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PGE and SunRun Create $100M Home Solar Financing Fund

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a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., SunRun will manage the projects.

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Massachusetts announces additional $2M for electric vehicle rebate program

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An additional $2 million will be allocated to the Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) program. The electric vehicle rebate program, administered by the Department of Energy Resources’ (DOER), offers rebates of up to $2,500 to Massachusetts residents who buy or lease electric vehicles.

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BASF Venture Capital leads $3M investment in SLIPS for super-omniphobic technology; joint development agreement

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BASF Venture Capital has led a $3-million Series A financing with a $1.5 based in Cambridge, Massachusetts. The Swiss entrepreneur and private investor Hansjörg Wyss has also participated in the financing. million investment in SLIPS Technologies Inc. The company’s technology platform was created by Prof. Resources.

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Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

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As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 A 2007 report issued by the Transportation Finance Commission stated: “ The cost of this neglect will be felt in our regional economy and in our way of life.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

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Boston-Power Pursuing $100M in Federal Funds for Li-Ion Plant in Massachusetts; Introduces High-Energy Swing for EVs and PHEVs

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maker of the long-lasting, fast-charging Sonata Li-ion battery for laptops, is planning to build a 455,000 square foot manufacturing facility in Auburn, Massachusetts that would complement its existing China-based operations. Boston-Power, Inc.,

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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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This includes transitioning a number of positions and responsibilities from its Westborough, Massachusetts offices. He was raised in China and completed his education in engineering physics at the University of British Columbia, the University of California at Berkeley and the Massachusetts Institute of Technology, as a Sloan Fellow.

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