Scientific Conservation Inc. gets the green – cash that is

Sometimes all you need is a little green in the form of new funding. Just this week Scientific Conservation Inc. (SCI), a leading provider of energy efficiency and system optimization today announced The Westly Group has joined Draper Fisher Jurvetson (DFJ) as part of a Series A investment totaling $9M. It's a big move to further help commercial buildings around the globe significantly reduce their carbon footprint and consume far less energy. Why did the high profile venture capitalist company, which previously invested in Skype, Yahoo, and Hotmail, become interested in SCI? Well, they're working with companies like Neiman Marcus to oversee the engineering, energy management, sustainability, environmental/regulatory compliance and system-wide maintenance for their retail properties. In doing so Neiman Marcus moved forward in deploying the latest in building automation and control systems at its facilities to capture critical performance data from key mechanical,…
Read more
  • June 23, 2010
  • 1

Renewable Energy and the Utility: The Next 20 Years

The focus on the transition to renewable energy, energy efficiency programs and legislation surrounding these areas is spurring tremendous change in the utility industry. A lot of money and effort are being funneled to the research, development and deployment of clean energy technologies. The federal debate over fuels, technologies and the legislation supporting them has reached a fever pitch. The utility industry is undergoing fundamental change. The extreme change sometimes envisioned-that utilities will disappear-is not likely. The future utility will almost certainly be a hybrid of centralized power plants and massive distributed generation, combined with a much more efficient system of both generation and consumption. But the business model of the utility and the relationship between utility and customer will be radically different. For more on this story, please visit Renewable Energy World here.
Read more
  • May 24, 2010
  • 0