The Daily Sprout

Xunlight Raises $11M for Thin-Film: Toledo, Ohio-based solar startup Xunlight has raised $11 million in third round financing from Rabo Ventures, Trident Capital and Emerald Technology Ventures. The money will be used for expansion, including a 25-megawatt roll-to-roll manufacturing facility – Press Release.

UN Says Hurricanes, Floods in Line With Global Warming: The head of the United Nations Environment Program said Monday: “These natural disasters do reflect a pattern of change that is in line with projections” by experts on the Intergovernmental Panel on Climate Change – Reuters.

Battery Maker PowerGenix Seals Sales Deal, Preps for IPO: San Diego-based PowerGenix will supply its non-toxic, rechargeable nickel-zinc batteries for electric bikes. The company says it’s signed over $75 million in contracts, and with some soon-to-be-disclosed funding, the company’s CEO says they are headed for an IPO – Cleantech Group.

DuPont to Expand Tedlar Manufacture for Solar: Chemical giant DuPont said today that it will be expanding its production of Tedlar films in anticipation of growing demand from the solar industry. The films are used as the backsheet for solar panels – Reuters.

Lutz: Volt Batteries “Performing Flawlessly”: GM Vice Chairman Bob Lutz said the lithium-ion batteries in the Volt are meeting all expectations. Good news for the mystery batter maker – Autoblog Green.

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