| Stanford sets up green energy centre |
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2009-01-14 10:11:46 Stanford University is launching a 100 million US dollar energy institute to fund research into batteries, solar cells and other aspects of green energy. "The biggest renewable resource is the sun," said Lynn Orr, who will direct the new institute, which was officially launched Monday night. But we need to lower the cost of converting sunlight into electricity and supplying it through a much improved electric grid. The new centre will allow us to expand significantly our effort to develop new nanostructure materials for solar energy and energy storage and to work on the host of social, market and policy issues involved in the needed transition to energy systems with significant fractions of renewable." Venture capitalist John Doerr, who launched companies like Apple and Google, said the institute would help turn Silicon Valley into Solar Valley. Already there were 200 start-ups in the region concentrating on solar energy, he said. "Batteries are the holy grail of renewable energy and the US isn't even in the battery race," said Doerr. "We are not doing enough research," he said. "The Internet is a trillion-dollar economy and energy is a $6-trillion economy - it could be the largest economic opportunity of the 21st century." 
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Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |