In 2013 cleantech investing will move toward companies serving unsubsidized markets where software plays a role in reducing power consumption. In many ways this is a return to plays for energy efficiency, and there’s still money to be made from business models built around saving energy. Read more at GigaOM Pro »
The market for grid-scale advanced batteries is forecasted to reflect nearly $30 billion in investment through 2020. Tapping into this potential depends on the technical and market-focused innovations of a small industry ecosystem, one that faces considerable challenges in R&D and funding. Read more at GigaOM Pro »
This quarter Tesla’s production schedule came under fire, and share economy leaders Airbnb raised cash while Zipcar struggled with its membership model. Meanwhile the Indian power outage in July prompted questions about how the developing economy will power itself. Read more at GigaOM Pro »
If there is one thing to know about the pace of progress for battery innovation, it’s this: There is no Moore’s law for batteries. The rapid progress that has been made over the past decade in silicon and computing makes the pace of innovation in batteries, ... Read more at GigaOM Pro »
Batteries continue to be the bane of mobile devices, but research done at Northwestern University could change that, with longer-lasting batteries that charge in minutes, not hours. Imagine a battery that lasts 10 times longer than today’s power packs with a 15-minute recharge time! Read more »
Only 72 percent of China’s wind-power sources are connected to its grid — meaning there’s a good deal of wind turbines that are spinning that aren’t providing usable clean power. Battery maker A123 Systems hopes its first deal in China can help with that problem. Read more »
The automotive battery joint venture between Johnson Controls and Saft has gone sour and according to analysts with Needham & Company Johnson Controls is unhappy because the Saft deal is holding it back from the power grid battery market (and Hitachi might be a better partner). Read more »
A new report on the crash of a UPS jet carrying rechargeable lithium batteries outlines the hazards of transporting these devices. It’s the latest fuel for concern about the safety of lithium ion batteries, which store energy not only for gadgets but also plug-in vehicles. Read more »
A new $3 million NIST award could offer a significant boost for Austin, Tex.-based ActaCell, whose backers include Google.org, DFJ Mercury and Applied Ventures. The startup aims to scale up production of its novel nanocomposite material for lithium battery anodes by a factor of 1,000. Read more »
Electric car startup Coda Automotive has just announced the first funding for its joint venture with Chinese battery giant Lishen. The duo has agreed to invest $100 million in the venture, which just snagged a $294 million line of credit. Read more »
Battery maker A123Systems has just hit a milestone in its young public life: Officers, directors, employees and early investors holding more than two thirds of A123′s common stock are free to cash out. A123′s shares have sunk more than 5.9 percent today. Read more »
Chrysler and Fiat plan to launch an electric version of the Fiat 500 minicar packed with lithium-ion batteries from A123Systems in the U.S. in 2012, Chrysler announced today. It will mark the pair’s first all-electric model, and a big year for A123 as it finds its […] Read more »
As recently as August, the largest lithium battery recycler in North America — Toxco — snagged a $9.5 million grant from the Department of Energy to build out battery recycling capacity in Ohio and pledged to provide “end of life management” for advanced vehicle batteries “in […] Read more »
The investment and innovation pouring into lithium-ion battery technology for electric cars could be a major boon for a greener power grid. According to a new report out today from Pike Research, the global market for lithium-ion batteries in utility-scale applications (storing energy from intermittent renewable […] Read more »
A123Systems’ Nasdaq debut Thursday thoroughly justified the company’s confidence in its initial public offering, with the stock leaping more than 50 percent to close at $20.29 per share after pricing at $13.50 per share Wednesday. That price represented a hike from the already raised estimated range […] Read more »
MySpace is cutting nearly 30 percent of its U.S. workforce, or roughly 420 people, the social networking site said today, bringing its total number of U.S. employees to around 1,000. The announcement comes just two months after MySpace CEO Chris DeWolfe and President Tom Anderson left […] Read more »