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Thursday, October 30, 2008

Intel in China, ice-powered air conditioners

Even with turmoil in the financial markets, venture capital is still flowing to energy-tech ventures.
Here are the latest such investments: • Intel Capital has made its first clean-tech investment in China, the company said Tuesday.

The venture-capital arm of the chip giant put $20 million into Trony Solar Holdings, a Chinese solar thin-film cell developer. It also invested an undisclosed sum in NP Holdings, which makes large-scale energy storage systems for renewable energy and energy efficiency.
Intel Capital set up a $500 million fund for tech deals in China earlier this year, according to Reuters.
"We think innovation is the way to help companies out of this financial crisis," Cadol Cheung, head of Intel Capital in Asia Pacific told reporters Tuesday. "We have no plan of slowing down our investment pace."
• Ice Energy said Tuesday it has raised $33 million in a second round of funding. The round, led by Energy Capital Partners, also provides up to $150 million in project development financing.
Ice Energy makes rooftop air conditioners that use ice to help lower the cost of operating them.

During off-peak hours, such as the middle of the night, the machines freeze water. During the day, the ice cools the refrigerant to run the air conditioner, cutting down on the electricity it would otherwise need.
The ice storage can shift the demand to off-peak times by as much as 40 percent, according to the company. For that reason, the company is marketing its products to utilities looking for ways to reduce peak demand to avoid construction of new power plants.
• Blue Source said Monday that Goldman Sachs will take an equity stake in the company and finance carbon offset projects. Ice Energy's rooftop ice-cooled air conditioner.Ice Energy's rooftop ice-cooled air conditioner.
Blue Source identifies and runs projects that reduce greenhouse gases, such as methane capture at landfills, and carbon capture and storage at oil wells.
Goldman Sachs will market and trade the offsets from Blue Source projects in carbon emissions trading markets, according to the companies.
• General Electric said last week it is investing $30 million in lithium-ion battery maker A123 Systems, part of a planned $102 million series E round.
GE is now the largest investor in the company with a 9 percent stake after having put in $55 million. The two companies are working on various projects, including integrating A123 Systems' batteries in the Think all-electric town car and a hybrid bus platform.

Anti-Piracy Tool Draws Chinese Suit.

Microsoft has filed 52 lawsuits against alleged software pirates.
The software giant, which has led an active campaign against counterfeit copies of its software over the years, announced Tuesday that it filed cases against resellers in countries that ranged from China to the Netherlands to the United Kingdom and United States.
Microsoft noted that in 15 of the 52 cases, the software involved could allegedly be traced to a massive commercial counterfeit syndicate that Chinese authorities and the FBI broke up this summer. Most of the alleged illicit sales were conducted through e-commerce sites.
Counterfeit copies of their digital goods cost members of the worldwide software industry an estimated $40 billion annually, according to Microsoft. The tech titan also cited a study conducted by the Business Software Alliance and market researcher IDC that put the global PC software piracy rate at 35 percent last year.
Redmond also unveiled a "Microsoft Buying Guide" on eBay as a tool for educating consumers about counterfeit applications. In addition, it maintains an information site with tips on how to detect pirated software.
Through users' tips, Microsoft said, it also gleaned enough information to refer 22 criminal cases to various law enforcement agencies around the world.

.....Complaint Against Microsoft

Anti-Piracy Tool Draws Chinese Suit, Complaint Against Microsoft
A man from Beijing has sued Microsoft while a Chinese lawyer asked the government to fine the U.S. firm $1 billion for turning black the desktop screen of computers installed with pirated software.
A Beijing man surnamed Liu asked the Haidian District People's Court to compel Microsoft to remove the Windows Genuine Advantage (WGA) program on his PC and the permanent desktop screen warning "You may be a victim of counterfeit software."
"Microsoft has no right to judge whether the installed software is pirated or not. It has no right to penalize users by intruding on their computers," said Liu, according to the People's Daily Online.
Beijing lawyer Dong Zhengwei, 35, asked last week the State Administration for Industry and Commerce to fine Microsoft. He also asked the Ministry of Public Security to order Microsoft to stop what he described as hacking and infringement of privacy perpetrated by the company through its WGA.
Meanwhile, the China Computer Federation condemned Microsoft on Tuesday for what it called "unsolicited remote control of computers" since introducing WGA in China last week to combat illegally copying of its software for sale to the public at a cheaper price.
"If a company believes others have infringed their intellectual property rights, it can collect evidence and take judicial measures to deal with the infringement according to Chinese law," the federation said in a statement.
The WGA does not stop computers using the Windows XP operating system from functioning. The warning label can be erased but reappears every one hour.

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