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IPCC Report Says “Unequivocal” – This is Truly Required Reading for All

In the required reading category for all humans, the 5th IPCC (Intergovenmental Panel on Climate Change) report, Climate Change 2013 – The Physical Science Basis, now uses the unambiguous term “unequivocal” when describing global warming. I don’t think there is a more robust “canary in the coal mine” warning for us to take action upon (forgive the tortured pun).

“Warming of the climate system is unequivocal, and since the 1950s, many of the observed changes are unprecedented over decades to millennia. The atmosphere and ocean have warmed, the amounts of snow and ice have diminished, sea level has risen, and the concentrations of greenhouse gases have increased.”
Opportunities to reinvent our economic system to support the next phase of our existence in a sustainable fashion are exciting to anyone who loves innovation, value creation, economic growth, and well being. However, policy needs to level the playing field so we get there faster with less unnecessary friction.
The Summary is available now on the IPCC site –IPCC   The full report will be available on September 30, 2013.  All legislators should read this document to be informed when debating policy.

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One healthy bipartisan effort in Congress relates to enabling Master Limited Partnerships (MLP’s) to finance renewable energy projects. Long used in traditional energy, MLPs are a proven instrument and can help overcome the high upfront costs of renewable energy hardware and installation which produces a stream of low cost energy over its life. This is done by having a public market for investors to efficiently price and trade MLP interests.

Here’s a good article by Jordan Collins and Bryan Stockton explaining the progress in Congress toward enabling legislation to include renewable energy projects. While not a done deal, it is encouraging to see this important instrument be debated.

http://www.mintz.com/newsletter/2013/Advisories/3138-0613-NAT-ECT_Collins-Stockton/index.html

 

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Coulumb Get $47.5M to Grow EV Charging Station Business

 

 

According to Gigaom today, Coulomb closed a Series D financing of $47.5M bringing in heavyweight investors such as Kleiner Perkins and Toyota Tsusdo (Toyota’s trading corporation). The drive to build out electric vehicle charging infrastructure is important to give consumers confidence that they will be able to easily recharge their EV’ so they will buy them.  Our view is that while this infrastructure is being deployed, the auto industry will be releasing new plug-in EV’s (e.g., Fisker’s Karma is shipping now) to mitigate the sparse charging infrastructure and range anxiety issue in addition to more battery-only EV’s (e.g., Nissan Leaf is shipping now). We are at an important turning point in this market where we’ll see more consumer choices for EV’s. Choice will help drive adoption which will drive volume which will drive cost reduction which will drive broader adoption. It can’t happen soon enough for the auto industry to compete on the world stage.

http://gigaom.com/cleantech/coulomb-powers-up-with-47-5m-for-electric-car-charging/

 

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Indow Windows wins Energy Efficiency Award at the Cleantech Open

Indow Windows won the Energy Efficiency category Award at the 2011 Cleantech Open Global Forum. This represents the second category winner from the Pacific Northwest at the event.  Indow Windows also won the National Sustainability award for their exemplary sustainable business practices. Furthermore, they won the Pacific Northwest Regional award.  Indow Windows mass-customizes energy efficient window inserts. Congratulations to these great entrepreneurs and teams!

www.indowwindows.com

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GridMobility Wins Smart Power Category Award at Cleantech Open Global Forum

Washington State’s early stage GridMobility won the “Smart Power” category award at the Cleantech Open 2011 Global forum in San Jose, CA Tuesday evening. GridMobility’s “Renewable Demand Response” software enables power users to time-shift electricity consumption based on current availability of renewable electricity or “green electrons”. Bonneville Power Administration and a WA State utility are currently using the software as well as a number of major companies in commercial, industrial, and electric vehicle markets.

The National Cleantech Open winner across all categories will be announced today, Wednesday.

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Brammo Blasts Forward on the $28M B Round + Polaris Industries

Brammo announced today that it had secured another $28 million in private funding for its Series B round AND a  strategic deal with Polaris Industries who is also investing. With innovative design brains, technology,, market savvy, cash, good investors, and great strategics like Polaris and Flextronics, keep watching what Craig Bramscher (CEO) and his passionate team create out of the lovely Ashland, Oregon area.

“We are excited to advance our electric vehicle capability by establishing Polaris as a business partner and part owner of Brammo, one of the most innovative and aggressive companies I have found in the electric motorcycle space,” said Scott Wine, Polaris CEO. “Our companies share a passion for performance, and I look forward to exploiting the numerous opportunities created by pairing Brammo’s industry-leading electric powertrain technology with Polaris’s vast array of market-leading powersports products. This is a small but important investment for Polaris in an electric vehicle market that we feel is poised for significant growth.”

Also, see the MarketWatch announcement in this link:

http://www.marketwatch.com/story/brammo-drives-growth-with-28-million-series-b-and-forms-a-strategic-partnership-with-new-investor-polaris-industries-2011-10-26

 

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Puralytics Joins Global Cleantech 100

A Cleantech Open National winner in 2010, Puralytics now becomes a Global Cleantech 100 winner. Congratulations to Mark Owen and his team for their great, water purification innovation! “Puralytics recently exhibited and spoke at the Pacific Northwest Cleantech Open offering inspiration to this year’s semi-finalists,” said Byron McCann, NW Regional Director of the Cleantech Open.

http://www.wqpmag.com/2011-Global-Cleantech-100-Winners-Announced-NewsPiece24554

 

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Sunlogics to Acquire EPV Solar Germany and New Millennium Solar Equipment

Sunlogics to Acquire EPV Solar Germany and New Millennium Solar Equipment

October 10, 2011
Source: Clean Edge News

Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project development and installation, recently announced that it has acquired privately-held Phoenix Solar Holdings Corp and its operating subsidiaries, including EPV Solar Germany GmbH and New Millennium Solar Equipment Corp. With the completion of this transaction, Sunlogics now has the ability to manufacture solar panels, using its proprietary technology, in Europe, Asia and North America. The transaction included investments by GLG Partners LP, Tenor Capital, Atlas Investment Fund and Catalyst Investment Management Co LLC. Exact financial terms of the transaction were not disclosed, but did include Sunlogics receiving a $6 million equity investment.

The acquisition includes the photovoltaic manufacturing facility located in Senftenberg, Brandenburg, Germany. The 55,000 square feet, 30 MW plant entered production in 2008. The Company is in the process of finalizing an existing government grant and once resolved will increase production, staffing levels and project development initiatives. The Company also intends to invest up to $6 million in additional, proprietary manufacturing technology over the next few years. Moreover, the Senftenberg location will serve as the base for projected expansion in Europe. The Company has announced plans to relocate the acquired U.S. panel manufacturing equipment, representing 20MW of production, from New Jersey to Detroit, Michigan and Ontario, Canada.

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Cleantech Open NW 2011 Regional Finalists Announced

3rd ANNUAL CLEANTECH OPEN ANNOUNCES FINALISTS TO COMPETE FOR NATIONAL $250,000 PRIZE
From green building to smart grid technology, the 2011 class of semifinalists includes start-up companies from Washington and Oregon

(SEATTLE, WA) – The Pacific Northwest Cleantech Open – a chapter of the world’s largest business competition devoted to finding, funding and fostering successful cleantech businesses – today announced the three finalists to represent the Northwest at the national competition for a chance to win $250,000. The winning companies – Indow Windows, HM3 Energy and GridMobility – were selected from a class of 11 semifinalists which represent some of the most innovative, local start-up companies addressing the critical energy, environment and economic challenges we face today.

“From innovations in green building to energy efficiency, this year’s class of semifinalists exemplifies the high-quality and caliber of entrepreneurship growing in the Northwest,” said Byron McCann, Cleantech Open Regional Director for the Pacific Northwest. “This year’s winners will proudly represent our region at the national competition, and we wish them luck.”

The Pacific Northwest 2011 competition finalists are:

• Indow Windows – (Portland, OR) – builds thermal inserts that press on the inside of a window frame without any nails, screws or adhesives to deliver the performance of double pane windows, at a fraction of the price. With 43 percent of U.S. residences using single pane windows, Indow Window delivers a cost-effective, energy-saving alternative. To learn more: http://www.indowwindows.com.

• HM3 Energy – (Troutdale, OR) – uses proprietary technology to convert biomass into clean fuel to replace coal in coal-fired power plants. Existing power plants can co-fire biomass with coal, or directly use torrefied biomass in place of coal, without any plant modifications and at nearly the cost. To learn more: http://www.hm3e.com.

• GridMobility – (Redmond, WA) – is a smart grid company that enables utilities, power balancing authorities, commercial and residential power customers to significantly increase their consumption of renewable energy and reduce energy costs. Using proprietary technology, GridMobility allows customers to choose their electricity sources and actively manage power consumption. To learn more: http://www.gridmobility.com.

“The Cleantech Open provides access to mentorship, business and financial expertise to help start-ups transform bright, new ideas into successful, profitable companies,” McCann added. “The Northwest has long been an incubator for innovation and there’s an opportunity to add to that legacy by building a strong, regional clean technology industry.”

In just three years, the all-volunteer organization can already point to measurable successes in the Northwest. Last year’s regional finalist, Puralytics, an Oregon-based company pioneering photochemical water purification, won the national championship for the tremendous environmental and social impact of their technology.

The three Pacific Northwest winners will compete with finalists from six other Cleantech Open regions on November 16 at the national awards ceremony in San Jose, CA.

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Cleantech Open Sponsors
The Cleantech Open is made possible by the generous support provided by Global Partner: Chevron; National Sponsors: Autodesk and University of Phoenix; Multi-Regional Sponsors: Wells Fargo and Deloitte. Event sponsors include: Puget Sound Energy, Avista, Wilson Sonsini Goodrich and Rosati, Lane Powell, Silicon Valley Bank, Stoel Rives, Dorsey & Whitney, and Portland General Electric. Mentor support provided by Aeon Law.

About the Cleantech Open
The Cleantech Open is the world’s largest cleantech business competition. Its mission is to find, fund and foster entrepreneurs with big ideas that address today’s most urgent energy, environmental and economic challenges. The program provides the infrastructure, expertise and strategic relationships to turn clever ideas into successful global cleantech companies. Since 2006, through its one-of-a-kind annual business competition and mentorship program, the Cleantech Open has enabled hundreds of clean technology startups to bring their breakthrough ideas to fruition, helped alumni contestants raise over $280M, and created an estimated 1,200 green collar jobs. Fueled by a network of more than 700 volunteers and sponsors, the Cleantech Open unites the public and private sectors in a shared vision for making America’s cleantech sector a thriving economic engine.

Connect with the Cleantech Open
Online: http://www.cleantechopen.com
Twitter: @NWCleantechOpen
Facebook: http://www.facebook.com/Cleantechopen
LinkedIn: http://www.linkedin.com/groups/Cleantech-Open-57271

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Cleantech Open NW Awards Expo Oct 5th in Seattle


The 3rd Annual Cleantech Open Northwest Region Awards Expo is this Wednesday, Oct 5th, at the Bell Harbor Conference Center in Seattle.

The event will spotlight the region’s most promising clean technology innovators of the year and includes a stellar venture capital, angel, and entrepreneur panel on the clean tech investing outlook.

Three Finalists will receive awards to help them grow their ventures, and they will go on to compete for the National Cleantech Open Championship in November.

To register, follow this link:
Registration Link to Cleantech Open NW Awards Exp

Some details:
Wednesday, October 5, 2011
3:30pm to 7:30pm

Location
Bell Harbor Conference Center
Pier 66, 2203 Alaskan Way
Seattle, Washington

Program
3:45pm – 5:45pm – Two hours on the exhibition floor
5:45pm – 6:45pm – Keynote Panel on Cleantech Investment Outlook
6:45pm – 7:15pm – Announcing the Finalists who proceed to the Nationals and their awards

We hope to see you there to cheer on these innovative entrepreneurs and listen to the clean tech investing panel.
Byron McCann

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