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GreatPoint Energy
GreatPoint Energy, Inc. is a Chicago, Illinois based energy company that produces natural gas from coal, petroleum coke, and biomass utilizing catalytic hydromethanation. GreatPoint Energy was founded in 2005 by serial entrepreneur Andrew Perlman and his business partners. The company has raised $150 million in venture capital from Dow, AES Corporation, Suncor Energy Inc., Peabody Energy, Advanced Technology Ventures (ATV), Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Khosla Ventures and Citi Capital Advisors (CCA). In May, 2012 GreatPoint Energy and China Wanxiang Holdings closed a $1.25 billion investment and partnership agreement to finance and construct the first phase of a one trillion cubic feet per year coal to natural gas production facility in China. The deal between GreatPoint Energy and Wanxiang was the largest US venture capital investment in 2012. Technology GreatPoint Energy utilizes a sulfur-tolerant catalyst that enables gasification at the low ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Kleiner Perkins Caufield & Byers
Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneurs in over 900 ventures,"Assets"
Kleiner Perkins, 2019
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2011 Haimen Protest
The 2011 Haimen protest of December 2011 occurred in the Chinese town of Haimen, Guangdong. The protests, which drew thousands of participants, were met with detentions and tear gassing by authorities.Michael WinesPolice Fire Tear Gas at Protesters in Chinese City ''The New York Times'', 23 December 2011. Protests were ignited over plans to expand a coal-fired power plant in the town—a plan that residents opposed, arguing that existing coal-fired plants had caused environmental and health damage. Demonstrations began on Tuesday, 20 December when thousands of residents barricaded a freeway and surrounded government offices in an attempt to block the project. According to AFP, the riot police fired tear gas into the crowd and beat protesters with riot sticks. Late on 20 December, the state-run Xinhua News Agency said that five residents had been detained on vandalism charged, and published a declaration from the Shantou city council announcing that the "Shantou deputy and municipa ...
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International Energy Agency
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the entire global energy sector, with a recent focus on curbing carbon emissions and reaching global climate targets, including the Paris Agreement. The 31 member countries and 11 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global oil market and energy sector, promote energy savings and conservation, and establish international technical collaboration on innovation and research. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. In subsequent decades, the IEA's role expanded t ...
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Methane
Methane ( , ) is a chemical compound with the chemical formula (one carbon atom bonded to four hydrogen atoms). It is a group-14 hydride, the simplest alkane, and the main constituent of natural gas. The relative abundance of methane on Earth makes it an economically attractive fuel, although capturing and storing it poses technical challenges due to its gaseous state under normal conditions for temperature and pressure. Naturally occurring methane is found both below ground and under the seafloor and is formed by both geological and biological processes. The largest reservoir of methane is under the seafloor in the form of methane clathrates. When methane reaches the surface and the atmosphere, it is known as atmospheric methane. The Earth's atmospheric methane concentration has increased by about 150% since 1750, and it accounts for 20% of the total radiative forcing from all of the long-lived and globally mixed greenhouse gases. It has also been detected on other plane ...
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Operating Temperature
An operating temperature is the allowable temperature range of the local ambient environment at which an electrical or mechanical device operates. The device will operate effectively within a specified temperature range which varies based on the device function and application context, and ranges from the minimum operating temperature to the maximum operating temperature (or peak operating temperature). Outside this range of safe operating temperatures the device may fail. It is one component of reliability engineering. Similarly, biological systems have a viable temperature range, which might be referred to as an "operating temperature". Ranges Most devices are manufactured in several temperature grades. Broadly accepted grades are: *Commercial: 0 ° to 70 °C *Industrial: −40 ° to 85 °C *Military: −55 ° to 125 °C Nevertheless, each manufacturer defines its own temperature grades so designers must pay close attention to actual datasheet spe ...
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Methanation
Methanation is the conversion of carbon monoxide and carbon dioxide (COx) to methane (CH4) through hydrogenation. The methanation reactions of COx were first discovered by Sabatier and Senderens in 1902. CO''x'' methanation has many practical applications. It is a means of carbon oxide removal from process gases and is also being discussed as an alternative to PROX in fuel processors for mobile fuel cell applications. Methanation as a means of producing synthetic natural gas has been considered since the 1970s. More recently it has been considered as a way to store energy produced from solar or wind power using power-to-gas systems in conjunction with existing natural gas storage. Chemical reactions The following reactions describe the methanation of carbon monoxide and carbon dioxide respectively: :CO + 3H2 -> CH4 + H2O -206 kJ/mol :CO2 + 4H2 -> CH4 + 2 H2O -164 kJ/mol The methanation reactions are classified as exothermic and their energy of formations are listed. There is ...
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Water Gas Shift Reaction
Water (chemical formula ) is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms (in which it acts as a solvent). It is vital for all known forms of life, despite not providing food, energy or organic micronutrients. Its chemical formula, H2O, indicates that each of its molecules contains one oxygen and two hydrogen atoms, connected by covalent bonds. The hydrogen atoms are attached to the oxygen atom at an angle of 104.45°. "Water" is also the name of the liquid state of H2O at standard temperature and pressure. A number of natural states of water exist. It forms precipitation in the form of rain and aerosols in the form of fog. Clouds consist of suspended droplets of water and ice, its solid state. When finely divided, crystalline ice may precipitate in the form of snow. The gaseous state of water is steam or water vapor. Water covers a ...
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Catalyst
Catalysis () is the process of increasing the rate of a chemical reaction by adding a substance known as a catalyst (). Catalysts are not consumed in the reaction and remain unchanged after it. If the reaction is rapid and the catalyst recycles quickly, very small amounts of catalyst often suffice; mixing, surface area, and temperature are important factors in reaction rate. Catalysts generally react with one or more reactants to form intermediates that subsequently give the final reaction product, in the process of regenerating the catalyst. Catalysis may be classified as either homogeneous, whose components are dispersed in the same phase (usually gaseous or liquid) as the reactant, or heterogeneous, whose components are not in the same phase. Enzymes and other biocatalysts are often considered as a third category. Catalysis is ubiquitous in chemical industry of all kinds. Estimates are that 90% of all commercially produced chemical products involve catalysts at some s ...
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People's Republic Of China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Wanxiang
Wanxiang Group Corporation () is a Chinese multinational conglomerate, headquartered in Hangzhou, Zhejiang province, China. Its automotive components subsidiary (Wangxiang Qiaochao) is the largest China-based automotive components company measured by revenues. The company was founded in 1969 by Lu Guanqiu. Subsidiaries Wangxiang Qianchao Co., Ltd. Wangxiang Qiaochao Co., Ltd. is a public company listed on Shenzhen Stock Exchange (Symbol 000559). A123 Systems, LLC On October 16, 2012, A123 Systems had filed for bankruptcy protection under Chapter 11, Title 11, United States Code. Wanxiang won an auction for the bankrupt United States-based lithium-ion battery maker in December 2012 for a closing price of US$256.6 million. A123 Systems had more than 3000 employees as of that date. The Committee on Foreign Investment in the United States (CFIUS) granted its approval, and on January 28, 2013, Wanxiang Group's Chicago-based subsidiary, Wanxiang America, purchased the prepon ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ...
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