Virgin Green Fund
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Virgin Green Fund
Virgin Green Fund was established in 2007 to invest in companies in the renewable energy and resource efficiency sectors in the US and Europe. It closed in 2014. Investment history The fund's first fundraising round raised $199m from Virgin and other investors. A notable initial investor was Wolverhampton City Council. The fund's investment focus is on established businesses rather than start ups. It had invested in 10 businesses out of 3,700 considered as of 2010. Portfolio As of April 2010 Virgin Green Fund's portfolio included: * Gevo * Solyndra * Odersun * Metrolight * Wildcat Discovery Technologies * DuraTherm * Seven Seas * Quench USA * GreenRoad Shutdown In 2014, the firm was closed down by the Virgin Group. See also *Virgin Atlantic *Aviation biofuel *Sustainable aviation fuel References Further reading Virgin Green Fund leads Odersun funding roundBenchmark, Branson Keep Eyes on Cleantech Road– Gevo has received investments from Khosla Ventures Kh ...
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Virgin Green Fund
Virgin Green Fund was established in 2007 to invest in companies in the renewable energy and resource efficiency sectors in the US and Europe. It closed in 2014. Investment history The fund's first fundraising round raised $199m from Virgin and other investors. A notable initial investor was Wolverhampton City Council. The fund's investment focus is on established businesses rather than start ups. It had invested in 10 businesses out of 3,700 considered as of 2010. Portfolio As of April 2010 Virgin Green Fund's portfolio included: * Gevo * Solyndra * Odersun * Metrolight * Wildcat Discovery Technologies * DuraTherm * Seven Seas * Quench USA * GreenRoad Shutdown In 2014, the firm was closed down by the Virgin Group. See also *Virgin Atlantic *Aviation biofuel *Sustainable aviation fuel References Further reading Virgin Green Fund leads Odersun funding roundBenchmark, Branson Keep Eyes on Cleantech Road– Gevo has received investments from Khosla Ventures Kh ...
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Wolverhampton City Council
City of Wolverhampton Council is the governing body of the city of Wolverhampton, England. It was previously known as Wolverhampton Metropolitan Borough Council (WMBC) prior to the award of city status in 2000, and also as Wolverhampton City Council before adopting the "City of Wolverhampton" branding in 2015. Organisation The council offices are at the Civic Centre, which is located in St. Peter's Square in the city centre. The Labour Party currently controls the council and have been in majority on the council since 1974, with the exceptions of 1978–1979, 1987, 1992–1994 and 2008–2010. The leader of the council is Ian Brookfield. The deputy leader is Stephen Simkins after Louise Miles lost her Oxley seat to the Conservatives at the Local Elections in 2021. The council has a Leader and Cabinet model of executive arrangements, with each Cabinet Member having political responsibility for assigned service areas. The council has a total of 60 Councillors (currently 44 Labo ...
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Khosla Ventures
Khosla Ventures is an American venture capital firm founded by Vinod Khosla, focused on early-stage companies in the Internet, computing, mobile, financial services, agriculture, healthcare and clean technology sectors. Some of its most successful investments include Affirm, DoorDash, Square, Impossible Foods and Instacart. History The firm was founded in 2004 by Vinod Khosla, a former general partner of Kleiner Perkins. The firm's first two investment vehicles were funded with Khosla's own personal capital and were not open to institutional investors. In March 2009, Pierre Lamond became General Partner. In December 2009, Khosla completed fundraising for two new funds, to invest in cleantech and information technology start-ups. Khosla Ventures Fund III secured $1 billion of investor commitments to invest in traditional early stage and growth stage companies. Khosla also raised $300 million for Khosla Seed, which will invest in higher-risk opportunities and science experiments. ...
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Sustainable Aviation Fuel
An aviation biofuel or bio-jet fuel Note: About">Investable Universe>About' or bio-aviation fuel (BAF) is a biofuel used to power aircraft and is said to be a sustainable aviation fuel (SAF). The International Air Transport Association (IATA) considers it a key element to reducing the carbon footprint within the environmental impact of aviation. Aviation biofuel could help decarbonize medium- and long-haul air travel generating most emissions, and could extend the life of older aircraft types by lowering their carbon footprint. Biofuels are biomass-derived fuels, from plants or waste; depending on which type of biomass is used, they could lower emissions by 20–98% compared to conventional jet fuel. The first test flight using blended biofuel was in 2008, and in 2011 blended fuels with 50% biofuels were allowed in commercial flights. In 2019, the IATA was aiming for a 2% penetration by 2025. Aviation biofuel can be produced from plant sources such as ''Jatropha'', algae, ...
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Aviation Biofuel
An aviation biofuel or bio-jet fuel Note: About">Investable Universe>About' or bio-aviation fuel (BAF) is a biofuel used to power aircraft and is said to be a sustainable aviation fuel (SAF). The International Air Transport Association (IATA) considers it a key element to reducing the carbon footprint within the environmental impact of aviation. Aviation biofuel could help decarbonize medium- and long-haul air travel generating most emissions, and could extend the life of older aircraft types by lowering their carbon footprint. Biofuels are biomass-derived fuels, from plants or waste; depending on which type of biomass is used, they could lower emissions by 20–98% compared to conventional jet fuel. The first test flight using blended biofuel was in 2008, and in 2011 blended fuels with 50% biofuels were allowed in commercial flights. In 2019, the IATA was aiming for a 2% penetration by 2025. Aviation biofuel can be produced from plant sources such as '' Jatropha'', algae, ...
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Virgin Atlantic
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, England. The airline was established in 1984 as British Atlantic Airways, and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between London and the Falkland Islands. Soon after changing the name to Virgin Atlantic Airways, Fields sold his shares in the company after disagreements with Richard Branson over the management of the company. The maiden flight from Gatwick Airport to Newark International Airport took place on 22 June 1984. The airline along with Virgin Holidays is controlled by a holding company, Virgin Atlantic Limited, which is 51% owned by the Virgin Group and 49% by Delta Air Lines. It is administratively separate from other Virgin-branded airlines. Virgin Atlantic Airways Limited and Virgin Atlantic International Limited both hold Civil Aviation Authority (CAA) Type ...
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Odersun
Odersun was a German photovoltaic (PV) company that developed and manufactured CIGS cells on a flexible copper backing, specifically designed for building-integrated photovoltaics. The insolvent company went into administration on 1 June 2012 and filed for bankruptcy. Odersun employed more than 320 people in production, research and management in Frankfurt an der Oder, Fürstenwalde and Berlin, Germany. In cooperation with partner and investor AT&M, the company was setting up a joint venture in Beijing, China. The company produced its flexible photovoltaic modules according to a proprietary and patented manufacturing process. These thin-film modules converted sunlight into electricity using a thin layer of a copper indium gallium selenide (CIGS) semiconductor which was deposited on copper tape. These were cut, interconnected and built into different forms of modules depending on their application such as facades, roofs, canopies or louvers. In 2008, the company topped the in ...
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Solyndra
Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin film solar cells based in Fremont, California. Heavily promoted as a leader in the sustainable energy sector for its unusual technology, Solyndra was not able to compete with conventional solar panel manufacturers of crystalline silicon. About two years after the Obama administration co-signed $535 million loans to Solyndra, the company filed for bankruptcy on September 1, 2011. A 2015 report from the Department of Energy found major flaws in Solyndra's business practices and claimed the company made "inaccurate and misleading" statements to obtain the loan guarantees, and also found fault with Department of Energy oversight.Office of Inspector General (August 24, 2015)Special Report: 11-0078-I Accessed 17 April 2022 Technology Solyndra designed, manufactured, and sold solar photovoltaic (PV) systems composed of panels and mounting hardware for large, low-slope commercial rooftops. T ...
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Gevo, Inc
The Evolution Series is a line of diesel locomotives built by GE Transportation Systems (now owned by Wabtec), initially designed to meet the U.S. EPA's Tier 2 locomotive emissions standards that took effect in 2005. The first pre-production units were built in 2003. Evolution Series locomotives are equipped with either AC or DC traction motors, depending on the customer's preference. All are powered by the GE GEVO engine. The Evolution Series was named as one of the "10 Locomotives That Changed Railroading" by ''Trains Magazine'' and was the only locomotive introduced after 1972 to be included in that list. The Evolution Series locomotives are some of the best-selling and most successful freight locomotives in United States history. Models Currently, six different Evolution Series models have been produced for the North American market. They are all six axle locomotives and have the wheel arrangement C-C ( AAR classification) or Co′Co′ (UIC classification), except f ...
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Resource Efficiency
Resource efficiency is the maximising of the supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively, with minimum wasted (natural) resource expenses. It means using the Earth's limited resources in a sustainable manner while minimising environmental impact. Motivation A 2014 report by The Carbon Trust suggested that resource challenges are intensifying rapidly – for example, there could be a 40% gap between available water supplies and water needs by 2030, and some critical materials could be in short supply as soon as 2016. These challenges could lead to disruptions to supply, growing regulatory requirements, volatile fluctuation of prices, and may ultimately threaten the viability of existing business models. Related concepts Resource efficiency measures, methods, and aims are quite similar to those of resource productivity/ resource intensity and of the slightly more environment-inclined concept o ...
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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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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ...
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