October 27, 2011 – Power Valley News

Posted on October 27, 2011 in Power Valley News

Power Valley News


Quench Downs $30M from New and Prior Investors – Citybizlist …

Oct 12, 2011 – Quench, an independent provider of filtered water coolers in North America, has closed on nearly $30 million in equity and debt financing. The financing will help support additional acquisitions and continued organic growth. Element Partners, Virgin Green Fund, Douglas Brown and other existing investors were joined by new backers ORIX Venture Finance, Advent-Morro Equity Partners, Potomac Energy Fund and The Pohlad Companies.


PURICORE PLC : PuriCore Named to Deloitte Philadelphia Fast 50 and …


MALVERN, PENNSYLVANIA, October 19, 2011 – PuriCore(LSE: PURI), the water-based clean technology company focused on developing and commercialising proprietary, green solutions that safely, effectively, and naturally kill infectious pathogens, today announced that it has been named to the Deloitte Philadelphia Fast 50 for the fourth year in a row and again to the Deloitte Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. PuriCore grew 155 percent during this period.


Air Products Collaborates with Huazhong University of Science and Technology …

MarketWatch (press release) – ?Oct 18, 2011?

LEHIGH VALLEY, Pa., Oct. 18, 2011 /PRNewswire via COMTEX/ — Air Products, a leading global industrial gases and performance materials supplier, today announced it has recently signed a Memorandum of Understanding (MOU) and a joint research and development (R&D) agreement with Huazhong University of Science and Technology (HUST) in China on clean energy.


$1.3 million awarded by GPIC hub for energy efficiency research

Penn State Live

Tuesday, October 11, 2011

PHILADELPHIA — More than $1.3 million in research funds has been allocated to seven projects aimed at improving energy efficiency from the Greater Philadelphia Innovation Cluster (GPIC). The research is expected to help move the nation toward a 50 percent reduction of energy use in buildings and to stimulate private investment and job creation in Greater Philadelphia and beyond.


ASHRAE and Penn State partner on building efficiency hub

ThomasNet Industrial News Room

October 27, 2011 – ASHRAE and Penn State University signed MOU to improve energy efficiency and reduce environmental impact of buildings through Greater Philadelphia Innovation Cluster for Energy-Efficient Buildings.


Electric Vehicle Community Readiness Project Awards

On September 8, 2011, Energy Secretary Steven Chu announced awards for 16 electric vehicle projects totaling $8.5 million. These projects in 24 states and the District of Columbia help communities prepare for plug-in electric vehicles (EVs) and charging infrastructure. Through Clean Cities’ Community Readiness and Planning for Plug-In Electric Vehicles and Charging Infrastructure awards, local public-private partnerships will collaborate to develop strategies to deploy electric vehicles.

Preparing communities to adopt EV technologies will reduce U.S. petroleum dependence and build the foundation for a clean transportation system.

Project Awardees
The project awardees range from localities experienced with EV planning to those without resources to start but eager to do so. Depending on local needs, activities may include updating permitting processes, revising codes, training emergency personnel, educating the public, and developing incentives.

Delaware Valley Regional Planning Commission Philadelphia, PA $387,698 The project will deliver a regionally-coordinated plan to address the introduction of plug-in electric drive vehicle charging infrastructure into the five counties of southeastern Pennsylvania. The project will provide strategic direction to the implementation of policies, procedures, and incentives to accelerate the deployment of EVs and EV infrastructure.


States Form Northeast Electric Vehicle Network

Environment News Service – ?Oct 21, 2011?

WASHINGTON, DC, October 21, 2011 (ENS) – Transportation, energy and environment officials from 10 northeast US states and the District of Columbia have joined forces to create the Northeast Electric Vehicle Network. Announced Wednesday, the Network was formed to foster a clean energy economy and reduce the region’s dependence on oil and its emissions of greenhouse gases and other air pollutants.


Corbett Administration Shifting Focus of Clean Energy Grants

StateImpact Pennsylvania – October 20, 2011

By Scott Detrow

Last week, the Pennsylvania Energy Development Authority handed out the first round of clean energy grants, since Republican Tom Corbett took office.



Department of Energy has awarded $2 million over three years to six universities to create a network of student “business creation competitions” aimed at funding new clean energy companies. The national initiative is part of the Obama Administration’s campaign to promote entrepreneurship called Startup America. “It will provide student participants with the skills needed to create new businesses and transform promising energy technologies from U.S. universities and national laboratories into innovative energy products that will help to create jobs, boost American competitiveness, and strengthen our economy,” says the Energy Department. The winners will receive $360,000 over three years to host regional competitions. The winners: Massachusetts Institute of Technology; University of Maryland; Clean Energy Trust of Chicago; Rice University; University of Colorado, Boulder; and California Institute of Technology.

http://energy.gov/ articles/ department- energy- awards- 2-million- national- university- clean- energy- business-challenge- jump


Study: “Green Jobs” Now Strongly Rooted in Construction & Design Sectors

Area Development Online News Desk (10/13/2011)
According to a new study by McGraw-Hill Construction, green jobs are now firmly rooted in the design and construction sectors. The report revealed that 35 percent of architects, engineers and contractors surveyed said they hold green jobs; those positions represent 661,000 jobs in the industry. That substantial share is expected to increase over the next three years, with 45 percent of all design and construction jobs expected to be green by 2014.


California tops the list for solar related jobs

Silicon Valley / San Jose Business Journal

Date: Monday, October 17, 2011, 12:16pm PDT

California continues to top the list as the national leader for solar employment with a total of 25,575 workers, according to a report released Monday from the Solar Foundation.

Here’s the breakdown of the top states for solar jobs:

  • California – 25,575 solar jobs
  • Colorado – 6,186
  • Arizona – 4,786
  • Pennsylvania – 4,703
  • New York – 4,279
  • Florida – 4,224
  • Texas – 3,346
  • Oregon – 3,346
  • New Jersey – 2,871
  • Massachusetts – 2,395


Clean Energy Project Investments Mark Strong Quarter: Report

Global wind farms and solar installations led utility-scale renewable energy projects to a strong investment total of $41.8 billion in the third quarter of 2011, according to research company Bloomberg New Energy Finance. The United States saw big investments for photovoltaic, solar thermal, and biofuel projects.

Overall, new investment in clean energy grew 9% over the previous quarter, including asset finance, equity raisings on public markets, and investments from venture capital and private equity funds. According to Bloomberg New Energy Finance, the record quarter for financial new investment remains the fourth quarter of 2010, which tallied $51.5 billion.

Analysis by Bloomberg New Energy Finance, based on contract data, shows that the average price of photovoltaic modules has fallen by a third since autumn 2010 and by 70% since the middle of 2008, while wind turbine prices have fallen by 20% since 2009. These moves have made renewable energy technologies more cost-competitive with fossil-fuel power sources.

See the Bloomberg New Energy Finance press release


Department of Energy to Invest $60 Million to Develop Innovative Concentrating Solar Power Technologies

October 25, 2011

Washington, D.C. – As part of the U.S. Department of Energy’s SunShot Initiative, Energy Secretary Steven Chu today announced a $60 million investment over 3 years for applied scientific research to advance cutting-edge Concentrating Solar Power (CSP) technologies. CSP technologies use mirrors to reflect and concentrate sunlight to produce heat, which can then be used to produce electricity

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Ben Franklin Technology Partners of Southeastern Pennsylvania


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