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GE Energy Financial Services 2010 Investing Target: $6B

Posted by on 05 Feb 2008 | Tagged as: cleantech, company, energy

GE Energy Financial Services

Cleantech growth continues at a pace: GE Energy Financial Services recently raised its 2010 renewable energy investing target by 50 percent to $6 billion. GE Energy Financial Services recently crossed the $3 billion mark with a $300 million investment in wind projects spanning four states.

“Thanks to our strong customer relationships, our expertise, GE’s technical capabilities, high fossil fuel prices and popular support for cleaner power, renewable energy has become our fastest-growing business,” said Alex Urquhart, President and CEO of GE Energy Financial Services. “With our broad capabilities to invest equity and debt within and outside the United States — not only in wind but in solar, biomass, hydro and geothermal power — we have become a major player in a $60 billion annual renewable energy market.” Continued in Company Press Release…

Here’s hoping full thought is given to the manufacturing and siting stages so that we don’t just have ‘clean energy’, but it can also be ‘green energy’. (Of course the greenest energy is the energy that isn’t produced – see my recent post on NegaWatt Power.)

:: More via Google News

Baking Plastic from Plants

Posted by on 04 Feb 2008 | Tagged as: company

 Click to Enlarge

Cnet has a photo story on California-based Cereplast, makers of starch-based, renewable plastics:

Cereplast has been brewing plant-based plastics since 2001. The company sells the bioplastic resin to companies that manufacture compostable plates, cups, and utensils. This factory in Hawthorne, Calif., churns out 45 million pounds of raw bioplastic each year.

Bioplastics could expand from one-tenth of the current plastics market to one-third by 2020, a total of $10 billion annually in the United States alone, according to a study by Helmut Kaiser Consultancy. Continued at Cnet

Know of other innovative ways to kick the oil habit? Send ’em to me…

More on Saatchi S

Posted by on 01 Feb 2008 | Tagged as: company, news

Some more on Saatchi’s acquisition of Act Now:


• Act Now to Become Saatchi & Saatchi S, part of Saatchi & Saatchi Worldwide
• Move Strengthens Publicis Groupe in Sustainability Communications

Adam Werbach, CEO of Saatchi & Saatchi S said in a release yesterday: “Saatchi & Saatchi S is where world changing global communications meets deep sustainability expertise and passion. This is about taking the vision, mission and passion of the people of Act Now to the talents, process, scale, impact and creativity of the people of Saatchi & Saatchi.’”

Full Release

Coverage via Google News

This is BIG news in the sustainability field and likely a topic of conversation for Monday morning meetings in certain investment banking circles.

Send me your tips on who might be next…

Update:  Lots of coverage via blogs and regular media.

Adam Werbach announces SaatchiS

Posted by on 31 Jan 2008 | Tagged as: business, company, people

Adam Werbach is a true leader in the green movement and today he announced another big deal – the launch of Saatchi & Saatchi S.

After years in the environmental movement he founded Act Now to help commercial enterprises green up their act. Now they’re taking the product and process innovation, grassroots workforce engagement, marketing developed by Act Now and syndicating it across the S&S network of offices – across the planet.

Saatchi & Saatchi are the people who launched the Prius so they know how to build consumer movements. SaatchiS will work with their clients to make them sustainable from the inside out.

Saatchi & Saatchi S

What if a billion of us around the world decided it was time for something new and took small steps together to change the things we buy and the way we live?
What could a billion people accomplish?
To help answer that question we’ve formed Saatchi & Saatchi S. Our mission is to build a global movement of happy people living on a healthy planet.
We create sustainable visions for companies around the world and help them grow by embracing a grassroots approach to sustainability. Imagine your business becoming more profitable while helping your employees and your customers make the world a better place.
Now’s the time for you to do your part to unite those billion people. It’s time to take that step.

PS. They’re hiring!

Re-Designing the Industrial System

Posted by on 25 Jan 2008 | Tagged as: biomimicry, business, company, people

Ray AndersonIn an extended Industry Week interview Interface, Inc. founder and chairman Ray Anderson calls for “…a vast, ethically driven, re-design of the industrial system, triggered by an equally vast mind-shift.”

Interface is one of the leading commercial exponents of the emerging science of biomimicry.

Take a few minutes to watch Anderson’s interview in The Corporation, and check out his profile at “The Purpose Prize” and Wikipedia. This man might just be the greenest CEO in the US.

Consumer-Generated Power

Posted by on 20 Jan 2008 | Tagged as: company, energy, liveable cities

Dutch startup Qurrent is taking the notion of consumer-generated power a step further with technology to enable neighbourhood-wide energy networks. Continued at Springwise…

Zerofootprint Gets Calculated About Climate Change

Posted by on 20 Jan 2008 | Tagged as: company, enablers, research & reports


“It’s hard to tell, at first glance, whether Zerofootprint is a serious business or a feel-good environmental action group. The answer, easily discovered before long, is that it is likely both…the company as two separate entities: A non-profit umbrella group, the Zerofootprint Foundation, and separate for-profit arms that handle building out the calculator for cities and other companies. Zerofootprint can thus profit from the various websites it builds out, getting revenue from advertising, partnerships with other organizations, and payments from its clients…Zerofootprint currently has six cities signed up for its service, including Boulder, Colo. and Seattle, Wash.” Continued in Venturebeat…

Delphi Introduces Innovative Electronics Cooling Systems at CES

Posted by on 10 Jan 2008 | Tagged as: biomimicry, business, company

The patented technology behind these fans was developed through a license agreement with PaxIT, utilizing technology developed by PAX Scientific, Inc. This industrial design firm specializes in identifying, evaluating and replicating the flow efficiencies of nature into streamlined design geometries, a concept known as biomimicry. In the case of Delphi’s fan technology, the use of biomimicry results in fan blades that generate airflow streams with significantly reduced turbulence to deliver quieter, more energy-efficient performance.” More at TradingMarkets…

Big congrats to (fellow Aussie) Jay Harman and his team at San Rafael based PAX.