Science is the cleantech. Well, sort of. My thoughts on the evolving way for VCs to fund tough problems.
More efficient power electronics might not be all that sexy. But a startup is scaling up the process to make next-generation power conversion a reality.
Fjord IT opens its first data center space in Oslo and is banking on a air cooling technology and cheap hydropower to attract European customers who want low-carbon cloud services.
A startup that makes more efficient power conversion devices has raised money from, and partnered with, a group of Japanese electronics giants. Transphorm is a venture-backed startup and its move is a symbol of the growing importance of corporate partners as well as overseas investors in cleantech.
Do recent struggles dominating the news represent the beginning of the end for green technology? Nah, it looks like business as usual for Silicon Valley. Only one in ten start-ups ever make it, VCs like to say, and failure makes you stronger.
Power electronics that can boost energy production from solar panels has emerged in recent years as a favorite among venture capital investors. On Monday, that trend continues with the announcement that an Israeli startup, SolarEdge, has raised $37 million from VCs.
Figuring out ways to convert solar power efficiently is attracting a lot of public and private dollars these days. Google-backed Transphorm is teaming up with another startup, Enphase Energy, to develop a device using a novel material with financial support from Department of Energy’s ARPA-E.
Using radio waves to efficiently convert solar power — that’s the idea behind startup Array Converter, which spoke for one of the first times this week at the AlwaysOn GoingGreen conference in San Francisco.
It’s been hard to avoid the elephant in the room at the fourth annual National Clean Energy Summit. While the clean energy industry was eager to talk about the latest cleantech breakthroughs, the reality is that the industry is facing a difficult near-term funding future.
Data centers might not be the energy hogs anticipated in 2010, but they’re still offering a growing market for both energy efficiency technology and clean power.