For many people, building with Legos brings back fond memories. For Mike Schropp, the memories are still being built. Schropp loves Legos, often incorporating them into technology. For his latest project, Schropp built a 12-core PC tucked into a custom made case he designed using some 2,000 black Lego bricks. The finished product is not only awesome looking, but also energy efficient.
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There has been a fair bit of concern in recent years about the ability of our power plants to supply adequate electricity during periods of peak demand. Hydrostor, a Toronto-based company, is taking a different approach and offering a solution that allows plants to store their power using compressed air in underwater storage tanks.
Hydrostor converts excess electricity into compressed and stores it under a body of water, when the electricity is needed the weight of the water forces the air back to the surface where it’s converted back into electricity. This technology allows for the removal of renewable energy intermittency, decongestion of transmission and distribution lines, and better efficiencies of existing generation. → Read More
A Colorado cleantech venture, Luca Technologies, filed an S-1 today revealing its intention to go public, and raise up to $125 million (though that number could vary with the receptivity of the market by the time they actually go public).
The company stimulates microbes with a “proprietary formulation of nutrients,” in already-drilled natural gas wells, which enables the wells to produce more methane, the primary component of natural gas. Luca Technologies owns and operates wells and infrastructure, then sells natural gas into existing markets. Its end users include power utilities, and government entities that use natural gas for power production.
Today, Luca’s chief executive Bob Cavnar explained… → Read More
SoloPower— a manufacturer of flexible, thin film solar cells and modules— has raised another $43.7 million in an equity round this month, according to a new SEC filing. Investors in the round include: Greentech Capital in New York, and Thomas Weisel Partners in San Francisco. Earlier investors in the company include: Hudson Clean Energy Partners, Crosslink Capital, Convexa, and Firsthand.
In February this year, SoloPower locked a $197 million loan guarantee from the U.S. Department of Energy (DOE) Loan Programs Office to build a “facility that, when completed and at full capacity, is expected to produce approximately 400MW of thin film Photovoltaic (PV) modules annually,” according to a company press statement. → Read More
GE, Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers, RockPort Capital and Carbon Trust Venture Capital Partners will invest in $63 Million in 10 home energy technology companies, as part of the company’s $200 million “GE ecomagination Challenge.” As we wrote last year, the initiative is meant to help spur advances in green technologies.
The second phase of the challenge sought green tech ideas to power the home, specifically addressing household energy efficiency including management software, appliances and air conditioning; and renewable power, from solar, wind, hydro and biomass. → Read More
According to an official company blog post today, Google is increasing its investment into California’s Alta Wind Energy Center (AWEC) by $102 million, bringing its total investment in the renewable energy facility to $157 million.
The AWEC is being developed by Terra-Gen Power, primarily. The first development within the massive facility is the Alta-Oak Creek Mojave Project. Google’s latest funding commitment would go to build an extension at the facility. The AWEC has a transmission line, the Tehachapi Renewable Transmission Project, dedicated to it which makes it distinct from many, large-scale renewable energy projects that have been proposed in the U.S. → Read More
A French software company, Enablon, has raised a series A round of $15 million from the Environmental Technology Fund (ETF) in the U.K. Enablon’s enterprise software helps companies understand how much water, energy, chemicals and other resources they use, and how much they waste or pollute so that ultimately they can defray costs— financial and otherwise— associated with their environmental footprint.
In April, Enablon gained accreditation from the Carbon Disclosure Project, an independent not-for-profit organization that collects climate change data from thousands of companies. → Read More
A San Francisco-based renewable energy fund, CleanPath Ventures, announced plans today to invest $800 million over a period of about five years into the development and construction of large-scale, solar photovoltaic projects. The company’s chief executive and co-founder, Mike Cheney spoke at the Renewable Energy Finance Forum in New York, today revealing a goal to help bring more than 1,000 megawatts of clean energy to the U.S.
A managing director with CleanPath Ventures, John Balbach (formerly a managing partner at The Cleantech Group) told TechCrunch in a phone interview on Tuesday: “We’re in a new era in cleantech investment where it’s less about innovation and more about financial solutions to put things in the ground at scale…” → Read More
A Los Angeles startup that’s trying to become a cleantech mashup of AngelList, LinkedIn and Intellectual Ventures, OnGreen, today announced it has hired ex-Hulu, ex-Myspace vice president Mark Richards as chief technology officer.
According to OnGreen’s founder and chief executive officer, Nikhil Jain, while the site is currently running in English by the end of 2011 it will also launch in Chinese. → Read More
Combining social games with a cause has become a popular way to engage game players on Facebook with raising money for various philanthropic causes. For example, Zynga has raised funds via its games for the earthquake relief efforts in both Japan and Haiti over the past few years. Startup Good World Games is developing Facebook games devoted purely to marrying the power of causes with the viral explosion of social gaming. The startup’s first Facebook game, MyConservationPark, allows you to protect an endangered animal from environmental and human threats while enriching the park with fauna and flora to create a sustainable habitat.
There are 2 modes of Play in the game: Play and Decorate. In Play mode, new challenges constantly appear that you must overcome in order to save and protect your endangered species (i.e. there’s a fire in your park, hire a firefighter to put it out) In this mode, your eco-system and hero levels are affected by your success in conquering these challenges. → Read More
A New York City startup that helps brands connect with and reward their fans via Facebook, Crowdtap, recently crossed the $1 million revenue mark for 2011, with 115,000 active members and about 50 major brand clients, chief executive officer Brandon Evans reported today.
Crowdtap members earn redeemable points for taking “brand actions” like: completing “quick hit” surveys, voting in a poll, participating in a live-online discussions or sharing brand-related content with a few friends via social media and the Crowdtap platform. The points that Crowdtap gives its members can be redeemed for an array of real world incentives, among them: an Amazon.com gift card, or a cash donation to a charity chosen from the company’s list of approved organizations. These range from environmental non-profits like the World Wildlife Fund (WWF) and The Nature Conservancy to The American Red Cross, Autism Speaks and Invisible Children. → Read More
Air travel promises to become cleaner, if industry actions ahead of the huge, annual Paris Airshow are any indication.
Virgin America— a company that’s been reporting on its own greenhouse gas emissions since 2009— ordered $1.4 billion worth of new, super fuel-efficient engines from CFM International the companies announced on Wednesday. The move should help keep energy costs down, and reduce the negative environmental impacts of air travel by Virgin America as the company triples the size of its fleets, as promised back in January.
According to a joint press statement from the companies, CFM’s LEAP Engine will power 30, brand new Airbus A320 aircraft slated for delivery to Virgin America in 2016, and CFM’s 56-5B engines will power 30 of Virgin America’s current-edition Airbus A320-line aircraft. → Read More
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