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.