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Great Power, Trina Solar set up JV for PV power storage, smart grid business
China-based lithium iron (ferrous) phosphate (LFP) battery maker Guangzhou Great Power Energy & Technology and Trina Solar (Changz.....»»
Tesla Secretly Constructing Mega-Battery Storage Facility For Texas Grid
Tesla Secretly Constructing Mega-Battery Storage Facility For Texas Grid .....»»
Year in review: 2020 tests the resiliency of St. Louis" tech firms
In the midst of the pandemic, St. Louis startups continued to raise significant funding, pivot operations to sustain operations and generate exits......»»
U.S. SEC eases crowdfunding rules for firms due to coronavirus disruption
The U.S. Securities and Exchange Commission (SEC) on Monday said it would provide relief to smaller firms seeking to raise capital via online platforms to meet "urgent funding needs" due to the coronavirus-related disruption......»»
Cisco-backed data storage unicorn more than doubles valuation in $250M funding
Hybrid data storage unicorn Cohesity Inc. more than doubled its valuation to $2.5 billion in a $250 million funding announced Thursday. The downtown San Jose-based company's round is the latest indication that venture firms are willing to continue ope.....»»
China firms in $10 billion share sale rush as funding rules eased amid virus worries
Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus......»»
This start-up lets cryptocurrency firms know when terrorists are trying to raise money
Elliptic on Wednesday said it raised $23 million in a funding round led by Japan's SBI Holdings to fuel an aggressive expansion into Asia......»»
The Funded: Three Bay Area startups raise nearly $50M in pre-holiday funding
Three Bay Area companies scored nearly $50 million in pre-Fourth of July funding. Here is more about that, several acquisitions and some fundraising disclosed by local venture firms: Calm.com Inc., San Francisco, $27 million: Lightspeed Venture Par.....»»
Batteries Included: US Poised For Expansion Of Grid-Connected Power Storage
Authored by Jared Anderson and Felix Maire, S&P Global Platts 'The Barrel' blog, Battery energy storage deploymen.....»»
Hawaii regulators OK 6 solar-plus-storage systems for Hawaiian Electric Cos.
The Hawaiian Electric Cos. won approval from state regulators this week for six grid-scale solar-plus-battery-storage projects by four developers on Oahu, Maui and the Big Island, in what the utility is calling “largest and lowest-cost portfolio.....»»
Cohesity may become a unicorn in another big SoftBank funding
Cohesity Inc., the San Jose company launched by ex-Google employee and Nutanix co-founder Mohit Aron, may become the region's newest unicorn. The hyperconverged secondary storage business is in late talks to raise a round of at least $150 million .....»»
Georgia firms raise $27M in venture funding in first quarter of 2018
Venture dollars invested in Georgia companies in the first quarter of 2018 were the lowest since the January-March quarter of 2009......»»
IPO News This Week: 5 Firms Seeking $1.06 Billion in New Capital
The IPO market remains hot with another five firms looking to raise more than $1 billion in funding during the coming week......»»
PGE wants to turn your water heater into a battery
Utility says it will propose to “integrate smart grid technology on a scale never before attempted in the United States.â€.....»»
San Francisco"s Perplexity AI in talks to double funding, triple valuation
San Francisco search startup Perplexity AI has raised $165 million over three rounds since early 2023, and is reportedly in talks to raise another, even bigger, round......»»
Golden State Goes Green: California"s Battery Storage Outshines Gas, Renewables For First Time As Tesla CEO Musk Lauds "Major Milestone"
For Tesla, this news is particularly positive, especially during a time when its core electric vehicle business faces headwinds due to slowing EV adoption and economic uncertainty. read more.....»»
Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»
Kapolei Energy Storage project to proceed with construction
A compromise between the Hawaii Public Utilities Commission and Hawaiian Electric Co. clears the way for the big battery with a targeted completion of summer 2022......»»
Waymo Said To Seek $4B In External Funding As It Mulls Going Public
Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is in talks with outside investors to raise as much as $4 billion to fund its autonomous driving efforts, read more.....»»
Softbank-backed unicorn Extend raises $260M, eyes bigger S.F. office space
With a massive funding raise that solidified the company's status as a unicorn, Extend is now looking for a bigger San Francisco office space for its growing workforce......»»