SED
Sustainable Energy for Development: People, organizations, and projects active in environmentally benign energy sources for developing countries.

Ken Novak's Weblog


daily link  Thursday, December 28, 2006


Joel Makower commercializes greenbiz.com:  The green info market matures.  "I've just launched a for-profit media company, Greener World Media, which has taken over publishing of GreenBiz.com, et al, from their nonprofit home, the esteemed National Environmental Education & Training Foundation, where the sites had lived happily for the past five years.

Why a for-profit? In 1998-99, when the idea for GreenBiz.com was germinating, there was no business model for giving away information on the Internet. That clearly didn't stop a lot of people, but it stopped me. So, I created "the resource center on business, the environment, and the bottom line," as we dubbed ourselves, as a not-for-profit resource, relying on grants, sponsorships, and the kindness of strangers.

That model worked for a while, but it wasn't sustainable. (There's precious little philanthropic money available, at least in the green world, for a nonprofit organization whose prime mission is to serve the needs of business.) And things have changed: There is a business model now for online information services, based on advertising, sponsorship, and other revenue sources. And the world of green and sustainable business has exploded, with plenty of new products, services, and company initiatives to be promoted."  This is good news.  In my 2001-2 Stanford Digital Vision fellowship, I concluded that information sources for sustainable energy were needed, and were on their way thanks to tech advances in blogging and the natural growth of the community.  In the last 2 years, I've trimmed my own blogging in the topic area as others have other voices and services have grown. Now it seems to be completely mainstream.
  12:07:01 AM  permalink  


daily link  Tuesday, December 26, 2006


Small car 'Reva' gets big funds:  "Venture funds are now seeing value beyong hot wireless and internet companies in India. India’s first and only electric car manufacturer, REVA Electric Car Company, has attracted a $ 20 m investment from Draper Fisher Jurveston, Global Environment Fund (GEF) and Mellon HBV Master Global Event Drive Fund LP, according to officials.  The company, which is joint venture between the Bangalore-based Maini group and the California-based AEV LLC, is looking at expanding overseas and consolidating its position in global markets with this funding. .. This is GEF’s first investment in India. ..

Reva has sold around 1000 cars in the domestic market and 600 in overseas markets. Apart from the United Kingdom, the company is targetting exports to USA, Norway, Switzerland, Cyprus, Japan, Srilanka and Malta. Its manufacturing plant, located in Banglaore, has an installed capacity of about 6,000 units. .. The entry model is priced around Rs 3 lakh [$6800].  Last year, the company collaborated with designer Dilip Chhabria and Encore, maker of the smallest tablet PC, to launch Reva-NXG. The model gives an extended 200 km per charge compared to the 80 km that is available on the entry model."
  7:41:04 AM  permalink  

WaterHealth International Closes Series C Funding:  "WaterHealth International, Inc. (WHI) today announced the final close of its Series C funding for a total equity investment of more than $11 million.  SAIL Venture Partners, L.P., anchored the latest investment of $4 million.  Series A investor Plebys International LLC, founded and led by WHI CEO Tralance Addy, also invested in this round.  The new investments are in addition to the $7.25 million equity investment anchored by Dow Venture Capital that WHI announced last month.  

WHI has more than 450 installations of its water purification and disinfection systems in developing countries around the world.  This additional funding further strengthens WHI and will allow for accelerated growth in the company's target markets, primarily India and South Asia, West Africa, the Philippines and Mexico."  This is the product developed by Ashok Gadgil, which I've been following for a few years.  Glad to see it get substantial backing.

  12:25:16 AM  permalink  


daily link  Wednesday, December 13, 2006


Low temp geothermal: "PureCycle® geothermal power plant at Chena Hot Springs Resort in Alaska was selected as Project of the Year in the renewable/sustainable energy category by Power Engineering magazine.  .. The Chena Hot Springs Resort in Alaska has the first geothermal power plant in the state. It also is the site of the lowest temperature geothermal resource (165°F) ever used for commercial power generation in the world. The resort’s UTC Power PureCycle® geothermal system was commissioned in August and provides power for the resort’s on-site electrical needs. All 44 buildings at the resort – including a greenhouse, hotel, cabins and ice museum – are linked by a geothermal district heating system.More info:  "Although output from the installation is considered small for a base load power plant, the Chena plant represents a huge leap forward for moderate geothermal development and greatly expands the number of geothermal resources that can be economically developed. Prior to the operation of the power plant at Chena, the lowest temperature geothermal resource ever developed for commercial power generation was 208 F."  9:29:11 AM  permalink  

ADB lending for renewables growing:  "A financing facility of US$510 million has been approved to develop renewable energy resources in Pakistan. ADB (Asian Development Bank) will establish the ‘Renewable Energy Development Sector Investment Program’ to expand power supply in rural areas through 600,000 new connections to 4.8 million people. The multitranche financing facility is one of the first to be developed under ADB's evolving clean energy initiative, through which ADB plans to expand operations in developing countries to $1 billion per year.  “Small- to medium-sized hydropower plants offer the greatest renewable energy potential for Pakistan, while possibilities also exist in promoting greater use of wind, solar, and biomass power,” says Piya Abeygunawardena of ADB."  9:17:16 AM  permalink  

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Last update: 12/28/2006; 12:08:40 AM.
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