Energy Capital Management
Bankplassen 1a 0151 Oslo, Oslo, 0301, Norway
Overview
Energy Capital Management is a venture capital firm focused on investments in the energy sector.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- ChapDrive
Participated · Equity · Apr 2010
ChapDrive develops a patented hydraulic transmission system for wind turbines. The company is based in Trondheim, Norway and was founded in December 2006, originating from research at NTNU's Department of Energy and Process Engineering. It is focused on commercializing its technology for 5 MW wind turbines with hydraulic transmission for turbine suppliers. ChapDrive is working with Statoil on concept design of a 5 MW hydraulic transmission and expects the first prototype wind turbine with the ChapDrive transmission in 2012. The company plans commercial ramp-up within 3 to 5 years. ChapDrive secured NOK 86m (approximately €11m) in additional funding to enable commercialization.
- Danotek Motion Technologies
Led · Equity · Dec 2009
Danotek develops and manufactures permanent magnet generators (PMGs) and related converter systems for delivering wind energy to the power grid. The company has patents pending on several products, including PMGs and power electronics for wind turbines. It also develops variable-speed propulsion and accessory drives for electric and hybrid electric vehicle markets. Led by President and CEO Don Naab, Danotek plans to expand research and development initiatives and to launch initial production. The company secured $15M in a Series B financing to support those efforts. Danotek is headquartered in Canton, MI. Danotek Motion Technologies is a Canton, MI-based company that designs and manufactures advanced generators and components to supply wind energy to the power grid. The company also produces motors, drives, pumps and other accessories for electric and hybrid vehicles. Danotek raised $13.2M in a second funding round to support its growth. Proceeds will be used to expand research and development, install utility-scale megawatt load testing equipment, and hire and train workers. The company plans to launch production of permanent magnet generators with an annual capacity of about 4,000 units in approximately three years.
Team
No current team members are available.