Archive for the ‘Company News’ Category

15
Apr

GreenAngel Energy Appoints New Directors

GreenAngel EnergyVancouver, BC - April 15, 2014 - GreenAngel Energy Corp. (“GreenAngel”) (TSX-V: GAE) is pleased to announce that it has appointed two new directors to its board, Ms. Thealzel Lee and Mr. Mike Walkinshaw.

Thealzel Lee has over 30 years in leadership, organizational and entrepreneurial roles as a business and marketing strategist and as a retail franchise owner. Thealzel has coached entrepreneurs, developed and implemented strategic plans, and secured financing for small businesses to large organizations. Her current work as a Senior Partner with management consulting firm Rocket Builders focuses on commercialization strategy and operational alignment. Thealzel manages the monthly Vancouver Angel Technology Network (VANTEC) and the Vancouver chapter of the Keiretsu Forum Northwest Region for the local start-up community of entrepreneurs and angel investors, as well as serving on National Angel Capital Organization committees.  She is a founder of two angel seed funds: Nelsa Investment (VCC) Inc. and VANTEC Entrepreneurs Fund (VCC) Inc. [dba E-Fund] which has 40% of its portfolio invested in “green” companies based in BC. Thealzel holds a Bachelor of Science degree in microbiology from the University of Alberta and an MBA from the Richard Ivey School of Business at the University of Western Ontario.

Mike Walkinshaw is a 17 year veteran of clean energy technology in Canada having spent the last 13 years in energy technology venture capital.  He is currently a Managing Partner and Co-founder of Fronterra Ventures, a Calgary and Vancouver based venture capital fund focused on oil and gas technologies that lower the cost, reduce input energy, and improve the environmental footprint of the production and transportation of resources.  Prior to Fronterra, Mike was a Partner and Managing Director of Chrysalix Energy Venture Capital, a Vancouver based clean energy venture capital firm for 11 years.  He has sat on the boards of energy technology companies throughout North America, including Liquid Light, Akermin, Fat Spaniel, and H2Scan. Prior to entering venture capital, Mike also served as a product manager and program manager for Ballard Power Systems.  Mike currently serves on the board of the Canadian Venture Capital Association. Mike is a Chartered Accountant having obtained his designation and working with PricewaterhouseCoopers for five years. Read More…

15
Apr

Highly Innovative Hydropower Design Reduces Impact, Cuts Costs

Snohomish County Public Utility DistrictSnoPUD’s Sunset Project Design Requires No Dam, Weir or Barriers

Everett, WA — After a series of studies and design analysis, the PUD has developed a highly innovative plan for a proposed hydropower project southeast of Index. It requires no dam, weir or river barriers, which reduces construction costs by $10 million. The project could power up to 22,500 homes at maximum output.  Diverse, locally owned power sources, such as the Sunset Fish Passage & Energy Project, help make the PUD and its customers more self-sufficient, resilient and energy secure.

“We have proven success delivering low-impact hydropower projects that provide multiple benefits to our customers,” said Kim Moore, PUD Assistant General Manager of Water, Generation & Corporate Services. “This project could be a valuable addition to our portfolio. Among the low-impact projects we identified in the past seven years, it’s the lowest cost power source.”

As part of the project the PUD would make improvements to an aging, state-owned trap-and-haul facility that trucks salmon upstream above three impassible waterfalls to 90 miles of spawning habitat. The utility also is studying potential road and recreation improvements.

The PUD’s updated design modifies the water intake area and fish screens to cut excavation needs in half. It also reduces construction time by an estimated six months. In addition, more efficient turbines at a proposed powerhouse would increase annual energy production. Read More…

15
Apr

HaloSource Renews Membership with Social Stock Exchange

HaloSourceHaloSource is proud to be renewing its membership in the London Social Stock Exchange (SSE).  This  London based platform showcases businesses that have a social impact to potential investors.  The aim of the SSE is to provide potential stakeholders with the information they need to identify and compare those organizations that deliver value to society and the environment. The new CEO of the SSE, Tomas Carruthers is an Internet entrepreneur who is personally committed to raising the profile of organizations that do ‘good’ and also do well in the marketplace.   A recent story in The London Times highlights the benefits of making social good a priority in business organizations.  

HaloSource is proud to be one of the founding members of the Social Stock Exchange and we have been active with them for a little over a year now. Our commitment to the development of Chemistry based Innovation in the science of water purification that improves both the supply and quality of clean water in an increasingly stressed environment is making a real difference in the lives of others through our efforts in residential water filtration and purification, greener industrial solutions for water treatment and environmental remediation and in recreational water use and reuse.  Read More…

9
Apr

Connecting water and community Two Seattle area organizations partner in support of World Water Day 2014

Water Picture 1On Friday, March 21, 2014, in honor of World Water Day, HaloSource, the global water technology company headquartered in Bothell, WA partnered with 21 Acres, a sustainable living farm and education center in Woodinville, WA  to raise awareness around water and energy issues to help promote more sustainable and equitable choices.  A team of 45 HaloSource employees joined forces with 21 Acres on the Woodinville farm to clean and work on the farm’s bioswale and rain-garden maintenance.  The HaloSource team spent several hours performing tasks including everything from removing invasive weeds, sheet mulching and erosion control.  The team also learned about the natural stormwater filtration system used on the farm including which plants are best suited to the system.

Water is essential to human existence and there are increasing demands on this finite resource. Worldwide, 1.3 billion people currently live without electricity, 780 million people lack access to safe drinking water and 2.5 billion people are without sanitation. It is imperative to educate the developed world on these issues to help alleviate poverty around the globe. Read More…

7
Apr

Korvata Wins $10,000 Grand Prize at UW Environmental Innovation Challenge

Buerk-center-for-entrepreneurship$27,500 Awarded to Entrepreneurial Student Innovators

April 3, 2014 – The annual UW Environmental Innovation Challenge (EIC), now in its sixth year, challenges interdisciplinary student teams to define an environmental problem, develop a solution, produce a prototype, and create a business summary that demonstrates the commercial viability of their product, process or service.

23 teams were selected to compete in the 2014 UW EIC. Each of these teams proved that students have the potential to address our most pressing environmental needs—alternative fuels,  recycling, solar power, water treatment—with novel solutions that have market potential. After pitching their innovations to a group of 170+ judges—investors, entrepreneurs, policy-makers, and experts from across sectors—the six teams with the highest scores were awarded up to $10,000 in prize money. Congratulations to this year’s winners:

$10,000 Grand Prize

Korvata (University of Washington)
Korvata has created a cutting edge alternative energy product that allows companies to mitigate their environmental impact by replacing the use of nitrous oxide as a whipped cream propellant.
(sponsored by the UW Center for Commercialization) Read More…

4
Apr

Hydrobee is Top 3 Finalist in National Business for Good Competition

HydrobeeClean energy startup Hydrobee is a Top 3 Finalist in the national Business for Good Competition. Hydrobee’s unique USB Turbine Battery for harvesting clean energy from nature impressed the judges with its versatility, design, scalability and impact. The three Finalists were selected from over 160 applications and will receive over $75,000 in prizes, including seed funding, incubation space, website/branding services, legal and technical assistance, the Social Enterprise accelerator program, and other awards. Prizes will be awarded April 15 in Nashville, Tennessee at the Social Enterprise Summit, one of the largest conferences of its kind and now in its 14th year.

The Business for Good competition provides potential and serial social entrepreneurs with a unique forum for submitting novel ideas to solve various social problems. The Nashville Entrepreneur Center manages the competition in partnership with the Nashville Chapter of The Social Enterprise Alliance. Read More…

4
Apr

Itron Wins Deal In Saudi Arabia

jeddah locatorLIBERTY LAKE, Wash. — April 3, 2014 — Itron, Inc. (NASDAQ: ITRI) announced today that Saudi Arabia’s National Water Company (NWC) is installing Itron’s water technology to help the city of Jeddah conserve water resources. Itron meters and communication modules will enable NWC to measure water consumption more accurately, helping the utility and its customers to better utilize the country’s scarce water resources.

Jeddah is an important commercial hub in the Kingdom of Saudi Arabia with a population of over 5 million inhabitants. Most water in Jeddah comes from expensive desalination plants. Itron’s metering technology, including 141,000 residential and commercial & industrial water meters equipped with wireless communication modules, will enable NWC to track and use water resources more efficiently. The single-jet technology used in Itron water meters is built to operate in harsh conditions, including high temperature and loaded water, that are often found in Saudi Arabia. Read More…

4
Apr

Optimum Energy Announces Launch of the OptiCx Platform

OptimumEnergyLogo-304Optimum Energy, the leading provider of data-driven HVAC energy optimization for enterprise facilities, today announced the launch of the OptiCx™ Platform. The OptiCx Platform delivers performance and energy management and the option for energy optimization for heating and cooling systems, along with world-class engineering support services.

“At Optimum Energy, we’re excited to debut the OptiCx Platform,” said Matt Frey,President and CEO of Optimum Energy, “The OptiCx Platform offers our customers an innovative, scalable approach to suit their individualized equipment performance and energy management needs, with the option for additional energy optimization services through our patented operational modules and platform enhancements.”

“The OptiCx Platform offers a full menu of holistic energy optimization features for complex HVAC systems,” added Ian Dempster, Senior Director of Product Innovation, speaking at the Building Energy Summit today in Washington, DC. “Optimum Energy is changing the way of looking at energy efficiency solutions. By offering a wider, customizable platform approach, we are incentivizing businesses who may not have had the budget to implement large-scale efficiency projects to take the first step on a path to greener, smarter, and energy efficient future for their building systems.

The OptiCx Platform provides individualized energy management and energy efficiency solutions for large-scale HVAC systems through two subscription levels: Essentials and Expert. The scalable, modular design of the OptiCx Platform allows Expert subscribers options for incremental energy optimization based on their energy efficiency goals, providing real-time system management that reduces operational expenses by as much as 50%. The Essentials subscription package offers operational analytics on HVAC system electricity consumption and carbon emissions, which can be an important, but optional first step towards the holistic energy optimization offered in the Expert plan.

4
Apr

Update : SnoPUD gets the green light on tidal project

Snohomish County Public Utility DistrictThe world’s first large-scale, grid-connected tidal energy turbines can be built in the waters of Puget Sound thanks to a federal license granted to the Snohomish Public Utility District. The Federal Energy Regulatory Commission gave the go-ahead (85-page PDF) for the Admiralty Inlet project, which would see tidal turbines capable of generating up to 600 kilowatts of electricity installed on the seabed in 200 feet of water west of Whidbey Island, WA. The utility says contracting, construction, and deployment of the turbines—to be manufactured by Ireland’s OpenHydro—will progress over the next two years. The turbines would be in place for three to five years to evaluate their commercial potential and environmental impacts through close monitoring of noise, sediment movement, and fish and marine mammals, among other things.

By Benjamin Romano, Xconomy

1
Apr

Ecova Releases New Sustainability & Energy Management Software Platform

Spokane, WA— March 31, 2014— Ecova, a total energy and sustainability management company, today announced the availability of the Ecova Energy and Sustainability Management Platform, an enterprise software solution designed to help commercial and industrial clients manage, analyze and report on their resource usage data through a single intuitive platform. The Ecova Platform is the foundation for energy and sustainability management, and provides businesses with the insights needed to increase operational efficiency, reduce costs, and achieve sustainability goals.

“Energy and sustainability management is no longer a ‘nice to have’, it is critical to the bottom line and market leadership,” said Jeff Heggedahl, president and CEO of Ecova. “Gaining broad visibility and precise insight through a single platform can help build lasting advantages for a client’s business and the environment. Our depth and breadth of experience coupled with the industry-leading Ecova Data Warehouse guided us as we built a scalable solution to meet the needs of today’s organizations – no matter where they are on their energy and sustainability management journey. The result is a platform that delivers powerful business insights and drives action.”  Read More…

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