Archive for the ‘Industry News’ Category
John, who has been Deputy Director of the Pacific Northwest Cleantech Open for three years, has been named Regional Director for 2013. John replaces Byron McCann. John has been part of the PNW CTO leadership committee for all four of the organization’s prior years.
“He’s an expert in the Cleantech Open,” says outgoing Regional Director Byron McCann, “and it’s fitting that in our fifth year, he takes the helm.”
The Cleantech Open is now the world’s largest cleantech accelerator. The Pacific NW Region will be tightly integrated into the West region organizationally but will continue to have its own competition and identity. John will work closely with Erik Steeb, the Regional Director for the West Region.
AAA in Washington is one of the first U.S. AAA agencies to offer emergency charging to electric vehicle drivers. The service is available in the Seattle/Bellevue region and gives a 15-minute charge that provides about 10 extra miles for the typical electric car.
Read the full article at the Source: Taylor Soper, Geekwire, March 20, 2013.
A defense contractor better known for building jet fighters and lethal missiles says it has found a way to slash the amount of energy needed to remove salt from seawater, potentially making it vastly cheaper to produce clean water at a time when scarcity has become a global security issue.
The process, officials and engineers at Lockheed Martin Corp say, would enable filter manufacturers to produce thin carbon membranes with regular holes about a nanometer in size that are large enough to allow water to pass through but small enough to block the molecules of salt in seawater. A nanometer is a billionth of a meter.
Because the sheets of pure carbon known as graphene are so thin – just one atom in thickness – it takes much less energy to push the seawater through the filter with the force required to separate the salt from the water, they said.
Read the full story at the source: David Alexander, Reuters, March 13, 2013.
By Chris Ajemian on March 18, 2013 at 10:19 am
In what had been a long time coming in Japan’s typically slow but strategic approach to technology development, the New York Times reported last week that a Japanese exploration vessel had extracted methane hydrate from undersea sources off Japan’s coast. If substantiated, the energy discovery and technology breakthrough could have enormous implications. A new energy source could significantly reduce Japan’s energy insecurity but also drastically worsen global warming. Read More…
Local non-profit entrepreneurial network TiE Seattle haslaunched an angel investment program to help facilitate entrepreneurs and startups with access to seed capital and mentorship. The new venture is called TiE Angels Group Seattle (TAGS) and includes Charter Members of TiE Seattle. TAGS will provide early stage investment, support, and guidance opportunities to its members. The group plans to invest in early-stage companies in the arenas of software, Internet, Mobility, cleantech, healthcare, education and medical device.
“We’re thrilled to launch this important new initiative at TiE Seattle,” Srivats Srinivasan, president of TiE Seattle, said in a press release. “We believe that with TAGS in place, TiE Seattle is in a unique position to truly help entrepreneurs from ‘ideas to success’ given our various programs that cover networking, mentoring, education and now funding. Our robust group of Charter Members wants to support our community’s entrepreneurs every step of their journey.
Read the full story at the source: Taylor Soper, Geekwire, February 27, 2013.
The development of clean fuels for road transport, a fundamental step to decarbonise Europe’s economy, has so far proven challenging. The uptake of electricity, hydrogen and natural gas in this sector is being held back by a lack of alternative refuelling stations, low consumer acceptance, and high prices. These three factors have created a vicious circle that the European Commission now wants to break. Read More…
The Keiretsu Forum Northwest today announced that it invested $20.1 million in 34 companies last year, backing startups such as iCapEquity, Journey Gym, Minetta Brook, and Puralytics. All but three of the investments were new deals with technology companies receiving 43 percent of the funding. The angel group, which added 85 members in 2012, says it has facilitated more than $110 million since it was started in 2005.
Here are some of the companies in Washington:
- Clean Fuel Illinois
- Greenwood Clean Energy
Read the full story at the source: John Cook, Geekwire, February 15, 2013.
Despite decreasing overall venture capital investments in cleantech worldwide, Northwest Energy Angels announced that members had invested $4,696,500 in fifteen cleantech companies in 2012. There were eight new and seven follow-on investments. This is the largest annual total since the organization was founded in 2006. NWEA investments were nearly four times the prior year’s total.
Lars Johansson, co-chair of the Northwest Energy Angels, remains optimistic. “While overall investments in cleantech may have been down, the need to find solutions to climate change has never been greater,” Johansson said. “We will continue to be a unique and valuable resource for clean technology entrepreneurs seeking seed capital for innovative new products and technologies.”
The investments were in:
- LED Lighting (Pacific Light Technologies)
- Clean energy marketing (Ethical Electric)
- Energy efficient windows (Indow Windows)
- Sustainability data management (Scope 5)
- Green business incubator (Fledge)
- Power inversion (Empower Micro System)
- Green roofs (Columbia Green)
- Biomass-based boilers (Greenwood Energy)
Source: Taylor Soper, Geekwire, February 11, 2013.
The American Security Project’s White Paper report, Advanced Biofuels and National Security, builds on ASP’s long history of demonstrating the importance of reducing oil use for national security and highlighting the work of the Department of Defense in promoting alternative fuels. The report demonstrates that developing advanced biofuels is important in reducing America’s dependence on oil; this dependence presents a real national security threat to the United States and to the American military.
Advanced biofuels are “fuels made from a low-carbon, sustainable feedstock that can be blended into a fuel supply to provide a drop-in replacement for traditional fuels.” Over the last decade, the United States has seen a boom in the production of ethanol made from corn. Today, about 10% of the U.S. fuel supply is composed of corn-based ethanol: this is fuel that would otherwise be made from oil. However, further growth in this industry is unlikely. Advanced biofuels, made from feedstocks like algae, animal fats, grasses, or even municipal wastes, could grow much further. These biofuels can be refined to act as ‘drop in replacements’ for current fuels, whether diesel, jet fuel, or gasoline. These fuels have the potential for drop-in compatibility and interoperability with existing equipment and infrastructure.
Rapid advances in biofuel technology and expanding economies of scale as a result of government and private investments are occurring. The long-term potential for this industry, according to the American Security Project, means that it could become a key part of America’s entire fuel supply, reducing America’s dependence on oil, and increasing our national security over the long run.
Download the paper here.
The INRIX Gridlock Index shows drivers spent less time in traffic in December of 2012 compared to the same period one year ago. “For the first time in several years, we’ve avoided a complete freefall in December traffic congestion,” said Bryan Mistele, CEO of INRIX. “The results suggest the economy finally may be turning the corner.” The December numbers follow a 15 percent increase in traffic congestion in November – the first monthly increase in nearly two years.
Source: INRIX Press Release, January 31, 2013.