone of Gulf Coast hurricanes.” Rentech, Inc. (www.rentechinc.com), incorporated in 1981, provides clean energy solutions. The Company has developed and patented the Rentech Process which transforms under-utilized domestic energy resources into valuable and clean alternative fuels and chemicals. These energy resources include coal, petroleum coke, biomass and municipal solid waste.

Trina Solar Announces Management Changes

CHANGZHOU, China, Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules founded in 1997, announced today the following management changes at the Company: Mr. Anthony Chia has been appointed as Vice President of Quality. Mr. Chia has more than 21 years of experience in quality management, involving the introduction and implementation of numerous quality control systems, including 6-Sigma, TL9000, TS16949, ISO2000, ISO14000, UL and TUV RoHS. Mr. Chia reports to Sean Tzou, Trina Solar's Chief Operating Officer. Prior to joining Trina Solar, Mr. Chia served as Director of Service and Quality for SANMINA-SCI and as Senior Manager of Quality Assurance at Motorola Singapore and China. Mr. Chia holds an MBA from National University of Singapore. Mr. Dave Seburn has been appointed as Vice President, Polysilicon. Mr. Seburn is responsible for evaluating potential upstream investments in polysilicon production, including road map development for upstream investments and implementation oversight of related projects. Mr. Seburn reports directly to Jifan Gao, Trina Solar's Chief Executive Officer. Mr. Seburn comes to Trina Solar after ten years of experience at REC Silicon, where he last served as Vice President of Operations. During his tenure, Mr. Seburn lead oversight of both silane and polysilicon manufacturing plants and facilitated process and organizational changes that optimized productivity at both plants. Mr. Seburn holds an M.S. degree in Chemical Engineering from the University of Houston. Link.

Tetra Tech Acquires Consulting Firm ARD, Inc. to Expand International Presence

PASADENA, Calif. Oct. 2, 2007--Tetra Tech, Inc. (NASDAQ:TTEK) announced today that it has completed the acquisition of ARD, Inc., of Burlington, Vermont. ARD provides consulting and technical services for international aid agencies and other governmental bodies. ARD has more than 25 offices and 760 employees worldwide. ARD had annual revenue of about $110 million and net revenue of about $65 million over the last 12 months. The terms of the acquisition were not disclosed. Link.

Ocean Power Technologies Receives Additional $1.9 Million Funding for US Navy Project

PENNINGTON, N.J. Oct. 2, 2007--Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announced today that it has received additional funding of U.S. $1.9 million for its on-going contract with the U.S. Navy to install the Company's PowerBuoy(R) systems off the Hawaiian island of Oahu. Link.

EverPower Secures $55 Million in Financing Commitment From Good Energies

NEW YORK - EverPower Renewables Corp. ("EverPower"), a developer of utility-grade wind projects, today announced that it has closed a $55 million financing commitment from Good Energies, a leading investor in the renewable energy industry. The investment will
support the development of EverPower's existing portfolio of wind construction projects, help it expand its pipeline of new projects and maintain the company's strong growth momentum. Management will maintain a majority position in EverPower. Link.

Polyfuel Awarded $2 Million from NIS

MOUNTAIN VIEW, CA – PolyFuel Inc., a world leader in fuel cell technology, particularly engineered membranes that provide significantly improved performance in direct methanol fuel cells for portable electronic applications, announced today that the U.S. National Institute of Standards and Technology (NIST) has awarded PolyFuel $2 million over 2 years in support of the company’s work to develop a new, ultra-low crossover membrane for portable fuel cells. Link.

Goldman Sachs Makes Significant Investment in Nordic Windpower

San Rafael, CA, Quebec City and London, UK - Nordic Windpower Ltd., a leading manufacturer of two-bladed utility-scale wind turbines, announced today that Goldman Sachs, one of the world’s largest investment banks, has made a significant investment in the company. The investment marks a major new phase in Nordic’s growth as it prepares to start U.S. production of its innovative and field-proven turbines for utilities, and large and small developers. The new money enables Nordic to fulfill growing demand for low-cost, high-reliability wind turbines at a time when the industry faces persistent supply constraints. Link.

Catilin Appoints Wayne Turner Vice President of Operations and Engineering

Ames, IA. – Catilin, Inc., a biodiesel technology company, today announced that Wayne Turner has joined the company as Vice President of Operations and Engineering. Turner brings more than 30 years experience in the chemical manufacturing industry to Catilin and will be responsible for the daily operations of the testing and production of biodiesel on a world-wide basis. Link.

Comverge Buys Public Energy Solutions

EAST HANOVER, N.J. Comverge, Inc. (Nasdaq: COMV), the leading provider of clean energy solutions through demand response and energy efficiency, announced today it has acquired Public Energy Solutions, LLC (PES), further expanding its suite of clean energy capacity offerings by targeting base load capacity needs of electric utilities through energy efficiency. PES will provide Comverge's energy efficiency offerings and will become part of Comverge's Alternative Energy Resources Group for nationwide expansion. Link

BrightSource Energy Names SVP For Project Development Tom Doyle to Oversee Development of Solar Power Projects

OAKLAND, Calif. BrightSource Energy™, Inc., which develops and builds utility-scale solar power plants, announced today that Thomas P. Doyle has joined the company as Senior Vice President Project Development. BrightSource is currently focused on developing projects in the United States and EMEA, and recently submitted an Application for Construction (AFC) to the California Energy Commission (CEC) for a solar power plant to be built in the Mojave Desert of California. The AFC filed by BrightSource was the first to be filed in California in 17 years and is the first step of the required permitting process for the development of any new solar energy power plant in California. Link

ConsumerPowerline Wins $17 Million in Series A Financing

New York, NY, based ConsumerPowerline, a leading strategic energy asset management firm, announced the completion of its $17 million Series A Preferred Financing. The round was led by Expansion Capital Partners, LLC, a leading Clean Technology venture capital firm, with co-investors Bessemer Venture Partners, as well as Schneider Electric Ventures, the New York City Investment Fund and Vantania Holdings, advised by Consensus Business Group. Diana Propper, partner at Expansion Capital Partners, and Justin Label, partner at Bessemer Venture Partners, will join ConsumerPowerline’s board of directors. The placement was facilitated by America’s Growth Capital. ConsumerPowerline will use the funds to expand Demand Response, smart metering technologies, permanent energy efficiency solutions and other products and services designed to pay end-users for the efficiencies that they offer to the national, regional and local energy markets. ConsumerPowerline’s President Mike Gordon said, “The significant investment provided by Expansion Capital Partners and Bessemer Venture Partners, along with our other value-add investors, will allow ConsumerPowerline to grow our team, enhance our products and services and expand our national presence. With this venture funding, ConsumerPowerline will be able to bring attractive and lucrative efficiency products and services to a much wider range of customers.”

HydroPoint Scores Funding from Citi Alternative Investments

Petaluma, CA, based HydroPoint Data Systems, Inc., provider of WeatherTRAK® smart water management systems, announced that it received a material investment from Sustainable Development Investments (SDI), a unit of Citi Alternative Investments, a division of Citi. This infusion of capital accelerates expansion of HydroPoint's sales and services capabilities and deployment of WeatherTRAK smart water management systems to property owners and public sector leaders who are planning economically sustainable green initiatives. As part of Citi's investment, Gisele S. Everett, a director at SDI, will join HydroPoint's board of directors. Citi's investment is in addition to HydroPoint's series C round funded earlier this year by RockPort Capital Partners, Chrysalix Energy Venture Capital, Firelake Strategic Technology Fund, Monitor Ventures and Shea Ventures.

Canadian Solar Appoints New Directors and CFO

Canadian Solar Inc. (Nasdaq: CSIQ), a Canadian based solar products company with manufacturing operations in China, announced that it has increased the size of its board of directors from five to six and that Michael G. Potter and Yan Zhuang have been appointed directors of the Company. Coincident with their appointment, Arthur Chien has resigned as a director and been appointed to the newly created position of Vice President, Finance of the Company. Dr. Shawn Qu, Chairman and Chief Executive Officer of CSI, announced the appointments. Mr. Potter, 41 years old, has worked in finance, controlling and audit positions with a variety of multinational companies for over 20 years. He is currently Senior Vice President and Chief Financial Officer of NeoPhotonics Corporation, a leading provider of photonic integrated circuit-based modules, components and subsystems for use in optical communications networks with extensive operations in Shenzhen, China. Mr. Zhuang, 44 years old, has worked in corporate branding, sales and marketing positions with, or provided consulting services to, a variety of multinational companies for over 15 years. He is currently Senior Vice President Business Operations and Marketing, Asia Region, of Hands-on Mobile Ltd., a global media and entertainment company with Asian operations in China, Korea and India. Mr. Chien, 46 years old, became a director of CSI in December 2005. Until recently, he was managing director of Beijing Yinke Investment Consulting Co. Ltd., a company which provides financial consulting services and manages its own investment projects.

Solazyme Selected for National Institute of Standards and Technology Award

South San Francisco, CA, based Solazyme, a bioscience company pioneering biofuels and health/wellness products from microalgae, has received a $2 million Advanced Technology Program Award from the National Institute of Standards and Technology to develop a biopetroleum derived from marine microorganisms. Under the program, Solazyme will accelerate development of a renewable, domestically produced light sweet crude oil, or biopetroleum, which is fully compatible with the vast existing petroleum industry infrastructure that refines, distributes, and markets petroleum products for transportation, heating, power generation and petrochemical applications. Development of the biopetroleum technology requires efficient industrial scale bioproduction of pure, long-chain hydrocarbons. The ATP award will advance the achievement of major technical milestones toward commercialization of biopetroleum. www.solazyme.com

First Solar Adds Two New Members to Its Board of Directors

Phoenix, AZ, based First Solar, Inc. (Nasdaq:FSLR), a manufacturer of thin film solar modules, announced the appointment to its board of directors of Craig Kennedy, president of the German Marshall Fund, and Jose H. Villarreal, partner with the law firm of Akin Gump Strauss Hauer & Feld LLP. Mr. Craig Kennedy has been president of the German Marshall Fund since 1995. The German Marshall Fund focuses its activities on bridging U.S.-European differences on foreign policy, economics, immigration and the environment. Mr. Jose H. Villarreal is a partner with the law firm of Akin Gump Strauss Hauer & Feld LLP, and practices primarily in the domestic policy area. "We are pleased to welcome Craig Kennedy and Jose H. Villarreal to our board," said Mike Ahearn, chairman of First Solar.

New CFO for Akeena Solar

Los Gatos, CA, based Akeena Solar, Inc. (NASDAQ:AKNS), a leading designer and installer of solar power systems, announced that Gary R. Effren has accepted an offer to become the Company’s Chief Financial Officer. Mr. Effren, 51, had served as the Vice President/Finance of Knight-Ridder, Inc., a Fortune 500 media company, since January 2005. Prior to that, Mr. Effren served as Senior Vice President/Finance and Chief Financial Officer of Knight-Ridder from 2001 to 2004, and as Vice President/Controller of Knight-Ridder from 1995 to 2001. Akeena disclosed that the new CFO will have an initial salary equivalent to $250,000 per year, and will be eligible to participate in the Company’s bonus program (with target bonus of 50% of salary, dependent on Company performance), and health and other benefits programs. The Company’s Board of Directors approved the grant to Mr. Effren of a stock option to purchase 350,000 shares of common stock, vesting over three years in accordance with the Company’s 2006 Incentive Stock Plan and standard forms of agreement. The option exercise price is $6.30, which was the closing market price on the date of grant.

Pentadyne Names New VPs of Sales, Marketing

Chatsworth, CA, based Pentadyne Power Corporation, a leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced that it had named Johnny Gonzales and Keith Field to new vice-presidential positions. Gonzales was named Vice-President of Sales & Service; Field was appointed Vice-President of Marketing. Both Gonzales and Field were promoted from their current positions at Pentadyne as Directors of Sales and of Marketing, respectively. Pentadyne President & CEO Mark McGough noted that “These two individuals have contributed significantly to our growth this year, which we expect will more than double the size of the business. ” Gonzales is a 4-year veteran of Pentadyne and “a key person responsible for bookings growth at the company,” McGough said. Gonzales will remain directly responsible for existing accounts until those responsibilities are reassigned “as part of our aggressive buildup of the sales force for our next phase of growth,” he said. Gonzales has 30 years of experience within the power quality industry, working for both static UPS manufacturers and rotary/flywheel UPS manufacturers, including Hitec and SatCon. Among those companies, he has held positions in applications engineering, senior project management and sales management. Field was hired as Director of Marketing at Pentadyne in June of 2006. Field was formerly in a similar capacity at microturbine generator manufacturer Capstone Turbine. Prior to directing marketing and communications at Capstone, Field managed product marketing and communications at Clifford Electronics, now a division of consumer electronics manufacturer Directed Electronics.

JA Solar Appoints President and Chief Operating Officer

Hebei, China, based solar cell manufacturer JA Solar Holdings Co., Ltd. (NASDAQ: JASO) announced the appointment of Dr. Kang Sun as president and chief operating officer. The former chief operating officer, Mr. Zhilong Zhang, will assume the position of general manager of Shanghai JA Solar PV Technology Co., Ltd., a wholly owned subsidiary of JA Solar. Dr. Sun has been an independent director of JA Solar’s board since January 2007. He will continue to serve on the board but will no longer be designated as an independent director. Dr. Sun has held executive positions in the areas of business development, marketing and sales, technology management, operations and investments at both large global corporations, such as Applied Materials, AlliedSignal, Honeywell and Oce, as well as technology startups. Samuel Yang continues as the company's chief executive officer.

U.S. Department of Commerce Awards Metabolix $2 Million

CAMBRIDGE, Mass., Sep 27, 2007 -- Metabolix, Inc. (NASDAQ: MBLX), a bioscience company focused on developing clean, sustainable solutions for plastics, fuels, and chemicals, announced today that it has received an Advanced Technology Program (ATP) award from the U.S. Department of Commerce's National Institute of Standards and Technology (NIST). The $2 million award will be used by Metabolix to develop a commercially viable process for producing biobased chemicals from renewable agricultural products, rather than from fossil hydrocarbons such as oil or coal. Link.

Nanosolar Signs Contract for Solar America with U.S. Department of Energy

PALO ALTO, California - Nanosolar Inc., a global leader in solar power innovation, today announced it has been awarded a cost-shared, three-year cooperative agreement by the U.S. Department of Energy (DOE) as part of the Solar America Initiative (SAI) in addition to receiving DOE SBIR Phase II and DOE NREL grants. Nanosolar will use the funds to deliver solar power product and system innovations to enable grid-parity commercial systems. Link.

VYCON Appoints Frank DeLattre as Vice President of Sales and Marketing

Los Angeles – VYCON, an innovator in the design and manufacture of green-tech, energy storage flywheel systems, announced that Frank DeLattre has joined VYCON as Vice President of Sales and Marketing, UPS & Power Quality Applications. Link. Chart.

UQM Technologies Appoints Jon Lutz Vice President of Technology and Promotes Ronald Burton to Senior Vice President of Operation

Frederick, CO, based UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, announced today that it has appointed Jon Lutz to the newly created position of Vice President of Technology with responsibility for the company’s engineering and research and development activities. The Company also promoted Ronald Burton to the position of Senior Vice President of Operations. Mr. Lutz will continue to report to Mr. Burton. Mr. Lutz began his career with the Company in 1993 and has served in a variety of increasingly responsible positions, most recently as Director of Engineering. Mr. Lutz holds a Bachelor of Science and a Masters of Science degree in electrical engineering from the University of Colorado. Mr. Burton joined the Company in 2004 as Vice President of Operations after serving as an executive for over fifteen years in the motor industry. Mr. Burton holds a bachelors degree in electrical engineering from Morehead University. UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector including propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications.

Akeena CFO Resigns

Los Gatos, CA, based Akeena Solar Inc. (NASDAQ: AKNS) disclosed that David “Lad” Wallace, the Chief Financial Officer of Akeena Solar, Inc. will resign from the Company effective September 30, 2007. Barry Cinnamon, the Company’s Chief Executive Officer, President, Secretary and Treasurer, will also serve as Chief Financial Officer of the Company beginning on October 1, 2007, for the interim period following Mr. Wallace’s departure.

Big Money Methane

GreatPoint Energy Inc., a Cambridge, Mass.-based developer of low-cost gasification technologies, has raised $100 million in Series C funding. Dow Chemical Co. and Citi Sustainable Development Investments led the funding and were joined by AES Corp., Suncor Energy and return backers Advanced Technology Ventures, DFJ, Kleiner Perkins Caufield & Byers and Khosla Ventures.

Yoram Bronicki Appointed President of Ormat Technologies

Reno, NV, based Ormat Technologies, Inc. (NYSE: ORA), announced that its Board of Directors has appointed Yoram Bronicki, currently the Company's Chief Operating Officer, to the position of President, effective immediately. Mr. Bronicki will continue to serve as the Company's Chief Operating Officer in addition to his duties as President. Ms. Dita Bronicki, who is stepping down from the position of President, will continue to serve as the Company's Chief Executive Officer. Mr. L.Y. Bronicki continues as Chairman of the Board. Ormat Technologies, Inc. is a vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy power plants using Organic Rankine Cycle (ORC) technology. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services.

SunPower Corp Poised to Receive $24 Million Over Three Years

San Jose, CA, based SunPower Corp. (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has been awarded a cost-shared, three-year cooperative agreement by the U.S. Department of Energy (DOE) for the "Grid-Competitive Residential and Commercial Fully Automated PV Systems Technology" Project. Under the cooperative agreement, SunPower is expected to receive $8,469,998 in federal funding through the completion of its first project budget period, which will be implemented through August 31, 2008. Upon successful completion of key project milestones and sustained execution of a viable business strategy, as much as $16,230,002 in additional funding will be made available for continued project implementation through June 30, 2010. The total potential funding from the DOE under the Solar American Initiative (SAI) is up to $24.7 million for this three-year project, subject to availability of funds appropriated by the U.S. Congress.

VeraSun Energy Names Mark Dickey Vice President and Assistant General Counsel

BROOKINGS, S.D., -- VeraSun Energy Corporation (NYSE: VSE), one of the nation's largest ethanol producers, today announced that Mark Dickey has joined the company as Vice President and Assistant General Counsel. All together, Dickey brings more than 20 years of legal experience, including 14 years in private practice. Link. Chart.

Thanks Ben!

The CGT Portfolio (please click the link shown on the upper right of the blog) has appreciated from approximately an $800 loss last Wednesday to about a $3200 gain this evening. I'm guessing that the Federal Reserve Bank's decision to lower the Federal Funds and the Discount Rate by half a point on Tuesday afternoon may have had a lot to do with the improved value. Please send your suggestions for adding or subtracting names and for a preferred publishing schedule for the CGT Portfolio. We plan to create a CGT index over time.

Last week...

New Management at Metabolix Joint Venture

Cambridge, MA, based Metabolix Inc. (NASDAQ: MBLX) announced that Telles™, its joint venture with Archer Daniels Midland (NYSE: ADM) that produces Mirel™ bioplastics, has appointed four individuals to support technical operations, product marketing, and European sales of Mirel. Joining Telles are Frank J. Popola, Compounding Technology and Operations Manager; Holly Wilson-Jene, Director of Product Marketing; Sally Kline, Ph.D., Director of Technology; and Diether Hesse, Commercial Director Europe. Mirel is a new family of bioplastics made from corn that provides an alternative to traditional petroleum-based plastics. Unlike conventional plastics, Mirel biodegrades in a variety of environments including soil, home compost, wetlands, rivers and oceans.

Frank J. Popola is a well-rounded plastics industry professional, bringing 25 years of experience in business, development, sales, operations, and technical management. Frank is responsible for developing the compounding infrastructure to support the supply of Mirel bioplastics to customers. Prior to joining Metabolix, he was Technology Manager at Century Extrusion and Manager of International and Indirect Sales at Century, Inc. Frank holds a Bachelor of Science in Chemical Engineering from the New Jersey Institute of Technology in Newark, N.J.

Holly Wilson-Jene has an extensive background in polymer sales and marketing. Holly is responsible for developing and implementing marketing strategies, developing support tools for existing markets and identifying new markets for Mirel. She brings 20 years of experience in marketing and sales. Prior to joining Metabolix, she was Marketing Director at NOVA Chemicals in Moon Township, Pa. Holly holds a Bachelor of Science in Chemical Engineering from the University of Massachusetts in Amherst, Mass., and an MBA from the University of Michigan in Ann Arbor, Mich.

Sally Kline, Ph.D., brings more than 20 years of experience in plastics technology research, development and commercialization. Sally is responsible for all product development, applications and formulations for new grades of Mirel. Prior to joining Metabolix, she spent more than five years at The PolyOne Corporation in Avon Lake, Ohio, serving as director of technology, engineering materials. Sally holds a Doctorate of Engineering in Macromolecular Science at Case Western Reserve University in Cleveland, Ohio.

Diether Hesse is based in Switzerland and has a 15 year track record in Polymer Marketing and Sales. At Telles he is responsible for developing and managing the European/MEAF business for Mirel bioplastics. Prior to joining Telles, he spent 8 years with NOVA Chemicals where he held leadership roles in Marketing and Sales. Diether is a Graduate in Marketing and Economics from the Universities of Bochum, Germany and Le Mans, France.

Octillion Appoints Alastair Livesey As Director

Auburn Hills, MI, based Octillion Corp. (OTCBB:OCTL), which is developing a transparent window capable of generating electricity, has announced the appointment of Dr. Alastair K. Livesey to the Company’s Board of Directors. Dr. Livesey is currently a consultant in the renewable energy field and the former Executive Manager of New Business Development and Strategic Planning at Energy Conversion Devices, Inc. (ECD). During his tenure at ECD, Dr. Livesey conducted financial evaluations and prioritization of solar research and development projects, conducted strategic studies of photovoltaic manufacturing expansion options, designed budgetary controls for multiple $60 million-plus capital building projects, and participated in efforts to raise $350 million by public stock offering. Dr. Livesey also served as Director of Business Development and Architecture Design for the developmental Cognitive Computer program and as Director of the Hydrogen Energy Systems business unit during his six years with the company. He holds a Ph.D. in Experimental Physics (Amorphous Materials, Physics, Metallurgy, and Materials Science) from the Cavendish Laboratory of Physics at Cambridge University, an M.A. degree in Science, and a B.A. degree in Crystallography, Physics, Chemistry, and Math.

Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar-related technologies. Among its current research and development activities is the development of a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.

Amyris Biotechnologies Announces $70 Million Funding Round

Emeryville, CA, based Amyris Biotechnologies, an innovator in the development of renewable hydrocarbon biofuels, announced that it closed the first tranche of its $70 million Series B funding. Duff Ackerman & Goodrich Ventures (DAG Ventures) led the financing and was joined by existing Series A investors, including Khosla Ventures, Kleiner Perkins Caufield & Byers, and TPG Ventures. The Series B funding will be used to further the development and scale up of its technology for the production of three transportation biofuels: bio-gasoline, bio-diesel, and bio-jet, and to support business initiatives to enable Amyris to bring its biofuels to market as early as 2010. "Amyris has not only a break-through technology but a clearly defined strategy to commercialize a promising slate of next-generation biofuels that could have a profound impact on the transportation market," said R. Thomas Goodrich at DAG Ventures. "Amyris is designing better biofuels from designer bugs" said John Doerr, partner at Kleiner Perkins Caufield & Byers. "This is a big deal because Amyris' cost competitive biofuels will work with existing engines without compromising performance and will have a lower carbon footprint. This financing will help Amyris scale with speed." Amyris expects to close the second tranche of its Series B financing by the end of 2007.

Lime Energy Appoints Dave Laybourn as New Director of Sales and Marketing

Elk Grove Village, IL, based Lime Energy Co. (OTC Bulletin Board: LMEC) announced that Dave Laybourn joined the company as Director of Sales and Marketing. In this new position, Dave Laybourn has responsibility for overseeing a national sales platform across all products and services including working directly with utilities in order to maximize return from efficiency rebate opportunities and demand side management (DSM) programs. Prior to joining Lime Energy, Mr. Laybourn enjoyed an eleven year career with Rain Bird Landscape Drip, a global leading manufacturer and provider of irrigation products and services. In his most recent role, Mr. Laybourn served as New Product Development Manager and was responsible for increasing sales across Company drip irrigation product lines. Lime Energy is one of the nation's leading energy efficiency technology and engineering companies.

Evergreen Solar Breaks Ground on New Manufacturing Facility in Massachusetts

Marlboro, MA, based Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of solar power products has broken ground for its new $165 million facility in Devens, Massachusetts. The new manufacturing plant will increase Evergreen Solar’s production capacity in Massachusetts by 75 megawatts and double its employee base in the state to more than 600. Evergreen currently operates its prototype production and manufacturing facility in Marlboro, Massachusetts. Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company’s patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches.

Octillion Appoints Thomas Gladwin As Director

Auburn Hills, MI, based Octillion Corp. (OTCBB:OCTL) announced the appointment of Professor Thomas N. Gladwin, PhD, MBA, to the Company’s Board of Directors. Professor Gladwin is the Max McGraw Professor of Sustainable Enterprise and Co-Director of the Erb Institute for Global Sustainable Enterprise at The University of Michigan, jointly appointed in the University’s Stephen M. Ross School of Business and the School of Natural Resources and Environment. He co-directs the University’s “Sustainable Mobility and Accessibility Research & Transformation” [SMART] Project, and also serves as a Core Faculty Member in the HRH The Prince of Wales's Business & the Environment Programme, directing its Senior Executives’ Seminars in the U.S. Dr. Gladwin holds both an MBA (with distinction) and a Ph.D. in International Business & Natural Resource Policy from the University of Michigan, and has published extensively—more than 140 publications and eight books—on corporate strategy, environmental sustainability, and economic globalization. He is the recipient of 30 foundation and academic awards for research on ecologically and socially sustainable commerce, including major awards from the National Science Foundation and the Energy Foundation. In 2003 he received the “Faculty Pioneer Award for Lifetime Achievement” from the World Resources Institute and the Aspen Institute. Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar related technologies.

Pentadyne Power Scores $14 Million in Funding

Chatsworth, CA, based Pentadyne Power Corporation, a leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced that Loudwater Investment Partners have led a $14 million capital round to finance further company growth and product development. Loudwater invests in late stage private growth companies and has offices in London and San Francisco. Approximately half of their investments are in US technology companies. Edward Forwood, Managing Director of Loudwater, said, “Pentadyne has developed the most efficient flywheel energy storage technology with immediate application in UPS and other markets. We are confident that this will soon result in market leadership.”

Basin Water Completes Acquisition of Mobile Process Technology, Co

Rancho Cucamonga, CA, based Basin Water Inc. (NASDAQ:BWTR) announced that on September 14, 2007, it completed the acquisition of Mobile Process Technology, Co. (MPT), a provider of technology and services to the water treatment and industrial process markets. Under terms of the agreement, Basin Water has purchased the stock of MPT for approximately $11.8 million, with approximately 40% of the total paid out in Basin Water shares and the remainder in cash. MPT, with 24 employees and headquartered in Memphis, TN, is forecast to have annual sales of approximately $6 million for 2007. The companies' management state that the combination is expected to be complementary. Basin Water employs water treatment technologies including its own proprietary, scalable ion-exchange wellhead treatment system, for a broad range of clients.

H2Gen Innovations Appoints VP of Sales and Marketing

H2Gen Innovations announced today the appointment of Ken Grieshaber as Vice President of Sales and Marketing. He was previously Global Director of Combustion Industries at Linde – BOC. Mr. Grieshaber had a twenty-three year career at BOC, during which he held a number of marketing and management positions. Prior to serving as Global Director Combustion Industries, Mr. Grieshaber had been a General Manager commercializing new technologies and Director of the Metals Market Sector for the Americas. He has a BS degree in Metallurgical Engineering from Lehigh University, and a MS in Management from Purdue University. H2Gen Innovations, of Alexandria, VA, is a privately held company that designs, manufactures and markets low-cost on-site hydrogen generators and gas purification plants.