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|Articles - November 2010|
|Thursday, October 21, 2010|
Tech startup Element One this month launched a product that transforms methanol and water into hydrogen, paving its way to enter markets in the developing world. Its “Pegasus hydrogen generator” could provide fuel for hydrogen cells that power rapidly expanding telecommunication networks.
Produced in partnership with Taiwanese manufacturer CHEM, the Pegasus is poised to overcome a major obstacle in the use of hydrogen fuel cells as backup power sources. These backup systems use canisters that weigh up to 200 pounds to store hydrogen, a big transportation headache. “Our technology allows us to create hydrogen on demand,” says Element One COO Robert Schluter. Armed with the Pegasus, more remote locations can produce hydrogen from on-site 55-gallon drums of a methanol-water mixture. “A gallon and a half of methanol produces approximately the same energy as a [hydrogen] canister,” Schluter says.
So far this year, between 30,000 and 80,000 telecom towers and associated backup power units have been built in India, according to David Martin of Dantherm Power, a Danish company that makes emergency backup systems and is a potential customer of Element One. “At least half of these are off the grid,” he says.
Industry analysts emphasize the growing application of fuel-cell technology. “We are moving from the information age to the energy age to fuel economic growth,” Ruth Cox of the U.S. Fuel Cell Council says of the importance of energy access for telecommunications networks. Founded earlier this year, Element One has invested $650,000 in the production of the Pegasus units and plans to hire eight Bend-based employees by next year. The company also plans to sell 1,500 units in 2011, with the break-even cost at 200 units sold.
Although the science behind the Pegasus is promising, there remain obstacles such as possible erratic maintenance of remote power stations and general fear of technology that has not been tested in the marketplace. “There are growing pains,” says Patrick Noonan with the renewable energy group at New York-based accounting firm Marcum LLP. “It’s not commercially proven yet.”
Thursday, June 05, 2014
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Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
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