Ostara Nutrient Recovery Technologies Raises U.S. $10.5 Million

VANCOUVER, BRITISH COLUMBIA - Ostara Nutrient Recovery Technologies Inc., developer and marketer of proprietary technologies that recover resources from wastewater and recycle them into valuable products, announced today the completion of a U.S. $10.5 million private equity financing. The financing was led by VantagePoint Venture Partners, a leading international CleanTech investor based in Silicon Valley. Also participating was Foursome Investments Limited, a London-based venture investor that focuses on environmental and clean technology. Ostara Nutrient Recovery Technologies Inc. was founded in 2005. Link.

International Rectifier Names Ilan Daskal Chief Financial Officer

EL SEGUNDO, Calif.--International Rectifier Corporation (NYSE:IRF) today announced the appointment of Ilan Daskal as Chief Financial Officer, effective October 6, 2008. Daskal will report directly to Oleg Khaykin, President and Chief Executive Officer, and will be responsible for all finance and accounting functions at the Company. Link. Chart.

Codexis Names Vice President, Intellectual Property

Redwood City - Codexis, Inc., today announced the appointment of Lynn Marcus-Wyner, Ph.D., as Vice President, Intellectual Property. She will be responsible for managing the company’s intellectual property strategy, activities, and patent portfolio and will report to Douglas Sheehy, Vice President, General Counsel and Secretary. Link.

Medis Technologies Ltd. Appoints Jose Mejia as President and Chief Executive Officer

New York, NY, - Medis Technologies Ltd. (NASDAQ:MDTL) announced today the appointment of Jose Mejia as its President and Chief Executive Officer. Robert K. Lifton, who had held the position of CEO, will continue as Chairman. Jacob Weiss, who had held the position of President, has been named Executive Vice President. Link. Chart.

Octillion Appoints Director to Develop New Technologies for Generating Electricity

Auburn Hills, MI –– Octillion Corp. (Symbol: OCTL), a next-generation alternative and renewable energy technology incubator, today announced the appointment of Mr. Meetesh V. Patel, Esq. to the Company’s Board of Directors, and as the new President of Kinetic Power Corp., a recently formed wholly-owned subsidiary specifically focused on generating electricity from moving vehicles. Link. Chart.

GreenVolts Closes $30 Million From Oak Investment Partners in Series B Financing

San Francisco, Calif. -- GreenVolts (www.greenvolts.com), a leader in concentrating photovoltaic (CPV) technology, today announced that it has secured $30 million in Series B funding from Oak Investment Partners. Link.

Cree Names Steve Kelley as Chief Operating Officer

DURHAM, N.C., — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces that Steve Kelley will join the company as executive vice president and chief operating officer, effective today. In this newly created position, Kelley will be responsible for business development, global manufacturing, technology and administrative operations of the company. Link. Chart.

Comverge Announces Re-Organization to Streamline Business

EAST HANOVER, N.J., -- Comverge, Inc. (Nasdaq: COMV) announced today that it will consolidate its three current business groups into one group to be named the Comverge Clean Energy Solutions Group ("Solutions Group") to more effectively manage its rapidly growing clean energy portfolio and to optimize synergistic benefits from its acquisitions. At the same time, Comverge announced the formation of a new group to be called the Comverge Clean Energy Enterprise Group ("Enterprise Group") to serve as the clean energy research and development arm of Comverge. Link. Chart.

HelioVolt Hires VP of Sales and Marketing to Lead Global Energy Market Expansion

AUSTIN, Texas -- HelioVolt Corporation, a producer of highly efficient thin film solar energy products, appointed Haresh P. Patel as vice president of sales and marketing. Patel joins HelioVolt with more than 20 years of experience driving high revenue growth through sales at both emerging and established electronics technology companies, including Agilent Technology, PMC Sierra and Texas Instruments. In this newly created position at HelioVolt, Patel will direct the planning and execution of global sales and marketing efforts along with related technology development for the company's advanced solar products. Link.

POWERGENIX Closes $30M Venture Round

SAN DIEGO--PowerGenix, manufacturer of nontoxic, high performance rechargeable Nickel-Zinc (NiZn) batteries, today announced the close of its $30 million Series D financing round. The round was led by Bessemer Venture Partners and included existing investors: Advent International, Angeleno Group, Braemar Energy Ventures, Granite Ventures, OnPoint Technologies and Technology Partners. Link.

GE Invests in Advanced Electron Beams

STAMFORD, Conn. and WILMINGTON, Mass. -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today a venture capital investment of $4 million in Advanced Electron Beams, whose technology helps traditional manufacturers become more environmentally sustainable while improving profitability. The technology uses a stream of electrons to initiate chemical reactions or break chemical bonds more efficiently than existing thermal and chemical approaches. Link.

Intelligent Energy appoints Murali (Lee) Arikara Head of US Operations

Long Beach, California, 16 September 2008 -- Intelligent Energy (IE), a leading fuel cell power systems company, announced today that it has appointed Murali (Lee) Arikara as head of its US operations. “We are delighted to have someone of Lee’s calibre in this important position,” said Henri Winand, CEO of Intelligent Energy. “His background in the fuel cell industry and his experience as an entrepreneur, combined with his passion for clean energy, will be critical as we transform our US operations.” Link.

Algenol Biofuels Appoints Chief Science Officer

NAPLES, Fla., -- Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the appointment of Dr. John R. Coleman as Chief Science Officer. Dr. Coleman, currently the Vice-Principal Research and Graduate Studies at the University of Toronto, has over 20 years of experience in the fields of molecular biology and biochemistry of photosynthetic carbon metabolism in higher plants and cyanobacteria. Link.

Ausra Announces High-Profile Senior Management Additions

Palo Alto, CA — Ausra, Inc., the provider of large-scale solar thermal energy systems for industrial processes and utility electricity generation, has announced three high-profile new additions to its senior management. Benjamin Montoya joins Ausra as a new board member, Debra A. Olson as general counsel, and Jeffrey J. Melby as senior vice president for research and product development. Their experience and abilities expand an already strong management team with decades of experience in the global technology, wind power, and electric utility business. Link.

Energy Conversion Devices Appoints Alan E. Barton as Independent Director

ROCHESTER HILLS, Mich., -- Energy Conversion Devices, Inc. (Nasdaq: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, today announced the appointment of Dr. Alan E. Barton to its Board of Directors, effective September 1, 2008. Dr. Barton is presently an Executive Vice President at Rohm and Haas. Link. Chart.