Promoting Clean Technologies ^ Forging Cross-Industry Collaboration

Posts Tagged ‘smartgrid’

China’s Power Sources & Clean Energy Technologies Are Expanding: Some Companies to Know About

In agriculture, biofuel, Biotechnology, china, cleantech, Energy, Environment, finance, greentech, investment, maintech, Power Grid, Science, Sustainable, Technology, Venture Capital on February 11, 2010 at 2:23 am

China, the world’s largest polluting nation, is working with international organizations and private industry to develop cleaner energy models to combat climate change and meet demand for power in an economy that expanded 10.7 percent in the fourth quarter 2009.

By 2020, China aims to use 10 million tons of bioethanol and 2 million tons of biodiesel, replacing 10 million tons a year of petroleum-based fuel, Chen Deming, vice chairman of the National Development and Reform Commission, told a news conference.

The companies described here are not meant to be a complete list of Chinese companies engaged in clean energy nor is Bolton Hill Consulting, Ltd. making any specific recommendations with respect to these companies. The descriptions are provided here for information purposes only to help companies unfamiliar with China’s clean energy interests to better understand the rapidly changing landscape and some of the pivotal players in China.

The companies described below are powerful in China or have shown rapid growth. They may be working with American and European companies or they are likely to do so in the near future. These companies are acquiring foreign companies, setting up subsidiaries, developing new technologies and making innovative use of existing technologies.

A Large Scale Demonstration Project: China Renewable Energy Scale-up Program (CRESP)

The CRESP program was developed by the Government of China (GOC) in cooperation with the World Bank (WB) and the Global Environment Facility (GEF). Together, these entities have been implementing the Renewable Energy Scale-up program for China which aims to create a legal, regulatory, and institutional environment conducive to large-scale, renewable-based electricity generation in two Chinese provinces. The Institutional Development and Capacity Building component includes: Mandated Market Policy MMP research and implementation support; technology improvement for wind and biomass; and long-term capacity building.

  • In Fujian, a 100 MW wind farm at Changjiang’ao, Pingtan Island. The Pingtan wind farm will consist of wind turbines, associated civil and electrical works, an extension to an existing control room, a switchyard, and a 15 km, 110 kV transmission line from the wind farm to the Beicuo substation, which will be upgraded to meet the evacuation needs of the wind farm. In Jiangsu, a 25 MW straw-fired biomass power plant at Mabei Village, Rudong County.
  • The Rudong power plant will consist of one 110 ton per hour, high-temperature, high-pressure strawfired boiler, one 25 MW steam turbine, and associated mechanical, electrical, and civil works.

Get to Know These Companies:


1. China Huaneng Group Corp, China’s Largest Power Producer

  • The company may be planning to take its wind power unit public in a Hong Kong share sale this year worth at least $1 billion, said people familiar with the plan.

2. China Power Engineering Consulting Group Corporation or “The Group”

  • “The Group” is active in developing new clean technologies and leads the country not only in design of conventional thermal power plants, transmission and substations.
  • The Group Corporation has also carried out widespread international exchange and cooperation with many foreign enterprises groups and engineering companies.
  • The Group Corporation plays leading role in scientific research, standardization and technical information for power survey and design, undertakes new technological research and development, introduces, assimilates and innovates new technologies.

3. China Southern Power Grid Corporation Ltd.: Managing China’s Grid

China Southern Power Gird Corporation is administered by the central government,with independent budgetary status.The total assets of the new power gird operator surpass 203.8 billion yuan(US$24.10billion) and its registered capital is 60 billion yuan (US$7.23billion).Its main responsibilities are:to operate and manage power gird according to the law,ensure reliable power supply,plan the development of regional power gird,foster regional power market,manage power dispatching and trading center,and carry out power dispatching according to power gird operation laws and the market regulations.

4. China SDIC Power: Received Largest Capital Injection of Power Assets ever

China SDIC Power’ takeover of power assets from its controlling shareholder, State Development and Investment Company, for a consideration of RMB 7.69 Bn. After the transaction, SDIC power assets achieved a whole listing. This deal was the largest capital injection to a listed company by its controlling shareholder in 2009, and the largest capital injection of power assets ever. Along with the commission of a number of key power projects, such as cascade hydropower stations in the Yalong River Valley and Tianjin million-kilowatt extra supercritical thermal power station-a pilot project of circular economy, the total installed capacity of SDIC will reach 50000 MW by 2012, with total assets of SDIC’s power business exceeding RMB 140 billion.

Wind Power in China

  • Chinese wind power capacity doubled for the fifth time by end of 2009, to 25.1 gW by the end of 2009, a third of the global additions in the previous 12 months, according to the Global Wind Energy Council.

5. China Longyuan Power Group Corp, China’s Biggest Wind-Power Producer in December raised HK$20.1 billion in the world’s second-largest alternative energy initial public offering (IPO) since at least 1999, according to data compiled by Bloomberg.

6. Xinjiang Goldwind Science & Technology Co 002202.SZ,: Growing Chinese Wind Generator Manufacturer- The Group’s principal activities are manufacturing, marketing and selling large-sized wind generator sets. Other activities include introducing and applying wind generating technology; manufacturing and selling parts of wind generating sets; providing consulting services in building and operating wind generating plants; building and operating middle-sized wind generating plants. This company is already listed in Shenzhen, aims to raise $1.5 billion from a Hong Kong IPO in the first half of this year, sources told Reuters earlier.


Biofuel in China:


By 2020, China aims to use 10 million tons of bioethanol and 2 million tons of biodiesel, replacing 10 million tons a year of petroleum-based fuel, Chen Deming, vice chairman of the National Development and Reform Commission, told a news conference. “In the future, all the biofuel production will use non-grain crops,” Chen said.

7. China Clean Energy (OTCBB:CCGY) : develops and manufactures biodiesel and environmentally-friendly specialty chemical products made from renewable resources through its subsidiaries, Fujian Zhongde Technology and Fujian Zhongde Energy. It’s new plant (Oct. 2009)  has been designed to produce up to 100,000 tons of biodiesel annually or a combination of as much as 40,000 tons of biodiesel and 30,000 tons of specialty chemicals.

8. Novozymes in China: laboratory and research facilities have now doubled in size Novozymes has a total of around 200 employees in Beijing, including 100 or so working in research and development. Lykke Friis, the Danish Minister for Climate and Energy:“The idea behind the extension is to strengthen our research into biomass for advanced biofuels, made from waste materials such as straw. Here in China we’ve entered into partnerships with two important players in the field, namely COFCO and Sinopec.” Novozymes to Announce Details on Cellulosic Ethanol Technology February 16, 2010 at NEC Conference

9. China Biodiesel Holding Corporation: leading product is Biodiesel, while the sideline-products are oleic acid methyl ester,C16C18 fatty acid methyl ester, coconut oil methyl ester. The main market is located in mainland China, but abroad channels are maturing, including Europe, East Asia, and North America.  They report that their current total capacity is now 100,000 tons per annum (Feb 2010)

SDIC’s Hydropower Projects


Along with the commission of a number of key power projects, such as cascade hydropower stations in the Yalong River Valley and Tianjin million-kilowatt extra supercritical thermal power station-a pilot project of circular economy, the total installed capacity of SDIC will reach 50000 MW by 2012, with total assets of SDIC’s power business exceeding RMB 140 billion.
Investment Projects
10. SDIC HUAJING POWER HOLDINGS CO.,LTD.
11. ERTAN HYDROPOWER DEVELOPMENT COMPANY,LTD.
12. SDIC YUNNAN DACHAOSHAN HYDROPOWER CO,LTD.
13. SDIC QINZHOU ELECTRIC POWER CO.,LTD.
14. JINGYUAN SECOND POWER CO.,LTD.
15. GANSU XIAOSANXIA HYDROPOWER DEVELOPMENT CO.LTD.
Advertisements

Department of Energy DOE: Energy Efficiency & Renewable Energy Peer Review Best Practices Workshop

In building, cleantech, Energy, entrepreneur, Environment, finance, greentech, maintech, Power Grid, Science, Solar, Sustainable, Technology, technology transfer, Venture Capital on January 27, 2010 at 11:10 pm

This Association of Public Land Grant Universities (APLU) sponsored event was designed to help DOE employees improve the grant review process. Had it been open to the public… it would have been of great interest to anyone trying to get government funding in the renewable energy arena.

It was a privilege to attend this event.

Jim Turner at the Association of Public Land Grant Universities (APLU) put on a stellar speaker panel and provided participants with the opportunity to meet the experts in the funding process. A select group of speaker presentations are listed below. One of the best featured speakers included D. Wayne Silby (Chair), Founding Chair of the Calvert Funds; Co-chair, Calvert Social Investment Foundation; Chair-elect and Principal, Syntao.com. Catherine Hunt, Dow, Director of Technology Collaboration Development was engaging and informative about finding practical solutions to industry problems.

The agenda and presentations are included below:

EERE Peer Review Best Practices Workshop
Tuesday, January 26, 2010
1307 New York Ave. NW, Washington, DC 20005
8:30 am Continental Breakfast

9:00 am Welcome : Peter McPherson, President, APLU

9:05 am Opening Remarks:Henry Kelly, Principal Deputy Assistant Secretary, DOE Office of Energy Efficiency & Renewable Energy

9:15 am Keynote : Bill Bonvillian, Director of Federal Relations, MIT

9:45 am Peer Review Best Practices: Basic Science
Moderator: Jim Turner, Energy Programs, APLU

  • W. Lance Haworth, Director of Office of Integrative Activities, NSF
  • David T. George, Director, Office of Scientific Review, NIBIB, NIH
  • Linda Blevins, Senior Technical Advisor, Office of Science, DOE
  • Diana Jerkins, Interim Integrated Programs Director, Competitive Programs Unit, NIFA, USDA

11:15 am Peer Review Best Practices: Applied Research and Technology Development
Moderator: JoAnn Milliken, EERE

  • Marc Stanley, Deputy Director, NIST
  • Arun Majumdar, Director, ARPA-E
  • Julie A. Christodoulou, Director, Naval Materials Division, ONR
  • Lita Nelsen, Technology Licensing Office, MIT

12:30 pm Lunch

1:00 pm Peer Review Best Practices: Private Sector and Academic
Moderator: Jim Turner, Energy Programs, APLU

  • Catherine Hunt, Dow, Director of Technology Collaboration Development
  • Supratik Guha, Senior Manager, Semiconductor Materials and Devices,
  • Thomas J. Watson Research Center, IBM
  • Wayne Silby, Chairman, Calvert Special Equities
  • Mike Witherell, Vice Chancellor for Research, University of California at Santa Barbara and former head of Fermilab

2:15 pm Alternate Approaches to Peer Review

  • Ken Gabriel, Deputy Director, DARPA
  • Doug Comstock, Director, Innovative Partnerships Program, NASA

3:00 pm Public Comment Period

:: EERE Peer Review Best Practices Workshop Agenda
:: EERE Peer Review Best Practices Workshop Speaker Bios
Powerpoint Presentations
  1. :: Henry Kelly, Principal Deputy Assistant Secretary,
  2. DOE Office of Energy Efficiency & Renewable Energy
  3. :: W. Lance Haworth, Director of Office of Integrative Activities, NSF
  4. :: Linda Blevins, Senior Technical Advisor, Office of Science, DOE
  5. :: Diana Jerkins, Interim Integrated Programs Director, Competitive Programs Unit, NIFA, USDA
  6. :: Marc Stanley, Deputy Director, NIST
  7. :: Julie A. Christodoulou, Director, Naval Materials Division, ONR

Clean Energy Week Events 2010 in Washington DC

In cleantech, Energy, Environment, greentech, Power Grid, Solar, Sustainable, Technology on January 25, 2010 at 10:10 pm

Complete list of events: http://www.cleanenergyweek.org/schedule.php

National Coalition of Organizations Create Clean Energy Week, Washington DC — February 1st – 5th, 2010

Organizations nationwide are joining together to maximize efforts to move clean energy to the forefront of national policy. Officially declaring February 1-5, 2010 as Clean Energy Week, a growing list of partners are working together to produce a high-impact week of powerful and effective activities and events.

Clean Energy Week, February 1-5, highlights:

  • February 1: Clean Energy Week Press Conference – Presented by ACORE, Alliance to Save Energy, and the Clean Economy Network. National Press Club, Holeman Room, 9:30am
  • February 1-5: NASEO State Energy Policy and Technology Outlook Conference
  • February 2-3: Business Advocacy Day for Jobs, Climate & New Energy Leadership – Clean Economy Network and Ceres’ Business for Innovative Climate & Energy Policy. More Information
  • February 3-5: RETECH 2010 Conference & Exhibition, Washington DC Convention Center
  • February 4: Finance Education Day by the U.S. Partnership for Renewable Energy Finance (US PREF)
  • February 4: Clean Energy Breakfast Roundtable – with Special Hill Guest Speaker. 8am (Clean Technology & Sustainable Industries Organization, Clean Economy Network and K&L Gates). Please contact CTSI or community@ct-si.org for an invite. Free with Invite
  • February 4: Renewable Energy Interactive Webinar (World Team Now) – 2:30-4pm. For more information and to register. Free Webinar
  • February 4: Buy Clean Energy 2010 Program Launch (Center for Resource Solutions). More information available! – Open Opportunity
  • February 4: A cutting-edge feed-in tariff that has the potential to transform New York State into a leading center for renewable-energy investment and job creation will be discussed in a public forum at the Cooper Union’s Great Hall in NYC at 6:30 p.m. http://www.nyses.org
  • February 5: Opportunities and Challenges for Renewable Energy in Latin America and the Caribbean (Latin American and Caribbean Council on Renewable Energy – LAC-CORE, Washington Convention Center: For more information and to register. Free Event

Partners Include:

NREL Uncovers Clean Energy Leaders State by State

In Bioscience, cleantech, Energy, Environment, greentech, Power Grid, Solar, Sustainable on November 22, 2009 at 11:33 pm

via NREL: News Feature – NREL Uncovers Clean Energy Leaders State by State.

 

 

The State of the States project was developed by the U.S. Department of Energy, NREL and the American Council for an Energy-Efficient Economy (ACEEE). It is funded by the Department of Energy’s office of Energy Efficiency and Renewable Energy (EERE).

While states such as California and Texas with abundant resources continue to rank among the leading states in terms of total renewable electricity generation, the study shows that a range of other states are demonstrating strong growth in the clean energy sector, including those with historic fossil fuel legacies, such as Oklahoma and Illinois.

Wind energy accounted for the largest percentage of nationwide growth in renewable generation between 2001 and 2007, including a 30 percent increase in 2006 and 2007.

Biomass generation continued to expand across most regions, with states as disparate as Delaware, Utah, Minnesota and Alaska showing the most recent growth in the sector. Biomass generation continued to be strong in southeastern states, including Georgia, Alabama and Florida.

Key Findings

* Non-hydro renewable electricity generation as a percent of total electricity generation increased 33.7 percent between 2001 and 2007, reaching a national total of 105 million megawatt-hours.

* California led the nation in terms of total non-hydroelectric renewable generation in 2007; Maine is No. 1 when also considering state population and gross state product.

* Washington led in total renewable generation in 2007 if hydroelectric resources are included.

* South Dakota ranks first in overall growth in non-hydro renewable energy generation between 2001 and 2007.

* Geothermal electricity generation in the Lower 48 is concentrated in California, Nevada and Utah.

* Solar capacity is concentrated in the southwestern and northeastern states.

* Leading wind energy states are Texas, California, Iowa, Minnesota, and Washington. However, sparsely populated Wyoming leads in per-capita wind generation.

 

Northeast Adds 17 Gigawatts of Renewable Power to Meet RPS : CleanTechnica

In cleantech, Energy, investment, maintech, Power Grid, Sustainable on November 1, 2009 at 12:19 pm

 

Written by Susan Kraemer for CleanTechnica.com

 

Renewable energy comprised more than half the energy added this year to the Northeast grid, comprising part of Canada and 6 US states. 17 GW of renewable energy projects in the region will be completed in the next five years.

It is no coincidence that each of these states has a state renewable portfolio standard which requires utilities to add an increasing percent of renewable power to the grid each year. New York’s RPS requires 24% by 2013, Maine:40% by 2017(met), Vermont:20% by 2017, New Hampshire:16% by 2025, Rhode Island:16% by 2019, and Connecticut:27% by 2020 )

The Renewable Portfolio Standard is a sure way to get more homegrown climate-friendly renewable power on the grid and is up for votes yet again this year (in the American Clean Jobs & American Power Act) after multiple previous attempts to pass it.

>>Find local group discounts on solar power for your home.

Democrats have attempted to pass a Renewable Portfolio Standard multiple times, for example here and again. Each time Republicans have defeated it by calling coal renewable, or filibustered it to prevent passage. (Renewable energy is defined as energy that is from a resource that is renewable and that has low carbon dioxide emissions, a greenhouse gas.)

It is included again in the current renewable energy bill in the Senate now (CEJAPA) and is the closest it has been to having the critical mass needed to pass it.

Maine has a RPS and has more renewable energy on the grid than any state in the nation; 55%. Collins and Snowe of Maine are two of the four Republicans who have reliably sided with Democrats on renewable energy. However the other two were both voted out last year; Smith of Oregan and Coleman of Minnesota.

Even when states don’t meet them, having an RPS requirement has been proven to get more power on the grid than not having one.

Image: Flikr user Katerina

Tweet This Post

Tags: American Clean Jobs & American Power Act, Connecticut 27% by 2020, Maine:40% by 2017(met), New Hampshire:16% by 2025, Northeast 17 Gigawatts renewable, NY: 24% by 2013, Renewable Portfolio Standard, Rhode Island:16% by 2019, Vermont:20% by 2017

via Northeast Adds 17 Gigawatts of Renewable Power to Meet RPS : CleanTechnica.

Tiny agency has big role in energy debate – KansasCity.com

In cleantech, Energy, Power Grid, Science on November 1, 2009 at 11:50 am

By BARBARA BARRETT
McClatchy Newspapers


As energy increasingly dominates the economy, a quiet little agency in Washington holds the responsibility for tracking the particles that conduct, fuse, blow, heat, combust and convert the earth, wind and water into the energy that makes our society run.

The man behind the quiet data-crunching enterprise is Richard Newell, a Duke University economist and energy enthusiast.

He sits in a glass-walled office a block off the National Mall, between the president who hired him and the congressional lawmakers who hammer his numbers into policy. He visits his wife and two young daughters in North Carolina every weekend, reads massive amounts of analysis and tries to know, always, the big picture about what’s going on in the world.

Newell took over Aug. 3 as the administrator for the Energy Information Administration. Utility companies make decisions about whether to build new power plants based in part on the EIA’s long-term projections of energy use. The office is responsible for dozens of daily, weekly and monthly reports on all aspects of energy.

It tracks how much energy comes from solar, geothermal and biomass sources. It follows the production and use of coal, natural gas and petroleum. It tracks greenhouse gas emissions.

Its work can shake financial markets and propel legislation.

It does all this, by law, in a nonpartisan, neutral fashion. The only political appointee is the director: Newell.

“Energy is a part of so many aspects of our daily lives, our economy,” Newell said in an interview in his Washington office. “It’s the car you drive. It’s when you turn the lights on, drive the kids to school.”

“Environmental issues are increasing in attention and importance over the last decade or two,” he said. “So I think there’s a lot of interest on the part of policymakers and society in how we meet our energy needs in a way that allowed the economy to keep running and addresses environmental concerns. I think we can do all that.”

A friendly man with wavy hair and a fashionable beard, Newell sports just enough gray to give the 44-year-old gravitas in the very serious town of Washington. When he smiles, which is often, his eyebrows shoot above his glasses, crinkling his forehead.

The work he does at the EIA, though, is very serious.

“They’re not trying to spin the facts,” said Ron Planting, an economist at the American Petroleum Institute, an advocacy group for the oil industry in Washington. “They’re trying to gather the best data available. From their data you can get a picture of what’s happening in U.S. energy consumption.”

via Tiny agency has big role in energy debate – KansasCity.com.

Obama announced $3.4 billion in spending for the nation’s ‘smart’ power grid will help – washingtonpost.com

In Energy, Power Grid, Sustainable, Technology on October 28, 2009 at 10:55 am

How the ‘smart’ power grid will help – washingtonpost.com.

Published in the Washington Post

Washington Post Staff Writer
Wednesday, October 28, 2009

President Barack Obama announced $3.4 billion in spending for the nation’s power transmission system Tuesday. White House economic adviser Jared Bernstein talks to The Associated Press about the new ‘smart’ electric grid. (Oct. 27) (The Associated Press)

Modernization investment will create jobs, Obama says

Video
President Barack Obama announced $3.4 billion in spending for the nation’s power transmission system Tuesday. White House economic adviser Jared Bernstein talks to The Associated Press about the new ‘smart’ electric grid. (Oct. 27)

ARCADIA, FLA. — President Obama stepped up his promotion of the job-creating potential of the $787 billion economic stimulus package Tuesday, announcing $3.4 billion in grants to improve the nation’s electrical grid.

The federal money will pay for “smart meters,” updated transformers and other devices to make the transmission of power more efficient and reliable. Obama called the grants the largest investment in energy-grid modernization in U.S. history.

“There’s something big happening in America in terms of creating a clean-energy economy,” he said.

Obama’s vision for changing energy habits and reducing U.S. dependence on fossil fuels, especially foreign oil, relies on establishing a national “smart grid”: an array of switches, sensors and computer chips that will be installed at various stages in the energy-delivery process.

But no less important to the administration are the job-creation aspects of the investments. With the nation’s unemployment rate at 9.8 percent and projected to rise, energy technology promises a bounty of new jobs.

The Commerce Department is scheduled to release estimates Thursday of economic growth for the third quarter of 2009, and for the first time in a year, forecasters say, the economy has expanded.

But job losses continue to plague the country, although not nearly as much as when Obama took office. That has left an opening for Republican critics, who have said that rising unemployment is evidence that the president’s economic policies are not working.

“We’ve seen a $4 trillion budget — $787 billion stimulus, $700 billion financial bailouts, health care, cap and trade [climate change legislation]. Everything seems to be more government, big government,” said Rep. Connie Mack (R-Fla.).

While many economists say the stimulus money has helped stabilize the economy, most voters think otherwise, according to the latest Washington Post-ABC News poll. It found that 22 percent of Americans think the package has made the economy worse, while 35 percent say it has had no effect.

That sentiment is lending urgency to the administration’s efforts to stem unemployment and talk up the virtues of its economic approach.

On Tuesday, Vice President Biden celebrated plans to reopen a General Motors plant in Wilmington, Del., to produce long-range plug-in electric hybrid vehicles.

The plant has been purchased by luxury automaker Fisker Automotive, which plans to hire 2,000 workers to manufacture the cars, and estimates are that 3,000 other jobs will be created to support the operation. The undertaking is being financed by a $529 million Energy Department loan.

Megakites & Solar Flowers at Popular Science By Carina Storrs

In cleantech, Energy, entrepreneur, greentech, Science, Solar, Sustainable, Venture Capital on October 14, 2009 at 12:19 pm

This Month’s Innovations For a Greener Future: Megakites, Solar Flowers, and More

via This Month’s Innovations For a Greener Future: Megakites, Solar Flowers, and More | Popular Science.

By Carina Storrs Posted 10.14.2009 at 10:21 am

Up and Away: The kite generates electricity as it ascends.

A kite flown in a strong breeze will quickly unspool string as it climbs higher. KiteGen Research in Italy aims to turn that action into electricity. The company developed a prototype that flies 200-square-foot kites to altitudes of 2,600 feet, where wind streams are four times as strong as they are near ground-based wind turbines.

As the kite’s tether unspools, it spins an alternator that generates up to 40 kilowatts. Once the kite reaches its peak altitude, it collapses, and motors quickly reel it back in to restart the cycle. This spring, KiteGen started building a machine to fly a 1,500-square-foot kite, which it plans to finish by 2011, that could generate up to three megawatts—enough to power 9,000 homes.

Smoke and Mirrors: Mirrors direct sunlight onto the solar plant’s tower, heating air to run a turbine that powers 70 nearby homes. Aora/Haim Fried

Flower Power

Any blossom would stand out in the desert of southern Israel, but you’d be hard-pressed to miss a 98-foot-tall one. The tulip-shaped tower is the centerpiece of the world’s first hybrid-solar power plant, opened this summer by Israeli start-up AORA Solar. An array of 30 mirrors focuses the sun’s rays on the central steel bud. Inside, the solar energy heats air to 1,800ºF, causing it to expand and spin a turbine to generate 100 kilowatts. When night falls or clouds obscure the sun, the plant helps heat the air with a standard diesel combuster running on up to eight gallons per hour to provide consistent electricity output, unlike strictly solar plants. AORA is working with Spanish, Chilean and Australian companies to export the tech, which could be reconfigured to burn biofuel, says Pinchas Doron, the company’s chief technology officer. “Soon,” he says, “it could be green energy 24/7.”

Cleantech VC funding up in Q3 – BloggingStocks

In cleantech, Energy, Environment, greentech, investment, maintech, Sustainable, Technology, Venture Capital on October 11, 2009 at 12:35 pm

Cleantech VC funding up in Q3

Posted Oct 2nd 2009 3:20PM by Tom JohansmeyerTom Johansmeyer RSS Feed

Venture capital investment in clean technology grew 10% from the second quarter to the third this year. According to a report by the Cleantech Group and Deloitte, 134 companies received investments of $1.59 billion – up from $1.2 billion in the second quarter. The sector’s upward trajectory continues, with last quarter marking the second in a row of double-digit growth. In the first quarter of 2009, venture capital investment in cleantech companies hit a low of $1 billion.

The strong third quarter has made the cleantech sector the largest in the venture capital business, according to the Cleantech Group, pulling ahead of biotech. Twenty-seven percent of venture capital funds invested in the second quarter of 2009 went to cleantech companies – up from 3% at the beginning of 2004.

via Cleantech VC funding up in Q3 – BloggingStocks.

Green Festivals – Washington DC

In architecture, cleantech, Energy, Environment, Science, Sustainable on October 9, 2009 at 5:25 pm

At the Washington DC Green Festival™, a joint project of Global Exchange and Green America, we’re celebrating what’s working in our communities—across the District, Maryland and Virginia—for people, for business and for the environment.

You’ll enjoy more than 125 renowned speakers and 350 green businesses (start your holiday shopping now!), great how-to workshops, green films, a Fair Trade pavilion, yoga classes, organic beer, delicious organic cuisine and live music.

Find out about DC environmental initiatives; and learn how neighbors, community nonprofits and city departments are working together to make their cities healthier places to live.

via Green Festivals – Washington DC.