Solar Window Developer Sees Through

Posted on May 8, 2012 by quest

New Energy Technologies, Inc., a developer of SolarWindow, capable of generating electricity on see-through glass, today announced plans to introduce the Company’s novel electricity-generating technologies to commercial interests and industry participants with the appointment of its Vice President of Business & Technology Development, Mr. J. Patrick Thompson. Mr. Thompson is an accomplished industry executive and glass manufacturing-process engineer who brings particular expertise in solar, plastics and film, glass, and solar-glass segments – all important areas of commercial interest and technology development for New Energy’s SolarWindow™.“The ability to generate electricity on glass windows while remaining see-through is a truly disruptive industry breakthrough which could stand to change the way in which we power our homes, offices, and commercial businesses,” explained Mr. J. Patrick Thompson, the Company’s newly-appointed VP, Business and Technology Development. “I’m excited to be part of advancing New Energy’s SolarWindow™ towards commercialization and very much look forward to helping introduce our technology to industry and commercial interests.”

“Patrick has a proven track record with Fortune 100 companies in industry segments most important to the future development and eventual commercial launch of our novel technologies,” explained Mr. John A. Conklin, President and CEO of New Energy Technologies, Inc. “In the past few months, while serving on our Board of Advisors, Patrick’s advice and counsel have been invaluable. I’m proud to now welcome Patrick to our management team during this very exciting time, especially in light of the important development progress we’ve made with SolarWindow in recent months.”

Recently, the Company has achieved significant milestones in the development of its novel, SolarWindow™ technology, capable of generating electricity on see-through glass. Notably, in March, 2012 New Energy Technologies, Inc. and the US Department of Energy’s National Renewable Energy Laboratory announced the development of ‘invisible wires’ for transporting electricity on SolarWindow™. Weeks earlier, New Energy and the US Department of Energy’s National Renewable Energy Laboratory fabricated the institute’s largest-ever organic photovoltaic device. Previously, Company researchers successfully fabricated its latest working SolarWindow™ prototype using a faster, rapid scale-up process for applying solution-based coatings which generate electricity on glass.

Urban Farmers Growing Cities

Eagles Green Solar Leaders in American Sports

Posted on March 5, 2012 by quest

NRG and the Philadelphia Eagles today announced a new sustainable energy partnership to make the Eagles’ vision of clean power for Lincoln Financial Field a reality. When construction is completed late in December 2012 the Eagles’ home in Philadelphia will be among the greenest major sports facilities in the U.S. and in the world. NRG will design, build and operate a unique, integrated sustainable energy solution including solar panels and micro wind-turbines that together will provide annually about six times the power used during all Eagles home games. In addition, NRG will be the official supplier of grid power to Lincoln Financial Field and a major sponsor of the Eagles to go.

“The Eagles were pioneers in embracing sustainability when they launched their Go Green! campaign back in 2003, now we are pleased to be their partner in making on-site renewable energy the centerpiece of their commitment to a sustainable future,” said David Crane, President and Chief Executive Officer of Princeton, N.J.-based NRG. “The new clean energy facilities in and around Lincoln Financial Field will make it clear to all that renewable energy makes sense, economically, aesthetically and environmentally, for businesses and individuals in and around Philadelphia.”“The Philadelphia Eagles are proud to announce this new partnership with NRG, a respected leader in the energy field,” said Eagles Chairman and CEO Jeffrey Lurie. “We believe that companies everywhere can find ways to Go Green with business practices that help the environment and the bottom line. Together with NRG, we’re eager to use this project at Lincoln Financial Field to continue our leadership role on environmental issues.”

Added Christina Weiss Lurie, “This is another example of our comprehensive, integrated approach to running the greenest business we can. Adding clean energy sources to our existing recycling and energy conservation efforts is the right way for the Eagles to go

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Solar Power Leading Cleantech Investments

Posted on January 6, 2012 by quest

Cleantech Group, a global research firm focused on cleantech innovation, today released preliminary 2011 results for clean technology venture and corporate investments around the globe, totaling $8.99 billion, a 13 percent increase over 2010. Cleantech mergers & acquisitions reached record highs in 2011 with 391 deals and a dollar volume of $41.2 billion, a robust 153 percent growth over 2010. Solar was the leading sector by amount invested ($1.81 billion), followed by energy efficiency ($1.46 billion) and transportation ($1.12 billion). Energy efficiency was the most popular sector measured by number of deals, with 150 funding rounds, ahead of solar (111 deals) and transportation (61 deals).

“Despite some of the well-publicized headwinds, venture capitalists continue to invest in cleantech. Based on our historical data, we believe 2012 will be an all-time record year for global cleantech investments.”“While 2011 has been a difficult year for cleantech and venture capital, our 2011 numbers show surging interest in cleantech from global enterprises,” said Sheeraz Haji, CEO of Cleantech Group. “Despite some of the well-publicized headwinds, venture capitalists continue to invest in cleantech. Based on our historical data, we believe 2012 will be an all-time record year for global cleantech investments.”

Throughout 2011, investment totals grew while the number of deals declined by 7 percent compared to 2010, an indication that average round size is increasing. Of the 713 deals, 61 percent (438) were Series B or later rounds, accounting for 85 percent ($7.64 billion) of all money invested during the year.Investments in North America grew significantly from $5.20 billion in 2010 to $6.81 billion in 2011, or a 30 percent increase. On the other hand, Europe and Israel took a step back, with $1.30 billion invested in 2011 compared to $1.84 billion in 2010.In the public markets, China remained strong for cleantech IPOs. 28 of the 51 IPOs in 2011 came out of China, led by several massive offerings by large renewable energy corporations such as Sinohydro, Sinovel Wind Group and Huaneng Renewable Energy.

U.S. Solar Industry Reaches New Heights

World’s Tallest Solar Tower Set To Rise In Arizona

Posted on November 27, 2011 by quest

There are big scale solar projects that simply dazzle the imagination. Take for example the Ivanpah Solar Electric Generating System, which is a $2.2 billion solar thermal power project currently under construction in the California Mojave Desert. The The Ivanpah Solar Electric Generating System, is 40 miles southwest of Las Vegas, and will generate 392 megawatts of power. Google which recently pulled out of the deal after investing $168 million was one of the first investors along with the Department of Energy which has over a billion dollars in the deal. It’s massive in scope. It will produce for 1400 jobs at it’s peak and cut 13.5 million tons of carbon dioxide from the sky over it’s thirty year life expectancy.

Then there’s Desertec, an ambitious solar power project, that is to start building its first power plant next year, a 500 megawatt facility in Morocco costing up to 2 billion euros ($2.8 billion), the project lead told a German newspaper.”Construction is to start in 2012,” Ernst Rauch of Munich Re (MUVGn.DE), initiator of the Desertec Industrial Initiative (DII), told Sueddeutsche Zeitung in an interview.

Founded by mostly German companies in 2009, the 400 billion euro Desertec project will use mirrors to harness the sun’s rays to produce steam and drive turbines for electricity generation in the Sahara region within the next decade and then transmit the power to energy starved Europe. The first phase of the 12-square-kilometre Moroccan complex will be a 150 MW facility costing up to 600 million euros that will take two to four years to build.

But while these two utility scale projects go wide; EnviroMission a developer of solar tower systems is working in La Paz Arizona will build the tallest solar building in the world. It is the first of two such towers to be completed in 2015. Read more

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Greenleaf Gets More Biomass Power in California

Posted on December 14, 2010 by quest

Biomass renewable energy company, Greenleaf Power has reached an agreement to purchase Colmac Energy. Colmac is a 47-megawatt facility and is one of the largest biomass facilities in California. It has operated the Southern California plant since its construction and initial start-up in 1992 and sells its electrical output to Southern California Edison under a long-term agreement. The plant is fueled primarily using clean diverted wood waste, green waste and agricultural residues.

Greenleaf Power is focused on the acquisition and development of power plants fueled by residual biomass feedstock. Colmac is the third biomass acquisition by Greenleaf Power. Earlier this year, Greenleaf purchased the 30-megawatt Honey Lake biomass plant in Wendel, CA as well as a 28-megawatt biomass plant in Scotia, CA.

Hugh Smith, president of Greenleaf Power said, “The Colmac facility is a significant acquisition for Greenleaf Power. It will be a flagship plant for our growing fleet which now totals over 100 MW of capacity – and will provide the critical mass necessary to leverage the synergies that naturally result from the ownership of multiple facilities.” Greenleaf Power acquires, develops, owns and operates power projects that utilize residual biomass as fuel. Greenleaf Power currently owns and operates approximately 60 megawatts of biomass generating assets in California. Greenleaf Power has established independent management and recently relocated its corporate headquarters from Illinois to Sacramento, CA.

Greenleaf Power is backed by Denham Capital, a leading global energy-focused private equity firm. Biomass power plants use controlled, low-emission conditions to generate electricity. In addition, biomass facilities divert waste from landfills and displace the greenhouse gas emissions of the methane that would result from the decomposition and decaying of organic materials from landfills, forest accumulation or composting.