Follow the Green Money: Purfresh Secures $10 from VC's, Compact Power to Build $303 Million Factory in MI, The Clean Tech Group Secures $3.2 Million

Based in the Silicon Valley city of Fremont, CA, Purfresh has raised $10 million from venture capitalists.  Using ozone, instead of chlorine, Purfresh makes a technology that purifies water and preserves food.  They also sell disinfection systems for use on water and a variety of foods and medicines.  Here is an article from Red Herring about using ozone as a disinfectant.

Compact Power, a subsidiary of LG Chem, has announced plans to build a factory to manufacture lithium-ion batteries for the upcoming Chevrolet Volt.  The estimated price of constructing the plant is $303 million.  The plant is to be located in Holland, MI so as to be near US auto makers. Here is an article about the economics of increased demand and the sources of lithium outside of the US.  The Chinese wind turbine manufacturer A-Power has chosen Nevada as its location to build a factory that will supply wind turbines to Texas.

The Clean Tech Group, a research and advisory group based in San Francisco, CA, has received $3.2 million in venture capital.  The funds will be used to provide research and consulting services to global corporations, investors and government agencies about clean tech innovations and the implications for each sector.  They list some job openings in the clean tech sector here.