Pentadyne Power, a developer and manufacturer of flywheel energy storage systems, recently announced that it closed a $22 million financing round, including the conversion of existing convertible ventures. The new funds will be used to support the company's expansion into new markets and the sales and production of new and existing products. "This latest round of … [Read more...] about Pentadyne Closes $22 Million Round of Financing
EDF Group
Nanosolar Receives $300 Million in Equity Financing
Nanosolar, a thin-film solar company, announced on August 27th that it received $300 million in equity financing in March 2008. Investors in this round included The AES Corporation, The Carlyle Group, EDF (which made a $50 million investment in Nanosolar via EDF Energies Nouvelles Réparties), and Energy Capital Partners. Funding in this round was also provided by … [Read more...] about Nanosolar Receives $300 Million in Equity Financing