Dr. Abigail Barrow, MTTC Brad Bradshaw, MHC Dr. Linda...

Welcome to the Third Annual Conference on Clean Energy – the largest conference in New England focused on early stage opportunities and markets in Clean Energy. The Conference is a showcase

for the entire Clean Energy Cluster in New England: from newly formed companies to those with signifi-cant investment and products in the market; from the local market to international opportunities; from re-newable electricity sources to alternative fuels to energy efficiency and more. We are especially pleased this year to have both Massachusetts’ Governor Deval Patrick and Energy and Environment Secretary Ian Bowles who will speak about the importance of this Cluster to the Commonwealth of Massachusetts and their activities to promote the Cluster.

The Conference also features presentations by Google’s Clean Energy Guru, Robyn Beavers, and Mintz Levin’s Ken Connolly, who was most recently as Staff Director at the Senate Environment and Public Works Committee. Industry panels will cover in depth analysis of Fuel Cell, Solar, Biofuels, Wind, and Efficiency sectors. This year we will have two investment panels – the first will focus on infrastructure funding for clean energy while the second will address investments being made by venture capitalists and other early stage investors.

The Conference will also feature 18 early stage companies, most of which have close links to our local research institutions and universities. These companies are seeking their initial investments as well as connections to potential partners and customers. A new panel will also feature the experiences of sev-eral researchers who have successfully founded new Clean Energy companies out of area universities.

We are very grateful to the numerous sponsors who have contributed to the program. In particular, we would like to recognize Foley Hoag and the Massachusetts Technology Collaborative Renewable En-ergy Trust who have made significant financial contributions to the Conference. Any conference like this takes a huge amount of work and commitment. We are particularly grateful to our staffs and to the many volunteers who have helped with the organization and execution of this program. In addition, we have been supported in our marketing efforts by many other non-profit groups who are committed to building the cluster. We appreciate their collaboration with us on this signature event.

The Clean Energy Cluster in Massachusetts and New England is growing rapidly – and there has been an enormous increase in interest and activity since our last conference. Most notable has been the cre-ation of the New England Clean Energy Council (NECEC). Many of the organizers of this Conference have been involved with the creation of this new industry association and we look forward to collaborating with NECEC to support the growth of this important sector.

We hope you enjoy this year’s program and look forward to seeing you among the attendees of the Fourth Conference on Clean Energy in 2008.

Sincerely,

Nick D’Arbeloff, NECECChair, Investment Advisory Board

Matthew Richards, Dane PartnersChair, Job Fair

Dr. Abigail Barrow, MTTC Brad Bradshaw, MHC Dr. Linda Plano, MTTCConference Co-Chairs

ii �

The �3rd �Conference �on �Clean �Energy:Financing �& �Partnering �for �Emerging �Businesses

� � iii

October �29 �& �30, �2007Hynes Convention Center ∙ Boston, MA

Table of ContentsConference Agenda .................................................................. vi

Speaker Biographies ................................................................ 11Deval �Patrick �____________________________________ 15Robyn �Beavers �___________________________________ 16Ian A. Bowles �____________________________________ 16Kenneth �Connolly �________________________________ 17Warren �Leon � ____________________________________ 17Jeffrey Altman � __________________________________ 18Bruce Anderson �__________________________________ 18Abi Barrow �______________________________________ 18Travis �Bradford �__________________________________ 19Brad Bradshaw �___________________________________ 19Scott Brown �_____________________________________ 19Christopher �Cook � ________________________________ 20Brooke �Coleman � _________________________________ 20Dennis R. Costello �________________________________ 20Steve Cowell �____________________________________ 21Nick d’Arbeloff �__________________________________ 21Rob �Day � ________________________________________ 21Mark Farber �_____________________________________ 22Lisa �Frantzis � ____________________________________ 22Steve �Gatto �_____________________________________ 22Peter �Girguis � � ___________________________________ 23Daniel P. Goldman �________________________________ 23Paul �Gromer � �____________________________________ 24Jim �Gordon � _____________________________________ 24Tim �Healy �_______________________________________ 24John Howe �______________________________________ 24Radha �Jalan �_____________________________________ 25Harley C. Lee �____________________________________ 25Susan �Leschine �___________________________________ 25David Markus �____________________________________ 26Jim Matheson � ___________________________________ 26Charles Myers �___________________________________ 26Matthew M. Nordan �______________________________ 27Michael J. Naughton �______________________________ 27Gerard P. O’Connor �_______________________________ 28Uday �Pal �________________________________________ 28

iv �


� � v


Scott A. Pearson �_________________________________ 28Linda S. Plano �___________________________________ 29Robert L. Pratt �__________________________________ 29Michael Raab �____________________________________ 30John G. Ravis �____________________________________ 30Matthew Richards �________________________________ 30Walter �Sass � _____________________________________ 31Keren �Schlomy �___________________________________ 31Gary D. Simon �___________________________________ 31Colin �South � _____________________________________ 32Bic �Stevens �______________________________________ 32Tim �Stout �_______________________________________ 32Steven �Taub �_____________________________________ 32Jeff D. Wolfe, P.E. � _______________________________ 33Don �Young �_______________________________________ 33

Sponsors, Affiliates & Hosts ....................................................... 35Platinum �Sponsor �________________________________ 36Gold �Sponsor �____________________________________ 37Silver �Sponsors � __________________________________ 38Conference �Supporters �____________________________ 40Job �Fair �Sponsor �_________________________________ 41Nonprofit Affiliates �_______________________________ 41Hosts �___________________________________________ 42About the Investor Pitches � ________________________ 47

Startup Company Profiles ......................................................... 47AC FOX, Inc. �____________________________________ 48Advent Technologies, Inc. � _________________________ 50American Biomass �________________________________ 52Avālence, LLC �___________________________________ 54Bandgap Engineering, Inc. �_________________________ 56Bodega Algae LLC �_______________________________ 58CTP �Hydrogen � ___________________________________ 60iSagacity �________________________________________ 62Living Power Systems �_____________________________ 64Ocean Renewable Power Company, LLC �______________ 66Promethean Power Systems �________________________ 68QM Power, Inc. � __________________________________ 70Safe �Hydrogen, �LLC �_______________________________ 72Sanderson �Engine �Development �Company �____________ 74Smith �Energy � � �___________________________________ 76

SweetWater Ethanol, LLC �________________________ 78Vanguard �Solar, �Inc � � ______________________________ 80VEI, �LLC �________________________________________ 82

Additional Exhibitors ............................................................... 85Acumentrics Corporation �__________________________ 86American DG Energy Inc. �__________________________ 86CAPS Energy Ltd. �_________________________________ 86Climate �Energy �__________________________________ 87ElectroChem, Inc. �________________________________ 87FloDesign Inc. � ___________________________________ 87Fraunhofer �Institute �for �Solar �Energy �Systems �ISE � �____ 88Massachusetts Green Energy Fund �__________________ 88New England Clean Energy Council �__________________ 89Practical Solar, Inc. �_______________________________ 89Quantum Dynamics, Inc. � __________________________ 89Spire �Corporation � � _______________________________ 90Tufts �University: �Chemical �and �Biological �Engineering �_ 90

Job Fair Exhibitors ................................................................. 91Acumentrics Corporation �__________________________ 93BioEnergy �International �___________________________ 93CellTech Power �__________________________________ 93Composite Modules, Inc. �__________________________ 94Conservation �Services �Group �_______________________ 94Energyeasy �______________________________________ 94Envapower �______________________________________ 95Evergreen Solar, Inc. �______________________________ 95GreatPoint �Energy � �_______________________________ 95Konarka �________________________________________ 96Navigant �Consulting �______________________________ 96NSTAR Electric and Gas � ___________________________ 96SatCon �Technology �Corporation � ____________________ 97Smith �Energy �____________________________________ 97Spire �Corporation � � _______________________________ 97TIAX LLC �________________________________________ 98UPC Wind Management____________________________ 98US �Department �of �Energy �__________________________ 98Verenium �_______________________________________ 99

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10 � Biographies


Biographies � 11


Speaker & Chair BiographiesFeatured Speakers

Deval Patrick ......................................................................................................... 15Governor of the Commonwealth of MassachusettsLunch, �Tuesday

Robyn Beavers ...................................................................................................... 16Director, �Environmental �Programs, �Google �Reception, Monday

Ian A. Bowles ......................................................................................................... 16Secretary, Executive Office of Energy and Environmental Affairs, Massachusetts �Lunch, Monday

Kenneth Connolly ................................................................................................. 17Vice �President �of �Government �RelationsConference �Opening, �Tuesday

Warren Leon .......................................................................................................... 17Director, Massachusetts Technology Collaborative Renewable Energy Trust �Conference Opening, Monday

Panelist BiographiesJeffrey Altman ...................................................................................................... 18

President, �CEO �& �Director, �Hy9Fuel �Cells �Session �Panelist

Bruce Anderson ..................................................................................................... 18CEO, Wilson TurboPowerEnergy Efficiency & Management Session Panelist �

Abi Barrow ............................................................................................................. 18Director, Massachusetts Technology Transfer CenterConference �Co-Chair

Travis Bradford ...................................................................................................... 19Founder, �President �& �Director, �Prometheus �Institute �for �Sustainable �DevelopmentSolar �Session �Chair

Brad Bradshaw ...................................................................................................... 19President, Velerity Management ConsultingPresident, Massachusetts Hydrogen CoalitionExecutive Committee Member & Director, New England Clean Energy CouncilConference �Co-Chair

Scott Brown ........................................................................................................... 19CEO, New Energy CapitalProject Finance Session Panelist

12 � Biographies


Biographies � 13


Christopher Cook .................................................................................................. 20Senior VP, Regulatory Affairs and New Markets, Sun EdisonSolar �Session �Panelist

Brooke Coleman.................................................................................................... 20Founder, Renewable Energy Action Project (REAP)

Dennis R. Costello ................................................................................................ 20Managing Director, Braemar Energy VenturesVenture �Capital �Session �Panelist

Steve Cowell ........................................................................................................ 21Chairman �& �CEO, �CSG �GroupEnergy Efficiency & Management Session Panelist

Nick d’Arbeloff ..................................................................................................... 21Co-Executive Director, New England Innovation CollaborativeProject Finance Session Chair

Rob Day .................................................................................................................. 21Principal, �@VenturesVenture �Capital �Session �Panelist

Mark Farber ........................................................................................................... 22Vice �President, �Strategic �Planning, �Evergreen �Solar �Solar �Session �Panelist

Lisa Frantzis .......................................................................................................... 22Managing Director, Renewable & Distributed Energy, Navigant ConsultingSolar �Session �Panelist

Steve Gatto ............................................................................................................ 22Chairman �& �CEO, �BioEnergy �InternationalBioFuels �Session �Panelist

Peter Girguis ........................................................................................................ 23Professor, �Harvard �University, �and �co-founder �of �Fiat �LuxUniversity �Startup �Session �Panelist

Daniel P. Goldman ................................................................................................ 23Executive �Vice �President �and �CFO, �GreatPoint �EnergyProject Finance Session Panelist

Paul Gromer ......................................................................................................... 24President, �Peregrine �Energy �GroupEnergy Efficiency & Management Session Chair

Jim Gordon ............................................................................................................ 24President, �Cape �WindWind �Session �Panelist

Tim Healy ............................................................................................................... 24CEO �and �Co-Founder, �EnerNOC �Energy Efficiency & Management Session Chair

John Howe ............................................................................................................. 24VP, Public Affairs, VereniumBioFuels �Session �Panelist

Radha Jalan ........................................................................................................... 25President �and �CEO, �ElectroChem �Inc.Fuel Cells Session Moderator �

Harley C. Lee ........................................................................................................ 25President, �Endless �Energy �CorporationWind �Session �Panelist

Susan Leschine...................................................................................................... 25Professor, University of Massachusetts Amherst, and co-founder of SunEthanolUniversity �Startup �Session �Panelist

David Markus ......................................................................................................... 26CEO �& �Director, �General �CompressionWind �Session �Panelist

Jim Matheson ........................................................................................................ 26General �Partner, �Flagship �VenturesVenture �Capital �Session �Panelist

Charles Myers ........................................................................................................ 26Director of Marketing, Nuvera Fuel CellsFuel �Cells �Session �Panelist

Matthew M. Nordan ............................................................................................. 27President, �Lux �Research �Inc.Venture �Capital �Session �Panelist

Michael J. Naughton ............................................................................................ 27Professor, �Boston �College, �and �co-founder �of �SolastaUniversity �Startup �Session �Panelist

Gerard P. O’Connor .............................................................................................. 28Partner, �Foley �Hoag �LLPVenture Capital Session Moderator

Uday Pal ................................................................................................................. 28Professor, �Boston �University �University �Startup �Session �Panelist

Scott A. Pearson .................................................................................................... 28Chief Executive Officer, Protonex Technology Corp.Fuel �Cells �Session �Panelist

Linda S. Plano ....................................................................................................... 29Associate Director, Massachusetts Technology Transfer CenterConference �Co-Chair

Robert L. Pratt ...................................................................................................... 29Senior �Vice �President �- �Climate �Change/Energy

14 � Biographies


Biographies � 15


Project Finance Session Panelist

Michael Raab ......................................................................................................... 30President & CEO, AgrividaBioFuels �Session �Panelist

John G. Ravis ........................................................................................................ 30Vice President, TD Banknorth Project FinanceProject Finance Session Panelist

Matthew Richards ................................................................................................. 30Managing Director, DanePartnersJob �Fair �Chair

Walter Sass ............................................................................................................ 31President, �Chief �Engineer, �Principal, �Second �Wind, �Inc.Wind �Session �Panelist

Keren Schlomy ...................................................................................................... 31Energy Services Attorney, Rubin and RudmanWind Session Moderator

Gary D. Simon ....................................................................................................... 31President and CEO, Acumentrics CorporationFuel �Cells �Session �Panelist

Colin South ............................................................................................................ 32President, MascomaBioFuels �Session �Panelist �

Bic Stevens ............................................................................................................ 32Managing Partner, Ardour Capital InvestmentsUniversity Startup Session Moderator

Tim Stout ............................................................................................................... 32Vice President, Energy Efficiency at National GridEnergy Efficiency & Management Session Panelist

Steven Taub ........................................................................................................... 32Senior Vice President, Strategic Marketing, GEProject Finance Session Panelist

Jeff D. Wolfe, P.E. ................................................................................................ 33CEO, �groSolarSolar �Session �Panelist

Don Young .............................................................................................................. 33President & CEO, Aspen AerogelsEnergy Efficiency & Management Session Panelist

Featured Speakers

Deval PatrickGovernor of the Commonwealth of MassachusettsLunch, TuesdayGovernor Deval Patrick was elected in November of 2006. He brings to the Governor’s office a broad range of leadership experience at the top levels of business, government, and non-profits. From an early age, he has built his life on hope, and traced a trajectory from the South Side of Chicago to the U.S. Justice Depart-ment, Fortune 500 boardrooms, and now the Massachusetts Statehouse.

Patrick came to the Commonwealth at the age of 14. An excellent student despite the difficult circumstanc-es of under-funded and often violent Chicago schools, he was awarded a scholarship to Milton Academy through A Better Chance, a Boston-based organization.

After graduating from Milton, Patrick went on to Harvard, the first in his family to attend college. He received his degree, with honors, in 1978 and spent a post-graduate year working on a United Nations youth training project in the Darfur region of Sudan. He returned to Cambridge to attend Harvard Law School in the fall of 1979.

Following law school, Patrick served as a law clerk to a federal appellate judge before joining the NAACP Legal Defense and Education Fund. In 1986, he joined the Boston law firm of Hill & Barlow and was named partner in 1990, at the age of 34.

In 1994, President Clinton appointed Patrick Assistant Attorney General for Civil Rights, the nation’s top civil rights post. At the Justice Department, Patrick worked on a wide range of issues, including prosecution of hate crimes and abortion clinic violence, employment discrimination, and enforcement of fair lending laws and the Americans with Disabilities Act.

During his tenure, Patrick led the largest criminal investigation prior to September 11th, coordinating state, local and federal agencies to investigate church burnings throughout the South in the mid-1990s.

Patrick returned to private practice in 1997 with the Boston firm of Day, Berry & Howard. That same year, he was appointed by a federal district court to serve as the first chairperson of Texaco’s Equality and Fair-ness Task Force. Working with employees at all levels, Patrick and his Task Force examined and reformed Texaco’s complex corporate employment culture, and created a model for fostering an equitable workplace. Patrick was hired by Texaco in 1999 to serve as Vice President and General Counsel leading the company’s global legal affairs.

In 2001, Patrick joined The Coca-Cola Company as Executive Vice President and General Counsel. He was elected to the additional role of Corporate Secretary in 2002, and served as part of the company’s senior leadership team as a member of the Executive Committee.

Governor Patrick has served on numerous charitable and corporate boards, as well as the Federal Election Reform Commission under Presidents Carter and Ford, and as Vice Chair of the Massachusetts Judicial Nominating Council by appointment of Governor Weld.

The Commonwealth’s first African-American Governor, Deval Patrick came into office with a grassroots mes-sage of hope, community and hard work. By focusing on transparency and inclusion, he hopes to increase accessibility to government and encourage the civic engagement so crucial to shared progress in education, health care, economic development and other issues.

Diane and Deval Patrick have been married for over two decades and have two college-age daughters, Sarah and Katherine. The Patrick family has lived in Milton, in a house on Deval’s high school paper route, for the last 17 years.

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Robyn BeaversDirector, Environmental Programs, Google Reception, MondayRobyn Beavers joined Google in 2004 as a direct report to the co-founders, and went on to create the Green Business & Operations Strategy team through Google’s internal strategy and business operations group. In this position she developed strategy for Google’s investment in renewable energy, incorporated green building elements into Google’s showcase headquarters office, and is responsible for the development and implementation of other environmental programs at the company. Her recent work includes management of the 1.6 MW photovoltaic solar project at Google’s Mt. View headquarters.

Ms. Beavers also serves on the Board of Directors for GRID Alternatives, a non-profit that brings solar elec-tricity and energy efficiency to low-income homeowners while providing community members with training and hands-on experience with renewable energy technologies. Prior to Google, Ms. Beavers was with the energy efficiency consulting firm, Energy Solutions, where she served as Chief Operating Officer for the Cool Roof Rating Council. She has also held internships at the international construction management firm Parsons Brinckerhoff, New York City Parks and Recreation, MTV Networks, and the Campus Architect and Planning Office at Stanford University. Ms. Beavers graduated with a Bachelors Degree in Civil Engineering from Stanford University.

Ian A. BowlesSecretary, Executive Office of Energy and Environmental Affairs, Massachusetts Lunch, MondayIan Bowles, Secretary, Executive Office of Energy and Environmental Affairs in the Deval Patrick administra-tion, has nearly 20 years of experience in the energy and environmental sectors. He was a Director or Advi-sor to three clean energy technologies companies and has broad leadership experience with environmental policy. Bowles served in the Clinton Administration as Associate Director of the White House Council on Environmental Quality and as Senior Director of the Global Environmental Affairs directorate at the National Security Council.

Following his service in the Clinton Administration, Bowles held appointments as a Senior Research Fellow at Harvard’s Kennedy School of Government and as Senior Advisor at the Gordon and Betty Moore Founda-tion, where he oversaw the foundation’s strategic analysis of energy and climate change issues.

In 2003, Bowles served as President and CEO of MassINC, a Boston-based research institute, and as Pub-lisher of CommonWealth magazine. Earlier in his career, Bowles served for eight years in key leadership positions at Conservation International, a national environmental organization focused on biodiversity con-servation. Bowles serves on the Board of Overseers of the Museum of Science and on the Governing Board of the John Adams Innovation Institute. He is co-author of Footprints in the Jungle (Oxford University Press) on the energy and natural resource industries and environmental practices.

He holds an A.B. in economics cum laude from Harvard College and a Masters degree from Oxford University, where he remains an adjunct faculty member at the graduate school of the Environment and Geography.

Kenneth ConnollyVice President of Government RelationsConference Opening, TuesdayKen most recently served as Staff Director at the Senate Environment and Public Works Committee where he advised nineteen Senators on issues including the environment, energy, and infrastructure. As Staff Direc-tor, Ken was responsible for outreach to a variety of constituent groups and stakeholders, including interest groups, state and local governments, industry and the administration. Included among Ken’s many accom-plishments at the committee are the reauthorization of the federal transportation program and passage of the Energy Policy Act of 2005. He also played a key role in Senate passage of the Water Resources Develop-ment Act and Clean Air Act reforms. He was also involved in committee consideration of the President’s Clear Skies proposal and introduction of the first comprehensive clean energy and climate legislation.

Prior to his time at the EPW Committee, Ken served as Legislative Director for Senator Jim Jeffords where he was responsible for advising the Senator on issues before the Committees on Appropriations, Energy, Finance, Foreign Relations, and Health-Education-Labor-Pensions.

Ken also has experience in the Executive Branch, having served as Special Assistant to the Director of En-vironmental Policy during the Clinton Administration. In this capacity, Ken was the lead staffer on the drafting and implementation of executive orders on toxic release reduction and federal procurement of environmen-tally preferred products, and also assisted in the planning and implementation of the President’s Northwest Forest summit and efforts to undertake the “greening” of the White House. Ken worked extensively with the Office of the Vice President, the Office of Management and Budget, the National Economic Council, the Council of Economic Advisors, the Environmental Protection Agency, and the Departments of Energy, Inte-rior, Agriculture and Defense.

Ken received a BA in History and Political Science from the University of Vermont and earned a Master of Public Policy degree from Georgetown University.

Warren LeonDirector, Massachusetts Technology Collaborative Renewable Energy Trust Conference Opening, MondayWarren Leon is Director of the Massachusetts Technology Collaborative’s Renewable Energy Trust (RET), the fund that was created to stimulate the supply of and demand for clean energy as part of the state’s land-mark law deregulating the electric utility industry in 1997. Prior to being appointed RET Director in January 2006, Leon served in other capacities with the organization, first as Clean Energy Program Director and then as Deputy Director of the Trust. He has worked on energy and environmental issues for nearly 20 years. Before joining MTC, he was Executive Director of the Northeast Sustainable Energy Association. Before that, he was Deputy Director for Programs at the Union of Concerned Scientists. He is co-author of the popular book The Consumer’s Guide to Effective Environmental Choices (1999) and also co-authored Is Our Food Safe? A Consumer’s Guide to Protecting Our Health and the Environment (2002). He received his under-graduate degree from Oberlin College in 1972 and a Ph.D. from Harvard University in 1979.

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Panelist Biographies

Jeffrey AltmanPresident, CEO & Director, Hy9Fuel Cells Session PanelistJeff joined Hy9 in 2004 and is steering the internal and external growth of Hy9 Corporation. Previously, he served at The Southern Company (NYSE: SO)/Mirant Corporation and their respective German subsidiaries (Bewag and GASAG), where he was responsible for numerous senior corporate development activities that created substantial value. Prior to that, Jeff co-founded two renewable energy venture capital funds. In addi-tion, he previously spent over five years with Imperial Ventures, Inc., a venture capital subsidiary of Imperial Bank, where he was Interim President of two successful turnarounds and Board Member of five portfolio companies. Jeff earned a B.S., School of Foreign Service, Georgetown University, and an Executive M.B.A., University of Southern California.

Bruce AndersonCEO, Wilson TurboPowerEnergy Efficiency & Management Session Panelist As an authority energy entrepreneur and business executive, Bruce has launched and led five energy enti-ties with total responsibility for overall development from the strategic vision through marketing and sales. Mr. Anderson earned three degrees from MIT and is an active member of the MIT community. Prior to directing Wilson TurboPower, he led the MIT Industrial Liaison Program which created technology alliances between MIT and nearly two hundred Fortune 2000 companies in twenty-two countries.

Abi BarrowDirector, Massachusetts Technology Transfer CenterConference Co-ChairDr. Abigail Barrow is the Founding Director of the Massachusetts Technology Transfer Center (MTTC). She is responsible for the overall management of the MTTC and the development of its programs. Prior to join-ing the MTTC, Dr. Barrow served as managing director of William J. von Liebig Center at the University of California San Diego (UCSD). The von Liebig Center was created in 2001 to support the commercialization of research being performed in the UCSD Jacobs School of Engineering. She has also served as a mem-ber of the board of directors of the Center for the Commercialization of Advanced Technologies Consortium (CCAT), which assisted in the identification and commercialization of technologies in the area of crisis and consequence management and received more than $25 million in federal funding from the Office of Naval Research.

Dr. Barrow worked in a variety of roles at UCSD CONNECT from 1990 to 2001. At CONNECT, she developed and expanded many of its programs to support early-stage company formation and technology commercial-ization. The CONNECT program is now internationally recognized and has been successfully replicated in other regions of North America and in Europe.

Dr. Barrow is on the board and is Chair of the Massachusetts Office of International Trade and Investment (MOITI) and is on the board of the National Collegiate Inventors and Innovators Alliance (NCIIA). In addition, she is a Fellow of the Beyster Institute at the Rady School of Management at UCSD.

Dr. Barrow received her Ph.D. from the Science Studies Unit and a B.Sc. in Mechanical Engineering from the University of Edinburgh.

Travis BradfordFounder, President & Director, Prometheus Institute for Sustainable DevelopmentSolar Session ChairMr. Bradford founded the Prometheus Institute in 2003 as a means to connect the vast reach and power of industrial and capital markets with the technologies necessary to sustain and develop long-term economic well-being for people around the world. He is currently the Editor-in-Chief of PVNews, the solar energy industry’s oldest newsletter, and is the author of Solar Revolution: The Economic Transformation of the Global Energy Industry published by MIT Press. He is also a partner at Atlas Capital, a hedge fund based in Cambridge, MA.

Brad BradshawPresident, Velerity Management ConsultingPresident, Massachusetts Hydrogen CoalitionExecutive Committee Member & Director, New England Clean Energy CouncilConference Co-ChairMr. Bradshaw is a senior executive who helps organizations define and implement high performance strate-gies. Mr. Bradshaw has focused most of his career in the energy industry, spanning electric and gas utility strategies, renewable energy, energy services, and energy management. Mr. Bradshaw also founded and is President of the Massachusetts Hydrogen Coalition, focused on building jobs and investment in the hy-drogen and fuel cell industry. Mr. Bradshaw also co-founded the New England Clean Energy Council, an industry association focused on significantly accelerating the development of the clean energy economy in New England. He also co-hosts the annual Conference on Clean Energy, a multi-day regional conference focused on addressing the commercial interests of companies in the clean energy cluster. Illustrative con-sulting engagements include: developing a near term market and business plan for an advanced membrane technology company; developing the commercialization strategy for an innovative emissions control process coupled with low cost hydrogen generation; and realigning the product and market focus of an advanced energy storage technology company. Mr. Bradshaw has a Bachelor of Arts degree from Dartmouth College with a major in engineering, and an MBA from Babson College.

Scott BrownCEO, New Energy CapitalProject Finance Session PanelistScott Brown has more than 20 years of entrepreneurial management experience leading start-up service and energy companies. After consulting with Bain & Company in the early 1980s, he joined the founding man-agement team of First Solar in 1988, one of the first thin film photovoltaic manufacturers in the U.S. He left First Solar in 1989 to become President and CEO of Glasstech Solar, Inc, a manufacturer of semiconductor equipment for the photovoltaic industry. Previously, Mr. Brown had been a consultant to Whitney & Co., a $4 billion private equity company, evaluating investments in renewable energy markets, including a photo-voltaic industry component manufacturer and a wind energy finance start-up. Mr. Brown is a member of the National Advisory Board of the National Renewable Energy Laboratory. He holds a B.A. from Dartmouth College and a J.D. from Harvard Law School.

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Christopher CookSenior VP, Regulatory Affairs and New Markets, Sun EdisonSolar Session PanelistMr. Cook is widely regarded as one of the most accomplished lawyers in the renewable energy field. While working with the Maryland Public Utility Commission, Cook negotiated power purchase contracts regularly with electric utility companies. Today, he is the consultant of choice for the solar energy industry to negoti-ate renewable portfolio standards, interconnection agreements, and other relevant regulatory issues in the renewable energy sphere. Cook earned his BS in Electrical Engineering from Virginia Polytechnic Institute and State University and holds a JD from University of Maryland. Sun Edison LLC is North America’s leading solar energy services provider.

Brooke ColemanFounder, Renewable Energy Action Project (REAP)BioFuels Session Chair Brooke Coleman is the founder of the Northeast Biofuels Collaborative (www.nebiofuels.org) and co-founder of the New Fuels Alliance. He is also the founder of the Renewable Energy Action Project, or REAP (www.reapcoalition.org) - a national coalition of organizations promoting renewable energy use. Mr. Coleman has been involved with transportation fuels at the regulatory and policy making level in California and other states since 1998, first as the Clean Fuels and Climate Change Director for Bluewater Network and later as the director of REAP. He led a national campaign to ban the gasoline additive MTBE, and currently promotes re-newable fuels as a viable, near-term strategy to address petroleum dependence and global climate change. Mr. Coleman is a graduate of Wesleyan University, the Northeastern University School of Law, and is a mem-ber of the Massachusetts State Bar.

Dennis R. CostelloManaging Director, Braemar Energy VenturesVenture Capital Session PanelistDennis R. Costello has more than 30 years of experience in the energy and venture capital industries. Mr. Costello was previously a partner with Advent International, an international private equity firm where he rose to be Chief Investment Officer for North America. He was personally responsible for 23 investments, 10 of which were in the energy area. Mr. Costello was also a managing director in Rock Maple Ventures an early stage technology venture fund in Boston and started in the venture capital industry as a general partner of Zero Stage Capital of Pennsylvania. Before embarking on a career in venture capital, Mr. Costello was the first Executive Director of the Colorado Advanced Technology Institute (“CATI”) in Denver, Colorado. Mr. Costello began his career in alternative energy, with positions as a project manager at Midwest Research Institute and a member of the original staff of the National Solar Energy Research Institute (“SERI”), which is now the National Renewable energy Laboratory (NREL). During that period, Mr. Costello published numer-ous papers and articles on the economic and market issues of solar energy commercialization. He is also the author of the Dow-Jones Irwin book, New Venture Analysis: Research, Planning and Finance and served on the Board of Directors of the New England Venture Capital Association from 1997-1999. He was a founder and Chairman of the MIT Enterprise Forum of Colorado and he remains active with the national MIT Enter-prise Forum. Mr. Costello holds a Master of Science degree in business from the Massachusetts Institute of Technology, where he was an Alfred P. Sloan Fellow. He also holds a M.A. in economics from Ohio State University and a B.A. in economics from the State University of New York (SUNY), College at Fredonia.

Steve Cowell Chairman & CEO, CSG GroupEnergy Efficiency & Management Session PanelistStephen L. Cowell founded Conservation Services Group (CSG) in 1984 and serves as the organization’s chairman and chief executive officer. Mr. Cowell has been the founder and director of numerous energy ef-ficiency and renewable energy organizations during his career.

For the past 30 years, Mr. Cowell has been involved in conservation programs around the country and has successfully advocated for energy efficiency as an electric power supply option. He has helped create and build the industry through sound public policy, legislation, development of utility company programs, and establishment of trade ally networks and delivery of cost-effective residential and commercial and industrial energy efficiency programs. Under Mr. Cowell’s leadership, CSG has designed and implemented conserva-tion and renewable energy programs for utilities, state agencies, and other groups throughout the U.S. and has provided water and power conservation services to over one million businesses and households.

Steve is a graduate of Brown University and completed graduate coursework at Boston University.

Nick d’ArbeloffCo-Executive Director, New England Innovation CollaborativeProject Finance Session ChairAs Executive Director for NEEIC, Nick is responsible for shaping and managing all of the organization’s programs and activities. Before joining NEEIC, he was the founder and CEO of Conjoin, an enterprise soft-ware company acquired by Intranets.com. Previously, Nick was co-founder and VP of Marketing for Wildfire Communications, a telecommunications software company acquired by Orange PLC. Earlier in his career, he served as Vice President of Marketing for C-bridge Internet Solutions, Director of Marketing for PRI Auto-mation, and Product Manager for Apollo Computer. Nick is a representative of The Climate Project, trained by former Vice President Al Gore to educate audiences about the science underlying global climate change. He serves on the Board of the Carlisle Conservation Foundation and chairs the Estabrook Council, both of which are focused on preserving forest and open space in areas north of Boston.

He is also the author of A More Perfect Planet, a novel, to be published in 2007.

Nick holds a BA from Georgetown University.

Rob DayPrincipal, @VenturesVenture Capital Session PanelistRob Day joined @Ventures in 2007, and operates out of the firm’s Boston-area office. He currently holds an observer seat on the board of directors of Powerit Holdings, Inc.

Prior to joining the @Ventures, Rob was an investor with Expansion Capital Partners for over two years, where he was an investment principal responsible for various aspects of that firm’s clean technology venture capital activities, including investments in Tiger Optics, SensorTran, Orion Energy Systems, and World En-ergy Labs.

Rob was formerly a consultant with Bain & Company, where he worked with companies and evaluated pri-vate equity transactions in the energy/ utilities, telecom, IT, health care, and retail industries. Earlier in his career, Rob was also a founding member of the World Resources Institute’s Sustainable Enterprise Program, where he developed partnerships with companies across a wide range of industries to develop new business opportunities with economic, environmental and social benefits. Rob is the co-author of The Next Bottom

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Line: Making Sustainable Development Tangible, co-leads the Renewable Energy Business Network (www.rebn.org), and authors the website Cleantech Investing (www.cleantechvc.com). Rob received his MBA at Kellogg Graduate School of Management (Northwestern University), and his BA at Swarthmore College.

Mark FarberVice President, Strategic Planning, Evergreen Solar Solar Session PanelistMark Farber, co-founder of Evergreen Solar, assumed the position of Vice President in December 2003. He had served as President and as a director since August 1994 and was elected the first CEO in May 2000.

Mr. Farber has over 25 years of experience in the energy industry. Most recently, Mr. Farber worked for six years at Mobil Solar Energy Corporation, the solar power division of Mobil Corporation, where he was re-sponsible for marketing, sales and corporate partnering activities. Previously, Mr. Farber spent 12 years at Temple, Barker and Sloane, now Mercer Management Consulting, as a management consultant, where he advised electric utilities, equipment manufacturers and government agencies on economic, business and policy issues related to energy.

Mr. Farber received a B.S. in Industrial Engineering and Operations Research from Cornell University and an M.S. in Management from the Sloan School of Management of the Massachusetts Institute of Technology.

Lisa FrantzisManaging Director, Renewable & Distributed Energy, Navigant ConsultingSolar Session PanelistLisa Frantzis is a Managing Director of Renewable and Distributed Energy at Navigant Consulting, and was previously with Arthur D. Little. She has 27 years of experience in managing technical, market, and economic analyses of renewable energy systems to support strategic decisions and due diligence for clients. Her cli-ents include equipment manufacturers, oil companies, developers, utility companies, investors, and govern-ment agencies. She is on the Board of Directors for the American Council on Renewable Energy and was recently a Vice President of the Solar Energy Business Association of New England.

Steve GattoChairman & CEO, BioEnergy InternationalBioFuels Session PanelistMr. Gatto has over 14 years of industry experience. He is a pioneer in the development of new technolo-gies to use organic wastes as a feedstock to produce ethanol and specialty chemicals. Steve has promoted benefits of renewable fuels technology and use of biomass resources to produce ethanol through numerous appointments to various Presidential, Congressional and U.S. DOE / DOA committees. Mr. Gatto was ap-pointed by Presidents Clinton and Bush in 2000 and 2002 to Biomass Research & Development Technical Advisory Committee; appointed to a Biofuels Ad-hoc Committee chaired by Senator Diane Fienstein. He also assisted in the drafting of key aspects of the Energy Policy Act of 2005. Steve founded BC International which developed milestone patent number 5,000,000 in cooperation with Dr. Lonnie Ingram and the Univer-sity of Florida.

Peter Girguis Professor, Harvard University, and co-founder of Fiat LuxUniversity Startup Session PanelistPeter Girguis is Assistant Professor of Biology in the Department of Organismic and Evolutionary Biology at Harvard University. He is also co-founder of Fiat Lux, a company that has developed a small, robust and inexpensive electricity generator that harnesses energy from natural fuels. Peter earned his PhD in Ecol-ogy, Evolution and Marine Biology from the University of California Santa Barbara in 2000 and his B.Sc. in Physiology and Marine Biology from the University of California Los Angeles in 1994.

Daniel P. GoldmanExecutive Vice President and CFO, GreatPoint EnergyProject Finance Session PanelistDaniel Goldman is GreatPoint Energy’s Executive Vice President and Chief Financial Officer responsible for all corporate capital raising and project finance, internal corporate accounting, controls, cash and treasury functions as well as risk management, compliance and strategic planning. He brings 20 years of energy industry experience in strategy, project development and finance, as well as private equity and early stage venture capital investment.

Prior to joining GreatPoint Energy in July, 2006, he was a founder, Chief Financial Officer and a member of the Board of Directors of New Energy Capital Corp., one of the first investment companies focused exclu-sively on investments in clean energy projects (renewable energy, renewable fuels and distributed genera-tion). Mr. Goldman developed New Energy Capital’s clean energy project investment strategy, formed the company and built the team, and raised $60 million from a $3 billion venture capital firm, and the California State Teachers’ Retirement System (CalSTRS), the nation’s third largest public pension system. He oversaw New Energy Capital’s eight investments from its formation in July, 2004, including development of and equity participation in three ethanol projects.

From 1996-2001, Mr. Goldman held regional and corporate senior management positions in Hong Kong and Boston at InterGen, a leading power generation company co-owned by the Bechtel Group and Royal/Dutch Shell. While at InterGen, he was actively involved in over $4 billion of project development, acquisitions and non-recourse financings, and also played a key role in strategy formulation and operational management of the global business. Prior to InterGen, he held positions of increasing responsibility as a senior member of the global energy consulting team at Arthur D. Little in Cambridge and Singapore from 1989-1996, including Director of the Asia Pacific Energy Consulting practice from 1992-1996.

Mr. Goldman recently co-founded and launched an energy efficiency investment fund in combination with MMA Renewable Ventures. He is a founding investor in several clean energy technology companies, a co-founder ofEnvironmental Entrepreneurs in New England (www.e2.org), a founding member and advisor of the New England Clean Energy Council, and a founding member of the MIT Enterprise Forum’s Energy Group (www.mitforumcambridge.org). He is a current Board observer at Seahorse Power Company, Inc. and he was a past Board member of Solar Works, Inc. Mr. Goldman serves on Cornell University’s Business Advisory Council.He received a B.S. from Cornell and a M.Sc. from the London School of Economics.

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Paul Gromer President, Peregrine Energy GroupEnergy Efficiency & Management Session ChairFounded in 1992, Peregrine’s President is a former Commissioner of Energy Resources for the Common-wealth of Massachusetts. He is also a former Chairman of the Massachusetts Energy Facilities Siting Coun-cil, where he had regulatory responsibility for the siting of electric generating plants. Mr. Gromer is a gradu-ate of Middlebury College and Harvard Law School.

Jim GordonPresident, Cape WindWind Session PanelistCape Wind’s developer is Energy Management Inc. (EMI); a New England based energy company with 28 years of experience in energy conservation and energy development. In 1975, Jim started EMI and over the ensuing years would build EMI into one of the most successful privately held independent power companies in America. He recruited and managed a team of dedicated and highly motivated professionals that were able to complete the myriad and complex tasks of creating state of the art power projects. Jim’s sense of tim-ing and grasp of political and regulatory directions allowed EMI to develop some of New England’s first gas fired cogeneration and independent power projects as well as the first generation of merchant electric plants in the United States. Prior to founding EMI, Jim worked for Warner Communications Corporation. Jim is a graduate of Boston University’s School of Public Communications.

Tim HealyCEO and Co-Founder, EnerNOC Energy Efficiency & Management Session ChairAs CEO, Co-Founder, and Chairman of EnerNOC, Mr. Healy has guided the company’s strategic course since its inception in 2001. Under his leadership, EnerNOC has experienced exponential growth in size, ca-pacity, and revenue, significantly expanding into untapped markets across the United States and diversifying from demand response to total energy management. Today, EnerNOC is the premiere full-service energy management provider with unparalleled performance and services.

Prior to EnerNOC, Mr. Healy worked in the Energy Technology Laboratory for Northern Power Systems, Inc., a firm that has integrated over 800 distributed power systems and related equipment for customers through-out the world. Tim also held positions with Merrill Lynch, International Fuel Cells (now UTC Fuel Cells), and Commonwealth Capital Ventures, an early stage technology venture capital firm in Wellesley, MA, and co-founded Student Advantage, which went public in 1999.

Mr. Healy graduated from Dartmouth College with a Bachelor of Arts in Government and Economics and received his Master of Business Administration from the Tuck School of Business at Dartmouth.

John HoweVP, Public Affairs, VereniumBioFuels Session PanelistJohn B. Howe is Vice President, Public Affairs of Verenium Corporation. Verenium is a leading developer of specialty enzymes and cellulosic ethanol process technology. In this capacity he is responsible for the company’s government and industry outreach efforts. Before joining the Company in November 2006, he was Vice President, Electric Industry Affairs at American Superconductor, a power technologies developer. Earlier in his career he served as Chairman of the Massachusetts Department of Public Utilities (1995-97),

where he spearheaded early stages of that state’s process for restructuring the operations of its electric and natural gas utilities. He also was responsible for regulatory and government affairs for J. Makowski Associ-ates Inc., one of the leading independent energy project developers in the northeastern United States. Mr. Howe has held leadership roles in several energy-related organizations. He holds degrees from Amherst College and the Fletcher School of Law and Diplomacy at Tufts University.

Radha JalanPresident and CEO, ElectroChem Inc.Fuel Cells Session Moderator Dr. Radha Jalan is the President and CEO of ElectroChem Inc., in Woburn, MA. ElectroChem is a world renowned, leading fuel cell company for the development and commercialization of fuel cell and hydrogen technologies. ElectroChem’s on-line store, www.fuelcell.com has more than 300 product offerings, many of them manufactured with company’s proprietary technologies. ElectroChem has been developing technolo-gies since 1986, mainly funded by government agencies, such as NASA, DOE, DOD, NSF, and also with some private corporations.

Prior to assuming the leadership of ElectroChem in 1992, Dr. Jalan worked as an educational consultant for institutions like Museum of Fine Arts, Science Museum, Educational Development Center, Arthur D. Little, Digital, and many other State and educational institutions. Dr. Jalan helped in designing programs, offered workshops, and training in the areas of Cultural Diversity, Doing Business Overseas, and outreach to Ethnic Communities.

Harley C. LeePresident, Endless Energy CorporationWind Session PanelistHarley Lee is founder and president of Endless Energy Corporation, a wind farm development firm special-izing in New England sites. He has been in the wind energy field since 1979. Mr. Lee started his wind energy work in Washington, DC., consulting for the Department of Energy and private sector clients. He founded Endless Energy in Maine in 1987. Mr. Lee has experience in all facets of developing wind farms including power contracting, land acquisition, meteorology, permitting, finance, and design. Endless Energy Corpora-tion was the first wind farming company in the US to win a power contract in a competitive bid, installed 50 kilowatt wind turbine in Orland, Maine in 2001, and is now developing the Black Nubble wind farm in Maine and the Equinox wind farm in Vermont. He received a BA degree in economics from the University of the South and an MBA from Duke University

Susan LeschineProfessor, University of Massachusetts Amherst, and co-founder of SunEthanolUniversity Startup Session PanelistSusan Leschine is a Professor of Microbiology at the University of Massachusetts, Amherst, and a Founder and Chief Scientist at SunEthanol, a biofuels technology company headquartered in Amherst. Susan earned a Bachelor’s Degree in Biology and a Ph.D. in Biophysics and Microbiology at the University of Pittsburgh. She conducted postdoctoral research on biomass-decomposing microbial communities at UMass Amherst, research that led to the isolation of cellulose-fermenting clostridia and studies of their role in the global carbon and nitrogen cycles. Presently, research in her laboratory on the UMass Amherst campus involves studies of bacteria that decompose cellulose and other components of biomass, research that has formed the basis for SunEthanol’s Consolidated BioProcessing technology.

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David MarkusCEO & Director, General CompressionWind Session PanelistDavid has been a wind energy investor since 2002. He is the Managing Partner of Chestnut Capital, which is a partner, investor, or shareholder in several wind energy developers, including Ridgeline, Midwest Renew-able, NedPower, Greenlight, Windworks, Foresight, and the Clean Power Income Fund. Many of these enti-ties have since been sold to larger European power companies, including Shell, Iberdrola, and BP. Chestnut capital has also invested in numerous wind energy technologies, including Princeton Power, Fallbrook Tech-nologies, and Mechanology. In addition, Chestnut has invested in several Clean Tech/ Green Energy Compa-nies, including Seahorse Power, Protonex, Metabolix, GreenFuel, Wilson TurboPower, Verdant Power, and Geo2. Chestnut is also an LP in the Mass Green Energy Fund and two energy funds at Carlyle/ Riverstone. David is also the founder and former CEO of APEX Property Exchange, a financial services firm he founded in 1989 and sold to JPMorgan in 2002. APEX processed over B$25 per year in like-kind exchange transac-tions for its clients. David is a Magna Cum Laude graduate of Princeton University. He is a Trustee of the Boston Children’s Museum.

Jim MathesonGeneral Partner, Flagship VenturesVenture Capital Session PanelistJim joined Flagship Ventures in 2000 and focuses on new ventures in the IT and special technology (e.g. nano-technology, specialty materials, and energy) arenas. He brings to this task 20 years of technology and leadership experience across a variety of organizations and roles designing, engineering and deploying so-phisticated technology platforms. Jim formerly served as a Navy fighter pilot including duties flying combat missions from aircraft carriers, and as a TOPGUN Instructor. He also gained broad experience in emerging weapons system design, testing and procurement, and was deeply involved in many of the military’s IT mod-ernization initiatives.

Jim earned an MBA from The Harvard Business School, and a Bachelor of Science (with honors) from the United States Naval Academy and he continues to serve as a Commander in the US Naval Reserves. He serves on the boards of Flagship portfolio companies Avidimer Therapeutics, e-Dialog, Genstruct, Mascoma Energy Corporation, Tira Wireless and Trusted Network Technologies, and is Chairman of the Board of Ze-gen. He was previously a director of Yantra (acquired by Sterling Commerce / SBC) and Flamenco Networks (acquired by SOA Software). Jim is on the Board of New York-based hedge fund Black Horse Capital, Com-mon Impact (a non-profit providing IT services to other non-profits), and the Center for Women & Enterprise, and is actively involved in numerous entrepreneurial and venture capital organizations including the MIT Enterprise Forum, The Deshpande Center, and The Service Academy Business Network.

Charles MyersDirector of Marketing, Nuvera Fuel CellsFuel Cells Session PanelistCharlie Myers is Director of Marketing at Nuvera Fuel Cells and the Global Market Leader for the company’s PowerTap™ Hydrogen Generation product line. While a member of Nuvera’s strategic planning and busi-ness development team, Charlie is also responsible for managing the global OEM/partner relationships for commercial and industrial hydrogen generation systems in Europe.

Prior to working for Nuvera, Charlie was Vice President of Sales and Marketing for Iwaki Americas, an inter-national manufacturer of fluid and air-handling pumps. He was instrumental in growing sales for the North

American operation. Charlie has been involved with the power industry since 1978 and active in the fuel cell industry since 1999.

In addition, Charlie served 12 years on Hydraulic Institute technical standards committees. He is also a con-tributing author of ASME and API national standards and has published a variety of technical articles on the application and design of pump and filtration equipment.

Charlie holds an Executive MBA from Saint Mary’s of Moraga, Moraga, California, and a BS degree. He is also a member of the Massachusetts Software and Internet Council.

Matthew M. Nordan President, Lux Research Inc.Venture Capital Session PanelistMatthew Nordan is the President of Lux Research. Under Matthew’s leadership, the Lux Research analyst team has become a globally recognized authority on the business and economic impact of emerging tech-nologies. Lux Research serves as an indispensable advisor to corporations, start-ups, financial institutions, and governments seeking to exploit science-driven innovation for competitive advantage.

Matthew has delivered advice to clients and been an invited speaker at conferences in North America, Eu-rope, Southeast Asia, Japan, Australia, and South Africa. Beyond the corporate sphere, Matthew has testi-fied before the U.S. Congress three times on emerging technology issues, advised the Committee to Review the National Nanotechnology Initiative of the National Academies, and been an invited speaker at universi-ties including Harvard, MIT, and Columbia. He has also participated in developing public-sector technology strategy for organizations including the World Economic Forum, the European IT Observatory, and the Dutch transportation ministry. Matthew has been frequently invited by news outlets including CNN and CNBC to comment on emerging technology markets and has been widely cited in publications such as The Wall Street Journal and The Economist.

Matthew has counseled decision-makers on technology change for a decade. Prior to Lux Research, Mat-thew held a variety of senior management positions at emerging technology advisor Forrester Research, where he headed the firm’s North American consulting line of business. Earlier, Matthew lived for four years in the Netherlands growing Forrester’s operations in Europe, where he launched and led research practices in a variety of vertical industries.

Matthew is a summa cum laude graduate of Yale University, where he conducted cognitive neuroscience research on the neural pathways mediating emotion and memory.

Michael J. NaughtonProfessor, Boston College, and co-founder of SolastaUniversity Startup Session PanelistMichael J. Naughton is Professor and Chairman of the Department of Physics at Boston College, and Chief Technology Officer of Solasta Inc. His Ph.D. is from Boston University in 1986, and he did a postdoc at the University of Pennsylvania’s Laboratory for Research on the Structure of Matter before moving to the faculty of SUNY Buffalo. He joined Boston College Physics in 1998 and became chairman in 2006, after serving for one interim year as Associate Vice President for Research. Naughton is an APS Fellow, a past NSF Young Investigator, and a past member of the Executive Committee of the APS Division of Condensed Mat-ter Physics (DCMP). An experimentalist with over 150 publications and 20 patents, Naughton’s research concentrates on experimental condensed matter & materials physics and nanoscale integrated science. His particular interests lie in low dimensional electron physics. He has cofounded two technology companies, most recently Solasta Inc., a venture-backed solar energy concern based in Newton, Mass. that is capital-izing on his and his BC colleagues’ recent inventions relating to the manipulation of light on the nanoscale.

28 � Biographies


Biographies � 29


Gerard P. O’ConnorPartner, Foley Hoag LLPVenture Capital Session ModeratorJerry O’Connor has a wide-ranging business law practice that focuses on corporate finance transactions, mergers and acquisitions, securities law and intellectual property matters. He represents clients in a variety of industries, including software and information technology, advanced and renewable energy, manufactur-ing, pharmaceuticals, venture capital and professional services.

Jerry represents buyers and sellers of public and private companies. He assists early-stage companies with formation, securities offerings, employment and intellectual property issues. He advises public companies and their directors and officers on securities law, Sarbanes-Oxley compliance and reporting obligations.

Jerry’s practice has particular emphasis on advising early stage software and energy technology companies, representing them in negotiating and carrying out strategic alliance and joint venture agreements.

Uday PalProfessor, Boston University University Startup Session PanelistUday Pal is Professor and Chair Ad Interim of the Department of Manufacturing Engineering at Boston Uni-versity. His research focuses on fuel cells, sensors, membrane separation, batteries, and green manufac-turing processes. Driven toward what he terms “Clean Energy and Sustainable Technologies,” Professor Pal emphasizes the need for clean energy conversion and sustainable growth through technological innovation in his classes. He earned his B.S. in Metallurgy from the Indian Institute of Technology in 1980 and his Ph.D. in 1984 from Pennsylvania State University in Materials Science and Engineering. Prior to joining Boston University in 1998, he was a faculty member for seven years in the Materials Science and Engineering De-partment at MIT and senior scientist for four years at Westinghouse Research and Development Center. He has authored and co-authored over 100 technical publications and holds 21 patents.

Scott A. PearsonChief Executive Officer, Protonex Technology Corp.Fuel Cells Session PanelistMr. Pearson has over 15 years of experience leading a wide range of technology-based companies and organizations. His management experience includes start-up companies, turnaround situations, acquisition integrations, and large commercial and institutional firms. Mr. Pearson’s professional experience spans a broad range of industries including uninterruptible power systems (UPS), electric vehicles, electronics as-sembly equipment and materials, digital imaging, and defense systems. Most recently, as President, Ameri-cas of Powerware Corporation (a leading UPS provider), Mr. Pearson oversaw a $480 million operation, significantly increasing its market share, profitability and cash flow. Mr. Pearson holds an M.B.A. from MIT’s Sloan School of Management, an M.S. in Mechanical Engineering from MIT, and a B.S. in Mechanical Engi-neering from the University of Massachusetts.

Linda S. PlanoAssociate Director, Massachusetts Technology Transfer CenterConference Co-ChairLinda is the Associate Director of the Massachusetts Technology Transfer Center (MTTC), an organization dedicated to the commercialization of technologies developed in the state’s nonprofit research institutions. The MTTC has a number of programs designed to support entrepreneurs, including technology showcases such as the Conference on Clean Energy (which is being co-hosted with the Massachusetts Hydrogen Coali-tion and the Energy Special Interest Group (ESIG) of the MIT Enterprise Forum), Platform events in which entrepreneurs pitch their ideas to a small, hand-picked audience of investors and industry professionals for strategic feedback, and semiannual awards programs to provide marketing and prototype development funds.

Linda is committed to the development of the Clean Energy Cluster in Massachusetts and New England . To that end, she helped co-found the ESIG as well as serving as chair of the Ignite Clean Energy (ICE) Business Presentation Competition for the last two years. She is also a Visiting Scholar at the Laboratory for Energy and the Environment (LFEE) at MIT for her work in the development of a Congressional briefing on technol-ogy issues relevant to oil policy. Dr. Plano did her undergraduate work in Physics at MIT, and earned her PhD at Stanford University in Materials Science and Engineering.

Robert L. PrattSenior Vice President - Climate Change/EnergyProject Finance Session PanelistRob Pratt is Senior Vice President of the Henry P. Kendall Foundation, heading up the Foundation’s climate change program. By catalyzing “massive energy efficiency implementation” in New England through pro-grams such as the $100 million, 5 year program in Cambridge, Massachusetts, as well as advocating cutting edge, clean energy policy development, the Foundation hopes to demonstrate that significant greenhouse gas emissions can be reduced in the short to mid-term. Rob formerly served as Director of the Massachu-setts Technology Collaborative’s Renewable Energy Trust (RET), the $250 million fund through which he developed a series of innovative programs designed to promote the use of clean energy technologies and build investment in the state’s renewable energy industry.

Mr. Pratt is Chairman of the board of the International Institute for Energy Conservation (IIEC), promoting energy efficiency policies and their implementation in developing countries, a non-profit organization that he founded in 1984. He serves as Treasurer and is on the board of the Alliance to Save Energy (ASE), the largest non-profit organization in the U.S. solely dedicated to the promotion and acceleration of energy ef-ficiency. Rob is on the board of the Clean Energy States Alliance (CESA), the organization of 17 renewable energy state funds; and is Chairman Emeritus and a member of the Advisory Board of the American Council On Renewable Energy (ACORE), a non-profit organization based in Washington, D.C. focused on bringing renewable energy into the economic mainstream in the U.S. He also serves on the board of the Cambridge Energy Alliance.

Prior to directing the Renewable Energy Trust, Mr. Pratt was the founder, Chairman and Chief Executive Officer of Energia Global International, Ltd. (EGI), one of the leading renewable energy companies in Latin America. Founded in 1991 as a startup, EGI (now Enel Latin America) became a major development com-pany in the region, with hydroelectric, wind and distribution assets in Costa Rica, Guatemala, El Salvador and Chile Mr. Pratt received an MPA degree from the John F. Kennedy School of Government at Harvard University, a JD degree from Georgetown University Law Center, and a BA degree in government with high honors from Wesleyan University.

30 � Biographies


Biographies � 31


Michael RaabPresident & CEO, AgrividaBioFuels Session PanelistMichael is a founder and acting CEO of Agrivida. Prior to Agrivida, Michael worked at the Merck Research Laboratories in a broad range of senior operating roles where he was involved in vaccine development, large scale fermentation and cell culture, and molecular biology research. Mr. Raab has a B.S. in chemical engineering from the University of Wisconsin-Madison and is originally from the state of Minnesota, which, he is quick to note, is one of the largest ethanol producing states. He has a Ph.D. in Chemical Engineering from MIT.

John G. RavisVice President, TD Banknorth Project FinanceProject Finance Session PanelistJohn Ravis is Vice President of Project Finance at TD Banknorth. For the past 12 years, TD Banknorth has been a leader in financing projects in the renewable energy and renewable fuels sectors as well as in related industries. Currently, TD Banknorth’s portfolio includes investments in wind, geothermal, hydro, landfill gas, biomass, solar PV electric production, combined cycle natural gas, coal, and ethanol projects.

Mr. Ravis has over 18 years of experience in energy project financing. He joined TD Banknorth in 2005. Prior to joining TD Banknorth, he was a Vice President at EnCapital, a Boston-based investment bank ad-vising clients in developing and financing renewable energy projects. Previously, Mr. Ravis was the Senior Vice President and Chief Underwriter for ABB Energy Capital, where he managed a group financing projects in the renewable energy, power generation, and energy infrastructure sectors. Mr. Ravis has also worked in Project Finance at Raytheon Engineers and Constructors, Constellation Energy and ABB/Combustion Engineering.

Mr. Ravis received a BS in Engineering and an MBA, both from the University of Michigan.

Matthew RichardsManaging Director, DanePartnersJob Fair ChairMatthew Richards founded DanePartners to provide effective, streamlined recruiting services to renewable and clean energy companies. DanePartners manages the full recruiting process, including diagnosing your company’s recruiting needs, prescribing a strategy and plan to meet those needs, and executing the plan to achieve critical hiring goals.

Matthew has more than 10 years of recruiting and executive search experience in retained search firms, high-growth technology companies, and a global technology and strategy consulting firm, with a trackre-cord of helping his clients to build effective leadership teams. In addition Matthew founded the TiE EC SIG (TiE Energy & Cleantech Special Interest Group), and serves on the steering committees for several New England-based clean energy organizations, with the collective mission to enable the formation of the New England clean energy cluster

Walter SassPresident, Chief Engineer, Principal, Second Wind, Inc.Wind Session PanelistMr. Sass has been president of Second Wind, Inc. since founding the company with Kenneth Cohn in 1980. Sass’s technical marketing and leadership led to the industry’s first wind-specific data logger in 1981, the first third-party wind farm supervisory system in 1984. For successive generations of each since then, Sass has presented and moderated at American Wind Energy Association conferences. He has a BSEE from Tufts, and did graduate work at URI, UMass-Amherst and Northeastern.

Keren SchlomyEnergy Services Attorney, Rubin and RudmanWind Session ModeratorMs. Schlomy practices in the areas of Energy and Environmental Law, specializing in renewable energy de-velopment. She appears before local, state and federal agencies. Keren is a graduate of State University of New York Albany and Northeastern University Law School, J.D.

Gary D. SimonPresident and CEO, Acumentrics CorporationFuel Cells Session PanelistMr. Simon is President and CEO of Acumentrics Corporation, a manufacturer of rugged uninterruptible power supplies for all branches of the military and of innovative new fuel cells that run on conventional and alter-native fuels. Gary also serves as President of Sigma Energy Group, a clean technology investment and advisory firm. He serves on the Boards of Capstone Turbine, SmartPower and Rentricity, as well as the Sac-ramento Area Regional Technology Alliance, and the McCllellan Technology Incubator. He has a broad-rang-ing 33-year career in both Fortune 500 companies and in small start-up businesses, in consulting to major energy companies worldwide, and in government service.

Prior to Acumentrics, Mr. Simon was the Senior Vice President of corporate strategy and business develop-ment at Northeast Utilities, where he had responsibility for corporate R&D as well as for business planning and strategic M&A transactions. In that position, Gary had a major role in over $2.5 billion of transactions, was the head of corporate venture investing, and was a member of the senior management committee. He was responsible for analysis of markets, competitors, new business ventures, acquisition targets and busi-ness unit performance. Previously, Gary was Senior Director and head of the Global Power Practice for Cambridge Energy Associates (CERA) for nine years, where he provided advice on the future directions of the industry and the sources of strategic advantage, including the emergence of new technologies, the cyclical forces in commodity markets, the evolution of deregulation, and the impact of new environmental regulations.

Earlier, Mr. Simon was Vice President of sales and marketing for El Paso Natural Gas Company. Mr. Simon also served for four years as the head of forecasting and planning for the California Energy Commission and five years as senior consultant to the energy committees of the California State Assembly. Mr. Simon has a master’s degree from the University of California, Davis, and a bachelor’s degree from Indiana University.

32 � Biographies


Biographies � 33


Colin SouthPresident, MascomaBioFuels Session Panelist Dr. South has held leading world-wide technology and management-focused positions for companies in en-gineering, genetics and marketing arenas. He has over ten years of bioprocess design, construction and op-eration experience in the biotech industry acquired while with BioMetics Consulting. He was the former CEO of ViaLactia Biosciences, a gene discovery and commercialization company and was Fonterra Co-operative Group’s General Manager of Health and Nutrition in Auckland, New Zealand. Dr. South received a bache-lor’s degree in Chemical Engineering from the University of Canterbury, Christchurch, New Zealand and both an ME in Engineering Management and a Ph.D. in Bioprocess Engineering from Dartmouth College.

Bic StevensManaging Partner, Ardour Capital InvestmentsUniversity Startup Session ModeratorBic Stevens is a Managing Partner of Ardour Capital Investments, a research and investment banking firm focused solely on alternative energy and clean technology companies. Previously, Bic was a Managing Director at Zero Stage Capital, where he was involved in its alternative energy and clean technology invest-ments. He was previously the founder and President of Eastech; a Boston-based early stage venture fund, and was a Vice President at Paine Webber, where he worked in its venture capital and corporate finance operations. Over his career, Bic has served as a Director of 28 early-stage companies. He received a B.I.E. from Georgia Tech and an M.B.A. from the Harvard Business School.

Tim StoutVice President, Energy Efficiency at National GridEnergy Efficiency & Management Session PanelistTim Stout is the Vice President of Energy Efficiency at National Grid. In this capacity, he is responsible for the design, implementation and evaluation of National Grid’s electric and gas energy efficiency programs in New England. Over the last couple of years, Tim has been actively involved in working with regulators and other parties on the growth strategies for the Company’s efficiency programs and in the development and roll-out of a climate change strategy at National Grid. He has worked in a variety of energy efficiency-related positions at National Grid since 1987. Tim currently serves on the Board of Directors of the Consortium for Energy Efficiency and the American Council for an Energy Efficient Economy. Prior to joining National Grid, he worked as an Energy Specialist at the Conservation Law Foundation.

Steven TaubSenior Vice President, Strategic Marketing, GEProject Finance Session PanelistSteven Taub is Senior Vice President, Strategic Marketing for renewable energy at GE Energy Financial Services based in Stamford, CT. In this role he analyzes the global renewable energy industry to guide GE’s investment activities along three dimensions: renewable energy resources and technologies, regional markets and value chain position. He also works closely with GE Energy Financial Services’ investment professionals to evaluate specific project finance and venture capital investment opportunities and to create and develop new ones.

Prior to joining GE, Steve was with Cambridge Energy Research Associates (CERA), where he was engaged in research and strategic consulting on energy technology and electric power for a wide range of clients worldwide. His responsibilities at CERA included coverage of the technology, economics, policies, markets, and industry dynamics of all forms of renewable power, as well as distributed generation (such as fuel cells and cogeneration), gasification, nuclear energy, and other power generating technologies. At CERA, Steve worked on policy issues including electric transmission, distribution, energy metering, wholesale market de-sign, power market modelling, long-range scenario planning, and corporate strategy development.

Prior to CERA, Mr. Taub was with the U.S. Department of Energy in Washington, D.C., where he served in the office of the Assistant Secretary for Environmental Management and the Office of New Production Reac-tors.

Steve earned master’s degrees in Mechanical Engineering and Technology and Policy from the Massachu-setts Institute of Technology and a bachelor’s degree in Mechanical Engineering from Columbia University. He also completed a U.S. DOE engineering intern program at Virginia Polytechnic Institute and State Uni-versity in Blacksburg, VA.

Jeff D. Wolfe, P.E.CEO, groSolarSolar Session PanelistMr. Wolfe, co-founded and is Chief Executive Officer of groSolar (Global Resource Options, Inc.), and is in charge of strategy, M&A, marketing, and PV procurement for residential and commercial photovoltaic and solar hot water systems. Under his direction, groSolar has become a leader in system installation in the northeast United States, a leading national distributor of solar equipment and systems, and a national com-mercial services provider.

Under Mr. Wolfe’s leadership, groSolar has experienced rapid growth. groSolar has been instrumental in accelerating residential and commercial markets through innovative distribution and direct sale practices. Recent Venture investment in the firm has assisted in accelerating the strong growth rates.

Mr. Wolfe has been active in overall industry development as PV Division Chair of the Solar Energy Indus-tries Association, and is on the Union of Concerned Scientists National Advisory Board. He was a founder, former board member and Chair of Renewable Energy Vermont, and founder, former board member and Vice Chair of the New Hampshire Sustainable Energy Association. Recently he was one of the thousand people in the US trained in presenting Al Gore’s climate change presentation to others.

Mr. Wolfe regularly speaks at industry events, including on the Keynote Panel at the American Solar Energy Society 2007 conference, and at the Solar Power 2007 conference.

Prior to forming groSolar, Mr. Wolfe was a Professional Engineer consulting on over 4,000,000 square feet of design, construction and renovation.

Don YoungPresident & CEO, Aspen AerogelsEnergy Efficiency & Management Session PanelistDon has been the President, Chief Executive Officer and member of the board of Aspen Aerogels since November 2001. For virtually 10 years, Mr. Young worked in the United States and abroad in an expansive range of senior operating roles for Cabot Corporation, a leading international specialty chemical company. Prior to Cabot Corporation, Mr. Young worked in the investment business at Fidelity Management & Re-search. He brings to Aspen Aerogels a unique composite of expertise in leadership, operations, sales and marketing and finance. Mr. Young is a graduate of Harvard College and earned an MBA at Harvard Business School.

34 � Sponsors �& �Hosts


Sponsors �& �Hosts � 35


Sponsors, Affiliates & HostsPlatinum Sponsor .................................................................................................. 36

Foley �Hoag

Gold Sponsor ......................................................................................................... 37Massachusetts Technology Collaborative Renewable Energy Trust

Silver Sponsors ...................................................................................................... 38Braemar �Energy �Ventures

Classic �Communications

Hamilton �Brook �Smith �Reynolds

UK �Trade �& �Investment �Science �& �Innovation

Conference Supporters ....................................................................................... 40Flagship �Ventures

Hinckley Allen Snyder LLP

Mintz Levin

SouthCoast Massachusetts

Silicon �Valley �Bank

Job Fair Sponsor ................................................................................................... 41NSTAR

Nonprofit Affiliates ............................................................................................... 41Boston Area Solar Energy Association

Clean Power Now

Mass Technology Leadership Council

MIT Energy Club

New England Clean Energy Council

Renewable Energy Access

Renewable Energy Business Network

Hosts ....................................................................................................................... 42Massachusetts Hydrogen Coaltion

The Massachusetts Technology Transfer Center

The MIT Enterprise Forum Energy Special Interest Group





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Complex fact patterns of new rulings and the challenge of entwined technologies shape the reality of business.

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To learn more please contact [email protected]

The United Kingdom is pursuing an aggressive shift to a low carbon economy-setting a goal of 60% reduction of CO2 emissions by 2050, including generating

20% of energy from renewable sources by 2020. With a scientific andeconomic leadership that is globally respected, the UK is advancing climate

change through policy, business, and leadership for a New World.

UK Trade & Investment and UK Science & Innovation are the UKorganisations which promote links between science and

technology providers and enable companies to do businessinternationally in the US and the UK.

Policy, business and leadershipcreating opportunities in the renewable sector





Conference Supporters

is pleased to be a sponsor of the

3rd Annual Conference on Clean Energy

October 29-30, 2007

Flagship Ventures One Memorial Drive, Floor 7

Cambridge, MA 02142 617.868.1888

www.flagshipventures.comwww.haslaw.com

BOSTON, MA ■ PROVIDENCE, RI ■ CONCORD, NH

We are pleased to support

the 2007 Conference on

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For more information please contact Andrew S. Rogovinof Hinckley Allen & Snyder’s Corporate & Business LawGroup at 617.345.4190 or [email protected]

Hinckley Allen & Snyder LLP, one of New England'sleading law firms, provides legal counsel to emerg-ing and established energy and energy-relatedcompanies with respect to financing, construction,environmental matters, taxation, labor, governmen-tal relations, litigation and real estate matters.

Job Fair Sponsor

Nonprofit Affiliates

About SVB Silicon Valley BankSVB Silicon Valley Bank provides commercial banking services to emerging growth and mature companies in the technology, life science, private equity and premium wine industries. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, SVB Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 27 U.S. offices and three international operations. SVB Silicon Valley Bank is a member of global financial services firm SVB Financial Group, with SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services. More information on the company can be found at www.svb.com.

SVB Sil icon Valley Bank refers to Sil icon Valley Bank, the Cali fornia bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Sil icon Valley Bank, a member of the FDIC and the Federal Reserve. SVB Private Client Services is a division of Sil icon Valley Bank. SVB Financial Group is also a member of the Federal Reserve.





Dedicated to the Success of the Hydrogen and Fuel Cell Industry

The Voice of the Industry The Massachusetts Hydrogen Coalition is focused on accelerating the success of the hydrogen and fuel cell industry, encompassing industry leading job creation, market adoption, capital formation and infrastructure investment, and research and development. The Coalition accomplishes this by promoting our members, identifying market opportunities, organizing business acceleration forums, locating strategic and investment partners, and pursuing policy initiatives.

Coalition members represent a wide range of activities including hydrogen generation, storage and transport, and hydrogen applications ranging from micro-fuel cells, portable power, stationary premium and remote power and transportation, including internal combustion and fuel cell engines. Hydrogen and fuel cell technologies provide consumers and businesses with superior performing products and services, including: higher performance portable power for consumer electronics and military applications; cleaner, quieter and more compact power stationary power applications; cleaner and more efficient power for automotive and other transportation applications; and more efficient and more environmentally benign methodologies to produce hydrogen from a multitude of sources.

Reap the Benefits from Joining the Massachusetts Hydrogen Coalition The Coalition works with its members to understand their unique needs and implement programs and initiatives to accelerate their success. Principle membership benefits include:

Shape State and Federal Policies – The Coalition works to align public policies with the Coalition’s core mission and members’ interests. This encompasses legislative initiatives at state, regional and federal levels. Expand Reach and Visibility – The Coalition represents promotes its members and their capabilities to potential customers, partners and investors at major international conferences, regional events, and through the Coalition’s newsletter and web site.Business Partnering and Professional Association – The Coalition annually hosts the region’s major clean energy conference. holds regular bi-monthly meetings and participates in a range of additional conferences and forums where members increase exposure to investors, industry partners, business opportunities and channel relationships.Accelerated Learning and Market Opportunities – Several Coalition events are focused on helping members learn about best practices in technology, research and development, business management and financing. The Coalition also alerts members to specific market and business partnering opportunities.

Contact Information Brad Bradshaw [email protected] (978) 232-0080 Lucy Rohner [email protected] (978) 232-0081 Massachusetts Hydrogen Coalition, Inc.100 Cummings Center, Suite 326J Beverly, MA 01915 www.MassH2.org

The Massachusetts Technology Transfer Center is funded by the Commonwealth of Massachusetts. Its goal is to support technology transfer activities from public and private research institutions to companies in Massachusetts. To achieve this goal, the Center works with technology transfer offices at Massachu-setts research institutions; faculty, researchers, and students who have commercially promising ideas; and companies across the Commonwealth.

___________________________________________________________________________________

The Center: facilitates and accelerates technology transfer between research institutions and Massa-chusetts companies;promotes collaboration between research institutions and the Commonwealth’s technology industry; assists in the growth of Massachusetts companies, including startups, by enhancing tech-nological leadership; andsupports regional and statewide economic development priorities.

___________________________________________________________________________________

The Center supports the commercialization of research technologies through a variety of programs:

The Center provides mentoring to researchers who believe they have a technology that could serve as the basis of a new company. The process includes the development of a business presentation for an expert board of external reviewers.

Commercialization and Entrepreneurial Education seminars and workshops enable researchers to under-stand the process of commercializing technologies.

Expert technology reviews provide opportunities for Massachusetts research institutes to have external industry experts evaluate technologies and give advice regarding their commercial potential.

Technology Forums allow investors and potential corporate partners to meet with companies formed around technologies developed in Massachusetts research institutes.

Mini-grants support technology development. The Center awards up to $40,000 to inventors from Mas-sachusetts research institutions to fund proof-of-concept research or the development of more refined marketing and commercialization plans.

www.MaTTCenter.org

[email protected]

www.MassTechPortal.org

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The Energy Special Interest Group at the MIT Enterprise Forum of Cambridge Your Resource for Building a Profitable Clean Energy Startup

The MIT Enterprise Forum of Cambridge is a volunteer, non-profit organization based at MIT whose mission is to promote and strengthen the process of starting and growing innovative and technology-oriented companies by providing services and programs that educate, inform, and sup-port the entrepreneurial community.

The Forum formed several Special Interest Groups in June 2004. These SIGs are for members of the MIT Enterprise Forum of Cambridge who wish to create a community around their area of interest and extend the high-level conversations that take place at some of our industry- specific events. SIGs are a great way for you to network, exchange ideas and best-practices, and keep your finger on the pulse of new developments with other members in your area of interest.

The mission of the Energy SIG is to support the development of the Clean Energy Cluster in Massachusetts, primarily through innovative programming, including the Clean Energy Job Fair featured each year at the Conference on Clean Energy, evening programs that focus on the mar-kets and other business issues for clean energy businesses, and our best-known program, the Ignite Clean Energy Business Presentation Competition, which over 100 teams have entered since its inception in 2005.

The Energy SIG is here to provide the resources for clean energy entrepreneurs, whether through tutorials, mentoring, networking or events to support the community year-round. We invite you to join us by participating in our programs or by joining us as a volunteer. Volunteers are needed at all levels, both for the Energy SIG and for its ICE 2008 program.

For more information, see:

www.ignitecleanenergy.com

http://www.mitforumcambridge.org/EnergySIG.html

Startup �Companies � 45


Startup Company ProfilesAbout the Investor Pitches ................................................................................. 47AC FOX, Inc. ......................................................................................................... 48

Tim �Cosgrave, �President

Advent Technologies, Inc. ................................................................................... 50Dr. Vasilis Gregoriou, CEO

American Biomass ................................................................................................ 52Jon �Strimling, �President

Avālence, LLC ...................................................................................................... 54Stephen �Nagy, �CEO

Bandgap Engineering, Inc. .................................................................................. 56Dr. Marcie Black, CTO

Bodega Algae LLC ............................................................................................... 58Sam �Hill, �Director

CTP Hydrogen ........................................................................................................ 60Scott �Rackey, �President

iSagacity ................................................................................................................. 62Peter Millett, CEO

Living Power Systems .......................................................................................... 64Peter �Girguis, �Chief �Scientist

Ocean Renewable Power Company, LLC .......................................................... 66Christopher �Sauer, �President �& �CEO

Promethean Power Systems ............................................................................... 68Sorin �Grama, �President

QM Power, Inc. ...................................................................................................... 70PJ �Piper, �President �& �CEO

Safe Hydrogen, LLC .............................................................................................. 72Sigmar H. Tullmann, President

Sanderson Engine Development Company ....................................................... 74John �Fox, �President

Smith Energy ....................................................................................................... 76Ken �Smith, �Founder �& �CEO

SweetWater Ethanol, LLC ................................................................................. 78Jerry �Horton, �CEO

Vanguard Solar, Inc .............................................................................................. 80John �Palmer, �President �& �CEO

VEI, LLC .................................................................................................................. 82Thomas G. McGuinness, President

46 � Startup �Companies




About the Investor PitchesIntroductionThe Massachusetts Technology Transfer Center hosts several conferences a year, each to showcase early stage entrepreneurs in a different technology or industry sector. The heart of each showcasae is the ten-minute investor pitches given by the selected entrepreneurs followed by a reception in an exhibit hall at which interested attendees can meet the entrepreneurs and network with the other participants.

For the Conference on Clean Energy, the MTTC is proud to partner with the Massachusetts Hydrogen Coalition and the MIT Enterprise Forum Energy Special Interest Group to bring a much broader confer-ence experience to the growing community of clean energy technology businesses in Massachusetts and the Northeast in general. However, the heart of the showcase remains the investor pitches delivered by the early stage entrepreneurs.

The pool of applicants to present has grown rapidly since our inaugural conference in 2005, so we have selected as broad a range as possible, from technologies still in the university laboratory through to com-panies starting to sell product; from the most polished and experienced presenters to those who have never presented to the business community before; from the most cutting edge technology to the most mundane processes that still support an innovative business model.

Business and Technology MaturityThe mandate of the MTTC is to help entrepreneurs based in nonprofit research institutions to commer-cialize their technologies. Thus, we always give priority to applicants from our universities. However, we are also working toward economic development in the state, so we also welcome entrepreneurs already working in startup companies, giving preference to those who are licensing university technology. You will hear investor pitches from full-time professors and from managers who have been commercializing tech-nologies for thirty years or more. Those who have already earned significant venture capital are beyond the scope of this section of the conference but may participate in the Industry Sector Sessions organized by the Massachusetts Hydrogen Coalition.

Some presenters are alumni of prior Conferences on Clean Energy or the Ignite Clean Energy Business Presentation Competition. They are invited to participate only if they have significant business updates to incorporate into their investor presentation.

Clean Energy CategoriesWe define clean energy quite broadly: any service or product that enables the end user to consume less fossil fuels and generate less carbon dioxide. Any startup company meeting this general criterion has the potential to enhance our energy security and reduce the environmental impact of our energy use. More energy-efficient products are just as important as technologies that provide more traditional renewable energy businesses such as wind farms.

Our categories and some related subcategories are:

Electricity Generation: Fuel Cells, Hydro, Ocean, Photovoltaics, Waste, Wind, OtherAlternate Fuels: Biodiesel, Biofuels, Ethanol, Hydrogen, OtherStorage: Batteries, Supercaps, OtherEnergy Efficiency & Management: Control Systems, Demand Response, Engine Design, Green Buildings, Other

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Glut.” The FOX Furnace is a unique device that can consume un-modified glycerol and extract heat or steam, which is directly utilized by the biodiesel producer or in other industrial heating applications.

Future Financial PlansAC FOX is seeking a total of 2.0 million dollars of equity to finance a two-year period of establishing, per-mitting and operating the development facility. A minimum of one million dollars is necessary to initiate the efforts.

During that time, AC FOX will finalize the development and demonstration of the FOX Furnace using crude glycerol as a fuel and demonstrate the commercial application of low-temperature regeneration of spent activated carbon. In addition, AC FOX will explore domestic and international licensing opportunities for the core AC FOX technology, since both biodiesel production and carbon regeneration are worldwide industrial industries.

Summary of Financing Strategy and Cash Flow StatementOne million dollars of capital is designated for the first year’s operations (2008), with $500,000 for the second year and $500,000 of capital as “contingency” – to allow for unforeseen expenses and allow pursuing ad-ditional unanticipated opportunities as they arise.

Of the first year’s budget, one half is devoted to one time start up costs: $100K is designated for leasing and outfitting the demonstration facility, $100K for permitting, $100K for facility modifications (air pollution control, cooling water tower to heat rejection, etc.), $100K for purchasing the materials and devices to construct the carbon regeneration capability and $100K for materials to assemble the demonstration FOX Furnace. The remaining one half million will be operating expenses, principally labor and travel expenses: $300K for direct wages (including benefits and withholding) and $200K for cost of sales and indirect expenses/overhead (in-surance, legal fees, etc.).

The second year’s budget will reflect an additional $115K from revenue from activated carbon regeneration and licensing and $230K of gross revenue profit from sale and licensing of FOX Furnaces technology. The operating expenses are similar to the first year, except without the one-time expenses of permitting, facility modifications, and constructing the carbon regeneration capability.

Year’s 3-5 are financed out of revenue, principally from the sale of FOX Furnaces, the licensing of AC FOX technology to domestic and off-shore markets and additional carbon regeneration licenses (off site and dedi-cated facilities operating within in the sugar & corn syrup industries).

At the end of Year 5, the exit strategy is an IPO for the most successful core market(s) and selling off rights to the non-aligned applications, such as carbon regeneration. An alternate to an IPO would be acquisition by a large process equipment or furnace supplier with existing sales channels into the demonstrated core market(s).

AC FOX, Inc. Presented by:Tim Cosgrave, President

Product/ Technology Profile The AC FOX technology is something new and revolutionary in the field of oxidizing or “burning” organic compounds and utilizing the heat re-leased. The technology is unique in that a bed of activated carbon con-tains and facilitates the reactions between the organic compounds and oxygen from air. Because the phenomenon occurs within and because of the activated carbon, virtually any form of liquid or gaseous organ-ics can be used as “fuel”, including current waste streams that are not compatible with conventional “open flame” combustion devices.

One particularly attractive application for the “FOX Furnace” is con-suming crude glycerol, the major byproduct from biodiesel production, and concurrently generating hot water or medium pressure steam. The biofuel production can directly utilize this heating source, thereby al-lowing a major fuel cost to be provided by an existing byproduct of the biodiesel process.

Markets and ApplicationsTwo discrete markets applications of the core AC FOX technology will be demonstrated at the commercial scale.

The major market is the utilization of Crude Glycerol, the byproduct of biodiesel production. The FOX Fur-nace is a replacement boiler that can be retrofitted to existing biodiesel operations and other industrial heat-ing applications to allow neat crude glycerol to be utilized as the fuel.

The other market is the regeneration of spent activated carbon, an established 100+ million pound market in the United States. The AC FOX demonstration site will regenerate spent carbon to generate an immediate revenue stream from operations. It will also license the technology to other carbon regenerators via regional licenses.

Commercial OpportunityOnce the potential of a FOX Furnace as a waste consuming/heat generating technology has been demon-strated within the biodiesel producer application, the FOX Furnaces will become a standard feature in new biodiesel plant designs and will be retro-fitted into a significant number of existing plants.

However, the sale of FOX Furnaces to biodiesel producers is only one component of the application. The biodiesel producers need only a fraction of their glycerol to make enough heat for themselves, allowing them to sell their excess glycerol to businesses that have installed a FOX Furnace. Thus, biodiesel producers will no longer be selling only one fuel; they will sell both biodiesel and “glyc fuel” (rhymes with click).

Competitive AdvantageThe patented technology behind the FOX Furnace is a new approach for utilizing “waste fuels”, such as crude glycerol. Biodiesel producers, particularly those that cannot produce sufficient quantities of reliable quality glycerol, are finding themselves over-whelmed by management and disposal of this byproduct of biodiesel production. And, even if reliable quality material can be refined at some cost, the market for medical and food grade glycerol is saturated – a problem that is sometimes referred to in the industry as the “Glycerol

Officers and DirectorsTim Cosgrave, PresidentHugh McLaughlin, Ph.D., P.E.

Contact Information249 Ayer Road, Suite 206Harvard, MA 01451978-772-1105 (phone)978-428-6177 (fax)[email protected]





Intellectual PropertyThe Company has filed eight (8) patent applications with the US Patent Office with the assistance of Edwards Angell Palmer & Dodge LLP in Boston MA to protect its core MEA technology. In addition, the Company has received the worldwide exclusive rights to a Greek patent filed by the Company on behalf of the University of Patras and FORTH-ICEHT and to a US patent from Northeastern University on catalyst preparation. The Management of the Company believes that there is a very strong R&D component within the Scientific Team of Advent Technologies that will result in a stream of patents in the near future.

Future Financial PlansNEXT STEPS

Strengthening of the Boston based operation Hiring business development and technical leaders from the Fuel Cell Industry Cement the relationship with Northeastern University with expansion of the presence there

Increase manufacturing capacity in GreeceIn order to finance these next steps, the Company is planning the following:

The company is intending to perform a private placement of 25% less one of its shares.

The purpose of the private placement is to raise equity finance for Advent Technologies and primarily to bring its products to a stage where they can be commercialized. The net proceeds of the placement to be received by the company is expected to reach USD 7 million and will be used principally to continue the development of its high temperature fuel cell products:

to finance ongoing research and development activities;to finance the global expansion of the sales and marketing function;to finance the expansion of the manufacturing capabilities, including capital expenditures; and

for general corporate purposes.The company expects that the net proceeds of the placement and other existing sources of capital will be sufficient to fund its activities until the end of 2010. The Management is expected to attract further financing beyond this time period. Such financing is expected to be acquired through further equity placing only.Pending their use, the company intends to invest the net proceeds from the placing in short-term in-vestments with internationally recognized financial institutions.

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Advent Technologies, Inc.Presented by:Dr. Vasilis Gregoriou, CEO

Company Overview Advent Technologies SA develops new materials and systems for fuel cell systems. Fuel cells offer efficiency, negligible emissions and sim-plicity. The major effort focuses on a High Temperature PEM Fuel Cell system (160 - 200 degrees operation) based on its proprietary technol-ogy. Advent’s HTPEMFCs offer distinct advantages over current fuel cell technology. Advent Technologies is committed to bring the technol-ogy to the mass market, an enabling technology which will dominate the world market in stationary fuel cells.

Product/ Technology Profile Why High Temperature PEMFCs?

1. Increased tolerance in CO presence (10-20 ppm 80ºC, 1000 ppm 130ºC, 30000 ppm 200ºC) - Ability to use lower grade Η2 and other fuels as well

2. Simplified system (Cooling system, internal reformer)3. Lower quantity of expensive catalyst Pt needed

Main applications for high temperature PEM fuel cells1. Stationary power generation2. Auxiliary power units (APU)3. Automobile applications

STRATEGY

1. The Company directly sells MEAs and stacks to fuel cell manufacturers and to manufacturers of fuel cell sub-assemblies. Advent TPS MEA customers include Volkswagen AG and testing is under way in a series of potential customers and strategic partners that include 3M, Morphic, Ajusa, PSFU GmbH amongst others. The he response from the community is very positive. Advent’s commercialization strategy is not only to manufacture these materials but also to enter into licensing agreements, joint ventures and joint development agreements with volume manufacturers and global players in the fuel cell arena and generate revenue from multiple sources.

2. The Company will be a prime target for a merger or acquisition by a strategic partner in the coming years in Europe, Japan and in the United States. Potential partners include but are not limited to DuPont, BASF, 3M, Gore, Johnson Matthey, Asahi Glass, Protonex and Nedstack.

3. The Management of the Company will seek placement in a stock market in order to a) establish a favorable valuation comparable to its competitors and increase shareholder’s equity b) ensure the presence of the required working capital so the company can achieve its goals which are to remain a leader in the technology by conducting top level R&D, to continue the commercialization of its MEAs and fuel cell stacks and c) to raise the profile and the status of the Company.

Officers:Dr. Stylianos Neophytides, Chairman of the BoardDr. Vasilis Gregoriou, CEO

Directors: Alexandros Moukas, Dr. Chris Kaskavelis, Professor Joannis Kallitsis, Jiannis Drenogiannis, Christos Kartalis.

Contact InformationOne Broadway, 14th floorCambridge, MA 02142617- 682-3616 (phone)617-475-6045 (fax)[email protected]





The company has forged close partnerships with America’s leading pellet and pellet stove manufacturers, who have supported the business both with product and cooperative marketing efforts. The company was launched with assistance from Hearth & Home Technologies, the world’s largest producer of hearth appli-ances and New England Wood Pellet, the Northeast’s largest producer of biomass pellets. Now as an es-tablished player, we have cultivated strong relationships with other leading stove and pellet manufacturers, allowing us to rapidly scale to national coverage and have recently negotiated supply agreements that are now giving us exclusive access to key products.

Future Financial PlansThe Company is seeking $5M in financing to support the expansion of our operations. The funds will be used for investment in both the information systems and physical infrastructure required to optimally distribute biomass heating fuels.

Specifically, the funds will also enable us to start the conversion of residential consumers to the utilization of biomass heating fuels in bulk, rather than bagged form. The current distribution of fuels in bagged form is analogous to buying home heating oil in buckets. The technology exists in Europe to distribute pellets in bulk, and our intent is to make bulk delivery ubiquitous in the US, as it has become in Europe.

Finally, a portion of the funds will be reserved for working capital to allow us to effectively capitalize on sum-mer-season discounts when procuring pellets.

American BiomassPresented by:Jon Strimling, President

Company Overview In just one year’s time, American Biomass has established itself as the nation’s leading independent distributor of biomass heating fuels. The firm sells wood pellet fuels directly to consumers over its internet site www.PelletSales.com and also distributes fuels through its wholesale network www.AmericanBiomass.net, with the sites sharing a proprie-tary geographically based search engine technology.

The company provides residential delivery of fuels in 15 states and on a truckload basis throughout the country, and continues to rapidly expand its product and service offerings. The business was founded by three seasoned managers, who bring a combined five decades of experience in operations, sales, finance and marketing.

Product/ Technology ProfileWhile ethanol and bio-diesel get significant press due to their long-term promise, solid biomass heating fuels – primarily currently in the form of wood pellets – represent a rapidly growing segment of renewable energy that is in widespread use today.

Consumers are switching to biomass pellet heating from fossil fuels in order to save 10-35% on their heating bills, and from cordwood because pellets are much easier and more convenient to use. In addition, envi-ronmentally conscious customers are switching from fossil fuels with the goal of reducing carbon emissions. Both economic and environmental trends support continued adoption, and throughout Europe, biomass has already taken hold as the mainstream solution for home heating.

This business is a fairly typical internet retailer on the front end, with sophisticated logistics operations on the back-end. Already, we are building a strong national brand, and we are benefiting from being recognized as the first-mover in this industry. We are promoting this brand through both internet advertising and face-to-face calls on individual stove shops, who are now endorsing our products’ quality and our customer service as exceptional.

The implementation of industry-leading logistics technology is of critical importance, as delivery costs can represent a third of the consumer’s total cost. Conceptually, we are a search-engine for biomass fuels. For every consumer’s request, we are solving a multi-variable complex mathematical problem, which incorpo-rates consumer preferences, manufacturer supply curves and transportation costs by various modes. Doing so on a real-time basis is challenging, and we have an early lead on implementing appropriate systems, with a patent pending on the core technology.

So in addition to building a premier brand, we intend to achieve competitive advantages through the math-ematical optimization of physical distribution of the product as well as the exploitation of economies of scale we are already beginning to enjoy. Specifically, higher demand densities are now allowing us to select lower cost distribution routes and are enabling us to achieve significant procurement savings. Our real-time feed-back on demand patterns nationwide has already allowed us to shift product across regions to both meet consumer needs and improve our earnings. We estimate that these factors can provide a 10-15% margin advantage over existing supply chains and a sustainable 5% margin advantage, even as competitors adopt direct-shipment.

Officers and Directors:Jon Strimling, PresidentMark MacLean, VP OperationsMichael VanDerHeyden, VP Distribution

Contact Information:97 Eddy RoadManchester, NH 03102

Phone: (603) 623-1150Fax: (603) 623-1150

jstrimling@PelletSales.comwww.PelletSales.comwww.AmericanBiomass.net





Technical education institutions interested in various applications are another customer category including The Chewonki Institute in ME, James Madison University in VA and University of Toledo in OH. Additionally, Avālence is working with MIT on a DOE funded project to develop an efficiency enhanced hydrogen liquefier design.

Avālence has already built five units and has five under construction. Note that all projects are solar or wind power enabled and most are actually integrated with carbon free clean electricity from solar or wind power.

Management is active and visible in the hydrogen industry and widely communicates the advantages of the firm’s technology through its website and data based marketing. This generates a substantial flow of inqui-ries. Avālence is forming strategic partnerships domestically and abroad to forge channels to market: major component suppliers, vehicle and engine manufacturers, fuel cell providers, renewable energy integrators and industrial gas firms. A network of sales representatives and alternative energy integrators is under for-mation.

Competitive AdvantageAvālence key competitors include Norsk Hydro based in Europe, Hydrogenics from Canada plus Teledyne and Proton from the US. Relative to these companies, Avālence represents a second mover investment with

much better market timing (hydrogen is here now), much better capital efficiency, greater technology focus (offering globally unique high pressure hydrogen directly recognizing that this is an application requirement in transportation, industrial gas and backup/storage), and best of breed integration with wind/solar electricity (recognizing that the burgeoning wind/solar sec-tors will pull demand for carbon-free “green” electrolysis hydrogen)

All competitors’ electrolysis systems require a mechanical compressor to generate ultra-high pressure hy-drogen gas. The cost of the mechanical compressor alone can be up to equal to the cost of the hydrogen generator. Primary competitors are publicly owned companies with large (even excessive) infrastructures that need sales approaching $50M before attaining profitability.

Future Financial PlansAvālence is seeking $5 million of Series A expansion equity capital to drive growth from a current revenue base of over $1.5 million. Additional off balance sheet financing is planned for an equipment leasing offering to industrial gas distributors and their customers.

The Series A funds will be used for 1-further IP protection, 2-reliability and manufacturability enhancements, certifications and multiunit manufacture and testing infrastructure for the existing Hydrofillers, 3- utility scale Hydrofiller development, 4- lead time reductions through subassembly and unit inventories, 5- sales/market-ing, 6- working capital.

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Avālence, LLC Presented by:Stephen Nagy, CEO

Product/ Technology Profile The Avālence Hydrofiller is an electrolytic technology that produces high pressure renewable hydrogen without using a compressor. The unique (patent-pending) cell configuration and pressure control boosts efficiency and reduces capital costs by 50%.

The current Avālence Hydrofillers operate at from 2-26 kW and pro-duce 0.75-10 kg/day of hydrogen at full utilization of rated capacity. Storage of hydrogen in 6 or 16 kg increments is part of the integration. For large wind/solar applications, Avālence is developing a much larger Hydrofiller 5000 unit that is electrically rated at 0.75 MW and 300 kg/day of hydrogen production. Interest in the unit is high due to the large production volumes and attractive economies.

Market and ApplicationGrowth forecasts for the distributed hydrogen and fuel cell markets are likely exaggerated but still promising. According to forecasts by Clean Edge and the Connecticut Center for Advanced Technology, a $1.4 Billion market today will grow to $15 Billion over the next decade. Potential electrolyzer integrations with global wind and solar power bolster growth; the wind/solar markets will expand from $34 Billion today to well over $130 Billion in ten years.

The $2 Billion global industrial electrolyzer market potential represents one of the primary growth opportuni-ties as reliability and ROI gains of onsite systems vs. legacy merchant hydrogen proves out. Notably, a broad based domestic market exists today among the 1,000+ regional industrial gas distributors and their respec-tive clients (@10-25 target clients per distributor) for the Avālence Hydrofiller.

The global sales estimate for electrolyzers at present is @$130 Million plus $100 Million for ancillaries, comprised 75% by industrial gas users and 25% by fuel cell and HICE infrastructure applications. While the industrial applications are “here-and-now,” fuel cell/HICE applications will be more imminent toward the end of the five year investment cycle.

Commercial Opportunity The Hydrofiller satisfies three primary applications for hydrogen generators: 1-transportation fuel cells and internal combustion engines; 2-premium industrial gas; 3-premium power deployed fuel cells. A common technology platform is used in these markets, satisfying customer needs for pressurized hydrogen without having to use expensive/troublesome compressors and related gas conditioners.

Avālence has received two federally funded R&D contracts to develop renewably-powered Hydrofiller hydro-gen fueling stations for transportation applications - a Department of Energy Phase II Small Business Innova-tion Research contract to supply a Hydrofiller to AC Transit in Emeryville, CA and an FTA-funded contract to develop a design for a mobile Hydrofiller fueling station. Other hydrogen fueler customers in the transporta-tion category include: a Detroit auto major (and possible channel partner) and Fort Collins Utility in CO.

In the premium industrial gas category a core customer and channel partner is regional distributor Maine Oxy. For extended backup and storage, a core customer and anticipated channel partner is UTC to integrate with their 5kW fuel cell. Entrepreneurial integrator customer Enabling Technologies is exploring sundry hy-drogen uses operating on solar electricity.

Officers and Directors:Stephen Nagy, CEOTony Della Volpe, CFO & SVP of OperationsDeborah Moss, Chair and CMOMartin Shimko, President Thomas Jackson, CTO

Contact Information:1240 Oronoque RoadMilford, CT 06460203-701-0052203-878-4123 (fax)[email protected]





Funds Sought & UtilizationThe company’s funding plan and key milestones over the next three years are displayed below. The initial funding strategy will include $1.2 million of funding, complemented by government grants, two of which are already in process. Following successful development of a working prototype, Bandgap Engineering will raise expansion capital from top-tier venture capital firms. Finally, upon successful commercialization of the technology, the company’s investors will reach liquidity through an initial public offering or acquisition. A more detailed Operating Plan can be obtained upon request.

Bandgap Engineering, Inc.Presented by:Dr. Marcie Black, CTO

Mission & Industry OpportunityBandgap Engineering mission is to revolutionize the $1 trillion glob-al electricity market by developing and manufacturing solar cells and modules with radically higher efficiency than commercially available alternatives. Upon successful completion of the research, prototype, and manufacturing phases of our plan, solar power will compete on favorable economic terms with traditional, fossil fuel-based electricity for the first time in history.

Industry experts acknowledge that the “holy grail” of solar power is highly efficient (e.g. 30%+) cells that can be manufactured inexpen-sively and reliably and that have the durability to last 20-30 years. The first firm to deliver solar cells and/or modules with these characteristics will immediately expand the current $27 billion per year market to hun-dreds of billions per year, as solar power finally competes with conventional sources of electricity on a com-petitive basis.

Although the economic rewards of a truly competitive solar conversion technology are clear, the ecological impact is no less compelling. Economically viable solar cells will allow replacement of dirtier and riskier elec-tricity generation processes that release toxins and/or carbon dioxide, heat up threatened rivers and lakes, and require the mining and handling of dangerous or toxic materials.

Technology OverviewBandgap Engineering’s technology offers a unique way to design and construct nano-structured silicon with an energy diagram optimized for solar energy conversion. By utilizing changes that occur at the nano-scale to the electronic structure of materials, Bangap Engineering intends to develop highly efficient silicon based solar cells. Our patented technology (application #11/712,128) filed by Los Alamos National Laboratory on behalf of Bandgap Engineering’s CTO) promises to increase the efficiency above the single bandgap limit by forming an intermediate band solar cell. It also offers a unique and simple way to fabricate devices uses non-toxic and relatively inexpensive materials.

Competitive AdvantageBandgap Engineering’s competitive advantage is superior solar cell efficiency, which will initially be based on patented proprietary technology. Over time, the company will advance the technology and erect formidable IP barriers surrounding the initial patent. In addition to offering a very high efficiency solar cell design, the technology uses materials that are non-toxic, stable, and easily available. The simplicity of our process will allow the use of low cost, self aligned nanotechnology. Moreover, nano-structured solar cells can be com-bined with other techniques, such as multi-junctions, to further increase cell efficiency for the development of next generation intermediate bandgap solar cells with even higher efficiency.

Officers and Directors:Dr. Marcie Black, CTO

Contact Information:36 Shermans WayWestwood, MA 02090617-834-4845617-812-0092 (fax)[email protected]





Commercial Opportunity Bodega’s business operations in the first three years will focus on a direct sales approach to biodiesel feed-stock suppliers as well as biodiesel manufacturers who have multi-type-feedstock processing capabilities such that algae won’t be difficult to integrate into the processing cycle and it allows the customer to safely test the output of the reactor while performing normal operations with other crops. In years four and five of operations with a greater knowledge base and significant IP in new high-lipid high-oil content algae strains and new conversion processes of algae to bioethanol, Bodega may become fully integrated.

Competitive AdvantageCompared to conventional oil crops, the algae biomass produced from a Bodega photobioractor has many advantages. Currently 90% of the biodiesel feedstock in the U.S. is comprised of soybeans. Algae can out produce such vascular plants by a factor of 300X, because they are much more efficient in production of lipid and useable biomass. Since over 60% of the current costs of biodiesel production from vascular plants is due to the management of the crops, algae become an attractive biomass alternative.

Current photobioreactors, mostly developed in-house for low volume high-margin applications, are unsuited to produce algae inexpensively in large volumes. However, Bodega’s photobioreactor technology can sig-nificantly increases the biomass yield versus operation costs by optimizing photosynthesis growth with bet-ter light and nutrient management. This puts Bodega in a position to make algae competitive not only with conventional crop-oil biodiesel but also with petro-diesel.

Future Financial PlansIn 2007, Bodega will seek $250K to pay for salaries and equipment expenses to complete tests upon the batch-process photobioreactor utilizing Bodega’s optical lighting technologies showing that optimizing photo-synthesis with light will lead to greater lipid yield and growth rates. This demonstration will then lead into the design and construction of a working prototype using these lighting technologies as well as a nutrient mesh sensor network in a continuous-flow photobioreactor for further algal growth optimization.

In 2008 Bodega will apply for $1M in funds from government grants, particularly SBIR grants from the U.S National Science Foundation and the Department of Energy. These combined funds will be used for further research and development, salaries and other expenses, and carrying the company to first customer beta tests in the next 18 months. By 2009, Bodega will likely seek another $2 million to begin production for larger scale manufacturing, adding to a total cash burn of at least $3.25 million over three years.

Bodega Algae LLC Presented by:Sam Hill, Director

Company OverviewBodega Algae, LLC. (Bodega) is a developer of massively scalable continuous flow photobioreactors that grow large volumes of microal-gae biomass for use in the production of biofuel. The core innovation of the company is provisionally patented lighting technologes applied from the video-projection industry that distribute and modulate the light throughout the volume of a closed algae culturing medium.

Bodega’s mission is to reduce agricultural landspace used for biofuels to keep food prices low, create cleaner fuel, and meet rising energy demands. The primary design goals of our photoreactors are modular-ity and scalability so that we may move from industrial use markets to residential-consumer based applications.

Bodega Algae LLC is comprised of a diverse group of individuals with strong backgrounds in a variety of areas. Team members include Dr. Robin Kodner (Ph.D Harvard University) who brings expertise as an algal geochemist, Amanda Parkes (Ph.D candidate MIT Media Lab) with experience in mechanical and elec-trical engineering specifically for eco-architecture; Joe Dahmen (Master of Architecture MIT), an architect specializing in sustainable building technology, and Sam Hill (MS University of Arizona, MS MIT) an optical engineer and consultant on several New England Renewable Energy projects.

Product/ Technology Profile

Product(s)/TechnologyThe algae biomass to biofuel value chain has several engineering challenges to address. One of the princi-pal challenges entails overcoming the inefficiencies of current photobioreactors (a medium that takes in light, nutrients, and water to culture algae into biomass) to effectively optimize algae growth by properly delivering light and nutrients.

Bodega will carve out a niche by developing, manufacturing, and selling modular and scalable 1m3 photo-bioreactors based on superior lighting and nutrient management. Each reactor can fit into a variety of physi-cal spaces with the capability to accept many types of algae strains and nutrient inputs. Bodega’s patented lighting technologies uses inexpensive, proven components from the flat-panel television industry to address where and how much light is delivered within the volume of a photobioreactor while using a novel nutrient mesh sensor network to feed back into the light and nutrient delivery input devices. Bodega will also provide software and engineering services as well as sell refillable nutrient cartridges for each photobioreactor.

Market and ApplicationBodega will first focus on the U.S.$1.4B ($5.3B global) biodiesel market growing at 20% per year through 2011. In 2008, capital equipment purchases for biodiesel manufacturing is expected to be over U.S.$500M. Growth is considerably high considering that in 2006, over 30 million gallons of biodiesel were produced which only accounted for 0.83% of the total U.S. on-road consumption of 36 billion gallons of diesel.

Officers and Directors:Sam Hill, DirectorAmanda ParkesJoe Dahmen

Contact Information:29 Sedgwick StreetJamaica Plain, MA 02130(617) 899-1754(617) 524-8823 (fax)[email protected]





also in discussions with several fuel cell companies interested in purchasing CTP’s reformer subsystems to better power their own fuel cell products. These companies, including ReliOn, Plug Power (Nasdaq: PLUG), Jadoo, Ballard (Nasdaq:BLDP) and Protonex (LSE: PTX.L), have visited CTP’s facilities over the last year to evaluate the CTP reformer technology.

CTP will be selling its enabling technology in three ways:

1. Reformer subsystems for fuel cell product OEMs2. Integrated reformer / fuel-cell generator subsystems for consumer and industrial product OEMs3. Fully-integrated standalone generator products for end users.

Competitive AdvantageBecause the CTP technology electrochemically generates pure hydrogen in a single step without the need for desulfurization, the technology is far less expensive and more robust than conventional pressure-driven purification approaches such as Pd membranes or PSA systems.

Future Financial PlansCTP plans to close a Series B round of $5M in 4Q 2007, which will fund the company while it concludes joint development agreements with partners and completes its small-scale pilot manufacturing facility. The company plans to test its 200W reformers over the course of 2007 and field test pre-commercial systems in 2008. The company expects to partner to bring commercial products to market in 2009.

CTP HydrogenPresented by:Scott Rackey, President

Company OverviewCTP Hydrogen has developed a fuel processor (known as a “reformer”) that enables fuel cells to run on a variety of hydrocarbon fuels, includ-ing propane, gasoline, diesel, ethanol, butanol, and military logistics fuels – not just hydrogen. This technology will enable the fuel cell in-dustry to finally offer products with both a compelling value proposition and a low price point.


Product(s)/TechnologyCTP enables fuel cells to run on conventional hydrocarbon fuels like propane, diesel, and ethanol. The core of CTP technology is a novel, proprietary fuel reformer, which uses a series of patented mixed ionic electronic conducting ceramic (MIEC) membranes to cost-effectively generate pure (“5 nines” ) gaseous hydrogen directly from sulfur-bearing hydrocarbon fuel streams. In addi-tion to the company’s proprietary internally-developed material technology, CTP has also licensed rights to an alternate early-stage advanced material system from Boston University.

Market and ApplicationCTP addresses the power generation gap that exists between batteries and internal combustion (IC) en-gines. Batteries are clean and quiet, but don’t store much energy. Conventional fuels like gasoline contain a great deal of energy, but the IC engines that burn them are noisy, polluting and don’t scale well below 1kW. Fuel cells have been demonstrated to work well in this range between 100W and 1000W, but they have his-torically required pure hydrogen fuel, which is simply not practical for most users. CTP enables fuel cells to offer the cleanliness and convenience of batteries while offering the energy density and fueling convenience of IC engines.

Commercial Opportunity To serve multiple market requirements, the company plans to manufacture and sell systems with a range of power levels from 250W to 2kW. The addressable target markets for CTP’s systems are the premium power applications for which an IC engine cannot be used or is highly unattractive due to noise, emissions, runtime, or relatively low power demand and for which batteries are unable to store enough energy. In order of com-mercialization, these markets include:

Portable Power: 250W generators for consumer, industrial and military useBackup Power: 2-6kW stationary back up power systems for telecom, homeland security, IT, and emergency responder applicationsVehicular APUs: 1-10kW auxiliary power units for boats, RVs, long haul and military trucks

CTP will begin by manufacturing and selling 250W-1000W portable systems for consumer, commercial, and military applications. Bringing these products to market will require the establishment of product co-devel-opment partnerships with branded marketing and distribution partners. CTP has already begun discussions with OEMs serving many of the targeted markets such as Cummins Power Generation. The company is

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Officers:Scott Rackey, President

Directors:Robert Shaw (Chairman)Willy OsbornMarkus Moor

Contact Information:131 Flanders RoadWestborough, MA 01581508-898-2223 x14508-898-2690 (fax)[email protected]





Commercial OpportunityThe focus of our initial marketing plan for Version 2 will be the power and oil refining industries. In the United States and Canada alone there are over 4500 power plants and 150 oil refineries. The number of plants worldwide exceeds 16000 and 900 for the utility and oil refining industries, respectively. While there is limited growth in the actual number of plants, the growth of networked sensors and monitored equipment in existing plants is expected to be very high due to the introduction of new M2M technology. The electric utility and oil refining industries both have aging infrastructures that can greatly benefit from iSagacity’s technology. Based on our pricing model, the North American power market alone is valued at over $500M.

Competitive AdvantageiSagacity’s technology patented self-learning algorithms provide a significant advantage over existing prod-ucts that require considerable configuration and attention by plant engineers. Manual review of sensor out-puts is also an alternative, however this approach becomes increasingly difficult as the shear mass of data increases in a large operation. Most companies have implemented some type of data historian to manage the data but it is often not analyzed in a timely basis if at all.

Future Financial PlansiSagacity has operated profitability since its founding in the 2nd Qtr of 2001. The company has sustained its operations through a consulting business and has re-invested earnings into the RM technology. Through the 2nd Qtr of 2007, total company revenues have exceeded $6MM, of which approximately $1MM has been invested into the development of RM technology. Product sales to data have been $1.3MM. We also have a royalty agreement in place for RM 1 with an OEM partner that has accrued $600K in royalties. These royalties are anticipated to be paid out over the next several years. We spun the consulting business out of iSagacity earlier this year to focus on the aggressive growth of the software business. We have recently received a development award from the MTI for $580K to complete field beta tests of our RM 2 product.

We are seeking capital to bring RM 2 to market. We are planning a Series A funding round of up to $2MM to close before June 2008. The Series A funds will be used to build a sales organization, to fund the sales & marketing plan, to upgrade and relocate our data center to a remote co-location facility as well as to provide working capital.

iSagacityPresented by:Peter Millett, CEO

Company OverviewiSagacity was founded in 2001 as a provider of engineering software and consulting services to the process industries. The company pro-vides best of breed process data mining and analysis software for the global process industries. iSagacity helps increase productivity and operating efficiency in its customer’s facilities thereby reducing O&M costs while also reducing energy usage.

iSagacity operates at the intersection of the Clean Energy and M2M sectors. In industry, the benefit of monitoring processes and assets to improve efficiencies, reduce maintenance costs, and to avoid un-planned outages and equipment failures is widely accepted. For most “wired” plants, the problem is no longer collecting the data, but making sense of it in a time frame that supports decision making. iSagacity solves this problem with advanced data mining and analysis software called Remote Manager (RM). RM 1 was introduced in 2003 and has been used in several applications. A major new version which incor-porates patented technology from NASA is being developed and com-mercialized by the company.


Product(s)/TechnologyiSagacity began developing Version 2 of RM by integrating the NASA algorithms with the RM platform. RM 2 employs a self-learning algorithm to analyze the expected relationships between different sensors in a system. The software learns the behavior of the system using clustering techniques to create a model of the monitored system. A pattern recognition algorithm compares learned behavior and model outputs to real time equipment data. The software provides early warning of abnormal conditions or potential efficiency losses, equipment and system diagnostics, and it can be used to develop condition based maintenance pro-grams. The RM platform includes the reasoning engine, a module for collecting and transferring sensor data over the Internet and a secure web site for visualizing actionable information.

Market and ApplicationThe market for RM software includes 335,000 process or manufacturing plants world-wide. Most plants today employ some degree of automation, and the adoption of advanced data mining and analysis software allows them to get the most out of their automation investment. The market is currently underserved with traditional condition monitoring software. Even with the current investment in technology, there is consider-able upside to additional investment by plant owners. On average, industrial facilities lose approximately 5% of the available capacity due to unplanned outages of critical components in the plant. Downtime results in direct loss of revenues, and increased operating and maintenance expenses. For example, a loss of 5% ca-pacity in North American power plants equates to a loss of revenue potential of $8B annually for the owners of those plants. If an oil refinery or semiconductor fab plant is shutdown for one day, the loss of production can easily exceed $1M.

Officers and Directors:Peter Millett, CEOJoe Bates

Contact Information:iSagacityPO Box 8060Portland, ME 04104650-740-9534650-726-7876 (fax)[email protected]





Secondary markets for LPS include outdoor lighting power supplies ($4 billion annually in the US) and rural electrification in the developing world ($38 billion annually for lighting alone).

In outdoor lighting MFCs are competitive due to the prohibitive cost of running grid-connected wires to in-dividual lamps, and the intermittent and seasonal value of solar. LPS’ MFCs cost $.50/Watt hour/day vs. as much as $1.00 in northern latitude countries like the US. Aesthetics are also an important consideration in outdoor lighting. MFCs would be installed below ground while solar panels must be elevated and are con-sidered unsightly.

In rural electrification and lighting MFCs remain cheaper than solar but have higher upfront costs than kero-sene lamps and batteries (which have high recurring and health costs). Finding appropriate distribution and microfinance will open up this largest of markets to LPS, where the fact that deploying MFCs does not require scarce materials, transmission lines, technical expertise or large amounts of capital will allow LPS to grow much faster than any other renewable energy technology, ultimately becoming a significant source of distrib-uted electricity generation at the “base of the pyramid”.

Commercial Opportunity We will partner with sensor network developers such as Crossbow Technologies and DUST Networks, as well as mote builders such as Moteiv in order to design power supplies that meet the needs of network users. We will sell our power supplies as part of complete networks through these established channels.

In lighting, we will work with fixture manufacturers to design whole lighting assemblies that take advantage of the MFC’s features and sell these light systems directly to government and corporate customers such as the City of Boston and Google, both of whom have expressed an interest in field testing MFC-based lighting.

At the base of the pyramid we will initially partner with government and non-profit entities to validate end-user adoption and then work with mobile phone companies to market chargers to their rural users and LED light-ing companies to sell MFC-powered home lighting systems.

Competitive AdvantageOur patents (filed in September 2007) protect the market for MFCs at the individual device and domestic scale. Other researchers are studying the possibility of utility-scale MFCs but they cannot make competitive smaller systems without the innovations we have filed to protect. Further, this is an energy technology that is new to the market place and will continue to improve in performance as Peter Girguis and Peter Kaufman continue their research and engineering, enhancing our advantage over more mature technologies such as batteries and solar.

Future Financial PlansSeed funding of $500,000 to $1,000,000 will be used to introduce two new products, improve the perfor-mance of the core technology using the resources of the Girguis Lab, and to target new markets for the technology. These funds will last six months to one year and will pay for salaries for 2-4 full time employees, product development consultants, patent costs, and R&D.

Series A funding of $2 to 3,000,000 will be used to introduce several more new products in established and new markets for MFCs, move the R&D process out of Harvard and into a proprietary lab with research staff employed directly by LPS, and to hire experienced C-level management. These funds, combined with rev-enue from product sales or royalties, will last 2 to 4 years and see the company to profitability.

Living Power SystemsPresented by:Peter Girguis, Chief Scientist

Company OverviewLiving Power Systems makes clean electricity from dirt. Our mission is to solve critical safety, security and productivity problems by providing persistent, affordable, clean and scalable power to new technologies and under-served markets. Living Power Systems’ (LPS) core technol-ogy is the microbial fuel cell (MFC) – a persistent, affordable, clean and scalable electricity generator that is only now commercially viable.

Because MFCs can outlast the devices they power, the company is focused on using MFCs to realize the potential of wireless mesh sensor networks to provide information that saves lives and promotes security. Using MFCs, structural monitoring sensors can be positioned under bridges where it is too difficult to change a battery frequently, and bor-der security sensors can be located in remote areas that are difficult to service.

Other promising markets include outdoor lighting - where many places go unlit and remain unsafe due to the prohibitive cost of running wires from the grid – and the rural electrification in developing countries, where solar power is expensive and scarce and the willingness to pay for basic electrical services is very high.

The company was founded by Peter Girguis (Assistant Professor of Microbial Biology at Harvard University), Peter Kaufman (Expert electrical engineer, Researcher at the University of Washington) and Michael Keating (Experienced entrepreneur, emerging technology consultant and environmentalist).


Product(s)/TechnologyLiving Power Systems’ Microbial fuel cell can harvest electrons from naturally occurring bacterial metabolism in soil or other organic matter anywhere in the world. Microbially-mediated energy cycles are among the largest flows of energy on earth. By tapping into and stimulating this natural phenomenon, LPS has created a power supply that can outlast the devices it powers at a very competitive price with no negative environ-mental impact and no inherent limits to scale.

Many promising off-grid and distributed generation applications demand a device that needs little or no ser-vice, refueling or replacement because many such applications are, by definition, removed from the services needed to maintain them. MFCs can (and do) run for years without servicing or refueling. Furthermore, they are cheap enough to be deployed in large numbers and clean enough to have no negative environmental impact.

Market and ApplicationLiving Power Systems’ initial target market is wireless sensors networks. Such networks are made up of many devices, and are often designed for use in inaccessible locations (pipelines, wilderness areas, war zones) to provide critical safety and security information. This is a new market opportunity that will be en-abled by LPS’ MFCs, not an existing market in which the firm will be trying to capture share.

Officers and Directors:Michael Keating, Acting CEOPeter Girguis, Chief ScientistPeter Kaufman, Lead Engineer

Contact Information:c/o The Girguis Lab, 16 Divinity Ave, Room 3085Cambridge, MA 02138(617) [email protected]





Commercial Opportunity The key to the success of ORPC will be demonstrating that the OCGenTM technology can be deployed in an environmentally friendly and cost effective manner, so that the electricity generated will be competitive with other new renewable and fossil fueled generation sources. ORPC preliminary projections show that electric-ity produced from OCGen™ projects will be very competitive, with breakeven costs in the range of $0.04 to $0.10 per kilowatt-hour. This will allow OCGenTM project owners to recover all of their fixed and variable costs and earn a reasonable return on investment at renewable energy power prices expected to prevail in the Maine/New England market in 2010 and beyond. The renewable energy credits generated by the OC-Gen™ projects will be sold to local utilities and/or to power marketers.

The ORPC business plan calls for the gradual build up of ORPC sale/installation capacity, reaching a steady volume of five tidal projects totaling 100 MW’s and two ocean current projects totaling 100 MW’s per year. ORPC will generate revenues from these sales/installations of OCGenTM modules through up-front and on-going royalty payments on each OCGenTM module/project Additional revenues will be earned from project development and operations and maintenance services provided.

Competitive AdvantageThere currently are no competing tidal/ocean current generation technologies that have reached commercial viability. Other companies with advanced prototypes utilize axial flow (“windmills under water”) technology that we believe will be inferior to OCGen™ technology.

Edge over competition: OCGen™ technology described above has only one moving part per turbine genera-tor unit, with no gears or pumps. These TGU’s are stackable and assembled in various configurations of one to eight units, depending on site configurations, on a semi-submersible module that will be located below the surface of the water and moored to the sea bed using conventional deep seal anchors. A typical project will consist of an array of OCGen™ modules. This arrangement is superior to the competition due to the simplicity of design, ease of installation with no permanent attachments to the seabed, no visibility from the surface, and flexibility in configuration to accommodate various site conditions. The procurement, manufac-ture and assembly of the equipment, its installation and maintenance will be less expensive, and require less time than competing systems. Since all electric generating units produce a commodity product, those than can produce at the overall lowest lifecycle costs with lowest negative attributes from pollution, environmental degradation, dependency on foreign fuel, or hazardous waste creation should be competitive winners.

Sustainability: ORPC is both a technology (equipment) provider and project developer. A lower cost of equip-ment, installation and maintenance than competitors, without requirement for unproven scale-up of prototype models, will provide a direct path to commercial viability and project implementation. Site control by ORPC provides a sure market for build-out of OCGen™ technology of several hundred MW’s over next 7 years.

Future Financial PlansAs of date of this application (September 1, 2007) ORPC is raising a final round of angel investor funding for up to $500,000 to fund completion of the TGU demo project and provide working capital for additional site develop, permitting and overhead until the first round of venture funding is raised after a successful demo of the TGU. The next phase of the company development will require $10 million in one or more raises to fund the final design, procurement, installation and testing of a full-scale OCGen™ module, that will be installed and tested at an ORPC site in Maine or Alaska. This funding will carry the company through 2010, when it is anticipated that first commercial sales/installation of OCGen™ modules will be accomplished. Additional investment opportunities exist for larger venture investors in ORPC project development of $50 to $100 mil-lion or more subsequent to technology commercialization.

Exit Strategy: ORPC anticipates a “liquidity event” with valuation based on a multiple of EBITDA or other cash flow indicator in 2012 or 2013, which could take out initial angel and venture investors. Based on cur-rent multiples for other renewable energy companies this could provide a valuation in excess of $100 million, excluding any investments in specific project.

Ocean Renewable Power Company, LLCPresented by:Christopher Sauer, President & CEO

Product/ Technology Profile The OCGenTM technology is based on a proprietary Cross Flow Turbine developed by ORPC that is matched with an ORPC-designed and pro-prietary focused flux permanent magnet generator. The advantages of this configuration are:

OCGen™ modules have a simple, robust turbine (prime mover) and power train with only one moving part as the twin turbines and single generator rotate on a single shaft. There are no gears, which is the leading cause of failure for axial flow (windmill) turbines.The turbines (patents applied for) rotate in one direction only, regardless of the direction of the current flow, so no reposition-ing is needed in tidal currentsSlower turbine tip speeds reduce wear and tear, noise, vibration and lower potential impacts on sea life.OCGenTM modules can be shop manufactured and will cost less to build, install and maintain.OCGenTM modules are “stackable” with a very low vertical pro-file making them adaptable to a variety of project sites.There is no impact on the surface of the water since the mod-ules will be installed at least 30-40’ below the surface, elimi-nating interference with commercial shipping and recreational boating. In addition, there is no “view shed” issue.Mooring systems (anchors) are used to hold the modules in place at an optimal depth off the bottom of the ocean. There are no pilings, foundations, etc. to disturb the bottom.OCGenTM modules are “smart” and submersible so they can be “told” to submerge and maintain a prescribed depth and “told” to come to the surface during maintenance or emergency situations.

ORPC has filed patent applications protecting proprietary aspects of the turbine design and manufacture; aspects of the design and manufacture of the permanent magnet generator; integration of multiple turbine units to the generator; and other aspects of the OCGen™ module

Market and ApplicationThe target market for the OCGenTM technology is electric utilities, project developers and strategic investors who want to develop, own and/or invest in renewable energy projects in coastal areas with appropriate tidal resources and in open ocean current applications throughout the world. On the East coast of North America, the most promising sites for tidal energy projects are in Maine and at selected sites along the coastline of northern New England States and the Maritime Provinces of Canada. On the West Coast, there is an abun-dance of sites from the San Francisco Bay north into Alaska. For ocean current projects, the best sites are in south Florida where the Florida Current flows within 15 miles of major metropolitan electric load centers.

ORPC controls sites in Maine, Alaska and Florida that have project development potential of several hun-dred, potentially thousands, megawatts of power. In addition, offshore OCGenTM projects could be used to produce hydrogen and/or fresh water from seawater that would be transported to shore in large tankers.

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Officers and Directors:Capt. Paul Wells, ChairmanChristopher Sauer, Pres. & CEOJohn R. Cooper, SVP & CFO Robert Mitchell, DirectorMartin Walicki, Director

Contact Information:1312 Rockland TerraceMcLean, VA 22101703-915-0834 703-734-0844 (fax)jcooper@ oceanrenewablepower.com





Future Financial PlansWe are offering the opportunity to invest in a for-profit business that will also have an environmental & social impact. Based on reasonable forecasts & assumptions, we estimate the business could generate $4.1M in operating profit in Year 5 of operations. To achieve this, we require a staged investment of $5M over 3 years.

Promethean Power SystemsPresented by:Sorin Grama, President

Company OverviewThe company will provide renewable energy solutions for applications that require a combination of heating, cooling and electricity. The tar-get market will be small-and-medium enterprises in rural and remote areas of developing world countries where the electricity supply is ei-ther not available or unreliable. Our first product will be a low-cost solar refrigerator that provides food storage for businesses in remote villages throughout India.

Product(s)/TechnologyOur product is based on a solar technology developed by MIT students and tested in the field in Africa. This solar technology combines parabolic-shaped mirrors with a small-scale thermodynamic engine (an Organic Rankine Cycle) to generate heat and electricity. A portion of the heat is converted to cooling using an ab-sorption chiller cycle. The technology uses unique combination of off-the-shelf parts (such as car parts) and common plumbing supplies to achieve cost targets and ensure that the product can be manufactured and maintained locally.

Market and ApplicationA month-long market study conducted by our team in the summer of 2007 revealed a large business oppor-tunity for a food storage solution that reduces the operating costs in one of India’s food processing industries. Our initial target customers will be small businesses in this industry segment which have expressed their need for a reliable, low-cost, distributed solution to provide food storage in remote villages throughout India where electricity is either non-existent or unreliable. This industry is well organized, profitable, growing and exerts a positive influence on the hundreds of thousands of small farmers who produce its raw material.

Commercial Opportunity Over two billion people in developing countries have no access to modern energy sources. World’s energy demand is expected to increase 60% by 2030, and a majority of this increase will come from developing world countries. India’s chronic shortage of electricity is a prime example of the gap in energy demand and supply in developing world countries and provides a unique opportunity to launch a business aimed at solv-ing this need. Our team is well positioned to take advantage of this opportunity. Through a World Bank-sponsored project currently underway in Southern Africa, we’ve developed two prototypes of a solar energy system that generates all three elements of energy needs: heating, cooling and electricity unlike other solar products (such as PV) that generate only electricity.

Competitive AdvantageCurrently, commercial refrigerators for food storage use diesel generators to supply electricity during the frequent blackouts. As such, the cost of running and maintaining a commercial refrigerator is very high. We will provide a small-scale solar refrigerator that uses free energy from the sun (in conjunction with a fossil fuel backup) to significantly reduce the operating cost. A design that maximizes efficiency and a control system that orchestrates the operation of our product will be unique elements of our technology. Continuous technol-ogy improvement and partnerships with local business associations will provide our sustainable competitive advantage.

Officers and Directors:Sorin Grama, PresidentSam White, COO

Contact Information:One Broadway, 14th floorKendall SquareCambridge, MA 02142Ph: (415) 847 [email protected]





rating innovative technologies into their products (i.e., Power Tools, Aerospace and Defense, and Automo-tive, Wind Power and Industrial). Once the initial products are in the market, the Company may consider licensing the technology to the traditional motor and generator manufacturers for broader penetration into the rest of the market.

Competitive AdvantageThe intrinsic cost and performance benefits are detailed above in the Product section. The Company has a broad and expanding intellectual property portfolio that is center to the Company’s strategic positioning in the marketplace.

Future Financial PlansThe Company is currently raising a $2-3MM Series A financing that will be used to hire key employees, ex-tend the Company’s intellectual property portfolio, fully develop industry and company specific applications/prototypes with our strategic partners, explore key expansion initiatives and for working capital purposes.

QM Power, Inc.Presented by:PJ Piper, President & CEO

Company OverviewQM Power, Inc. is a Delaware C Corporation founded in November of 2006 to capitalize on proprietary and patent pending advances in a low cost, high performance electric motor, generator and actuator technol-ogy called Parallel Path Magnetic Technology (PPMT™). PPMT is a breakthrough technology that uses permanent magnets in a novel yet simple and efficient magnetic circuit design that can substantially re-duce cost and improve power, efficiency and reliability for almost any electro-mechanical application. The Company expects to be profitable on an operating basis within the first two years and then, given its low capital requirements and market leverage with its strategic partners, become significantly cash flow positive. The Company was founded by PJ Piper, previous founder of Aspen Aerogels. At Aspen Aerogels he raised seven rounds of equity and debt capital, managed a 15 fold increase in headcount (to over 150 personnel), secured multiple manufacturing facilities with a production capacity in excess of $100 million in revenue and commercialized the aerogel nanotechnology in the oil and gas, industrial, automotive, apparel and military markets.


Product(s)/Technology1. Product: Electric motors, generators and actuators.2. Function and Benefit: While the key benefits are application specific, for variable load and speed ap-

plications (power tools, electric and hybrid-electric vehicles, robotics, etc), QM Power’s motors will have 27%+ greater “average” power (high and low end torque advantages up to 4X – reducing need for gearing etc), from 75-109% greater “average” energy efficiency (doubling the battery life etc), greater reliability and lower weight, volume and cost. For variable speed generation applications (wind, hydro, electric and hybrid electric vehicles, etc), QM Power’s motors will have 2-10X the power density, enabling much lighter weight, smaller solutions, leading to dramatic reductions in hardware, installation and gearing costs. For fixed speed applications, QM Power’s motors, generators and ac-tuators will have 10-20% “peak” efficiency performance advantages at lower cost.

3. Development Stage: QM Power has several prototypes currently being tested and evaluated with its development partners.

Market and Application

There are over $100 billion of motors, generators and actuators produced each year (based on public com-pany annual reports alone). Since QM Power’s solutions will always be lower cost and higher performance (implicit advantages), the entire market will eventually be addressable for QM Power.

Commercial Opportunity Over 70% of total global electricity is consumed in motors. Effectively, anywhere there is motion, there is likely to be a motor, generator or actuator involved. QM Power will first work with market share leaders in $100+ million markets with the highest identifiable value propositions and a track record of adopting/incorpo-

Officers and Directors:PJ Piper, President & CEO

Contact Information:347 Francestown Road

Greenfield, NH 03047(603) 547-2020(603) 547-2069 (FAX)[email protected]





5. Regeneration of the magnesium slurry to magnesium hydride slurry by the addition of hydrogen. The regeneration will be done where hydrogen can be purchased or made cheaply

MarketsThe primary long term market application is broad based hydrogen energy distribution.

Safe Hydrogen technology is aimed at removing critical road blocks such as safety, storage efficiency, costs, and Infrastructure needs. Near term emerging hydrogen applications in the replacement of fossil fuels are still limited to test markets. Fortunately an existing industrial hydrogen market (not the primary target for a clean energy mission) may provide near term revenues, investment return and sustaining business till the emerging markets provide the primary revenue and results.

As an enabling technology, marketing and sales of Safe Hydrogen products would require partnering with other companies selling power generation from fuel cells or converted IC engines. Emerging opportunities include automotive/gas partners expanding fueling station networks for prototype fuel cell vehicles as well as companies providing conversions of existing IC engines to hydrogen (especially in California)

Safe Hydrogen has established communications with several Automobile companies ( via work on the Free-dom Car/DOE project) and several Gas companies such as Shell Hydrogen and BOC/Linde. Early estimates indicate a $ 20 million hydrogen sale potential in emerging prototype markets

For immediate commercial opportunity the technology looks to provide a lower cost alternative to especially gaseous distribution of hydrogen. Discussions with BOC and Shell Hydrogen indicate that the opportunity (based on successful demonstration) is most likely in Europe. The US distribution structure of liquid hydrogen was funded by NASA and would be difficult to replace. The European market for transported hydrogen is valued at around $1 billion. This would require a sales/lease of the rights to the technology to Linde, Praxair, Air Products and Chemicals, or Shell Hydrogen. Exploratory discussions about the technology with Linde and Shell indicate an interest once complete demonstration has been achieved.

The Business Plan for the requested investment would show the first potential sales of prototype equipment about 2 years after funding start. The prototype target would be fueling stations for hydrogen fueled vehicles. Hydrogen would be generated at the station from the slurry.

Future Financial PlansThe company is seeking funding to achieve 3 benchmarks:

1. Confirm the number of charge/discharge cycles for a magnesium based slurry. 2. Explore alternative materials to engineer other environmentally suitable slurries that can be charged/

discharged with hydrogen at lower temperature. 3. Engineer and build several commercial scale charge and discharge prototypes that can be used for

commercial demonstration and field tests.Required funding is $1.5 million for two years. Company will continue to operate in outsourced facilities and with limited staffing.

Safe Hydrogen, LLCPresented by:Sigmar H. Tullmann, President

Company OverviewSafe Hydrogen is focused on developing hydrogen storage technologies that can store high concentrations of hydrogen in consumer friendly liq-uid fuels. The mission is to enable safe, cost effective broad-based use of hydrogen by providing non flammable and environmentally friendly fuels that can store and release hydrogen and utilize the current fossil fuel distribution infrastructure.

The company intellectual property (patents applied for) includes the design and creation of the hydrogen storage fuel (hydride slurries) and the design and engineering of the hydrogen storage and release pro-cess and relevant equipment. The company expects to license the use of the technology and remain an engineering development company focused on applying the technology to emerging large scale hydrogen energy applications. With this approach, the company will provide safer and lower cost hydrogen transportation for current industrial hydrogen markets.

The company is finishing the analysis of a technology that provides an on-board hydrogen storage option for future hydrogen vehicles. That work has been primarily funded by the DOE. It requires very large scale use to be cost-effective.

The second technology enables the emerging broad consumer hydrogen market while providing a lower-cost solution for the current industrial market for hydrogen transportation, This new technology needs to be economically validated and further developed. It will be the focus of the company starting in 2008 and for this work the company is seeking new funding.

Product/ Technology Profile Safe Hydrogen, LLC is developing and plans to commercialize a technology for the safe and efficient trans-portation and delivery of bulk quantities of hydrogen. This slurry plus heat (S+H) technology enables a broad based use of hydrogen for powering fuel cells, internal combustion engines, and gas turbines.

The technology solves two key problems of transporting and storing hydrogen – density and safety. The den-sity of hydrogen carried by the slurry is equal to that of liquid hydrogen. The slurry is nontoxic, safe to handle, and will be continuously recycled. The hydrogen carried by the slurry is not released till needed and the slurry itself is stored and transported at normal temperatures and pressures. Because the slurry is a pumpable fluid, no new hydrogen distribution infrastructure is needed. Current rail cars, barges, tanker trucks and filling stations can be used for storage and distribution.

The S+H technology stores hydrogen by utilizing reversible hydride slurry. Five distinct steps are required in the delivery of the hydrogen:

1. Production of a reversible hydride slurry (in this case magnesium hydride)2. Transportation of the reversible hydride slurry3. Heating of the reversible hydride slurry to release the hydrogen4. Transportation of the reversible hydride byproduct (in this case magnesium slurry) to the centralized

production facility

Officers and Directors:Andrew W. McClaine, CTOSigmar H. Tullmann, PresidentKenneth Brown, Business Devel-opment/Financial Administration

Contact Information:4 Bates RoadLexington, Ma. 02421781 861 [email protected]





Market and ApplicationApplications: The Sanderson Mechanism is applicable to an enormous variety of industrial and motive ap-plications. Some examples include:

Hydraulics: Current hydraulic technologies are roughly 50% efficient in low speed, high torque appli-cations. Sanderson’s 80 to 90% efficient technology has the potential to address multi-billion markets for next-generation hydraulic applications.Hydraulic Hybrid Vehicle: The Sanderson Mechanism’s extremely low friction and variable compres-sion ratio mechanism has the potential to become the basis of the world’s most efficient hydraulic hy-brid vehicle. Such a vehicle would have far greater efficiency than the present battery-based hybrids and could result in the elusive “100 mile per gallon” vehicle.Pumps and Compressors: The Sanderson Mechanism has been successfully applied to developing a number of high-efficiency, next-generation pumps and compressors. Refrigeration: Sanderson’s variable displacement technology and its ability to operate efficiently un-der part-load conditions make it ideal for refrigeration applications. Other: Windmills, fuel cells, motors

Commercial Opportunity Sanderson is in discussions with a number of the largest industrial companies to promulgate its technology. These include Cummins Diesel, GE, Lockheed, Bosch, and Briggs & Stratton. Cummins has three engi-neers working full time to assess the Sanderson mechanism, and Lockheed and GE are pursuing a number of military applications for the US Army, Navy and Air Force. The likely relationship with each of these com-panies will be for Sanderson to license its technology or to form a joint-venture.

Competitive AdvantageThe Sanderson Mechanism has the potential to dramatically improve the efficiency of pumps, compressors and engines. In particular, it is more compact, lighter, simpler, and cheaper to both build and operate than its competition. With respect to engines, it also features the ability to vary both compression ratio and displace-ment. Finally, it can be combined into an integral engine and hydraulic pump configuration to provide even greater competitive advantages.

Future Financial Plans

The Company is seeking approximately $3 million to allow it to complete its integral engine/hydraulic pump which will form the basis of a full “hydraulic hybrid” automobile.

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Sanderson Engine Development Company

Presented by:John Fox, President

Company OverviewSanderson Engine Development, LLC was formed in 1998 to devel-op and commercialize the Sanderson Mechanism invented by Robert Sanderson. The Sanderson Mechanism is a revolutionary technology that can convert reciprocating motion into rotary motion and vice versa with almost no efficiency losses. It can be applied to any design that presently uses a crankshaft, bent axis, swash plate, or wobble plate. The applications for this technology include hydraulics, pumps, com-pressors, engines, and transmissions. The markets for these applications include hybrid vehicles, construc-tion vehicles and equipment, refrigeration and air conditioning systems, and pumps and compressors.

In 7 years of operation, Sanderson has received multiple patents, successfully tested prototypes under a wide range of conditions, and signed development agreements with a number of major US companies. The Sanderson Mechanism has proven scaleable and widely applicable beyond engines. Development projects by licensees range from 500 horsepower pump to 5 HP compressors, from a hydrostatic transmission to refrigeration systems. Sanderson’s business model is to license its technology in exchange for future royal-ties.


Product(s)/TechnologyThe Sanderson Mechanism: Using a unique and simple transition arm mechanism, the Sanderson Mecha-nism is a paradigm shift from conventional designs that employ a crankshaft, bent axis, swash plate, or wobble plate to convert reciprocating motion to rotary motion or vice versa. Relative advantages of the Sanderson Mechanism include variable speed operation without separate control devices, fewer parts, 10-25% greater fuel efficiency, major decreases in footprint and weight, near perfect balancing resulting in lower vibration and noise, and the ability to vary compression and displacement on the fly. Sanderson Mechanism has proven scaleable and widely applicable beyond engines. Development projects by licensees range from a 500 horsepower pump to 5 HP compressors, from a hydrostatic transmission to refrigeration systems.

Officers and Directors:John Fox, PresidentRobert SandersonDr. Albert Sanderson

Contact Information:16 Tyler RoadUpton, MA 01568508-478-4454508-478-8681 (FAX)[email protected]





competitive advantage through word of mouth with other towns, and the company has early opportunities with two town out of state.

Future Financial PlansSmith Energy is seeking $3.5M in equity financing to be used for securing additional PPA’s, securing permits, approvals, and land use rights for construction of plants, and for company operations, salaries, overhead, etc. The company projects cash flow positive, self-sustaining by 2010 with a single round of equity based on the current projects under consideration.

Smith Energy Presented by:Ken Smith, Founder & CEO

Company OverviewSmith Energy is a renewable energy systems integrator that develops mid-range solar & wind plants (5-30MW) working with Mass-based mu-nicipal light districts. The company has 3 Power Purchase Agreements pending that include a baseline price and a proprietary index-based pricing model. Smith Energy’s CEO is a career entrepreneur who has held management roles in 7 startups, its COO was previously COO of a public energy company and holds an MBA/JD, the VP finance has over 20 years of energy and renewable energy project finance experience, and the community rep. is widely known and respected in our target market. The company has also hired an international engineering firm with over 30 years experience in North America, Europe, and Asia.


Product(s)/TechnologyResearch into successful renewable energy projects such as the Navarre Region in Spain clearly indicate that a collaborative approach to community involvement, coupled with an adaptive/flexible approach to sys-tems design to accommodate issues of visual and environmental impact and NIMBY politics are critical suc-cess factors; These factors have often not been employed by projects that have been rejected locally. Smith Energy develops mid-range renewable energy power plants with reduced visual and environmental impact. The company uses multiple vendors of proven solar, wind, and battery technology from known companies, and incorporates the latest technologies into its design. We work cooperatively with local municipal light plants and towns to determine needs, design appropriately sized plants, and secure early support and back-ing for projects from local community leaders. This approach enables Smith Energy to obtain permits and approvals rapidly and move projects from PPA contracts to operating plant within 12-18 months of contract signing.

Market and ApplicationThe total domestic market for Smith Energy’s mid-range plants is estimated at $29B; the market in Massa-chusetts alone – the initial target market – is estimated at $10B

Commercial Opportunity Smith Energy’s initial target market is the 40 Massachusetts-based municipal light districts. This market represents a $1.0B market opportunity based on an average of one 10MW plant in each town. The company is already in negotiations with 3 towns for power purchase agreements, is in early discussions with 2 others, and has received numerous inbound inquiries from other towns. The company will use direct sales and word of mouth referral to reach target towns.

Competitive AdvantageSmith Energy’s approach to mid-range plants is unique. It provides sufficient scale to be financially vi-able, yet is of a scale that many federal, state and local approvals/permits are not required. In addition, the company’s strategy of working collaboratively with the towns from the very beginning is already creating a

Officers and Directors:Ken Smith, Founder & CEO

Contact Information:7 Newport Rd., No 8Cambridge, MA 02140617 283 5057617 492 5490 (FAX)[email protected]





for installation of the first transportable cellulose preprocessor systems. Animal feed supplements produced from non-dairy farm sources can be marketed to neighboring dairy farms. Expansion of the SweetWater process throughout New York State and other states will quickly follow installation of the first production systems in Western New York.

Competitive AdvantageSweetWater’s decentralized process increases the ethanol yield per acre. SweetWater’s system and busi-ness model is supported by a pending patent on the decentralized processing of ethanol, which can reduce feedstock transportation, capital and storage cost.

All known cellulose based ethanol companies use a central biorefinery. The biorefinery plant size determines the biomass transportation cost, the larger the biorefinery the greater distance they will have to transport biomass from to meet supply requirements. Conservation of transportation fuel required to truck the biomass to the biorefinery needs to be of the highest priority, because fuel cost substantially contributes to the produc-tion cost.

Future Financial Plans2.2MM to support the building of a two preprocessor systems this will be used in conjunction with one of the local corn processing biorefineries and business development cost. To be completed in 2008

SweetWater Ethanol, LLC Presented by:Jerry Horton, CEO

Company OverviewSweetWater has developed an on-farm process and business method to produce a concentrated precursor to cellulose based ethanol that can be sold to existing ethanol refiners. In addition the process pro-duces a protein enhanced animal feed supplement which remains on the farm reducing the cost of biomass/feedstock transportation and processing cost.

Current corn-grain yields are about 416 gal of ethanol/acre, by using the corn grain, the remaining solids, and stover (the whole plant) would increase the yield to roughly 700 gal of ethanol/acre.

SweetWater processes anaerobically stored lignocellulosic whole plant corn biomass by converting the majority of the dry matter carbohy-drates into a liquefied precursor to ethanol, retaining the remaining car-bohydrates, fiber, protein, vitamins and minerals as an enhanced feed supplement.

Product(s)/TechnologyCurrently ethanol production essentially ferments the sugar in the plant, which is why traditional ethanol production deals only with the edible portions, where the natural sugars are concentrated. The United States has no built-in infrastructure for gathering the 90-plus percent of the corn plant that is not used in the food chain. Most feel that for cellulosic ethanol to work, the whole plant needs to be gathered and transported to centralized locations for processing, but moving such bulk is an energy-intensive task and until now, this obstacle has been the true deal killer.

SweetWater’s transportable processors, process single passed over the fields harvested whole plant bio-mass that is anaerobically stored at or near the harvest site. SweetWater converts a percent of the biomass carbohydrates into a liquefied precursor to ethanol, retaining the remaining carbohydrates, fiber, protein, vitamins and minerals as an enhanced feed supplement which is used at the farm producing the biomass.

SweetWater’s precursor to ethanol is a fermentable ready liquid delivered to biorefineries at the same or lower cost per equivalent gallon of ethanol produced as the price of corn to produce a gallon of ethanol. Ethanol produced from such precursor is cellulose based ethanol.

Market and ApplicationEthanol producing companies using SweetWater’s liquefied precursor to cellulose based ethanol will enjoy lower costs for biomass transportation and capital equipment. This includes reduced costs for biomass stor-age and material handling systems at the biorefinery. No byproduct drying equipment required or operational cost incurred. Currently there are five ethanol biorefineries under construction in Western New York, and all have expressed an interest in producing cellulosic based ethanol; they will be the first targets for SweetWa-ter’s precursor to ethanol.

Commercial OpportunityDairy farms need to purchase feed supplements to add to there home grown feed. The SweetWater produces an ethanol precursor and a co-product enhanced feed supplement. Therefore, dairy farms will be targeted

Officers and Directors:Jerry Horton, CEO Carl Lundgren, Director of Sci-ence Frank Miller, Director of Engi-neering

Contact Information:6765 East River RoadRush, NY 14543-9736585-533-1771888-790-7001 (fax)[email protected]





Commercial OpportunityThe ‘autonomous’ and ‘BIPV’ market targets have essentially the same buyer/influencers: architects and contractors seeking novel power systems and materials to enhance building functionality and reduce operat-ing costs. Vanguard Solar will follow established distribution paths in accessing these customers through its own marketing/sales organization and via global distribution partners. We will initially produce modules comparable in design to existing products – though superior in performance and costs! – to facilitate rapid market acceptance.

The centralized ‘utility’ solar market is also well developed. A more concentrated and B2B-type market, it offers Vanguard Solar access via ‘strategic partners’ (ex: BP Solar, GE Energy) and via direct sales to major utilities integrating into new generation technologies themselves.

The acquisition and operating cost advantages of the Vanguard Cell will be our initial key selling points. New lower-cost module/array designs and installation procedures will then be rolled out thanks to our truly ‘thin’ and flexible film attributes, increasing the applications range of our product. And given the PV market’s high growth rate, Vanguard Solar’s ability to quickly and cheaply add major capacity will competitively enhance our customer service potential.

Competitive AdvantageThere are generally three types of existing or in-development photovoltaic products:

1. Rigid, monocrystalline silicon 2. Thin-film amorphous silicon 3. Other ‘thin-films’ – including organics/dye and CIGS/CIS

All of these technologies have limitations regarding their high production costs, low conversion efficiencies and/or complexity of scaling production beyond niche markets.

Vanguard Solar resolves the limitations of these competitive approaches. Its efficiency will exceed current monocrystalline Si under operating conditions (NOCT). And …

Low materials costs and operating expensesMinimal capital investmentsarge-scale production efficiencies

… will generate sustainable energy costs at a fraction of all other systems. Future flexible module designs and installation system evolutions will extend the advantages of the Vanguard cell and additional technology developments underway with the US Air Force will support 2nd-gen products.

Future Financial Plans An initial amount of US$3 million is sought to fund a Phase I/Development Lab program to:

Transfer incubator operations from Rice University to a commercial lab facility in the Boston areaRecruit 3-4 additional FTE’s (one each: Head of Chemistry, Head of Electronics and a lab assistant) in addition to existing two ‘management’, and support operations for up to twelve (12) months During this phase the company will finalize scale-up of chemical processes, selection of cell sub- and superstrate materials and will develop initial Bill of Materials information and identify suppliers and primary contract/toll manufacturer.

A second round of US$4M is then anticipated to fund a Phase II/ Pilot Production operation of 6-12 mos to

Initiate pilot operations at contract manufacturer facilitiesIntegrate materials sourcing/handling into contractors’ logistics systems Provide initial pilot materials to potential strategic partners/customers.

An additional 2-3 FTE’s will be added: Head of Manufacturing, Controller/CFO and office manager/admin.

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Vanguard Solar, Inc Presented by:John Palmer, President & CEO

Company OverviewUsing novel and proprietary processes, Vanguard Solar will produce thin-film photovoltaic materials which generate energy at a lower cost ($/watt) than other solar/PV and most alternative energy technolo-gies.

Our company will become a major manufacturer and distributor of solar modules/arrays worldwide to all major on- and off-grid PV markets. Vanguard’s cell technology is based on proprietary chemical pro-cesses (patent issued) and novel cell designs using nanostruc-tured elements to achieve very high performance at extremely low production costs. The cell material is not silicon-based, but uses readily available and well known inorganic semiconductor materials; the Vanguard Cell technology resolves prior quality/cost issues with these materials and further enhances the cell’s performance with novel nanotechnology features.Our manufacturing strategy will enable rapid scale up and very large-scale roll-to-roll production vol-umes with minor capital expenditure, promptly generating substantial worldwide revenues and highly attractive profits and ROI. Key Founder and Management backgrounds include 30+ years of NASA-directed PV development, similar experience in chemistry and nanotechnology materials sciences at Rice and Harvard Universi-ties and in senior management roles in start-up and large-scale technology businesses.

Product(s)/TechnologyWhile solar energy holds great promise in addressing the global energy crisis, existing solar energy technolo-gies are expensive to produce and/or have only modest energy conversion performance.

Vanguard Solar’s cell technology successfully addresses both performance and cost. The Vanguard Cell uses high bandgap semiconductor materials to achieve significant electron-hole pair generation and incor-porates nanomaterials to capture and transport current efficiently with minimal loss from recombination and internal resistance.

Vanguard’s proprietary chemical production process and toll-use of existing very-large-scale film/coating industry manufacturers enables very low cost cell production and minimal capital investment.

Market and ApplicationThe Vanguard Solar cell will be competitive in all three major solar energy markets which currently account for a $10+ Billion global market growing in excess of 25% a year:

Off-grid autonomous buildings and installationsGrid-connected building-integrated photovoltaics (BIPV) marketsGrid-connected centralized utility systems.

The Vanguard Cell production system does not require major capital investments or long construction times to increase capacity; adding hundreds of kWatts to the market with Vanguard Solar is a matter of months not years and a few million - not hundreds of millions - of dollars.

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Officers and Directors:John Palmer, President, CEODr. Dennis Flood, Founder, EVP & CTODr. Donald Ciappenelli, Board Chair

Contact Information:365 Boston Post Road #303Sudbury, MA [email protected]





Compact designResistant to plugging & foulingResistant to corrosionSimple design - no moving partsTemperature - 450 to 800 C+Pressure - 50 to 350 barLiner protects the pressure vesselVariety of liner materials available

Market and ApplicationThere are multiple large potential markets including: municipal, industrial, petroleum, petrochemical, medical and military – all are potentially worldwide markets.

Treatable agents include many toxic and non-toxic organic wastes that are environmental problems. VEI’s technology will eliminate the waste and convert it to a valuable source of renewable energy. •

Commercial Opportunity Revenue will initially be generated by licensing fees and royalties on waste processed and energy gener-ated. Eventually, VEI intends to own plants used by its customers.

VEI’s technology will replace incineration, landfill, and land application for many hazardous and non-hazard-ous wastes. In addition, VEI’s technology will significantly reduce the operating costs of traditional waste-water treatment systems. It will eliminate the need for anaerobic digestion, dewatering, drying, packing, transport and transportation. The operating cost savings will be 30% or greater.

Competitive AdvantageVEI holds key US patents to a cost-effective reactor design capable of processing difficult wastes. The destruction and removal efficiency is greater than 99.99%. The investment payback period is 2 to 4 years depending on the size of the plant.

Future Financial PlansThe Company is seeking $5 to $7 million to design, construct, install and operate one transportable commer-cial-scale “demonstration” plant, sized to treat 3.0 metric tons per day (dry) (“MTD”), plus one mobile plant sized to treat 1.0 MTD for treatability testing, on-site batch toll-processing, and in-house R&D.

The funding will also enable the company to complete:

1 Basic engineering - includes PFD’s, equipment specifications, plant layout, project schedule and manufacturing cost estimate,

2 Detailed engineering and design - includes final PFD’s, P&ID’s, piping/instrumentation/electrical fab-rication drawings

3 Procurement, and 4 Assembly and testing.

The funding will also allow the Company to develop the initial staffing for engineering, project management, installation and field operations to support the first plant and plants licensed to customers.

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VEI, LLCPresented by:Thomas G. McGuinness, President

Product/ Technology Profile A proprietary reactor design employing a replaceable permeable liner, or transpiring-wall (“TWR”), has been proven to resist fouling, corrosion and thermal attack.

SCWO is widely recognized for its capacity to destroy toxic or hazard-ous materials and non-hazardous wastes. In the supercritical oxidation process a solution containing the hazardous component is heated to near-critical or supercritical conditions in the presence of appropriate oxidizers. Under hydrothermal processing conditions the main compo-nents of the waste are converted to three harmless byproducts: water; nitrogen; and carbon dioxide.

Forschungszentrum Karlsruhe, a leading German national laboratory, has built and tested a TWR pilot plant capable of treating 0.5 metric tons per day of organic waste. “We clearly can say that most of the wastes can be treated with a transpiring-wall reactor much better than using a pipe reactor, because both plugging and corrosion is avoided or strongly reduced. Moreover, the transpiring-wall reactor can handle much higher organic waste concentrations and also more inorganic load (salt and inert solids) and is thus for almost all industrial applica-tions superior to the pipe reactor.”

TWR SCWO ProcessThe target waste stream is pumped to reactor pressure and then heated to a temperature sufficiently high to initiate spontaneous reaction upon mixing with the oxidizer. Compressed air is the most commonly used oxidizer.The organic constituents of the waste are rapidly and efficiently converted to carbon dioxide, water and heat. Destruction and removal efficiencies in excess of 99.99% are possible. Residence times <60 seconds are usually sufficient. Halogen compounds such as chlorides are converted to a salt. Other inorganics are converted to a non-leachable solid powder.SCWO is the subject of intensive research worldwide and is frequently cited as a preferred means for destroying a wide variety of hazardous and non-hazardous wastes.Commercial success for SCWO technology hinges on having a cost-effec-tive reactor design capable of handling the aggressive oxidizing conditions within the reactor.

TWR advantages include:

Replaceable permeable inner liner Higher feed rates

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Officers and Directors:Thomas G. McGuinness, Presi-dentFrancis S. Wilson III, Chairman

Contact Information:PO Box 6Windsor, VT 05089603/359-7330707/581-1749 (fax)[email protected]://www.turbosynthesis.com/summitresearch/sumhome.htm

Exhibitors � 85


Additional ExhibitorsAcumentrics Corporation .................................................................................... 86

Steve �Graves

American DG Energy Inc. .................................................................................... 86Barry J. Sanders, President and COO

CAPS Energy Ltd. .................................................................................................. 86D’vorah �Graeser

Climate Energy ...................................................................................................... 87Lynn Masterson

ElectroChem, Inc.................................................................................................. 87Radha Jalan, Ph.D.

FloDesign Inc. ........................................................................................................ 87Stanley Kowalski III

Fraunhofer Institute for Solar Energy Systems ISE ........................................ 88Prof. Roland Schindler

Massachusetts Green Energy Fund .................................................................... 88Jay �Fiske

New England Clean Energy Council ................................................................... 89Nick d’Arbeloff & Annie Johnson

Practical Solar, Inc. .............................................................................................. 89David Howell

Quantum Dynamics, Inc. ..................................................................................... 89Carl �Sheldon �

Spire Corporation ................................................................................................ 90Mark Willingham, Vice President Sales & Marketing

Tufts University: Chemical and Biological Engineering .................................. 90Prof. Maria Flytzani-Stephanopolous

Note: All Startup Companies in the Pitch Sessions also have Exhibit Tables

86 � Exhibitors


Exhibitors � 87


Climate EnergyLynn Masterson

93 West StreetMedfield, MA 02052508-359-4500 [email protected]

Climate Energy has developed a Micro-Combined Heat and Power, or Micro-CHP, system for the home, which can dramatically lower overall energy use and reduce impacts on the environment. The fuel used to heat the home is used twice: first to generate electric power, and then heat the home.

ElectroChem, Inc.Radha Jalan, Ph.D.

400 West Cummings ParkWoburn, MA 01801781-938-5300781-935-6966jbernier@fuelcell.comwww.fuelcell.com

ElectroChem, Inc. with 40 years of experience in fuel cell technology is a market leading company in devel-oping innovative solutions for its customers. Its world wide distributors create an industry leading supplier network of fuel cell components and test equipment to researchers around the globe. And not only does ElectroChem offer a comprehensive line of standard products – but it manufactures customized fuel cells, electrodes, MEA’s based of specific customer needs.

FloDesign Inc.Stanley Kowalski III

380 Main StreetWilbraham, MA 01095(413) 596-5900 (413) [email protected]

FloDesign applies aerodynamic principles to commercial problems, like our Mixer Ejector Wind Water Tur-bine (MEWWT) that will operate in wider flow environments giving increased site availability across the country. The technology promises to cost less to build and operate while breaking the design limitations of current devices.

Acumentrics CorporationSteve Graves

20 Southwest ParkWestwood, MA 02090781-461-8251 [email protected]

Acumentrics is a leading developer of innovative solid oxide fuelcells and rugged uninterruptible power sup-plies. Our fuel cells run on conventional fuels and biofuels and generate power twice as efficiently as equiva-lent engines with no NOx or SOx. Waste heat from the fuel cells can be used to provide an overall fuel use efficiency in excess of 80%.

American DG Energy Inc.Barry J. Sanders, President and COO

45 First AvenueWaltham, MA 02451781-522-6000781-522-6050info@americandg.comwww.americandg.com

American DG Energy supplies low-cost electricity, heat, hot water and cooling. We own, install, operate, and maintain complete cogeneration and cooling systems. With our On-Site Utility, you have no capital costs for equipment. Turnkey installations are available. Call today to learn more about our green energy solutions with guaranteed savings.

CAPS Energy Ltd.D’vorah Graeser

PO Box 249613 HaSadna StreetRaanana, Israel 43650972-9-744-0433 [email protected]

CAPS Energy has developed and tested a unique power regulation system that eliminates the need for gear-boxes in wind turbines. CAPS VRS delivers stable voltage output even in highly variable winds that would otherwise cause the generator to deviate from its rated nominal RPM speed by up to 60%.

88 � Exhibitors


Exhibitors � 89


New England Clean Energy CouncilNick d’Arbeloff & Annie Johnson

20 University Rd., Suite 450Cambridge, MA 02138617-234-7065 617-234-7040 (fax)[email protected]; [email protected]://www.cleanenergycouncil.org

The New England Clean Energy Council’s mission is to accelerate New England’s clean energy economy to global leadership by building an active community of stakeholders and a world-class cluster of clean energy companies.

The Council represents a diverse set of stakeholders, including industry associations, area utilities, local universities, labor and large commercial end-users. The Council’s ranks also include 30 CEOs of the region’s leading clean energy companies, representatives from most of the State’s top 10 law firms, and partners from over a dozen of the top New England venture capital firms (with a total of over $8 billion under manage-ment).

Practical Solar, Inc.David Howell

516 East 2nd Street, Unit 18South Boston, MA 02127617-464-1770 [email protected]

Practical Solar, Inc. has developed the world’s most versatile small-scale concentrating solar power (CSP) system. Practical Solar heliostats are installable by hand, individually targeted, and controlled by software operating as a background program on any PC. The system holds promise for natural lighting, desalination, distributed generation, and various thermal applications.

Quantum Dynamics, Inc.Carl Sheldon

164B Yankee Park Rd.Fairfax, VT [email protected]

Quantum Dynamics has developed and patented an innovative dual functional core. In one mode it is used for heating, in the other mode it is used to generate hydrogen from distilled water. We are looking for part-ners to continue the development and manufacture products.

Fraunhofer Institute for Solar Energy Systems ISE Prof. Roland Schindler

Heidenhofstr. 279110 Freiburg, Germany +49-761-4588 5252 +49-761-4588 9252 (fax)[email protected]

The Fraunhofer Institute for Solar Energy Systems ISE conducts research on the technology needed to supply energy efficiently and on an environmentally sound basis in industrialised, threshold and developing countries. To this purpose, the Institute develops systems, components, materials and processes for the following business areas: buildings and technical building services, optical components and systems, solar cells, off-grid power supplies, grid-connected renewable power generation and hydrogen technology. With a staff of 580 the institute is the largest solar energy research institute in Europe.

Massachusetts Green Energy FundJay Fiske

320 Washington StBrookline, MA 02445617.739.1155 x206617.739.3550 (fax)[email protected]

The Massachusetts Green Energy Fund is a venture capital fund investing in a broad range of renewable energy technologies. We invest in companies that possess a strong leadership team and have a proprietary technology that can substantially improve the value of renewable energy generation, energy storage and power management.

90 � Exhibitors


Spire Corporation Mark Willingham, Vice President Sales & Marketing

One Patriots ParkBedford, MA 01730781-275-6000 x 392 781-275-7470 (fax)[email protected]

Spire is the leading provider of turnkey solutions for PV Module and Cell manufacturing. With over 25 years in PV, Spire‘s comprehensive approach gets you in the PV Market with - State of the Art Equipment, embed-ded process knowledge, and critical supply guarantees.

Partner with Spire - Ensure your Success

Tufts University: Chemical and Biological EngineeringProf. Maria Flytzani-Stephanopolous

4 Colby St.Medford, MA 02155617-627-3048617-6273991 (fax)[email protected]://ase.tufts.edu/chemical/facStephanopoulos.htm

A new desulfurization sorbent material for regenerative H2S removal from fuel gas streams was recently developed at Tufts for fuel cell applications. The sorbent, based on lanthanide oxides, can be used in cyclic fashion at 400-800 oC with any gas composition both in sulfidation and in regeneration. Very small unit foot-print (< 0.5 L/5 kW) makes the product suitable for battery chargers, APUs, etc.

Note: All Startup Companies in the Pitch Sessions also have Exhibit Tables

Job �Fair � 91


Job Fair ExhibitorsAcumentrics Corporation .................................................................................... 93

Paul �Buzzotta, �Human �Resources

BioEnergy International ...................................................................................... 93Stacy �Cox

CellTech Power ..................................................................................................... 93Jeff �Bentley

Composite Modules, Inc. ..................................................................................... 94MariAnn Oliveira

Conservation Services Group ............................................................................. 94Carol �Harley

Kathleen �DeVito

Energyeasy ............................................................................................................ 94John �Rohner

Envapower ............................................................................................................. 95Wendy �Papko

Evergreen Solar, Inc. ............................................................................................ 95Kathleen Agostinelli

GreatPoint Energy ............................................................................................... 95Diane �Kiladis

Konarka .................................................................................................................. 96James �Braman

Navigant Consulting ............................................................................................. 96Cyndi �Rotondo

NSTAR Electric and Gas ....................................................................................... 96Jodi Brusewitz

SatCon Technology Corporation ......................................................................... 97Dan Gladkowski

Heather Nanartowich

92 � Job �Fair


Job �Fair � 93


Acumentrics CorporationPaul Buzzotta, Human Resources

[email protected]

Acumentrics Corp. is a manufacturer of custom power products and an industry leader in rugged AC and DC uninterruptible power supplies (UPS) for military and industrial power conditioning and backup. Our Rugged UPS products are trusted in punishing environments across various industries and environments. In 2000, we expanded into power generation by acquiring intellectual property for an innovative tubular solid oxide fuel cell (SOFC) design; improved the technology to where our fuel cells offer significant advantages over traditional engine- and turbine-powered generators, and can operate with no moving parts on a variety of renewable energy options.

BioEnergy InternationalStacy Cox

[email protected]

BioEnergy International, LLC (BioEnergy), headquartered in MA, www.bioenergyllc.com, is a science and technology company committed to developing novel technology and biorefineries to produce fuels and spe-cialty chemicals from renewable resources. BioEnergy is seeking individuals to join its seasoned team to further its 3-legged integrated strategic vision of: developing two conventional ethanol biorefineries (in PA and LA), expanding its product diversification through advancement of novel biocatalysts for the manufacture of green chemicals and biopolymers, and optimizing its cellulose technology to incorporate into existing and future biorefineries.

BioEnergy has launched a world class facility in MA to spur global innovation in breakthrough technology and superior bio-based products, and seeks qualified candidates to help the company assume a leadership role in the emerging biorefinery/white technology sector.

As a new generation technology company with unique capabilities, BioEnergy has recognized industry lead-ers in biomass pre-processing & pretreatment, hydrolysis, fermentation, product recovery, molecular biology, engineering, and operational and corporate innovation. BioEnergy is committed to deliver novel technology for fuels and bio-based products and chemicals.

CellTech PowerJeff Bentley

[email protected]

CellTech Power LLC is the exclusive developer of the Liquid Tin Anode Solid Oxide Fuel Cell (LTA-SOFC). Our technology replaces the nickel or platinum anode common to other fuel cells, dramatically expanding markets and lowering cost. CellTech is the only company to successfully demonstrate a fuel cell operating directly on JP-8, the primary fuel used by the US military. We are now developing portable power systems for several defense organizations. We are also developing our technology for utility Clean Coal applications where our technology will allow capture of over 90% of the CO2. The company, which comprises 8 key staff members, owns the assets and intellectual property developed with over $16 million in funding since 1999.

Smith Energy ......................................................................................................... 97Ken �Smith

Spire Corporation ................................................................................................ 97Jeff �Kelcourse

TIAX LLC ................................................................................................................. 98David �Benoit �

UPC Wind Management ........................................................................................ 98Terri �Pollman

US Department of Energy .................................................................................... 98Boc �Hans �Yee

Verenium ............................................................................................................... 99Ken �Chin

Wilson TurboPower .............................................................................................. 99Florian �Bennhold

94 � Job �Fair


Job �Fair � 95


EnvapowerWendy Papko

[email protected]

EnvaPower provides real-time commodity market intelligence with quantitative insight. Our intelligence prod-ucts give buyers and sellers the intelligence they need to maximize profit while managing risk on their short-term market transactions. As a fast-growing company, we need talented individuals who like a dynamic work environment and challenging career opportunities.

Evergreen Solar, Inc.Kathleen Agostinelli

[email protected]

Evergreen Solar, founded in 1994, develops, manufactures and sells solar power products, primarily so-lar panels, that provide reliable and environmentally clean electric power throughout the world. The three markets the Company serves are: wireless power, rural electrification and grid-connected applications. The Company expects to exploit its proprietary and patented technology to produce distinctive products, to re-duce manufacturing costs through lower materials use and streamlined processes, and to manufacture inter-nationally for global market penetration.

GreatPoint Energy Diane Kiladis

[email protected]

GreatPoint Energy, Inc. is the leading developer of catalytic gasification technology to convert coal, petro-leum coke and biomass into low-cost natural gas, while allowing the capture and sequestration of CO2. Utilizing its proprietary conversion and carbon capture technology, GreatPoint Energy produces bluegas™, ultra-clean natural gas from widely abundant domestic feedstocks. Bluegas is 99.5 percent pure methane, meets all environmental requirements and can be transported throughout North America utilizing existing natural gas pipeline infrastructure, providing an attractive, cost-effective alternative to drilled and imported liquefied natural gas. Its environmental profile is as clean as natural gas; it consists mostly of hydrogen and therefore, has very low carbon emissions. Moreover, bluegas can be used in every application that natural gas is currently being used (such as power generation, residential and commercial heating, and production of chemicals). GreatPoint Energy plans to develop large-scale bluegas facilities adjacent to low cost feedstock sources, such as coal mines, upgrader and refinery-derived petroleum coke and biomass, and transport its product gas to market via existing natural gas pipelines while sequestering the by-product CO2 through sales to enhanced oil recovery operations, the only commercially viable means of sequestration today. The Company has 42 employees and is actively hiring technical and commercial candidates for its Cambridge, MA and Des Plaines (Chicago), IL offices.

Composite Modules, Inc.MariAnn Oliveira

[email protected]

Composite Modules, is a leader in high performance motors and drivers for the medical industry, industrial automation and transportation industry. We have facilities in Attleboro, MA and Brooksville, FL employing close to 200 people.

The very foundation of CMI and its diverse capabilities is based upon raw materials process development. Making our products better by making new or improved materials is imbedded into the culture of Composite. Our ingenuity coupled with a mastery of materials and processes extends to our entire manufacturing opera-tions including final product assembly.

Composite Modules is a vertically integrated company with many engineering and manufacturing disciplines and capabilities. Our long history of building specialized automation equipment for other manufacturers has contributed to our expertise in the industry.

Conservation Services GroupCarol Harley

[email protected] DeVito

[email protected]

For more than two decades, Conservation Services Group (CSG) has helped Americans make smart energy use decisions an important part of the way they live and work. CSG designs, develops, and delivers innova-tive, results-driven energy efficiency and renewable energy programs that get results. We bring our experi-ence, expertise, creativity, and commitment to our goals of using environmentally responsible approaches in helping business and homeowners lower costs, increase comfort, and improve indoor air quality; and in championing the development and use of renewable energy. People who work at CSG say that it’s a unique kind of organization — one that nurtures individual talents and inspires dedication. We share a commitment to our work and our mission.

EnergyeasyJohn Rohner

[email protected]

Energeasy – We are the portal for Energy made easy.As a premier site for renewable energy news, events, conferences, calendar, job postings and resumes. As an integral part of Energeasy, we connect employers and candidates to make the world a better place.

96 � Job �Fair


Job �Fair � 97


SatCon Technology CorporationDan Gladkowski

[email protected] Nanartowich

[email protected]

SatCon Technology Corporation, incorporated in 1986, is an industry leader in the development and manu-facture of power electronics and control systems. SatCon offers diversified and sophisticated power products for the Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets.

SatCon has a reputation for providing power products that enable reliable, affordable and clean solutions for electrical power needs. Products designed by SatCon engineers address the enormous demand for reli-able power – from microwatt scale to megawatt scale advanced electronic components, subsystems and systems.

SatCon is building on its history as a developer of sophisticated and precise power management and control equipment.

Smith EnergyKen Smith

[email protected]

Smith Energy is building a team of professionals with diverse skills that is dedicated to creating innovative sustainable energy and environmental solutions in a collaborative team environment. The company com-bines proven sustainable energy engineering experts with successful software / high technology executives to create a dynamic industry leader. If you have exceptional skills and experiences, and a demonstrated track record of achieving results as a member of team, please submit your resume to [email protected].

Spire Corporation Jeff Kelcourse

[email protected]

Spire is the leading provider of turnkey solutions for PV Module and Cell manufacturing. With over 25 years in PV, Spire‘s comprehensive approach gets you in the PV Market with - State of the Art Equipment, embed-ded process knowledge, and critical supply guarantees.

Partner with Spire - Ensure your Success

KonarkaJames Braman

[email protected]://www.konarka.com

Konarka develops light-activated Power Plastic® that is flexible, lightweight, lower in cost and much more versatile in application than traditional silicon-based solar cells.

These new materials are made from conducting polymers and nano-engineered materials that can be coated or printed onto a surface in a process similar to how photographic film is made.

Anywhere there is light and a battery, Power Plastic® makes it possible for devices, systems and structures to have their own low-cost embedded sources of renewable power. By combining energy generation and power consumption within the same device, Konarka enables manufacturers to create a World Without Wires™ with truly wireless applications.

Navigant ConsultingCyndi Rotondo

[email protected]

Navigant Consulting, Inc. (NYSE: NCI) is an international consulting firm combining deep industry expertise and integrated solutions to assist companies in enhancing stakeholder value, improving operations, and addressing the challenges of uncertainty, risk and significant business model change. Professional services include dispute, investigation, operational and business advisory, risk management and regulatory advisory, and transaction advisory solutions. The Company focuses on industries undergoing substantial regulatory or structural change, including financial services, insurance, healthcare and energy.

NSTAR Electric and GasJodi Brusewitz

[email protected]

NSTAR transmits and delivers electricity and gas to 1.1 million electric customers in 81 communities and 300,000 gas customers in 51 communities. NSTAR employs more than 3,000 employees in its regulated business.

NSTAR is the largest Massachusetts-based, investor-owned electric and gas utility, with revenues of approxi-mately $3.6 billion and assets totaling approximately $7.8 billion.

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VereniumKen Chin

[email protected]

Verenium Corporation engages in the development and commercialization of cellulosic ethanol, an environ-mentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for appli-cations within the biofuels, industrial, and health and nutrition markets. We produce fuel-grade ethanol from an array of feedstocks, including sugarcane bagasse, energy crops, agricultural waste, and wood products. We operate an integrated cellulosic ethanol pilot facility in Jennings, Louisiana. Verenium also possesses an array of enzymes derived from bio-diverse environments and patented DirectEvolution technologies. The company’s biofuels products include Fuelzyme-LF and Purifine (biodiesel); industrial processes products comprise Luminase PB-100 and Luminase PB-200, Purifine (edible oil), and Pyrolase enzymes; and health and nutrition products consist of proteins/enzymes, such as Phyzyme phytase, Quantum phytase, and Bayo-vac SRS. In addition, we are developing a collection of enzymes capable of converting corn biomass to cel-lulosic ethanol and other chemicals.

Wilson TurboPowerFlorian Bennhold

[email protected]

Achieving breakthrough efficiency in the performance of heat exchangers and microturbinesWilson TurboPower has successfully engineered and currently markets a gas-to-gas industrial heat exchang-er that has proven breakthrough-efficiency heat-transfer and is allowing new high-temperature heat recovery. Among its many energy-saving applications, the Wilson Heat Exchanger™ is enabling development of the ultra-efficient Wilson Microturbine™ that will generate clean and efficient power for both onsite electricity and transport applications. Both technologies promote the efficient use of energy in various applications and have the potential to significantly reduce our customer’s carbon footprint.

Currently Wilson TurboPower consists of a dedicated team of ten experienced technical and market profes-sionals. The company was founded by David Gordon Wilson and Bruce Anderson in 2001.

TIAX LLCDavid Benoit

[email protected]

Headquartered in Cambridge, MA, TIAX LLC is a technology transfer company with over 100 technologists and over 50 laboratories.

UPC Wind ManagementTerri Pollman

[email protected]

UPC Wind is a leader in wind power production, one of the fastest growing and cleanest energy sources in the world. As a developer, owner and operator of wind farms, UPC Wind strives to be a long-term partner with communities in which its wind farms operate, providing a range of benefits for local economies.

From the island of Maui to Northern Maine, UPC Wind is joining with community members to increase Ameri-can energy independence while protecting the environment.

Whether you’re a community leader seeking more revenue for your town, a landowner who would like extra value from your property, or an environmentalist concerned about global warming, UPC Wind is ready to work with you to reshape America’s energy future.

US Department of EnergyBoc Hans Yee

[email protected]

Suspense intrigue, nuclear nonproliferation – you’ll find them all at the U.S. Department of Energy.

Created in 1977, the department works to ensure the nation has a steady, consistent, safe supply of energy. Additionally, as the nation’s leading sponsor of research promising technologies, its employees have pro-moted the development of alternative fuel vechicles, clean power technologies, computers, energy efficiency, gene research, & pollution prevention technologies. It’s also a key player in ensuring the nation’s defense as the agency responsible for testing & protecting the U.S. military’s nuclear weapons systems.

This groundbreaking work takes technological innovation & creative imagination - & the right people to get the job done. The Department of Energy offers a variety of employment opportunities.

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