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National Clean Energy Business Plan Competition

Navillum Nanotechnologies

University of Utah

Navillum Nanotechnologies’ innovative method for fabricating quantum dots and other types of semiconducting nanocrystals at commercial scale that can both save energy and produce renewable energy.  Quantum dots emit light at specific colors when stimulated by light or applied electrical source.  

Semiconducting nanocrystals can make solar panels up to 45 percent more efficient, which is more than a two-fold increase over existing commercial solar technologies.  When used in LCD displays, quantum dots can increase energy efficiency by up to 35 percent over existing display technologies and improve color quality by 50 percent.  Adoption of quantum dot-based technologies will reduce CO2 emissions and help to lessen our dependence on fossil fuels.

Traditionally, fabricating quantum dots at large scales has been difficult, resulting in limited supply and high prices. However, recent technological advances at Navillum have made commercial scale production possible.  The market for quantum dots is set to explode over the next several years, growing from $67M in sales in 2010 to $676M by 2015.  

As a result, Navillum is poised to become a key market supplier to end-use application manufacturers.  Led by a talented team of university researchers and MBA students, Navillum is helping to revolutionize energy efficient and clean energy technologies.

Innovators

Radiator Labs
Columbia University

Radiator Labs developed a low-cost, easily installed radiator retrofit that converts radiator heating systems into a controlled-zoned system, which significantly increases the efficiency of radiator heating while improving occupant comfort.

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SolidEnergy Systems
Massachusetts Institute of Technology

SolidEnergy Systems developed cutting-edge battery technologies to meet the world’s growing energy storage demand. The Polymer Ionic Liquid (PIL) rechargeable lithium battery has four times the energy density of a conventional lithium-ion battery.

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Mesdi Systems
University of Central Florida

Mesdi Systems developed revolutionary equipment for manufacturing lithium-ion batteries, solar cells, and other high precision products that will improve their performance and lifetime with advanced coatings and quality control.

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Stanford Nitrogen Group
Stanford University

The Stanford Nitrogen Group developed a new wastewater treatment process, termed “CANDO”, for the removal and recovery of energy from waste nitrogen. The CANDO technology improves the efficiency of nitrogen treatment by lowering energy inputs and enabling energy recovery from waste nitrogen.

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NuMat Technologies, Inc.
Northwestern University

NuMat Technologies, Inc is a cleantech spin-out that computationally designs and synthesizes high-performing nanomaterials for gas storage and separation applications. NuMat has developed materials that will fundamentally change the economics of gas storage in natural gas vehicles — supporting the gradual displacement of foreign oil.

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