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Better Place Opens First EV Demonstration Center; Dor Alon to Deploy Battery Switch Stations in Israel

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Better Place announced the grand opening of the company’s first electric vehicle (EV) battery switch demonstration center in Israel. In the near future, the Better Place Center will have the Renault Fluence ZE for demonstrations, which will be available in Israel in 2011. Earlier post.).

Israel 225
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ATP making strategic expansion into deepwater Israel

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ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea, is expanding its deepwater operating and infrastructure expertise to offshore Israel. Paul Bulmahn, Chairman and CEO. In December 2010, Texas-based Noble Energy, Inc.

Israel 186
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2nd Better Place CEO out; company to be managed by Chairman of Board and CFO

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Better Place CEO Evan Thornley, who took over in October 2012 ago after the departure of founding CEO Shai Agassi ( earlier post ), is now out, according to the company. Thornley presented the plan to the board of Israel Corporation, Better Place’s controlling shareholder, in December.

Israel 231
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Noble Energy announces new exploration discoveries offshore Israel and in the deepwater Gulf of Mexico

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announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. The Tamar SW well offshore Israel, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals. with 20 percent.

Israel 186
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Seambiotic and Chinese Power Company to Build $10M Commercial Microalgae Farm in China

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companies associated with China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae. China Guodian is one of China’s largest power companies with more than 100 power stations. and Penglai Weiyuan Science & Trading Ltd.,

Chinese 186
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Better Place lost $459M on $6.9M in sales last year; cumulative losses of $812M

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million in sales, as detailed in the startup’s financial statements released by private company research firm PrivCo. Under the Liquidation Petition filed in Israel on Sunday, Better Place listed assets of $9.5 Battery swap pioneer Better Place, Inc., Better Place had raised more than $900 million in investor funding, PrivCo noted.

Israel 231
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3D electrode company Addionics closes $27M Series A

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Addionics, a chemistry-agnostic battery technology company, raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improve the cost and performance of batteries with any chemistry—existing or emerging. Earlier post.).

Companies 195