Energy Efficiency To Be Top Clean Tech Venture Capital Investment Theme

March 24, 2010

Move aside solar and electric cars. Energy efficiency will be the top investment theme for venture capitalists this year.

This prediction comes from the Cleantech Group, which said it conducted interviews with venture capitalists, early-stage companies and industry pundits.

Solar to be overtaken as top venture investment category with big opportunities for energy efficiency in commercial buildings

Our analysis shows that energy efficiency is poised to overtake solar as a top investment category in 2010, and commercial buildings represent a prime target,” according to group President Sheeraz Haji.

The explanation is that venture capitalists are looking for faster paybacks for their clean-tech dollars and places where they can put smaller amounts of money to work. An energy-efficiency company might use computers and software to analyze energy use data instead of build a factory to make solar panels. This means it needed less money to get started.

The biggest opportunity for energy-efficiency innovations is likely to be commercial buildings. Buildings, both commercial and residential, consume about 40 percent of the nation’s energy and 72 percent of its electricity. Commercial buildings make a more immediate target because administrators are eager to save money.

Among the products most like to get funding are those that will use information technology and communications to permit greater visibility into and control over energy use. But low-power Wi-Fi sensors, building automation systems, smart lighting and energy-efficient windows have bright futures.


Connecticut Boast Energy Efficient Apartment Towers Is Model For Other States

March 15, 2010

The 32-story apartment building is located in the heart of downtown New Haven, across the street from the New York train and a short walk to Yale University.

New Haven building has a green, irrigated roof and makes use of fuel cells for energy

But these features may not be its biggest draw. The building, with 500 dwellings, is packed with the latest in energy savings innovations, including a pool run by a fuel cell, elevators that generate their own power as they move and an irrigated green roof.

The developers, Becker+Becker, boast it is the most advanced building in Connecticut. And they may be on to something. It has drawn fawning admiration (and a visit) from outgoing Senator Christopher Dodd. HUD Deputy Secretary Ron Sims paid a call. And New Haven Mayor John DeStefano claims the structure is exactly what Barack Obama means when he says green economy.

Its energy-savings features include a half-acre, green irrigated roof, a total of 400 KW of on-site fuel cells, electric car charging stations, elevators with energy-capture technology, waste-heat recovery, high-efficiency lighting with motion sensors, low-flow fixtures, insulated windows, recycled-stone countertops and thermostats that detect when people are home.

Appliances have Energy Star ratings, and the garage is equipped with both bike racks and a Zipcar sharing program. The building is the first in the state with an LEED platinum rating.

Becker+Becker said Monday it should half the carbon footprint of comparable towers. Energy savings are to be passed on to residents in the form of lower utility bills.

No unit prices were available. But local reports suggest the penthouse will go for a whopping $4,700 a month.


The Zero Energy Home

November 6, 2009

Almost two decades ago, Marc Porat captured the imagination of Silicon Valley with a radical idea and a hot new start-up, General Magic.

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Spray foan insulates an attic space at March Porat's California home

The radical idea was to develop software agents – or virtual genies – able to carry out the wishes of computer owners, such as booking a flight to Phoenix.

General Magic’s dream never came to be. Now Porat has turned his interests to green tech, launching several start-ups and serving on the board member of green building materials maker Serious Materials.

He also turned his Palo Alto home into a showcase for environment conservation – a so-called zero energy home. Only a few homes in the country can truly claim that distinction.

“I wanted to go all the way to the edge,” he said during a Thursday evening tour of the home. “In the future, this will be the new normal.”

Porat acknowledges that his $100,000 home redesign is out of the reach of middle class homeowners eager to conserve energy. But prices are expected to fall by as much as 50 percent in the next year, and many projects don’t need to go to the same extremes to achieve significant energy reductions.

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Magnetic storm windows add a second layer of glass to Tudor style windows

Still, if mastering home energy use is your goal, here is a list of the innovations Porat brought to his 1936 two-story all-electric English Tudor. They work was carried out by Sustainable Spaces, a retrofit firm planning to change its name to Recurve:

*The installation of an air-to-water heat pump in place of a furnace to transfer the heat in outdoor air to water for interior heating and hot water. The pump also produces cold water for air conditioning;

*The installation of magnetic interior storm windows to add a second pane of glass to the home’s original leaded panes;

*Spray foam attic insulation applied to the inside of the roof for an airtight seal;

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The basement becomes an environmental labyrinth of systems designed to conserve energy and resources.

*Cellulose wall insulation made from recycled newspapers and thoroughly insulate walls;

*Force air heating to manage air circulation. The air changes within the home every three hours;

*Radiant floor heating in the foyer and sunroom. Heat is provided by hot water produced by the air-to-water heat pump. The remainder of the home uses forced air heating;

*Compact fluorescent bulbs in lighting fixtures;

*Induction range in kitchen provides 30 percent greater efficiency than an electric stove;

*Energy star appliances, including refrigerator;

*Bathroom pumps to bring hot water to showers and facets more rapidly.

The result is a 62 percent reduction in energy use. With 8 kilowatts of solar on the rooftop, the home becomes a net zero energy user, generating more juice than it needs in the summer and consuming energy from the grid in the winter when the sun’s rays are less intense.

With new technologies, materials and know-how coming to the buildings industry, the U.S. should be able to cut building and infrastructure energy use by 50 percent, says a determined Porat.


12 Hot Lighting And Green Buildings Startups

September 16, 2009

The next generation lighting and green buildings markets are huge.

Here are 12 hot startups hoping to mine the space.

They come from the Cleantech 100 list of privately held companies. The list, with 55 startups from the United States, 13 from the United Kingdom, 10 from Germany, five are from Israel and three from India, is meant to identify companies with the potential to grow rapidly. No Chinese companies made the cut.

Here are three companies developing high efficiency lighting:


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