Yvette Go, investment manager at SET, said: “With MicroShade, PhotoSolar has a great product in hand.”
Month: August 2011
O-Flexx Technologies extends round
Yvette Go, investment manager at SET, said: “O-Flexx’s proprietary thermo-electric solution is absolutely unique. What makes the technology significant is that it opens up markets where electricity generation from waste heat was never feasible before.”
RWE distributes Quietrevolution
RWE Innogy has agreed to sell up to 100 units of the wind turbine in Germany by the end of next year.
Innogy adds 20% of Airec
Germany-based power utility RWE Innogy’s corporate venturing unit has bought 20% of Sweden-based Airec, which makes heat exchangers for gases.
Innogy soaks up Mantex deal
The deal with Mantex comes three months after RWE Innogy founded Innogy Venture Capital as a subsidiary company to formalise its corporate venturing activities begun in 2008.
Turkcell starts Enterprise Factory
The incubator will host eight to 16 entrepreneurs for a year and they will receive academic and business development consultancy as well as professional service support from Ozyegin University.
Tri-O-Gen hires Groen
Groen was previously managing director of sales and marketing in the Netherlands at utility company Nuon.
Alliander joins the Locamation
Alliander, a Netherlands-based energy network company, has joined its former parent in backing Locamation, a local developer and supplier of smart grid technology. Locamation raised €5m ($7m) in its second financing round with Alliander joining existing investors Yellow&Blue Investment Management and the portfolio company’s management, both of which have increased their stake in this round.… Continue reading Alliander joins the Locamation
Novusmodus expands team
ESB Novusmodus, the corporate venturing group of Ireland-based utility ESB, has shaken up its investment team, including the appointment of Bertrand Gautier (pictured) as a partner and departure of Michael Foley.
ESB blows into WED
ESB Novusmodus, the corporate venturing group of Ireland-based utility ESB, has led a €20m ($28m) investment into local renewables developer, Wind Energy Direct (WED). The funds will be used for the development of on-site projects for large energy users across Ireland and the UK, adding up to 75MW of wind generation capacity. Michael Aherne, co-head… Continue reading ESB blows into WED
Mita transfer from Docomo Capital
Yasuhiro Mita had spent four years as managing director of Docomo Capital and has transferred to being a manager at NTT Docomo, the group’s mobile phone operator.
Innovacom backs African Social Venture Prize
The prize is on the online portal StarAfrica.com and will promote social business projects, targeting the African countries of Orange’s footprint.
6Peo markets to Innovacom
Innovacom, the corporate venturing unit of phone operator France Telecom, has invested €2m ($3m) in local web marketing developer 6Peo.
Innovacom tapes Aviwest deal
Innovacom, the corporate venturing unit of phone operator France Telecom, has invested €2m ($3m) in Aviwest, a local video equipment provider.