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Energy Storage

For A123Systems, the Massachusetts-based lithium-ion battery maker, 2009 marked the best year yet in its 8-year history in terms of revenue, an IPO and government funding: The company scored a coveted $249 million government grant and its $371 million … Continue reading

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Funds Trickle Into Flow Batteries, EnerVault Raises First Round

by Katie Fehrenbacher on February 16, 2010

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Expect to see more attention on flow batteries in 2010, as investors, utilities and entrepreneurs look to the technology as a way to provide low cost energy storage to the power grid alongside the addition of clean power. Take EnerVault, a flow battery… Continue reading

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Why A123 Threw Down for Fisker & Who’s Next

by Josie Garthwaite on January 15, 2010

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Battery maker A123Systems and plug-in car startup Fisker Automotive, which announced a new partnership on Thursday, seem like natural dance partners. Each exists as an outsider in an entrenched industry, they’re both gearing up for a ramp up in 2011… Continue reading

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A123Systems Links With Fisker: $23M and Battery Deal

by Josie Garthwaite on January 14, 2010

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Fisker Automotive has traveled a winding road on the way to picking a battery supplier. At long last, here it is: Battery maker A123Systems will supply the battery systems for Fisker’s upcoming plug-in hybrid luxury vehicle, the Fisker Karma, under … Continue reading

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20 Battery Startups Hitting the Road With Lithium-ion

by Josie Garthwaite on January 14, 2010

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When we first put out our list of 13 startups working on lithium-ion batteries for vehicles, the market was waiting for billions of stimulus dollars for advanced batteries to be doled out, and hoping to gear up for its biggest ever plug-in vehicle push… Continue reading

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A123Systems Was Officially the Largest IPO of 2009

by Katie Fehrenbacher on January 3, 2010

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One more look back at 2009 — the $371 million IPO of lithium battery maker A123Systems back in late September, was the largest of last year, according to a report from Dow Jones VentureSource. Investors definitely had confidence in the company on Sep… Continue reading

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A123Systems, the Massachusetts-based battery maker that snagged a big Department of Energy grant and pulled off a successful IPO earlier this year, has just announced a new joint venture in China. Partnering with SAIC Motor — General Motors’ partne… Continue reading

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Amid the buzz over $151 million in awards under the Department of Energy’s high-risk energy research fund and $2.4 billion battery manufacturing program, a third government funding opportunity designed to help small and medium-sized businesses develo… Continue reading

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Plug-in hybrid car startup Fisker Automotive had expected to launch its first vehicle, the luxury Fisker Karma, in 2009. But according to founder and CEO Henrik Fisker, who spoke yesterday at the Los Angeles Auto Show, the launch is now scheduled for S… Continue reading

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A123Systems, the Watertown, Mass.-based battery maker that marked a break in the cleantech IPO drought last month with its initial public offering, shortly after raking in $249 million in federal grants, is now heading to Japan. The company announced a… Continue reading

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