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|AC-NET Selects Semifinalists for 2010 Clean Tech Business Plan Competition - Ten teams to present for a spot in the finals and compete for a total of $40,000 in cash prizes|
ANAHEIM, CA - (May 20, 2010) - Ten semifinalist teams in AC-NET’s 2010 Clean Tech Business Plan Competition have advanced and will compete for the opportunity to be a top finalist and to win a total of $40,000 in cash prizes. The semifinalist teams will make their presentations on Thursday, May 21 from 1 – 5 p.m. at the Gordon Hoyt Conference Room of Anaheim West Tower (201 S. Anaheim Blvd.) before a panel of distinguished judges from the venture capital, clean tech, utility, and academic communities. Five semifinalists will advance to the final competition, taking place at the Clean Technology Conference and Expo at the Anaheim Convention Center in Anaheim on June 23.
The AC-NET competition, now in its second year, seeks out the most promising market-ready, clean tech products and services that offer solutions to shortages in southern California’s energy and water supplies. The semifinalists will present ideas which will lead to greater conservation, efficiency and environmental protection.
“We have a strong and promising field that embodies the best of innovation and entrepreneurship in the clean tech field,” said City of Anaheim Mayor Curt Pringle. “I look forward to a spirited competition that will reveal the companies ready to claim AC-NET’s top prizes and propel themselves toward further success.”
Participation In the 2010 competition rose by more than 20% in comparison to 2009’s competition. In addition, applicants from Georgia, Illinois, New York, Pennsylvania and Texas have made it to the semifinal round.
Emerging from this year’s highly competitive field to earn a spot in the semifinals are Advanced Hydro, E3 Greentech Enterprises, EcoCover, Electron Warehouse, Ener-G-Rotors, Flex Energy, HE System Technologies, Pace Controls, Prism Solar, and Sierra Wave. Additional detail on the semifinalists is provided at the end of this release.
In addition to the cash prizes, a strong competition performance helps these emerging companies position their products closer to market acceptance. In fact, for AC-NET’s top three finishers from 2009, Hadronex, Enovative, and Ecogate, the competition has led to pilot tests in Anaheim or adoption by Anaheim’s electric and water customers.
The public is welcome to attend the May 20 presentations. To learn more about AC-NET, including sponsorship opportunities for the 2010 competition, please go to www.acnet-anaheim.net .
E3 Greentech Enterprises is a green energy technology services company operating a fully hosted, web-enabled, service solution which, through bundling energy technology with information technology, delivers significant reductions in energy consumption, peak demand, carbon emissions, and energy costs in residential and commercial buildings. E3’s “cloud” services platform uses adaptive software and techniques capable of learning and dynamically optimizing energy use to match the changing patterns of consumer behavior. Together with E3’s Home Energy Management System (HEMS), the E3 enterprise assesses the performance of HVAC systems and appliances taking action automatically, in the background, to optimize energy performance.
EcoCover (www.ecocover.com) utilizes recycled office paper and turns it into organic mulch that replaces plastic in agricultural, landscaping, forestry, and nursery applications. The result is a product that conserves water, suppresses weed growth, and increases plant yields, while delivering nutrients that significantly improve soil quality and eliminates tons of plastic from entering the waste stream.
Electron Warehouse is designing a grid scale energy storage solution that would allow the grid to absorb unpredictable fluctuations in energy, particularly from renewable energy sources. Electron Warehouse has a very low-cost technological solution, similar to pumped-hydro, but using solid material as the storage medium. This allows for smaller installations which can be much easier to site than larger reservoirs used for pumped hydro.
Ener-G-Rotors, Inc. (www.energrotors.com) sells systems that generate electricity from low temperature heat sources (150F-400F), such as industrial processes, commercial buildings, solar thermal collectors, biomass, biogas, geothermal, or combustion engines. They have working 5 kilowatt systems and will soon offer the GEN4, a 40-60 kilowatt system for industrial waste heat applications. Their patented technology offers efficiency, cost, and durability advantages versus existing technologies for extracting value from heat sources at these low temperatures and small sizes.
FlexEnergy (www.flexenergy.com) has developed the FlexPowerstationTM to convert low pressure weak fuel into electricity with near zero emissions. With Flex technology, previously unusable methane gases at landfills, digesters, coal mines, industrial sites and many other sources can now generate clean electricity. An environmental hazard is eliminated and a major source of greenhouse gas emissions becomes a valuable energy resource.
HE System Technologies has developed a new Hot Water Drive Technology (HWDT) that changes the way domestic hot water is delivered. Every part of the fully integrated system contributes to producing hot water while saving energy. This innovative system delivers an endless supply of hot water virtually instantly to all points of use, saving both water and energy. Therefore, HWDT promises to provide a more efficient alternative to point of use heaters, recirculation pumps and manifolds systems.
PaceControls (www.pacecontrols.com), an ENERGY STAR Partner and Pennsylvania "Growing Green" company, develops and manufactures energy-saving retrofit controls for use in HVAC and refrigeration (HVACR) applications. The company’s patented PACE2 technology delivers immediate energy savings of 15%-25% on a wide array of existing and new commercial and residential heating, cooling and refrigeration equipment.
Prism Solar (www.prismsolar.com) has developed a proprietary transparent holographic film that collects sunlight, selects the most useful portions of the spectrum, and focuses that light onto adjacent solar cells. This inexpensive holographic film dramatically lowers the cost per watt, while producing 25% more energy (Whs) compared to conventional solar modules of equal Watt rating.
SierraWave (www.sierrawavetech.com) produces a small server that efficiently converts biodegradable waste from homes, restaurants, resorts, cities, or farms into clean renewable electric energy for the grid and clean fuel for vehicles. Waste disposal costs are transformed into renewable energy revenue and valuable carbon credits to solve the growing global problem of too much waste and limited clean energy.
Media Contact: Margie Otto, (714) 765-4497 office, (714) 240-6094 cell
ABOUT ANAHEIM – The City of Anaheim, founded in 1857, is one of the nation's premier municipalities and is one of California's most populous cities. Anaheim covers 50 square miles with more than 343,000 residents and more than 2,950 City employees. The municipal corporation's annual budget is $1.5 billion. Anaheim supports a thriving business community with companies such as Carl Karcher Enterprises, Inc., L-3 Communications, Pacific Sunwear, and Disneyland Resort. Successful sports franchises call Anaheim home, including Angels Baseball, Anaheim Ducks, the U.S. Men's National Volleyball Team, the 2012 Olympic Games Silver Medal winning U.S. Women's National Volleyball Team, and the Professional Arena Soccer League Anaheim Bolts. Anaheim also boasts world-class meeting and entertainment venues with the Anaheim Convention Center, LEED-certified and the largest on the west coast, Honda Center, City National Grove of Anaheim, Anaheim GardenWalk, and Angel Stadium of Anaheim. In addition, Anaheim embraces its vibrant cultural arts community, including the world-renowned Anaheim Ballet. Annually, Anaheim welcomes millions of visitors to the city, truly making it where the world comes to live, work and play. For more information, please visit www.anaheim.net.
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