UQM Technologies to be acquired by Danfoss

UQM Technologies, a manufacturer of electric motors, generators, power electronic controllers and fuel cell compressors for commercial vehicles, has entered into a merger agreement with Danfoss Power Solutions, a subsidiary of privately-owned Danish conglomerate Danfoss, which manufactures hydraulic systems, drives, motors, and components for the automotive, aerospace and energy industries.
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TEPCO Ventures invests $2.5 million in V2G provider Fermata Energy

Fermata Energy, a provider of vehicle-to-grid (V2G) technology, has secured a $2.5-million strategic investment from TEPCO Ventures, the investment arm of Tokyo Electric Power.
Fermata’s bi-directional chargers enable EV batteries to provide energy storage to the power grid, reducing power loads during peak times and consequently reducing electricity costs. Fermata Energy’s …read more

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