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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report shows that even after a tumultuous 2008, an index of the world’s 90 leading clean energy companies had a five-year compounded annualized return of almost 10%, unmatched by the world’s major stock indices. Investment in clean energy has not only increased, but has also diversified geographically. billion) in 2004.

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