Weekly Review October 13-19: Alternative Energy Innovation, Investors, and Support

This week’s headlines on energy are particularly exciting: we love to learn about innovative energy technologies. Even better, we’re glad to see that they’re earning support in the markets that will benefit the most from the innovation.

GELI’s battery operating system is here” by Katie Fehrenbacher on GigaOM
GELI is leading the way in smart energy storage. The young company recently shipped orders to its first customer, the National Institute of Standards and Technology, which is a significant milestone in the company’s path to scale. The technology allows GELI-enabled batteries to be used on the power grid to manage the relationship between supply and demand. At an affordable price, this technology would vastly improve energy efficiency, and as a result access, in emerging markets.

E+Co Launches Persistent Energy Partners in Tanzania” on E+Co Blog
After some restructuring, veteran impact investor E+Co has launched its new for-profit affiliate, Persistent Energy Partners, LLC, in Tanzania. In addition to managing E+Co’s existing African portfolio, Persistent Energy Partners is also seeking to provide debt and equity investments to Tanzanian energy enterprises.

Clean/Green Technology in Africa: Setting the Stage” by Will Mutua on Afrinnovator
In a city that’s traditionally focused on mobile technology, clean technology and alternative energy is slowly making its way to the forefront in Nairobi. Will Mutua of Afrinnovator provides some clarity on clean tech and green tech and the roles the technology will play both globally and in Africa.

A startup aims to crank up solar power with efficient materials” by Ucilia Wang on GigaOM
Here at ID, we study lots of different technologies for energy and know that one of the most common challenges of alternative energy is maintaining high levels of efficiency. Malachite Technologies, a regional winner of Cleantech Open, pitched a hybrid solar cell concept that could dramatically increase the efficiency of solar cells. The ultra efficient semiconductor material that Malachite pitched will theoretically achieve 38% efficiency, a reasonable increase from the current standard of 24% efficiency. We’re looking forward to seeing how Malachite fairs in the national Cleantech Open competition.

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