Thursday, October 23, 2008

David Eagleson Signs on as Vice President of Sales at Solicore

Lakeland, FL—Solicore, a global leader in embedded power solutions, has named David Eagleson as Vice President of Sales and Strategic Accounts. With more than 20 years of experience in sales and sales management in enterprise software and automatic identification-based solutions, Eagleson brings a deep understanding of driving revenue in emerging technology markets for continued market penetration of Solicore’s pioneering ultra-thin Flexion® batteries. Link.

Wednesday, October 22, 2008

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

NISKAYUNA, N.Y.-- GE (NYSE: GE) is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance - Equity and GE Energy Financial Services, bringing GE’s combined total investment in A123Systems to $55 million. Link.

Rentech Appoints Dan J. Cohrs as Chief Financial Officer

LOS ANGELES -- Rentech, Inc. (AMEX: RTK) today announced the appointment of Dan J. Cohrs as Executive Vice President and Chief Financial Officer (CFO). Mr. Cohrs' appointment is effective on October 22, 2008. Doug Miller, who served as Interim Chief Financial Officer during the past few months, will continue his duties as Chief Operating Officer of Rentech. Link. Chart.

GridPoint Appoints Michael R. Lach Chief Operating Officer

ARLINGTON, VA – GridPoint, Inc., a leading clean tech company whose smart grid software platform benefits electric utilities, consumers and the environment, announced that it has appointed Michael R. Lach Chief Operating Officer. Previously, Lach served as President and Chief Operating Officer for NeuStar, which was named 2005 Technology IPO of the Year. Link.

Monday, October 20, 2008

SunPower Names Dennis V. Arriola Chief Financial Officer

SAN JOSE, -- SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced that utilities veteran Dennis V. Arriola has been named SunPower's senior vice president and chief financial officer (CFO). Arriola will join SunPower in November, reporting to CEO Tom Werner. In this strategic role, Arriola will lead the company's global finance, planning and accounting organizations, as SunPower continues its growth in the residential, commercial and utility solar markets. Link. Chart.

Novomer Set to Continue Strong Momentum with New CEO and Corporate Headquarters

Boston, Mass. – – Novomer Inc., a materials company pioneering a family of high-performance, biodegradable plastics, polymers and other chemicals from renewable substances, today announced the appointment of Jim Mahoney as its new chief executive officer and the relocation of company headquarters from Ithaca, N.Y. to Boston, Mass. Today the company also announced the appointment of industry veteran Peter Shepard as vice president of business development. Link.

Friday, October 17, 2008

SemiSouth Appoints Kenney Roberts as CEO

Austin, Texas, – SemiSouth Laboratories, Inc., a clean energy enabler specializing in silicon carbide (SiC) based power management, announced today the appointment of Kenney Roberts as President and Chief Executive Officer. Mr. Roberts previously served as SemiSouth’s Chief Operating Officer since joining the company in early 2008. Link.

Wednesday, October 15, 2008

SJF Ventures Invests in CleanScapes $10MM Financing

Durham, NC & Seattle, WA – SJF Ventures II, LP closed today on a $1,600,000 investment as part of a $10,000,000 Series A preferred financing for CleanScapes, Inc. CleanScapes is a recycling, organics, and waste collection company with operations in Seattle and Shoreline, WA, Portland, OR and San Francisco, CA. The ten-year-old company initially provided innovative ‘Dumpster Free Alley’ streetscape services and has since expanded to provide municipal collection services. CleanScapes recently won contracts totaling $40MM annually in Shoreline and Seattle, WA. Link.

Tuesday, October 14, 2008

Evergreen Solar Appoints William "Smitty" Ovitt as Director of Sales

MARLBORO, Mass.-- Evergreen Solar, Inc. (Nasdaq: ESLR), a manufacturer of STRING RIBBON(TM) solar power panels with its proprietary, low-cost wafer manufacturing technology, announced it has appointed William "Smitty" Ovitt as Director of Sales, Asia Pacific. In this newly-created role, Ovitt will oversee the sales and marketing in the Asia Pacific region, a key geographic area in Evergreen Solar's global expansion plan. Link. Chart.

Silver Spring Networks Appoints Warren Jenson Chief Financial Officer

Redwood City, Calif., - Silver Spring Networks announced the appointment of Warren Jenson as Chief Financial Officer. Warren joins the Silver Spring executive team after having served as Executive Vice President and Chief Financial Officer at Electronic Arts. Warren will report to Silver Spring Networks’ President and Chief Executive Officer, Scott Lang. Link.

GE Gives Jolt to Solar Power Pioneer Soliant Solar Power International

SAN DIEGO & MONROVIA, Calif.--GE Energy Financial Services, a unit of GE (NYSE: GE), is giving a jolt to solar power pioneer Soliant Energy by joining a group providing the company with nearly $21 million in venture capital. GE Energy Financial Services announced today at Solar Power International ’08 in San Diego that it is investing $2.5 million and providing the power of GE’s ecomagination program to Soliant. The Monrovia, CA-based company -- founded by NASA Jet Propulsion Laboratory scientists and engineers -- is developing what it intends to be the most efficient and lowest cost technology to generate electricity from the sunlight that shines on commercial rooftops, a market it estimates will reach $13.2 billion by 2010. GE estimates that commercial and industrial buildings comprise 60 percent of the total roof area in the United States. Link.

Tigo Energy Opens Israeli Office & Names Industry Veteran Modi Avrutsky To Oversee Operation

Los Gatos, CA – Tigo Energy, the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced the opening of its first international office. The facility which is in Kfar Saba, just outside of Tel Aviv, will focus on the company’s engineering activities. Tigo has recruited Mordechay (Modi) Avrutsky to head the operation. Avrutsky will serve as the Vice President of Engineering and site General Manager. Link.

Monday, October 13, 2008

Wind Energy Industry Operations Leader Joins Nordic Windpower Board

Berkeley, CA, -- Nordic Windpower, Ltd., a leading manufacturer of innovative and cost-competitive utility-scale wind turbines, today announced that Dr. Hansjörg Müller, former Chief Operating Officer of Nordex AG, a major international wind turbine manufacturer based in Europe, has been appointed to its Board. Link.

Friday, October 10, 2008

SunEdison Appoints Reed Hundt to the Board of Directors

BELTSVILLE, Md.--SunEdison, North America’s largest solar energy services provider, today named former Federal Communications Commission Chairman Reed Hundt as a non-executive, independent board member. Link.

Tuesday, October 7, 2008

Kleiner Perkins Caufield & Byers Leads $75 Million Investment in Silver Spring Networks

Redwood City, Calif., - Kleiner Perkins Caufield & Byers (KPCB) and Silver Spring Networks, a leading provider of Smart Grid technology solutions, announced today that KPCB’s Green Growth Fund led a $75 million investment round into Silver Spring Networks. The new funding, a portion of which has been reserved for strategic partners, included returning investors Foundation Capital, JVB Properties, and Northgate Capital. Link.

Verenium Appoints Gregory Powers Executive Vice President of Research and Development

CAMBRIDGE, Mass., -- Verenium Corporation (Nasdaq: VRNM), a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, today announced the appointment of Gregory Powers, Ph.D., to the position of Executive Vice President, Research and Development. Powers will report directly to Carlos A. Riva, Verenium's President and Chief Executive Officer. Link. Chart.

Thursday, October 2, 2008

GreenVolts Adds 20-Year Industry Expert as VP and General Counsel

San Francisco, Calif. -- GreenVolts (www.greenvolts.com), a leader in concentrating photovoltaic (CPV) technology, today introduced Richard Raushenbush as the company’s Vice President and General Counsel. Mr. Raushenbush’s extensive experience working with public utilities and government agencies makes him ideally suited to help guide GreenVolts’ continued growth and new utility-scale solar projects around the world. Link.

Wednesday, October 1, 2008

Ausra Secures $60.6 Million in Funding

Palo Alto, CA—Ausra, Inc., the provider of large-scale solar thermal energy systems for industrial processes and utility electricity generation, has secured $60.6 million in its latest preferred equity financing. Investors in this closing were led by KERN Partners of Calgary, Alberta, Canada; and also included Generation Investment Management, based in London, England; Starfish Ventures of Melbourne, Australia; and Ausra's founding investors Khosla Ventures and Kleiner Perkins Caufield & Byers. The investor group committed these funds in support of Ausra's reliable, cost-competitive technology, seasoned management team and global expansion. Link.