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Author Topic: The Big Picture of Renewable Energy Growth  (Read 23613 times)

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Re: The Big Picture of Renewable Energy Growth
« Reply #330 on: October 14, 2018, 09:35:49 pm »
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Against the Odds: Climate Innovation on the Rise in Oil-Dominated 🦕 Regions

October 14th, 2018 by Sponsored Content

By Diana Zaharia


Bridging the Gap

The Paris targets show that we need to leave more than 80% of known fossil fuel reserves underground. However, few companies are truly committed to leaving the coal, oil, and gas in the earth, and next to zero nations are willing to make them do so. So how do green and cleantech entrepreneurs in these regions bring their solutions to market and solve the problem of energy access by using renewables?

Part of the solution is initiated by the world’s largest green business ideas competition, called ClimateLaunchpad*, and supported by EIT Climate-KIC, a body of the European Union. In recent years the platform opened up for entrepreneurs and green business enthusiasts in countries like Nigeria, Kazakhstan, India, Malaysia, and Azerbaijan. And the numbers are astonishing.

Every year, new countries join the global network, now reaching close to 4,000 green business ideas submitted globally over the past five years, currently running in 50 locations in 45 countries. This year the Global Grand Final will take place in Edinburgh, Scotland, on 1-2 November. On top of choosing the 2018 winners, it promises to unlock a global conversation with 700 people about fixing climate change.

Fertile Grounds for Green Tech Innovators

For the second year in a row, Azerbaijan has landed in the top three of countries to enter the highest numbers of green business ideas in ClimateLaunchpad. And by doing so they are outperforming countries like England, Germany, Norway, The Netherlands in Western Europe, and Australia.

Azerbaijan is one of the birthplaces of the oil industry, with a history strongly linked to the fortunes of petroleum. But these days the country also produces some of the brightest young entrepreneurs, green tech innovators, and game changers. ✨🌞

Reyhan Jamalova

Take Reyhan Jamalova, the CEO and founder of Rainergy, the Azerbaijan start-up that produces electricity from rainwater. Reyhan is 15 years old and she was 14 when she joined ClimateLaunchpad. She was recently named one of the most promising entrepreneurs on the Forbes 30-Under-30 list.

Her technology is a smart generator that harvests energy from rain. Piezo electric crystals have the unique property to convert external pressure on the crystal into electric current. When the rain falls on the piezo electric crystals, the pressure of the raindrops generates small amounts of energy. The initial prototype of Rainergy produces 22W of power and feeds up to 22 LED lamps. While piezo electric rain generators produce only 25 micro-watts of power, the Rainergy model is much more efficient. Also it stores energy in the accumulator with the help of batteries, so that it can still be used when there is no rain. Moreover, Rainergy reduces the amount of CO2 emissions to 10 g per kWh during the production of the electricity. That is very low compared to the other current alternative energy solutions.

“I can say that as a 14 year old student I didn’t know anything about building a business. During ClimateLaunchpad I learned a lot about it, met amazing teams, and expanded my network,” says Reyhan. “We have applied for patent and the process continues. Also, we applied with The Republic of Azerbaijan State Agency on Renewable and Alternative Energy and we are still negotiating our conditions. Our main goal now is to increase the efficiency of the product and develop it further.”

Another example is CO2atalyser. This startup founded by Professor Yusif Abdullayev joined ClimateLaunchpad in Azerbaijan in 2017 to transform research into a business. Efficient conversion of CO2 being a key challenge for the chemistry community, but Prof. Abdullayev and his team developed a product that can save up to 85% in CO2 emissions for every factory using it. The technology is a unique catalyst that enables higher efficiency and long-term stability compared to traditional metal catalysts, such as nano-gold, platinum, and ruthenium.

Full article:

Light is sown for the righteous, and gladness for the upright in heart. Ps. 97:11


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