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Solid State Lighting: Deals of the Year 2010

First published in Cleantech Infocus: 2010 - Equity Deals of the Year, January 2011. Copyright Cleantech Investor Ltd.

The most high profile deal of the year in LEDs was the listing of Taiwanese LED manufacturer, SemiLEDs, on NASDAQ in December. SemiLEDs raised $79 million. Also in December, but at the other end of the scale, ProPhotonix listed on the AIM market in London, raising £0.8 million.

In terms of venture funding, the $62 million raised by Bridgelux in the US was the largest deal announced. It was closely followed by China’s Lattice Power, which raised $55 million. Lattice Power is notable for its GaN-on-silicon technology: other deals for companies with innovations in the GaN-on-silicon niche, which is attracting the attention of venture investors, included glo AB and Azzuro Semiconductors.

Elsewhere, notable venture investment deals in LEDs included Redwood Systems and Nualight – both focused on built environment applications for LEDs.

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LED and OLED Technology - transforming design

First published in Cleantech magazine, July/August 2010. Copyright Cleantech Investor Ltd

OSRAM chose London’s Design Museum as the venue for a presentation on the future of solid state lighting technology. Meanwhile, OSRAM LEDs were lighting up the World Cup games in South Africa.

By Anne McIvor

Solar light emitting diode (LED) producer, D Light Design, was a winner at the Ashden Awards for Sustainable Energy for 2010. While D Light Design is providing light for villagers in remote parts of Africa, LED technology was also behind much of the lighting for the FIFA World Cup 2010 in South Africa.

OSRAM developed ‘LED Beams’, in conjunction with local manufacturer BEKA, to light the ‘Durban Arc’  spanning the Durban stadium. The company’s ‘Golden Dragon Plus’ LEDs – 12,000 in total – combine to form the 350 metre Durban Arc, an icon for the potential for LED lighting technology.

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'PlusEnergy' design: energy efficiency beyond Passive House

First published in Cleantech magazine, July/August 2010. Copyright Cleantech Investor Ltd 2010

By Dr Denis Gross

The point beyond zero energy consumption (when solar and other forms of home-based microgeneration balance the external energy imported), the point at which a house generates more energy than it consumes over a period of time, defines the EnergyPlus House.

The energy consumed by different types of housing differs significantly. In the UK, for example, an average semi-detatched house consumes around 22,000kWh/yr. Over 80% of this typically goes on heating; the remainder on electricity. A low energy house, on the other hand, consumes just over one-third of the total energy of the average house, with only 60% of this lower figure going on heat. The heating requirements of higher efficiency buildings, such as the ‘passive house’, are significantly lower again.

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Built Environment/Energy Efficiency: UK Quoted Companies

First published in Cleantech magazine, May 2010. Copyright Cleantech Investor 2010.

Reviews of some of the UK Quoted companies with innovative solutions for the built environment, by Andrew Hore

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Built Environment and Energy Efficiency: Venture Investment

First published in Cleantech magazine, May/June 2010. Copyright Cleantech Investor Ltd 2010.

VB Research has tracked a host of venture capital fund raising deals for companies with technology in the energy management, smart metering and other ‘green building’ spaces over the past year or more. These deals are summarised in the following tables.

In the VB Research deal list, we noticed a trend for deals in the overlapping spaces of energy efficiency and home security – typical of the growing trend for cleantech solutions to be incorporated into broader industrial solutions. Sunnyvale, California, based 4Home is a case in point. 4Home raised US$1.3 million in early stage funding in 2009, according to VB Research. The company provides ‘home control’ services, which incorporate various functions including energy management as well as home security and monitoring. 4Home’s software platform includes the ControlPoint,™ Portal Server, and SDK software products.

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