gambling insider
  • Corporate Knights
  • Mad Like Tesla
  • Star Column
  • Wiki Me

Cleanbreak.ca logo

Trends, happenings and innovations in the clean technology market

Archive for March 31st, 2008

Another cellulosic ethanol play snags funding

Monday, March 31st, 2008

A Toronto-based company called Woodland Biofuels Inc. has attracted its first institutional investor, Investeco Capital Corp., which has funded $1.25 million (Canadian) of what is expected to be a $3.25 million investment. Like others in the market, including Montreal-based Enerkem, the company uses a gasification process to break down wood biomass and agricultural residue. It can also process human and animal sewage “sludge” and municipal solid organic waste. The gas is then processed through a series of catalytic reactors to produce ethanol, distillation water and steam. Investeco determined the process was “extremely efficient” and sufficiently scaleable to support Woodland’s march toward commercialization. Woodland, it should be pointed out, was recently granted $9.8 million from Sustainable Development Technology Canada toward development of a demonstration plant for its process.

More and more of these cellulosic ethanol plays are coming out of the woodwork, so to speak, suggesting that perhaps the quest for non-corn ethanol is closer — as I’ve said in past posts — than initially thought. At the very least the flurry of activity and funding is a good sign.

Share/Save/Bookmark

Posted in Main Page | Comments Off

European homes to have $5,200 fuel cell by 2010: Acumentrics

Monday, March 31st, 2008

Interesting story in the Boston Globe about Westwood, Mass.-based Acumentrics, a maker of solid-oxide fuel cells. The article states the the company is working with Italian heating products firm Merloni TermoSanitari to develop a commercial household version of its fuel cell, which would hit the European market by 2010 and cost around $5,200.

Solid oxide fuel cells run much hotter than the PEM-based cells that companies such as Ballard Power have developed. This makes SOFCs a poor option for transportation, but great for fixed applications where a relatively clean fuel like natural gas can be used on site — i.e. someone’s basement — to produce electricity, heat and hot water. The company’s CEO is quoted as saying he expects the product to be certified for a 10-year lifespan and that the payback from energy savings in Europe, where energy prices are quite higher, will be about three years. Cracking the North American market will be harder, but the company remains hopeful, citing the fact it has in recent years increased the fuel cell’s output 120-fold, cut costs 90 per cent and reduced the size by 80 per cent.

Acumentrics acquired last year the assets of Fuel Cell Technologies Ltd. in Kingston, Ontario, which became Acumentrics Canada Ltd. and is focused on R&D for the company. That office is working on the use of ammonia and paint fumes as a fuel for the Acumentrics fuel cell.

Of course, Acumentrics isn’t the only player in this game. The secretive Bloom Energy, a well-funded venture backed by Kleiner Perkins, is also pursuing the SOFC market with a technology first developed for the NASA Mars program. Sunnyvale, Calif.-based Bloom has 200 employees and is ramping up fast. It claims to be twice as efficient and have 100 per cent less emissions than conventional energy generation technologies. Curious.

Unlike fuel cells for cars, one can clearly see a path of commercialization for SOFC systems and their eventual use in homes.

Share/Save/Bookmark

Posted in Main Page | 2 Comments »

6N Silicon raises another $20 million

Monday, March 31st, 2008

Mississauga, Ontario-based startup 6N Silicon Inc. has raised up to $20 million in a second round of financing. The company’s goal is to be the lowest-cost provider of solar-grade silicon that doesn’t need to be blended with high-purity silicon. It has come up with a proprietary, low-energy process, which can be inexpensively scaled up, for upgrading standard metallurgical-grade silcon into solar grade silicon. 6N wants to be one of the industry’s leading suppliers of solar-grade silicon within three to five years.

Venture capital group Good Energies led the round, which includes previous investors Yaletown Venture Partners and Ventures West. 6N, founded less than two years ago by current president and chief technology officer Scott Nichol, raised $6 million last July and has been moving quite fast on its plans for commercial-scale production. “This is clearly an important milestone for 6N, and we are looking forward to entering our initial production phase and then ramping up aggressively from there,” said David Dunnison, vice-president of business development.

Share/Save/Bookmark

Posted in Main Page | Comments Off

  • Tyler Hamilton

    tyler Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.


    Check out my new book Mad Like Tesla: Underdog Inventors and Their Relentless Pursuit of Clean Energy, published by ECW Press.


    Follow Go2CleanBreak on Twitter

     Subscribe in a reader

    Subscribe by Email


    If you would like to inquire about speaking engagements, research and writing services, or general consulting services please contact Tyler at cleantechreporter(AT)gmail.com


  • You are currently browsing the Clean Break blog archives for the day Monday, March 31st, 2008.

  • Categories

    • biofuels (59)
    • carbon capture (31)
    • cleantech (65)
    • conservation (34)
    • education (9)
    • efficiency (74)
    • electric vehicles (85)
    • emissions (105)
    • energy storage (38)
    • Energy-From-Waste (EFW) (36)
    • events (4)
    • financing (23)
    • fuel cells (19)
    • geothermal (20)
    • green politics (81)
    • grid (35)
    • Main Page (1066)
    • nuclear (26)
    • ontario (146)
    • peak oil (16)
    • solar (108)
    • transportation (32)
    • Uncategorized (189)
    • water (25)
    • wave power (10)
    • wind (76)
  • Latest Comments

    • Ralph Perez: It might be an advantage to include a solar charging option for the battery. 1-In the form of a panel in...
    • Enoch: This is completely off subject, but I would be interested in comments regarding this article:...
    • Bruce Sharp: In spite of what I might have said recently, I don’t see our exchanges as laughable. I find your...
    • Tyler: If I didn’t understand and accept the need for objective measurement and peer-to-peer comparison, I...
    • Bruce Sharp: Tyler, With all do respect (this is admittedly a phrase used just before uttering something that might...
  • Pages

    • About
  • Archives

    • 2012
      • January
      • February
    • 2011
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2010
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2009
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2008
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2007
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2006
      • January
      • February
      • March
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December
    • 2005
      • April
      • May
      • June
      • July
      • August
      • September
      • October
      • November
      • December

Clean Break is proudly powered by WordPress
Entries (RSS) and Comments (RSS).