Tag: Energy

Clean energy technology was thought to be uninvestable. One fund thinks otherwise

Loknath Das

Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a big bet that it’s possible to back clean tech companies at the earliest — and often riskiest — stages, all without sacrificing returns. In October, Clean Energy Ventures announced that it raised $110 million for its first fund, which will target “the current capital gap for seed and early-stage investment in promising advanced energy innovations,” a press release said. The firm’s strategy rests on the belief that…

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Whitefish Energy: Power company halts Puerto Rico work

Loknath Das

An energy firm is halting work restoring power in hurricane-ravaged Puerto Rico in a dispute over pay. Whitefish Energy says payments have been delayed from Puerto Rico’s bankrupt power authority. The power authority, known was Prepa, says it is reviewing invoices and has stopped payments after receiving a complaint from a subcontractor. Whitefish Energy has been at the centre of a contracting controversy that reached the Trump administration. Puerto Rico’s hard road to recovery after Hurricane Maria Whitefish energy grid deal to be scrapped The company said in a statement…

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Battery-Less Cellphone Prototype Harvests Energy Out of Thin Air

Loknath Das

A team of researchers at the University of Washington has come up with a working prototype of a cellphone that doesn’t require a battery to make calls or send text messages – instead, it harvests energy from thin air, more specifically, radio signals. Right now, all it features is an LED light and buttons on a circuit board, however, a more advanced prototype with an E Ink display and better call quality is in the works. The projected was spearheaded by UW research associate Vamsi Talla, working at the lab…

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Energy shares drag FTSE lower after Doha deal disintegrates

subhadip

Britain’s top share index came under pressure on Monday after major oil producers failed to reach an agreement to freeze output over the weekend, sending shares in energy stocks lower. Oil & gas companies were the top sectoral fallers after a deal to freeze oil output by OPEC and non-OPEC producers broke down on Sunday, sending oil prices tumbling. OPEC’s de facto leader Saudi Arabia demanded that Iran, which was absent from the talks, join the global deal despite calls on Riyadh to save the agreement and help prop up…

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Sustainable Energy Saving Technology for Homes

admin

From heating to lighting your home, energy costs can be among your highest expenses if you do not make an effort to be energy efficient. The introduction of different types of energy saving technologies has enabled homeowners to enjoy long term savings and participate in environment conservation. There are a number of methods worth considering if your goals are to save energy and lower your energy costs. Top Energy Saving Technologies An energy monitor is one of the simple but effective solutions that you can use to find out which…

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