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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334
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Total to acquire battery-maker Saft in US$1.1-billion deal

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France-based energy major Total has filed a friendly tender offer on all of the issued and outstanding shares in the capital of advanced battery maker Saft with the French Financial Markets Authority (Autorité des Marchés Financiers, AMF). The proposed offer will target all of Saft’s issued and outstanding shares at a price of €36.50

Batteries 150
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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This entity will offer a simple, fast and cost-optimized logistics scheme thanks to industrial management in the factory, for the Île-de-France commercial network (RRG, dealerships, Renault Occasions/RVO). To meet this demand the division will work on developing new services (renewal, heavy repairs, etc.)

Economy 397
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Luis Ortiz, LMBC’s President.

MIT 210
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MIT team calls initial performance results of magnesium-antimony liquid metal battery “promising”

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Luis Ortiz, are also founders of Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications. Earlier post.).

MIT 301
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Slow start for charge of the electric cars - Times Online

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Renault and Nissan are determined to establish an early lead in the new massmarket for electric cars. Both companies will offer a range of electricvehicles for public sale from 2012. The widespread adoption of electric cars would put a considerable extra strainon the power-genera-tion industry. Mike, Epworth, UK Ok.