Archive for the ‘Complete Digest’ Category
Vancouver, 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…
The world is on the cusp of a resource revolution. As our colleagues Stefan Heck and Matt Rogers argue,1 advances in information technology, nanotechnology, materials science, and biology will radically increase the productivity of resources. The result will be a new industrial revolution that will enable strong economic growth, at a much lower environmental cost than in the past, thanks to the broad deployment of better, cleaner technologies and the development of more appropriate business models. But how do we reconcile this bold and heartening prediction with recent challenges experienced by cleantech, the general term for products and processes that improve environmental performance in the construction, transport, energy, water, and waste industries? Over the past couple of years, many cleantech equity indexes have performed poorly; in January 2014, the American news program 60 Minutes ran a highly critical segment on the subject. The former chief investment officer of California’s largest public pension fund complained in 2013 that its cleantech investments had not experienced the J-curve: losses followed by steep gains. It’s been “an L-curve, for ‘lose,’” he said.
So, is cleantech failing? In a word, no. Rather, the sector has experienced a cycle of excitement followed by high (and often inflated) expectations, disillusionment, consolidation, and then stability as survivors pick up the pieces. We’ve seen this before with other once-emerging technologies, such as cars, railroads, elevators, oil, and the Internet. Much of cleantech is just leaving its disillusionment or consolidation phase. For example, in transport, Tesla Motors is looking good; Fisker Automotive went into bankruptcy in 2013. In energy, SunPower is making healthy margins and SolarCity raised $450 million in 2013, but over a hundred other solar companies are gone. The shakeout is brutal—and typical. It has weeded out weaker players, making the industry as a whole more robust. Despite the rough patch, annual growth is at double-digit rates. Read More…
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…
RICHLAND, Wash. – Electric vehicles could travel farther and more renewable energy could be stored with lithium-sulfur batteries that use a unique powdery nanomaterial.
Researchers added the powder, a kind of nanomaterial called a metal organic framework, to the battery’s cathode to capture problematic polysulfides that usually cause lithium-sulfur batteries to fail after a few charges. A paper describing the material and its performance was published online April 4 in the American Chemical Society journal Nano Letters.
“Lithium-sulfur batteries have the potential to power tomorrow’s electric vehicles, but they need to last longer after each charge and be able to be repeatedly recharged,” said materials chemist Jie Xiao of the Department of Energy’s Pacific Northwest National Laboratory. “Our metal organic framework may offer a new way to make that happen.”
Today’s electric vehicles are typically powered by lithium-ion batteries. But the chemistry of lithium-ion batteries limits how much energy they can store. As a result, electric vehicle drivers are often anxious about how far they can go before needing to charge. One promising solution is the lithium-sulfur battery, which can hold as much as four times more energy per mass than lithium-ion batteries. This would enable electric vehicles to drive farther on a single charge, as well as help store more renewable energy. The down side of lithium-sulfur batteries, however, is they have a much shorter lifespan because they can’t currently be charged as many times as lithium-ion batteries. Read More…
Be on your game. Start your application for the 2014 Cleantech Open program today and position yourself and your company to win!
Being your application and pay your application fee before April 23rd, and you’ll have the opportunity to access to the deep expertise of a business foundation expert to help you forumlate your application. Admission to the Cleantech Open is a competitive process, and you’re assigned mentor will help you make your application the best it can be. Don’t delay!
The Cleantech Open runs the world’s largest cleantech accelerator. Our mission is to find, fund and foster entrepreneurs with big ideas that address today’s most urgent energy, environmental and economic challenges.
The Cleantech Open provides entrepreneurs and technologists the resources needed to launch and create successful and sustainable clean technology companies. We do this through our accelerator programs which provide participants with training, mentoring, infrastructure, relationships and funding opportunities to help grow them into world-class cleantech companies.
Since its inception in 2006, the Cleantech Open has awarded over $6 million in cash and services to support cleantech growth companies. The 865 participating companies in the Cleantech Open’s accelerator programs have raised more than $900 million in external capital.
The Cleantech Open’s reputation is built on its clean technology Accelerator, the largest of its kind anywhere in the world. Cleantech Open alumni companies continue to score scientific breakthroughs, funding, deployments and customers.
The impact of wind farms on the price of nearby houses has been an issue of hot contention for years now, with advocate groups on both sides of the issue claiming the high scientific ground with competing reports and mounds of anecdotal evidence to boot. A new study conducted by the reputable London School of Economics recently released has found that large wind farms can drop house prices by up to 12% within a 2 kilometer (1.24 miles) radius.
The report comes only a few weeks after a contrasting report from the Centre for Economics and Business Research (Cebr) which found that wind farms had no negative impact on property value within a 5 kilometer (3.10 miles) radius of a turbine.
Furthermore, CleanTechnica’s Mike Barnard wrote a comprehensive analysis of the issue, finding that “nine major and statistically reliable studies covering roughly 270,000 property transactions by different respected and independent organizations in three different countries spread over fifteen years have found no correlation between operating wind turbines and negative property values.”
The London School of Econmics (LSE) report, entitled ”Gone with the wind: valuing the visual impacts of wind turbines through house prices” [PDF], by Professor Stephen Gibbons, shows the “overall finding” of the analysis “is that operational wind farm developments reduce prices in locations where the turbines are visible, relative to where they are not visible, and that the effects are causal.”
It is of no great surprise that there is some data to support the position that wind farms bring down house prices. Enough surveys exist to show that there is a sizable percentage of people who feel that they are an eyesore, and any number of anecdotal stories of effects to wildlife, health, etc.
However, the plain science of numbers has been up in the air for some time now, with competing reports supporting both sides.
Gibbons’ study showed that the effect of smaller wind farms with 10 or less turbines is “concentrated in the first [2 kilometres] where there is a 5% reduction in [house] prices.” Larger wind farms, consisting of 20 and more turbines, reduce house prices “by 12% within [2 kilometres], and reduce [house] prices by small amounts right out to [14 kilometres].”
Assuming a greater number of studies proves the point that wind farms do or don’t effect house prices, at this stage, is premature. There is a great wealth of data on both sides of the equation, and the growth in wind technology and integration is so relatively new that we have a long way to go before we can definitively prove one way or the other — and whether what proof we do ascertain will hold true for more than a few years.
It would appear, for all intents and purposes, that the effect of wind farms on house prices is, as yet, in flux.
By Sandy Dechert, Planetsave
In the close race for PV efficiency, copper indium gallium (di)selenide cells have taken the lead again in tests at the Atsugi Research Center in Kanagawa, Japan. The Fraunhofer Institute, Europe’s largest application-oriented research organization, has independently verified the results.
A Solar Frontier 0.5cm2 CIS configuration achieved 20.9% conversion efficiency, a world record for thin-film photovoltaic technologies. Solar Frontier is dedicated to creating the most economical, ecological solar energy solutions on Earth, and CIS modules require 60% less energy to produce than crystalline silicon.
The company conducted joint research with the New Energy and Industrial Technology Development Organization to achieve this result, which exceeds the conversion efficiency of traditional (and higher-cost) crystalline silicon PV. Cadmium telluride thin-film cell efficiency approaches that of CIS (record of 19.6% as of 2013). In reaching 20.9%, Solar Frontier has broken its own record. Read More…
Originally published by Clean Technica
The United States may lag behind Europe and China when it comes to building offshore wind farms and connecting them to the grid, but there’s one aspect of the industry we remain very competitive in – announcing prospective projects.
While the installed total capacity of offshore wind is now over 7,000 megawatts (MW) worldwide, America still hasn’t been able to get steel in the water beyond test-sized or demonstration turbines.
But fast on the heels of good legal news for the oft-delayed Cape Wind project, offshore wind announcements in three states across the US hint at the potential for turbines to be spinning in American waters in the near future. Read More…
Thank you to those who attended this morning’s breakfast meeting and we missed you to those who did not. Below are the slides for each speaker respectively and some links to more information about maritime in the Puget Sound.
Heather Alexander-Engelbrecht, Economic Development Council of Seattle and King County
Paul Meyer, Port of Seattle
- Slides: Port-of-Seattle-Paul-Meyer
Atul Deshmane, Whole Energy
- Slides: AtulDeshmane-WholeEnergy
Capt. George Capacci, Washington State Ferries
- Slides: Capt.Capacci-WSFerries
Puget Sound’s Maritime Future at Crossroads – The Seattle Times
Maritime provides important economic diversity and good jobs that connect to the state’s standing as an export powerhouse.
Seattle Maritime 101
It’s all about showcasing our maritime industry and celebrating its important role in our community and the regional economy.