BOSTON — Digital Lumens announced today that deployments of its enterprise-scale Intelligent LED Lighting System span 200 million square feet (20 million square meters) of commercial and industrial space. This represents 100% installed base growth in 2014, bringing the Internet of Things (IoT) to customers around the world.
Rueil-Malmaison (France), 26 March 2015 – Schneider Electric, global specialist in energy management and automation, and Lucibel, French LED lighting specialist, announce the signature of a Memorandum of Understanding for the creation of a joint-venture company: SLMS (Schneider Lucibel Managed Services).
Rueil-Malmaison (France), 15 April 2015 – Lucibel achieved group revenues of € 7.0 million for the first quarter of 2015, increasing 16.6% compared to first quarter 2014. Growth is supported by international development that increased more than twofold over the quarter.
Paris (France) – Le chimiste belge entend être aux premières loges pour répondre aux exigences du développement durable. Ses centres de profit disposent de 80% des budgets recherche. C’est que l’innovation doit contribuer pour 30% à la croissance du résultat d’exploitation du groupe, jusqu’en 2016.
Paris (France) – Le gouvernement mettra en place cette année un amortissement fiscal destiné à encourager l’investissement desgrandes entreprises dans les start-up. L’objectif : favoriser le développement de ” l’open innovation”.
Redwood City, CA, USA – Ecofactor today announces a new offer for residential HVAC Performance Monitoring. Consumers can save thousands on repairs and energy costs by identifying HVAC system malfunctions early.
Paris (France) – Dans cette catégorie, le podium de la deuxième édition des Trophées DAF magazine regroupe Roch Vallée, CFO du groupe Ivalis sur le marché Or, Gilles Aubagnac, CFO de Lucibel pour l’Argent et Jean-Louis Terreaux, Daf d’Abilways pour le Bronze.
France – Procédés Hallier est devenue, en vingt ans, leader en France avec ses projecteurs qui illuminent les tableaux. L’entreprise familiale vient tout juste d’être rachetée par Lucibel, spécialiste français de l’éclairage LED
Rueil-Malmaison, France – Concepteur de solutions d’éclairage innovantes, Lucibel enregistre en 2013 un nouvel exercice de forte croissance avec un chiffre d’affaires consolidé de 21,5 M€, en progression de 240% par rapport à 2012. Ce développement soutenu reflète l’effet d’un marché porté par la la révolution de l’éclairage LED et de l’intégration dans le périmètre du Groupe de la société Cordel, spécialiste de l’éclairage des points de vente.
France – Lucibel, spécialiste de l’éclairage LED, réinvente l’expérience de visite des musées, galeries ou showrooms et profite du salon Light&Building à Francfort (30 mars au 4 avril 2014) pour en faire la démonstration.
Have a look at this downloadable document to discover them:
USA – Ioxus, a manufacturer of premium performance ultracapacitor technology for use in transportation, industrial and energy applications, announces they have been selected by FlexGen® Power Systems to deliver high-powered ultracapacitors for use in FlexGen’s Solid State Generator drilling products.
Have a look at this downloadable document to discover them:
We are pleased to report a successful exit from its first fund following Swiss based u-blox (SIX:UBXN) announcement of the acquisition of Swedish connectBlue ab, an established provider of industrial-grade short range wireless solutions.
Avantium, a leading technology company known for its collaborations with iconic market players such as The Coca-Cola Company and Danone, today was named by the Cleantech Group (CTG), as European Cleantech Company of the Decade.
Today Avantium announced that it has closed a financing round of €36 million ($50 million) from a consortium of iconic strategic players. This unique consortium consists of Swire Pacific, The Coca-Cola Company, DANONE, ALPLA, and existing shareholders. With this capital raise the new investors affirm their commitment to advancing PEF, Avantium’s next generation packaging material. Proceeds will be used to complete the industrial validation of PEF and finalize the engineering & design of the first commercial scale plant. As part of its strategy to use responsibly sourced plant based materials for PEF production, Avantium will validate the use of second generation feedstock.
Direct Energy Business signed a partnership agreement with BuildingIQ to offer a cloud-based software solution to Direct Energy Business customers to reduce heating, ventilation, and air conditioning (HVAC) energy costs, and to improve the carbon footprint in commercial buildings. The software uses advanced algorithms to learn a building’s patterns and to develop a model to improve the building’s HVAC energy performance.
15 juillet 2014, France – Lucibel, spécialiste des solutions d’éclairage LED (Light-Emitting Diode, ou diode électroluminescente), annonce la clôture d’un placement privé de 7,6 M€ réalisé auprès d’investisseurs qualifiés (article in French).
Ecofactor today announced third-party measurement and verification results from its deployment as the heart of NV Energy’s mPowered program, one of the country’s largest and most successful residential integrated demand side management (IDSM) programs, with more than 22,000 customers so far.
EcoFactor’s verified demand response achievements are more than twice the ones claimed by Nest and 90 times the load shed by OPower. The report also highlight energy efficiency savings twice as much as the ones claimed by Nest and 4 times the ones of OPower.
Lucibel, spécialiste français de l’éclairage LED a participé à la réalisation de SOLARIS, le premier concept de bureaux à énergie positive reproductible (BEPOS). Le bâtiment de 31 000m2 situé à Clamart (Hauts de Seine) intègre les technologies les plus innovantes en matière d’économie d’énergie : éclairage intelligent, sondes géothermiques, panneaux photovoltaïques, ventilation nocturne etc.
Amsterdam (The Netherlands) – The Commonwealth Scientific and Industrial Research Organisation RAMP center based in Melbourne (Australia) and Avantium announce today a successful first year milestone in their Advanced catalyst research on stream.
Stuttgart (Germany) – The leading gas storage operator RAG commissions ETOGAS to supply the first industrial alkaline pressure electrolyser as part of the flagship project “Underground Sun Storage”
Power-to-Gas pioneer ETOGAS GmbH from Stuttgart has won a contract to supply an pressurized alkaline electrolyser with rated electrical power input of 600kW for the production of hydrogen for energy company Rohöl- Aufsuchungs Aktiengesellschaft (RAG) from Vienna, which it will deliver in the second quarter of 2015. This advanced electrolyser system is the first of its kind on the market in terms of stack size and performance. The first plant from ETOGAS’ own gamma plant development activities will be used in the flagship project “Underground Sun Storage”, which is spearheaded by RAG and researches the storage ability of hydrogen as an admixture to natural gas in porous gas reservoirs. RAG is Austria’s longest-standing exploration and production company and is among the top five leading gas storage operators in Europe.
The first generation from the company’s own gamma plant development activities The commissioned electrolysis plant for hydrogen production is unique on the market in terms of its manufacturing process and forms part of ETOGAS’ own gamma component development activities. ETOGAS electrolyser systems in the megawatt range are optimised for grid-connected use and can be used on a “stand-alone” basis, as is the case in the current project, or in combination with ETOGAS methanation plants for the production of synthetic natural gas (SNG). ETOGAS’ proprietary technology is ideally suited to the conversion of electrical energy into hydrogen or SNG in order to store renewable electricity or to generate renewable gases with an outstanding CO2 balance, for example for mobility or heating applications. The cell electrolysis stacks used in the advanced technology developed by ETOGAS are able to achieve significantly higher performance at considerably reduced investment costs whilst still maintaining maximum efficiency and excellent dynamics. In the context of fluctuating electricity generation by renewable energies, these features are particularly attractive to overcome respective challenges of the energy market. “After the successfully completed construction and commissioning of the world’s largest power-to-gas plant for car manufacturer Audi AG, the contract to supply the first electrolysis plant from our own gamma plant development activities to RAG has enabled our company to achieve a further milestone in our corporate development,” declares Dr Karl Maria Grünauer, Managing Director of ETOGAS.
The project Under the leadership of RAG, a consortium of companies and research institutes works on the Austrian flagship project “Underground Sun Storage”. The project will entail the first-ever test to be carried out in order to examine the behaviour of renewable natural gas in former natural gas reservoirs under the admixture of hydrogen produced from surplus electricity from wind and solar plants. Innovative research requires innovative technology, which now will be provided by the advanced-technology electrolyser produced by ETOGAS and commissioned for the project. ETOGAS GmbH develops, builds and sells turnkey power-to-gas plants that can be used to convert electricity into hydrogen and/or methane (synthetic natural gas, SNG). The plants connect the electricity grid to the gas grid and in doing so, offer a solution to a central problem involved in the energy transition, namely surplus electricity that results from PV systems and wind power plants in a fluctuating manner. The P2G technology enables this surplus electricity to be transformed before being fed into the existing infrastructure of the natural gas grid, thus enabling renewable power to be stored on a long-term basis and supplied in all locations. The complete power-to-gas plants and individual methanation plants also feature chemical material processes that are interesting in the area of CO2 utilisation in technical, economic and environmental terms. The plant construction company from Stuttgart, which currently employs 20 members of staff, is the leader in the development of power-to-gas technology.
October 7, 2014 – NY Times – by Mark Scott – With new energy supplies and demand growing rapidly worldwide, companies in the United States, Europe and across the developing world are spending billions of dollars each year on new power plants, wind turbines and solar panels. Now the focus is increasingly on how to store the bonanza, so that electricity generated from the likes of renewables can be quickly pumped into a country’s energy network as demand skyrockets — say, when people return home from work.
To meet global climate change commitments, the International Energy Agency recently called on the United States, the European Union, China and India to invest a combined $380 billion in energy storage by the middle of the century. That would fund a total of 310 gigawatts of new projects, or more than 28 times what is currently expected to be built by the end of the decade.
Electric utilities, technology start-ups and research institutes worldwide are beginning to rise to the challenge. “For many companies, energy storage is seen as the holy grail,” said Logan Goldie-Scot, an analyst at the data provider Bloomberg New Energy Finance, who expects worldwide storage capacity to rise from the current 1.2 gigawatt to 11.3 gigawatts by 2020, or the equivalent of roughly 10 traditional power plants.
Despite the lofty goals, energy storage must overcome significant hurdles before it goes mainstream. Or, as Mr. Goldie-Scot put it, “A lot of the technologies still need to move beyond the proof-of-concept stage.”
Just as in the early days of renewables, when high manufacturing costs made it difficult for companies to fund solar and wind farms, many of the latest energy storage advances, including highly efficient flywheels whose stored energy can be released to produce electricity, remain up to 10 times more expensive than generating electricity from fossil fuels.
Start-ups, industrial giants like General Electric and governments are placing bets on different types of technology. That includes so-called power-to-gas storage that uses excess electricity generated from solar and wind farms to split water into hydrogen and oxygen molecules in a process that — when combined with carbon dioxide — eventually creates natural gas, which can then be used in a country’s energy network.
German energy researchers and Etogas, a Stuttgart-based start-up, recently tested a successful pilot project using the technology. And Audi opened a power-to-gas plant last year that now produces enough fuel to power 1,500 of the German automaker’s cars for the consumer market that were retrofitted to run on natural gas.
In contrast, a consortium of large industrial companies, including the German utility RWE, has spent millions of dollars over the last three years to develop a different approach that instead relies on stockpiling compressed air in vast storage tanks. When demand spikes, the air is released through turbines to generate electricity. The consortium, called Adele, expects to complete a demonstration plant in Germany as early as 2016 that will have a capacity of 90 megawatts, or roughly the equivalent of a small wind farm.
In the United States, a group of energy companies announced plans last month to spend a combined $8 billion on an energy project that would link a large wind farm in Wyoming with a compressed-air energy storage plant in Utah. The project, which is awaiting regulatory approval, would be one of the world’s largest for energy storage, and would send power through the electricity grid to customers in Southern California.
LightSail Energy, a California start-up that has received funding from Bill Gates, also is developing similar technology, though analysts say companies must still improve the efficiency of how they store energy to compete against fossil fuels.
“The key to making energy storage work is to improve the efficiency rate,” said Paul Davies, an infrastructure partner at the consulting firm PricewaterhouseCoopers in London, who says new projects, although still more expensive than traditional energy generation, can retain up to 70 percent of the stored energy compared with less than 50 percent for many existing options. “There’s a real prospect that we will achieve mass energy storage within the next decade.”
More than 95 percent of the world’s energy storage capacity is based on decades-old hydropower plants in countries like Germany, Japan and Brazil. These systems pump water uphill into large reservoirs when electricity prices are cheap, and then release the water through turbines when extra power is needed.
Yet since few locations exist to build new dams, particularly in the Western world, governments are pushing companies toward new forms of technology.
California, for example, passed laws last year demanding that energy companies build up to 1.3 gigawatts of energy storage — roughly the equivalent of a new natural gas power plant — by the end of the decade. And Germany, which is already one of the world’s most developed renewable energy markets, has budgeted 200 million euros (about $258 million) for up to 60 energy storage pilot projects.
Countries like Japan and Britain and cities like New York also are providing subsidies to jump-start interest in energy storage. That includes financial support for small-scale projects in homes where energy storage can be connected to solar panels on roofs.
Analysts say the biggest opportunity, at least in the long run, could be a technology that has been around for decades: batteries. Asian manufacturers like Samsung and Panasonic have spent years improving the efficiency of so-called lithium-ion batteries that already power smartphones, laptops and other wireless devices. Tesla Motors — considered a pioneer in electric cars — announced last month that it would build the world’s largest lithium-ion battery factory in Nevada, which would produce enough batteries to fuel 500,000 cars annually by the end of the decade.
Analysts say electricity from battery storage still costs at least double that of power from traditional energy sources. But firms are looking for opportunities.
Utilities hope that as more energy-efficient batteries flood the market, costs will fall. That is what happened when increased competition from solar panel suppliers cut the cost of producing energy from the sun by roughly two-thirds since 2008. And companies see opportunities in combining battery technology with existing renewable resources. Duke Energy, for example, added battery storage to a large wind farm in Texas last year; utilities like Enel of Italy and Hokkaido Electric Power of Japan have announced plans to use batteries in conjunction with existing renewable energy projects.
“Batteries make the most sense. They are cheap, safe and efficient,” said Sam Jaffe, an energy storage analyst at the consulting firm Navigant Research in Boulder, Colo. “And it’s a lot easier to get approval to build a warehouse full of batteries than anything that involves a smokestack.”
Amsterdam, October 9th, 2014 – Avantium has announced that it has appointed Oskar Slotboom as its Chief Commercial Officer. Oskar will be responsible for the commercialization and partnering of Avantium’s YXY technology and new development programs.
“With Oskar we further strengthen the leadership team of Avantium during a critical time where the company is transitioning to the commercialization phase of its YXY technology. He has a proven track record at developing and managing commercial partnerships, structuring commercial deals, and pursuing go-to-market strategies in an entrepreneurial environment. We look forward to his contribution to the successful growth of Avantium,” said Tom van Aken, CEO of Avantium.
Oskar previously held positions in McKinsey & Company as a management consultant and later on business development and commercial management in Crucell, before it was acquired by Johnson & Johnson. After the acquisition Oskar led Vaccines & Infectious Diseases business in Johnson & Johnson’s pharma joint venture Xian Janssen in Beijing, China. Oskar Slotboom has an MSc degree in Chemical Engineering of the University of Twente and holds a MBA from INSEAD.
Avantium was awarded as CTO of the Year Europe 2014 representing large companies and SMEs, respectively. The award ceremony took place on October 9th in Eindhoven, the Netherlands, by EIRMA and Spinverse.
CTO of the Year is an award to promote the importance of technology and innovations for Europe’s future, and especially the crucial role of technology leadership in this. It highlights outstanding technology leaders in innovative European companies: persons who are inspiring leaders, foresighted technology managers and who contribute to the development and sustainability of their industries, as well as to society at large.
The nominations included excellent candidates representing successful companies and industries: from IT start-ups to innovative food producers and world leaders in chemistry and materials. Professor Yrjö Neuvo, the chairman of the international high-level jury and former CTO of Nokia, says that “the great number of excellent nominations received reflects the request to highlight the role of leadership in technology. The jury’s task was definitely not trivial”. In their decisions, the jury considered the features of both the persons and their companies, together with the societal impact they had achieved.
Prof. Richard Parker (CBE FREng), Director of Research & Technology of Rolls-Royce plc was awarded as the winner of the large company category. The jury valued Prof. Parker’s personal leadership and long career in technology innovation, and the strong effort towards partnering to the outside world. Their view was that both Prof. Parker and Rolls Royce, a UK-based company providing power for aircraft, ships and land applications, are highly respected by all their stakeholders and have achieved great deeds. “I am amazed, very happy, privileged and deeply honoured to be the first winner of the CTO of the Year competition. Effective investment in industrial R&D is essential for European competitiveness. I am pleased that the strength of Rolls-Royce in this area is recognised by this award”, says Prof. Parker.
In the SME category, Dr. Gert-Jan Gruter, Chief Technology Officer of Avantium from the Netherlands was awarded based on his and the company’s impressive work, focus on innovation and strong partnerships combined with the future potential. Avantium is specialized in the area of advanced catalytic research, and the jury saw their green chemistry as a great European advantage. Dr. Gruter says that “I am honoured to receive this special award and I see this as recognition for the pioneering work of the entire Avantium team, who developed a number of truly disruptive technologies in the renewable chemicals space. This required focus, commitment and support from the people around me, but also from our partners and investors. This award is a fantastic stimulus as it marks the next era for our new polyester PEF, a material that is set to start a revolution in the plastics market.”
More information on the CTO of the Year award:
The European CTO (Chief Technology Officer) of the Year award is a platform to recognize the importance of technology and innovation in Europe, given to the most innovative technology leader of a highly successful European company. The award is organized by Spinverse Ltd (Innovation Consultancy) and EIRMA (the European Industry Research and Management Association), and endorsed by Robert-Jan Smits, Director-General for Research and Innovation, European Commission.
Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, Global Cleantech top 100 represents the private companies with the highest potential to make the most significant market impact. Aster Capital is proud to report that 3 of its portfolio companies were again listed this year.
Avantium also received the European Cleantech Company of the Year Award. Please read the attached PDF to learn more.
Boston, October 30, 2014 – Digital Lumens, the leader in intelligent LED lighting, today announced $23 million in funding from new investors Nokia Growth Partners, Aster Capital, and Goldman Sachs, and current investors, Flybridge Capital Partners, Black Coral Capital, and Stata Ventures. Funds will be used to scale operations, expand product development, and increase sales and marketing as the company rapidly bolsters its global footprint. (Translated versions: French, Spanish, Italian and German)
“From consumer to industrial markets, the connected world presents new opportunities for efficiency, insight, comfort, safety, and operational intelligence – all delivered via next-generation lighting systems,” said Tom Pincince, President and CEO of Digital Lumens. “Our platform gives customers the most direct access to enterprise-scale building and energy intelligence – through the lens of their lighting network. With deep roots in traditional industrial infrastructure and strong commitments to the IoT, our investors see Digital Lumens as the embodiment of the connected enterprise, and are excellent partners for our continued technology and market expansion.”
Digital Lumens develops an enterprise-scale intelligent LED lighting solution that delivers operational visibility and dramatic energy efficiency to large commercial and industrial customers worldwide. With energy savings of up to 90%, customers deploy the system to meet efficiency objectives, and to gain new levels of building intelligence. Bringing the concrete value of the Internet of Things (IoT) to business operations, the Digital Lumens system is a wireless network of intelligent LED lights that gathers sensor and power meter data for ongoing operational insight, and a broad range of building intelligence. Covering more than 100 million square feet of space across 35 countries, Digital Lumens’ Intelligent LED Lighting System leverages the Internet of Things to bring building and energy intelligence to enterprises worldwide. This approach, based on a strong patent portfolio, is driving widespread adoption, with deployments doubling year over year.
“Digital Lumens enables the connected enterprise by bringing physical objects to life through intelligence and connectivity,” said Upal Basu, Partner at Nokia Growth Partners. “The company’s focus on sensor and wireless technology and NGP’s expertise across these sectors create strong synergies for both companies. We are delighted to support them as they bring intelligence and connectivity to the rapidly growing enterprise customer base.”
“With its innovative technology and strong team, Digital Lumens has created a market-leading position in the commercial and industrial sectors,” said Julien Creuzé, Principal of Aster Capital, a VC firm sponsored by Alstom, Solvay, Schneider Electric and the European Investment Fund. “Their Intelligent Lighting solution simultaneously saves customers significant amounts of energy and unlocks valuable operational data. It is transforming the lighting and building intelligence markets.”
ETOGAS was awarded one of the most prestigious prizes in the technology industry for its innovative product idea and rapid sales growth in not only one, but two categories
Stuttgart, Germany – At a celebratory award ceremony held in the German city of Hamburg last night, the company ETOGAS GmbH, a pioneer in the Power-to-Gas technology, was presented with the Deloitte Technology Fast 50 Award in not one, but two categories: the “Special Innovation Prize”, which was presented for the first time and the “Rising Stars” category in which ETOGAS achieved an impressive second place in the ranking.
On the occasion of the twelfth presentation of the coveted award, ETOGAS convinced the jury, which was composed of experts from the technology industry, with its innovative power, strategic orientation and its ability to turn an innovative idea into measurable success. The Rising Stars category recognises companies that have particularly high sales and future potential and have also already successfully demonstrated this fact. The “Special Innovation Prize” is awarded to companies with particulary innovative business models and products that hold promise for providing benefits for society and excellent market opportunities. “As pioneers in the commercialisation of the Power-to-Gas idea, we often struggle against slow-grinding mills and are forced to spend a lot of time persuading people in order to establish this disruptive technology as a fundamental pillar of a renewable energy system. We achieved our first major milestone in 2013 with the successful completion of the construction and commissioning of the world’s largest Power-to-Gas plant on an industrial scale for the company Audi AG. The fact that we are now even able to crown this success with theRising Star award and Special Innovation Prize makes us proud and encourages us in our belief that Power-to-Gas is a technology for the future whose era is just beginning”, stated the ETOGAS Managing Partner Dr Karl Maria Grünauer, who was delighted about the award.
A successful year for ETOGAS
The award not only recognises the company’s strategy and business success, but also, and especially, its tremendous sales growth in 2013. By achieving total sales of 18.9 million euros, which represents an increase of 2949 percent compared to last year, ETOGAS achieved the best result so far in its still short company history. Best of all is the fact that it was able to generate 98 percent of this turnover from plant construction projects that have actually been implemented, in particular the e-gas plant for Audi in the German town of Werlte. ETOGAS has also managed to win a highly coveted contract in 2014 by being selected to supply the Austrian oil and gas company Rohöl-Aufsuchungsgesellschaft (RAG) with its newly developed hydrogen generator, which is far superior to existing technology and will be used for the RAG’s flagship project of storing solar energy underground. This contract is a further proof of the innovative power of ETOGAS and the importance of the topic.
19 November 2014 – Iceotope, the British-based sustainable IT cooling provider, has today announced the launch of PetaGen, a best-in-breed liquid cooling system – a design for High Performance Computing (HPC) and suitable for Supercomputing and data centre facilities. PetaGen is a full production Total Liquid Cooling solution that improves IT performance, energy efficiency and density, whilst reducing Total Cost of Ownership and data centre complexity. PetaGen was developed in partnership with Intel to cool its latest processor chips, something which many other liquid cooling platforms have failed to do due to the considerable heat output of top-end IT components.
Short for ‘Peta-Generation’, PetaGen was named in reference to petascale computing, a term encompassing the current generation of the world’s fastest supercomputer systems. In PetaGen, Iceotope has developed a system that:
Uses minimal energy resources –In a traditional data centre, cooling can account for as much as half of energy used but with Iceotope technology the overheads are merely two percent, cutting data centre energy use and carbon emissions considerably
Has zero dependence on clean water – IT’s use of dwindling clean water supplies is a significant and growing problem but, unlike most IT server designs, PetaGen does not need to evaporate or waste clean water
Streamlines needlessly bloated and expensive data centre facilities – To compliment the rows upon rows of servers, most data centres need raised floors, computer room air conditioning (CRAC) units, air filters, generators, backup batteries/ UPS, external coolers etc. PetaGen equipped facilities on the other hand have a dramatically reduced infrastructure footprint, saving huge amounts on infrastructure costs
Improves IT performance – PetaGen increases IT performance per watt through effectively cooling components and enabling the reliable and efficient use of turbo modes, further reducing energy usage and expenditure
PetaGen is a fully contained and fully sealed liquid cooling system that immerses electronics in a sophisticated, non-conductive, engineered fluid. Without any spinning fans, PetaGen units are virtually silent in operation and can also be deployed in populated labs and offices. It is within such spaces that the possibility of heat re-use becomes increasingly valuable. PetaGen creates waste heat in the form of hot water, and allowing input temperatures of up to 45C (113F) which enables coolants so hot that they can be used in a variety of applications close to the IT deployment, such as heating buildings.
Furthermore, PetaGen can, unlike many liquid-cooled systems can cool top-end processor chips. This enables Iceotope customers to take advantage of incredibly powerful computing resources – the kind needed to support the use of big data analytics and cloud computing.
“Some of these top-end chips are, for a lack of a better word, ‘un-coolable’ for other liquid cooling systems,” said Peter Hopton, Iceotope founder and Chief Visionary Officer (CVO). “Given the excessive heat involved at the high end of computing, most liquid cooled systems can only handle mid-low density IT, the kind which simply isn’t suitable or used by the most advanced HPC or data centre facilities – we’re looking to put a stop to that with PetaGen.”
The results are equally impressive when comparing PetaGen to traditional air cooled IT environments, especially in terms of IT density. Normal air cooled facilities operate at up to 2.6kW per sq metre and require large quantities of both internal and external supporting infrastructure. Iceotope’s patented technology increases density by fitting in more devices, reducing IT infrastructure and increasing IT performance. Iceotope’s PetaGen is available in various cabinet sizes, supports up to 72 blade servers per cabinet, up to 60kW of power and cooling and its modular design also decreases the amount floor space needed, typically offering 7.4kW-14kW of IT per sq metre.
“PetaGen was designed to eliminate waste from IT and our new system has the capacity to help solve some serious problems caused by and facing the digital economy today,” added Hopton. “I believe that IT is a massive force for good, don’t get me wrong. However, most people don’t realise that modern IT use along with today’s ‘always-on, always connected’ culture is hugely damaging in terms of its environmental impact. We need to revaluate how we use IT now and how we design, build and operate the data centre should be a top priority.”
About Iceotope Iceotope is a liquid cooling technology company specialising in Total Liquid Cooling for High Performance Computing (HPC) and suitable for Supercomputing and data centre facilities. Based in Sheffield, England and backed by strategic venture capital, Iceotope’s corporate Investors include; Investments Partners, OMBU Group and Aster Capital; a strategic investor representing Schneider Electric, Alstom, Solvay and the European Investment Fund through the Competitiveness and Innovation Framework Programme.
Iceotope’s patented technology offers high density IT with reduced energy consumption and improved performance per watt. Iceotope systems have no fans, run virtually silently and enable high performance compute to be positioned within office, data centre and even hostile environments.
Iceotope’s has established partnerships with Intel, 3M, Solvay and Leeds University.
Media contacts Mike Marquiss or Richard Scarlett 0207 401 7968 IceotopeTeam@johnsonking.co.uk
December 11, 2014 –Grenoble, France, and Dallas, TX, USA – True to its reputation as a pioneer in special processes, Tronics is capitalizing on the growing number of submicronic MEMS devices opportunities to expand its equipment and process base.
December 22, 2014 – The smart grid is the focus of thinking on energy supply and distribution in smart cities. An explanation of how these intelligent distribution networks are managed with Laurent Schmitt (Alstom Grid).
San Francisco (USA) – BuildingIQ, Inc., a leading building energy management software company with a mission to redefine the way energy is managed in commercial buildings, today announced another significant milestone with the closing of $9 million in venture funding. Leading financial and strategic investors include Aster Capital (backed by Schneider Electric, Alstom and Solvay), the Venture Capital unit of Siemens Financial Services (SFS VC) and Paladin Capital. The funding will be used to accelerate growth and execute energy efficiency projects for a growing pipeline of commercial buildings in North America and Australasia. In a recent report by Pike Research (2012), BuildingIQ was described as “one of the leading vendors for Energy Management Systems in the smart buildings market today.”
Stuttgart (Germany) – Audi is building a plant that will use solar and wind power to make methane from water and carbon dioxide. The plant, which will use technology developed by Stuttgart, Germany-based SolarFuel, is scheduled to start operation later this year. It will produce enough methane to power 1,500 of Audi’s new natural-gas vehicles, which also go on sale this year.
Amsterdam (The Netherlands) – Avantium announced the appointment of Jonathan Wolfson to its Supervisory Board. Jonathan Wolfson is Chief Executive Officer and co-founder of Solazyme. Solazyme is a leading industrial biotechnology company producing renewable oil and bioproducts from microalgae for fuels, chemicals, nutrition and personal care products. Solazyme (SZYM) is a US stock listed company at NASDAQ. Mr. Wolfson and Solazyme have received numerous awards for their technology pioneering role in the industrial biotechnology industry. Mr. Wolfson holds J.D. and M.B.A. degrees from the NYU School of Law and the NYU Stern School of Business.
Paris (France) – De jeunes pousses à la pointe de la technologie savent transformer le marc de café… en bûches pour nos cheminées! D’autres fiabilisent la production des énergies renouvelables grâce au stockage sous forme de méthane ou d’hydrogène solide.
Grenoble (France) – Early in their partnership, Tronics developed reliable production processes based on CEA-Leti SOI MEMS technology and established a solid MEMS supply chain that continues to be profitable today. Building on that success, Tronics recently launched a new large-scale project to industrialize CEA-Leti’s breakthrough M&NEMS (Micro and Nano Electro-Mechanical Systems) technology. This technology is based on piezoresistive nanowires rather than pure capacitive detection, and is poised to be a real leap forward in terms of device performance and chip size. This project, which is solidly funded and well underway, sets the stage for a new generation of combo sensors for motion sensing applications.
Rueil-Malmaison (France) – Chez Lucibel, tous les salariés mais aussi les partenaires (avocat, agence de communication) sontassociés au capital. Pour lever des fonds, Frédéric Granotier a toujours privilégié le «friend & family» et les entrepreneurs physiques. Ce n’est qu’au deuxième trimestre 2012 qu’il a signé avec Aster Capital, un fonds d’investissement créé par Schneider Electric.
Paris (France) – Aster Capital, the European venture capital firm sponsored by Alstom, Solvay, Schneider Electric, and the European Investment Fund, announced today a USD 3 million investment in Atlantium Technologies LTD, the Israeli world-leader in UltraViolet (UV) water treatment systems. This investment is part of a USD 9 million financing round which includes Aeris Capital A.G. (Switzerland) along with the current investor Mr Benjamin Kahn. Atlantium will use the proceeds of this financing round to accelerate the development of its new product focusing on the Ballast Water treatment and to step up market development in Power Generation, Advanced Oxidation – a process for removing biologically toxic or non-degradable materials – as well as in upstream Oil & Gas where a huge market opportunity is emerging in the treatment of water-flows associated with shale-gas exploration.
Paris (France) – EnerSys, the global leader in stored energy solutions for industrial applications, and Ioxus Inc., a leading manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, have entered a joint product development and marketing agreement.
Paris (France) – FibeRio, the developer and manufacturer of ground breaking Forcespinning® nanofiber production systems today announced it has completed a $13M capital raise led by two global strategic investors – SABIC Ventures B.V., Saudi Basic Industries Corporation’s corporate venture capital arm, and Aster Capital Partners, sponsored by Solvay, Schneider Electric, Alstom and the European Investment Fund. The funding will be used to accelerate the company’s commercial growth, introduce larger scale production systems to the market and execute on a growing pipeline of orders and global opportunities with industry leading customers.
Rueil-Malmaison (France) – La société Lucibel, fondée en 2008 et spécialisée dans la conception et la commercialisation de solutions d’éclairage LED (Light Emitting Diod) en France et à l’international, annonce avoir clôturé avec succès une nouvelle augmentation de capital. Le montant des souscriptions a été arrêté à 4,6 M€, excédant de 15% l’objectif initial de 4,0 M€. De nombreuses demandes de souscriptions n’ont ainsi pu être satisfaites.
Rueil-Malmaison (France) – Lucibel, le spécialiste français de l’éclairage LED, annonce l’acquisition de 100% des titres de la société Cordel. Fondée en 1996, Cordel est la seule entreprise européenne spécialisée dans l’éclairage des points de vente. La société occupe une place de leader sur ce segment de marché en France. Avec cette acquisition, Lucibel place le « shop lighting » au cœur de sa stratégie de développement.
Jiashan (Chine) – ReneSola, a leading global manufacturer of solar photovoltaic modules and wafers, today announced that it has signed a toll manufacturing agreement with Solairedirect, a global pioneer of competitive solar power, to produce 120 megawatts of solar modules in South Africa.
Paris (France) – Solairedirect et Schneider Electric ont mis en service un double parc solaire de 15 MW à Pokoran dans l’Etat du Rajasthan (Inde). Cette réalisation illustre la capacité d’entreprises françaises à travailler en équipe pour mettre en oeuvre des projets exemplaires dans les régions les plus prometteuses du monde.
Grenoble (France) and Dallas (Texas) – Tronics’ traditional high performance inertial MEMS manufacturing business expanded significantly in both Europe and Asia. This growth was driven not only by the better economic conditions, but also by Tronics’ growing reputation as a key player in the field.
San Francisco (US) – BuildingIQ, a leading energy management software company, today announced that it has been named winner of the 2013 Bloomberg New Energy Pioneers Award, produced by Bloomberg New Energy Finance. Selected for its cloud-based predictive energy optimization technology, BuildingIQ’s software reduces HVAC energy use in commercial buildings by as much as 25 percent by monitoring and adjusting the system based on variables such as weather, occupancy, demand response signals and utility tariffs. Chosen from hundreds of companies, BuildingIQ’s energy management software was among Bloomberg’s top global innovations this year. BuildingIQ was recognized on stage at the sixth annual Bloomberg New Energy Finance Summit in New York City.
Stuttgart (Germany) – SolarFuel GmbH has changed its name. From now on, the Stuttgart-based plant manufacturer acts as ETOGAS GmbH. The new company name is designed to provide a better reflection of the company’s activities.
Amsterdam (The Netherlands) – Avantium, a renewable chemicals company, and ALPLA Werke Alwin Lehner GmbH, one of the world’s leading plastic converters, today announced their Joint Development Agreement for the development of PEF bottles. After The Coca-Cola Company and Danone, ALPLA is the third company to collaborate with Avantium on PEF, a bioplastic based on Avantium’s proprietary YXY technology. The goal of these collaborations is to bring 100% biobased PEF bottles to the market by 2016.
Paris (France) – Durant 15 jours et face à 237 produits innovants présélectionnés, 2 462 prescripteurs ont voté et départagé les innovations présentées. Après plus de 80 000 votes, Le LUCIPANEL de Lucibel est lauréat du Palmarès catégorie « Matériaux innovants – Bureau, Tertiaire / Eclairage de bureaux »
Silicon Valley (US) – Friends and family often ask if I want to become a venture capitalist. After all, I know the business after covering it for more than a decade, and the pay is infinitely better. But the truth is that I enjoy journalism too much, and couldn’t stomach having to regularly crush the dreams of aspiring entrepreneurs. So no, I tell them, I’m good.
Rueil-Malmaison (France) – Lucibel a poursuivi au premier semestre 2013 sa trajectoire de croissance en enregistrant un chiffre d’affaires combiné (non audité) de 9,2 M€. Une progression de 285% par rapport au premier semestre 2012 (2,4 M€) due aux nouvelles activités récemment intégrées et au dynamisme de ses différents segments de marché.
Grenoble (France) and Dallas (USA) – After 15 years in the business, Tronics has sold more than one million high performance inertial MEMS sensors. A significant number in markets where yearly volumes are typically in the thousands.
Taking advantage of heritage and strategic partnerships, Ioxus brings experienced and flexible manufacturing capabilities to the clean tech industry by manufacturing ultracapacitors and hybrid capacitor business. Ioxus products are used in hybrid vehicles, wind turbines, LED lighting, and medical applications. Ioxus pairs industry leading manufacturing expertise with extensive engineering resources to bring some of the best products in the world to the market.
California (Redwood City) – EcoFactor, the leader in cloud-based home energy services, announced today that it has closed $10 million in its Series B financing round with NRG Energy, Inc. (NYSE:NRG) as a new investor joining Claremont Creek Ventures, RockPort Capital Partners, and Aster Capital. The investment will go towards the development of new services, enhancing EcoFactor’s award- winning home energy service, and expanding its engineering and sales staff.
Mount Laurel (USA) – Agilence,Inc., the leading provider of cloud-based exception reporting solutions, today announced that Spencer Gifts, LLC will deploy Retail 20/20 exception-based reporting to replace Navistor wich has reached end-of-life. Spencer’s evaluated multiple software solutions before choosing Retail 20/20. Spencer Gifts, LLC operates over 600 permanent Spencer Gifts locations and over 1000 seasonal Spirit Halloween locations.
Amsterdam (The Netherlands) -Avantium has made another breakthrough with its PEF (or polyethylene furanoate). It has demonstrated that PEF can also be used to make fibers, and even that PEF bottles can be recycled into PEF fibers. These PEF fibers from recycled PEF bottles have been processed into 100% biobased T-shirts.
San Francisco (USA) and Grenoble (France)– Cryptography Research, a division of Rambus Inc. (NASDAQ:RMBS) and Tiempo today announced they have signed an architecture license agreement allowing for the use of Cryptography Research’s patented security inventions in Tiempo’s integrated circuits.
Germany (Dusseldorf) – Today at the start of the K-show, Wifag-Polytype and Avantium announced their agreement to collaborate on thermoformed products from 100% biobased PEF. This collaboration will be complementary to collaborations Avantium has in place with The Coca-Cola Company, Danone and ALPLA. Both parties are excited about the market opportunity of PEF in the novel application area of thermoforming of cups, containers and trays, which are used today for the packaging of food products like meats, nuts, or dairy products like cheese and yoghurt.
Jerusalem (Israel) – The visit of French President François Hollande and a senior business delegation this week is indicative of France’s interest in investing in Israeli technologies. Part of the official delegation, Managing Partner of Aster Capital Jean-Marc Bally is interviewed on Israeli start-ups’ potential.
France – Elles ont suscité l’engouement dans les années de bulle, mais ont du mal à se remettre des effets combinés de la crise et de la fin des subventions. Les entreprises des énergies vertes ont besoin du soutien des investisseurs pour se développer. Et de celui des pouvoirs publics. Analyse de Jean-Marc Bally à la lumière du portefeuille d’Aster Capital. (article in french)
Rueil-Malmaison (France) – La société Lucibel, fondée en 2008 et spécialisée dans la conception et la commercialisation de solutions d’éclairage LED (Light Emitting Diod) en France et à l’international, annonce avoir finalisé un financement de 15 M€ principalement auprès de Bpifrance, Aster Capital et CM CIC Capital Innovation.
Oneonta (NY) – Ioxus, a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced its new iCAP™ 3,000 Farad (F) ultracapacitor, the first size in a new family of cell products. Ioxus iCAP ultracapacitors represent the lowest weight, lowest equivalent series resistance (ESR) and highest power density available in the market for energy storage cells. With the widespread availability of Ioxus iCAP ultracapacitor cells, manufacturers gain unmatched durability and adaptability to support a wide array of applications.
Paris (France) and Amsterdam (the Netherlands) – Rhodia, member of the Solvay Group, and Avantium announced today that they have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications.
Oneonta (NY) – Ioxus, a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced it is providing ultracapacitors for pitch control and main control systems independently researched and developed by REenergy Electric (Suzhou) Co., Ltd., a manufacturer of wind turbine power control systems in Suzhou, China. This effort helps meet the wind power generation development requirement in China toward large power and offshore wind turbines.
Oneonta (NY) – Ioxus, a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced it has acquired Power Systems, Ltd., a Japanese manufacturer of flexible, slim-pack electric double layer capacitors (EDLCs) with an extensive customer base in the Asia-Pacific region. With Power Systems’ proprietary high-power flat cell design, Ioxus gains the technological building blocks for creating flexible ultracapacitor energy storage solutions for a variety of applications.
Amsterdam (The Netherlands) – Avantium announced its second major partnership for its YXY technology to produce PEF bottles. Danone Research and Avantium have entered into a Joint Development Agreement for the development of PEF bottles for Danone, number two worldwide in bottled water business.
Oneonta (NY) – Ioxus, a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced that Nick Cataldo, who has extensive experience growing revenue for cleantech companies, has joined the company as senior vice president of global sales and marketing. In his new role, Cataldo will be responsible for expanding the adoption of Ioxus ultracapacitors in markets worldwide.
Grenoble (France) – Tiempo, a leading provider of innovative clockless technology for the design of advanced integrated circuits, working closely with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronic applications and a world leader in advanced processes, today announced the first fully clockless circuit in 32nm. The chip was fabricated as firsttime-right silicon, with all chip samples 100% functional.
Paris (France) – Aster Capital announced today a €1.5m investment in Lucibel to accelerate its market penetration and open partnership opportunities with Aster’s industrial sponsors (Alstom, Schneider Electric and Solvay). Lucibel develops and markets energy efficient, low maintenance and high quality LED products and solutions for commercial and public buildings. Lucibel’s products are designed in France and manufactured in its own factory in Shenzhen. Lucibel is based in Paris, France and was created in 2008. (article in French)
Paris (France) – Aster Capital announced today a €1.5m investment in Lucibel to accelerate its market penetration and open partnership opportunities with Aster’s industrial sponsors (Alstom, Schneider Electric and Solvay). (article in French)
Oneonta (NY) – Ioxus, a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced it is offering thin cell ultracapacitors modules designs worldwide for power conditioning and automated guided vehicle (AGV) applications. Ioxus THiNCAP™ iMOD™ modules consist of high power, thin, flexible ultracapacitor packs, instead of cylindrical cells, making them ideal for a variety of applications where small form factor is valued. The THiNCAP iMOD modules save space and weight, benefiting users with a reduced total cost of ownership as compared to batteries with longer life, higher cycle count, wider operational temperature range and reduced maintenance requirements.
Cassidian CyberSecurity has signed an agreement to acquire 100 percent of Netasq, leading expert and pioneer in the IT security market. Netasq employs a workforce of more than 120 people. Closing of the acquisition is subject to customary regulatory approvals for such type of transactions.
Aster is delighted to announce that 3 start-ups of its portfolio were named in the prestigious 2012 Global Cleantech 100 produced by Cleantech Group, a leading research firm focused on global cleantech innovation. We are very happy to record that Solairedirect, Avantium and Ioxus have been listed for the second or third year in a row. We are especially delighted that we have two out of the first four investments of our latest fund Aster II that won this award, which we hope is very promising for the future.
Stuttgart (Germany) – Aster Capital, the European venture capital firm sponsored by Alstom, Solvay Rhodia and Schneider Electric, announced today a EUR 4 million investment in SolarFuel GmbH, the world-leader in carbon-neutral electricity-to-synthetic-gas conversion systems. This investment is part of a EUR 7.5 million financing round which includes Ventrex Automotive GmbH (Austria) along with private investors. SolarFuel will use the proceeds of this financing round to accelerate the development of its proprietary electrolysis and gasification technologies as well as to step up market development in Germany and elsewhere.
Redwood City (USA) – EcoFactor®, a leading residential energy management service provider, today announced the closing of $8 million in venture funding. The latest round includes funding from new investor Aster Capital, and additional financing from Claremont Creek Ventures and RockPort Capital Partners.
October 16, 2012, Amsterdam (The Netherlands) and Houston (Texas) – CRI Catalyst Company LP (“CRI”), a wholly owned subsidiary of the Royal Dutch Shell Group of Companies, and Avantium announce the collaborative relationship relating to ethylene oxide (EO) catalyst development. The collaboration follows the success of the joint research effort which began in 2006, focusing on the discovery and development of new catalyst families. The collaboration is a combination of contract research services at the laboratories of Avantium in Amsterdam in addition to the provision of multiple Flowrence™ parallel fixed bed reactor systems at CRI’s research laboratory in Houston.
Grenoble (France) and Dallas (Texas) – Tronics has been active in the design and manufacture of high performance MEMS gyros for more than 10 years. It is a natural move for the company to take advantage of its know-how and launch its own product in a segment of the gyro market that is currently under-served and typically does not warrant custom development.
Tronics’ new GYPRO2300 was designed for applications in industrial, aerospace, and military markets, which require much higher performance than automotive, without being as demanding as “tactical grade” applications. It is the first in a family of gyros that Tronics intends to position at the forefront of MEMS-based gyro performance.
Paris (France) – Un nouveau modèle émerge dans l’univers du capital risque. Le fonds géré par Aster Capital et sponsorisé par les industriels Schneider Electric, Alstom et Solvay s’ouvre à un nouvel investisseur, institutionnel cette fois : le Fonds européen d’investissement (FEI).
Rueil-Malmaison (France) – The President of the French Republic, François Hollande, met Lucibel teams and discovered its products and technology during a visit at the company’s headquarters in Rueil-Malmaison (92) on Thursday, November 29. He held an open and constructive discussion with the employees and the Management which led to the launch of a new government project aiming at improving employees’ shareholding regulation.
Paris (France) – En investissant dans des start-up, les fonds qui appartiennent aux grandes entreprises détectent et se familiarisent non seulement avec les technologies innovantes, mais aussi avec leurs nouveaux modèles économiques. Outre le financement, les jeunes pousses profitent aussi de l’expertise de ces grands groupes.
Paris (France) – Rhodia announces the acquisition of an interest in Aster II, the venture capital fund targeting innovative technology start-ups, launched in 2010 by Schneider Electric and Alstom. This fund, specifically focused on energy, advanced materials and environment sectors, should eventually raise 120 to 150 M€.
This investment is fully aligned with Rhodia’s open innovation approach, which aims to reinforce the development of ambitious and growth generating breakthrough projects.
Joining forces in this novel multi-corporate venture capital fund, the three sponsors – Rhodia, Alstom and Schneider Electric – will actively promote the development of young and innovative companies. Their expertise will guarantee the relevance of technologies and markets to receive investment.. Companies in the fund’s portfolio will have access to the global network of each of the three partners.
Paris (France) – Aster Capital today announces Rhodia’s acquisition of an interest in Aster II, the venture capital fund targeting innovative technology start-ups. This fund, specifically focused on energy, advanced materials and environment sectors, should eventually raise 120 to 150 € millions.
Joining forces in this novel multi-corporate venture capital fund, the three sponsors – Alstom, Rhodia and Schneider Electric – will actively promote the development of young and innovative companies. By fostering cooperation and partnerships, it will guarantee the relevance of technologies and markets assessed to investors. Companies in the fund’s portfolio will also have access to the global network of each of the three partners.
La tendance aux fonds d’investissement industriels illustre la stratégie des grands groupes pour ouvrir leur innovation.
Seul fonds multi-actionnaires, Aster Capital est le plus financier de tous. Créé en 2000 par Schneider Electric – rejoint par Alstom et par Rhodia – il gère deux fonds de capital-risque et d’amorçage pour un total de 135 millions d’euros. La valeur de son premier fonds a déjà été multipliée par deux.
Oneonta (NY) – Ioxus, Inc., a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced that it has received a total of $21 million from Energy Technology Ventures (a GE-NRG Energy-ConocoPhillips joint venture), Northwater Capital through its Northwater Intellectual Property fund, Aster Capital (representing Alstom, Schneider Electric and Rhodia) and return investor Braemar Energy Ventures. Ioxus will use this funding to develop its technology and expand sales, marketing and manufacturing to meet the growing demand for ultracapacitors.
Amsterdam (The Netherlands) – Avantium has announced that it has successfully raised EUR 30 million to advance its breakthrough YXY technology for green building blocks. Avantium will use the funds for the construction and operation of its pilot plant in Geleen, the Netherlands, and for the development of green materials on basis of these YXY building blocks. Avantium has completed a EUR 25 million financing round with new investors Sofinnova Partners, Aster Capital and De Hoge Dennen as well as existing investors Aescap Venture, Capricorn Cleantech Fund, ING Corporate Investments and Navitas Capital. In addition, Avantium has secured a subsidy and innovation credit, in total EUR 5 million, from the Dutch Ministry of Economy, Agriculture and Innovation (EL&I).
Site to House Growing Staff, State-of-the-art Manufacturing Facility
Portfolio company Ioxus, Inc., a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, held the official grand opening of its facility in the former National Soccer Hall of Fame in Oneonta, N.Y., on Thursday, July 21. The company’s new headquarters, which includes a state-of-the-art ultracapacitor manufacturing facility, will house Ioxus’ growing staff as it prepares to meet the needs of the worldwide cleantech market.
Grenoble (France) – Tronics, one of the leading international MEMS foundries, is expanding its headquarters and manufacturing facilities in Grenoble. After 14 years of operations, and several recent significant investments in the US, this is an important milestone in the growth of the company.
Aster is delighted to announce that 4 start-ups of its portfolio were named in the prestigious 2011 Global Cleantech 100 produced by Cleantech Group, a leading research firm focused on global cleantech innovation. We are very happy to record that both Avantium and O-Flexx have been listed for the second year in a row. Solairedirect is a re-entry from 2009 and Ioxus is a new entrant. We are especially delighted that we have two out of the first three investments of our latest fund Aster II that won this award, which we hope is very promising for the future.
Paris (France) – Rhodia today announced that the 12,000 square meters of photovoltaic panels fitted to the roof of its facility near Lyon have now been brought into active service. This ambitious project was carried out in partnership with Solairedirect, one of the leading French producers of photovoltaic electricity, and the OFI Asset Management firm.
Oneonta (NY) – Ioxus, Inc., a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced the unveiling of its first 16V/58F iMOD series of ultracapacitor modules that provides the high performance, high efficiency and high reliability the energy storage market needs as it continues to grow.
Amsterdam, the Netherlands – Avantium today announced an agreement with The Coca-Cola Company to further co-develop Avantium’s YXY technology. The objective is to make biobased plastic PEF a suitable alternative for future beverage packaging. First milestones include the start-up of an Avantium PEF pilot plant, officially opened on December 8th in Geleen, the Netherlands.
O-Flexx Technologies GmbH has announced the successful closing of a € 6.7 million extended Series A round of financing. New capital provider SET Venture Partners joins existing investors to fund the commercial roll-out of O-Flexx Technologies’ highefficient, low-cost thermo-electric elements.
connectBlue, the innovative and market leading provider of wireless industrial solutions, today announced that it has received a new order from Schneider Electric, the global specialist in energy management. The order, valued at EUR 350K, encompasses the development of a Wireless Energy Efficiency System based on the IEEE 802.15.4 / ZigBee technology.
Todd Dauphinais Joins Fund To Lead North American Efforts
Aster Capital, a leading European Cleantech Venture Capital Firm announced today that Todd Dauphinais has joined the firm as an Investment Partner, responsible for leading the firms’ expansion in North America. Mr. Dauphinais will oversee the selection and opening of the firm’s North American offices and lead the firm’s investment efforts in the region.
BALTIMORE – Constellation Energy (NYSE: CEG) today announced it has signed an agreement to acquire CPower, a leading energy management and demand response provider managing approximately 850 megawatts of demand response capacity that can be dispatched in energy markets throughout North America. The transaction would expand Constellation Energy’s total demand response capacity to 1,500 megawatts, and both strengthen and complement the company’s position as a leader in competitive electricity and natural gas supply.
CPower and O-Flexx Technologies have been listed in the prestigious 2010 Global Cleantech 100, produced by the Cleantech Group, providers of leading global market research, events and advisory services for the cleantech industry.The Global Cleantech 100 is unique in as much as it highlights the most promising private clean technology companies from all around the world, those companies which are the most likely to make the most significant market impact over the next 5-10 years, in the eyes of the world’s cleantech experts.
4,616 nominations were received from 3,260 unique sources, giving a long list of 3,138 companies drawn from 50 countries. 218 companies were presented to the expert panel for final input. The end result was 100 companies from 14 countries.The full list of Global Cleantech 100 firms is available online, on the websites of the Guardian.
Power Integrations today announced a strategic investment in SemiSouth Laboratories, Inc., a Mississippi-based manufacturer of high-voltage silicon-carbide (SiC) semiconductor devices. Power Integrations’ commitment of $30 million, which includes an equity investment in SemiSouth, a technology license and other financial commitments, will help drive the continued expansion of SemiSouth’s SiC fabrication facility and spur continued growth of clean-tech jobs in Mississippi. The companies will collaborate to drive adoption of SemiSouth’s SiC technology, which enables ultra-efficient power conversion for solar and wind inverters, hybrid/electric vehicles and other applications that benefit from exceptionally high energy efficiency.