10/3/2007
Most promising energy and clean technology companies named
BY NANCY TUCKER
Special to the Rice News
The Rice Alliance for Technology and Entrepreneurship announced its list of the 10 most promising energy and clean technology companies at its fifth Annual Energy and Clean Technology Venture Forum last week in Houston.
These companies were selected from among 55 presenting companies by a panel of venture capitalists, investors and other leaders from the entrepreneur community. Of the top 10, four are based in Houston, two elsewhere in Texas, two in California and two in Canada.
More than 530 investors, entrepreneurs and other attendees participated in the forum, making it one of the largest energy and clean technology events of its kind in North America. The 10 most promising companies are:
• General Vortex of Houston -- This developer of proprietary combustion technology, a flameless oxidation combustion system (vortex combustor), enables low-grade fuels to be burned while greatly increasing efficiency and minimizing emissions.
• GreenVolts of San Francisco -- A solar energy company with high-concentration photovoltaic technology efficiently integrates tracking and optics into a system that dramatically lowers electricity generation cost.
• Lumedyne Technologies of San Diego --- The company has developed a highly advanced, proprietary micro-electro-mechanical systems accelerometer which enables the capture of more accurate seismic data at reduced cost, enhancing the identification of potential oil and gas reserves.
• Practical Technology of Georgetown, Texas --- This startup is developing and commercializing lightbulbs based on photonic band gap filament. This filament enables incandescent bulbs to provide the same light at one-eighth the power consumption with a longer life without the high cost and mercury content of compact fluorescent bulbs.
• Questor Technology Inc. of Calgary, Alberta -- This environmental technology company provides waste sour gas incineration systems with 99.9 percent efficiency. Their products help operators achieve environmental objectives at the lowest cost.
• Senscient of Houston -- Senscient has developed a patented open-path gas detection and analysis technology for industrial plant operations that enables reliable detection of both toxic and flammable gases over large areas, providing time for remedial action.
• Simbol Mining Corp. of Houston -- Their unique silica extraction technology produces minerals and metals from geothermal, oil and gas and other brines.
• Svitzer Surveys of Houston -- Svitzer provides subsurface geological and geophysical data using a patented, proprietary process-to-process, near-surface seabed data.
• Tadger Group International of Winona, Ontario -- The company developed a patented device that installs into the fuel feed line of any combustion engine. The device creates controlled fuel turbulence, which promotes enhanced heat transfer through convection. It also decreases the droplet size and results in more fuel per cycle being burned. The result is lower emissions, increased horsepower and improved fuel economy.
• TekSUN PV Manufacturing of Austin -- Their thin-film solar panel technology helps large solar panels provide electricity at lower costs.
To hear all 55 speeches from participating companies and an interview with keynote speaker Doug Cameron from Khosla Ventures, click on
www.businessmakersradio.com. For details, contact
alliance@rice.edu or 713-348-3443 or go to
www.alliance.rice.edu.