The Tesla Gigafactory: A Clean Energy Planet
The Tesla Gigafactory: A Clean Energy Planet
Tesla Motors is currently building a gigafactory. Some of you may be confused about what that is exactly, and why Tesla may need such a huge facility. When finished, the gigafactory will be the largest building in the world in terms of footprint, with 5.5 Million square feet. This will be second only to Boeing’s Everett factory (4.3 Million square feet). The endeavour is also very expensive, with an estimated cost of US$5 Billion. In line with Elon Musk’s goal to transition the world to renewable energy, the gigafactory will be entirely self-sufficient and powered by solar panels. The entire roof of the factory will be covered with solar cells, which are expected to produce 70MW of power. To give you an idea, the largest rooftop array in the world right now produces 11.5MW (in India).
A clean planet
Elon Musk recently stated in a Ted Talk that his ultimate goal is to make the world run entirely on renewable energy. To make this happen, he aims to produce 500,000 electric vehicles per year. This cannot be done economically if the parts have to be transported halfway across the world several times before the product is finished. Thus the need for a centralized facility, where the materials come in one end, and the finished vehicle comes out the other.
The gigafactory has already started producing the most innovative and crucial element of these cars: their lithium-ion batteries. And Tesla’s new 2170 battery cell is not only more efficient, but also cheaper than most on the market. The 2170 is around 10 per cent larger than its predecessor (the 18650 cell), but can store up to double the charge. It will also drop battery production cost by 25 per cent.
The essential element
In these super-powerful batteries is a crucial element: cobalt. For example, there is approximately 22.5 kilograms of it in Tesla’s Model S. The metal is currently mostly mined in the Democratic Republic of the Congo (DRC); where labour conditions are generally problematic and child labour is frequent. Consequently, Elon Musk has stated that all cobalt used by Tesla will only come from North America. Some have pointed out that it may be difficult to find enough ethical cobalt at feasible prices. But there is cobalt in North America, and King’s Bay (TSV:KBG, FSE:KGB1) is looking for it at the Lynx Lake Property in Labrador (Canada). The company is confident in the preliminary samples from the asset: “Grab samples from gossanous areas of the eastern rock pit have yielded assays up to 0.94{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Co”. For the preliminary Versatile Time Domain Electromagnetic (VTEM) results, have a look at King’s Bay’s latest news release.
About King’s Bay
King’s Bay is a Vancouver based company focused on the exploration of cobalt, and other high-tech metals in North America. The company believes in this emerging fast-growth sector, and will continue to seek out and evaluate properties that show promise for development. King’s Bay Gold Corp is operating as “King’s Bay”.
Juliette Benard
Media Relations Director
- Published in Blog, Energy, King's Bay, Mining, Technology
International Wastewater Systems arranges $2-million private placement
International Wastewater Systems arranges $2-million private placement
Momentum Public Relations
Press Release: May 29, 2017
International Wastewater Systems Inc. is offering, on a non- brokered private placement basis, up to 2,000 debenture units at a price of $1,000 per debenture unit for gross proceeds of up to $2-million.
Each debenture unit will consist of one $1,000 principal amount senior unsecured convertible debenture and 2,500 share purchase warrants, each exercisable into one common share of the company at 30 cents per share for a period of three years from the date of issuance.
The debentures will bear interest at a rate of 12 per cent per annum from the closing date of the placement and will mature on the date that is 36 months from the closing date. The debentures are convertible into shares at 30 cents per share at the option of the holder at any time until the maturity date, subject to adjustment in certain events.
Pursuant to the terms of the warrants, the company may abridge the exercise period of the warrants at any time after the date that is four months after the closing date and before the expiry of the warrants, if the volume weighted average closing price on the company’s shares on the Canadian Securities Exchange (or such other stock exchange on which the shares are traded if the company’s shares are no longer traded on the Canadian Securities Exchange) is for a period of 20 consecutive trading days greater than 60 cents by providing written notice to the warrantholders within 30 days of a trigger event. The warrants will, unless exercised, expire on the 30th day after the company provides such written notice to the warrantholders.
The company may pay finders’ fees in connection with the placement. Proceeds of the placement will be used to help facilitate expenditures required for the five contracts awarded to IWS previously announced on May 10, 2017, as well as Prospect Silicon Valley, which focuses on commercialization of the company’s heat exchange technologies in the central California, and for general working capital. All securities distributed pursuant to the placement will be subject to a statutory hold period of four months and a day from the date of issuance. The placement will not be offered in the United States. Closing of the placement is subject to receipt of all necessary regulatory approvals.
About International Wastewater Systems Inc.
International Wastewater is a world leader in thermal heat recovery. Its systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Energy, Green Technology, International Wastewater Systems, News Home, Technology
IWS Announces Management Change
IWS Announces Management Change
VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 8, 2017) – International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(CSE:IWS.CN)(CNSX:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) announces that Yaron Conforti will be leaving his role as the Company’s Chief Financial Officer and a member of its Board of Directors, to pursue new opportunities.
Mr. Conforti will remain a consultant to IWS to assist with the transition to the newly appointed CFO, Mr. David Alexander, CA, CPA. Mr. Alexander has extensive experience as a CFO and his past achievements include CFO of Arakis Energy Corporation (subsequently sold to Talisman Energy TSX:TLM), and Nortran Pharmaceuticals, Inc., (later Cardiome Pharma NASDAQ:CRME).
Lynn Mueller, Chairman and CEO of IWS commented: “Yaron Conforti provided valuable leadership as our CFO and a member of our Board of Directors since 2015. I would like to thank him for his contributions and wish him every success in the future. We welcome David Alexander, an experienced CFO who further strengthens our management team during a period of significant growth for IWS.”
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. IWS is publicly traded in Canada (CSE:IWS)(CSE:IWS.CN)(CNSX:IWS), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
CONTACT INFORMATION
-
International Wastewater Systems Inc.
Lynn Mueller
CEO
(604) 475-7710
- Published in Bio technology, Energy, Green Technology, International Wastewater Systems, News Home, Technology
IWS Announces DC Water Installation
IWS Announces DC Water Installation
VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 2, 2017) – International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(CSE:IWS.CN)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce that it has been awarded a US$330,000 (CAN$478,000) contract to supply its innovative SHARC thermal energy exchange system to the new headquarters of the District of Columbia Water and Sewer Authority (“DC Water”) in Washington, DC.
The new $60 million headquarters (“DC Water HQ”) is being constructed on the waterfront of the Anacostia River in Southeast Washington, DC and will serve as the new public face for the agency. DC Water’s green initiatives will be showcased in a deeply innovative facility featuring a bold and distinctive design developed by SmithGroupJJR in collaboration with Skanska. The building is designed to achieve LEED Platinum certification from the U.S. Green Building Council and will also employ many advanced strategies that will surpass LEED Platinum certification.
The SHARC system will allow DC Water HQ to use its own wastewater as a source of thermal energy to condition the building. This project represents a historic HVAC first. The DC Water HQ building will be the first ever deployment of this technology used to both heat and cool a building in the USA.
With two-thirds of all the outflow from DC’s sewers flowing through the underground infrastructure on the site, the system will have a virtually uninterruptible supply of thermal energy. Utilizing this technology, the design team has calculated that the DC Water HQ will take its place as one of the lowest energy-consuming office buildings in the region.
“The idea of building a 150,000-square-foot headquarters building directly over a pumping station would normally be viewed as implausible,” said SmithGroupJJR’s Corporate Director of Engineering Don Posson. “But by doing so, DC Water will be able to leverage the station’s wastewater to provide enough power to heat and cool this large building. It’s a breakthrough solution and a perfect complement to DC Water’s objective of a greener, healthier District of Columbia.”
IWS will install the SHARC 440 model with a flow rate of 250 gallons per minute, providing the primary energy source for building heat, and the primary energy rejection source for building cooling. IWS’s SHARC technology is a major contributor to the project’s LEED® Platinum 96 credit threshold, delivering one of the lowest energy consumption rates per unit of floor area possible, while reducing greenhouse gas emissions by over 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}, and water consumption by hundreds of thousands of gallons annually.
Lynn Mueller, CEO of IWS commented: “DC Water’s new state-of-the-art building is a world class design-build project. The integration of SHARC technology demonstrates the world-class caliber of IWS’s projects and partners, and represents the increased adoption of IWS systems in the United States.”
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. IWS is publicly traded in Canada (CSE:IWS)(CSE:IWS.CN), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
Forward-Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
CONTACT INFORMATION
-
International Wastewater Systems Inc.
Yaron Conforti
CFO and Director
(416) 716 8181
yaron.conforti@iws-sharc.com
- Published in Energy, Green Technology, International Wastewater Systems, News Home, Technology
Biggest U.S. Companies Setting More Renewable-Energy Targets
Biggest U.S. Companies Setting More Renewable-Energy Targets
-
Corporations bought 2.5 gigawatts of clean energy last year
-
Fortune 500 companies saving $3.7 billion with clean power
Almost half of the biggest U.S. companies have established clean-energy targets for themselves, according to a report Tuesday from sustainable investors and environmental groups including the World Wildlife Fund.
It’s not just the biggest U.S. companies — 44 percent of the smallest 100 members of the Fortune 500 have also set goals, up from 25 percent in 2014, and 48 percent of the entire list.
Many are finding that renewable energy isn’t just cleaner, it’s also often cheaper. About 190 Fortune 500 companies collectively reported about $3.7 billion in annual savings, according to Power Forward 3.0, a report by WWF, Ceres, Calvert Research & Management and CDP.
“We’re not talking about anecdotal information anymore,” Marty Spitzer, a WWF senior director of climate and renewable energy in Washington, said in an interview. “We’re talking about large, large savings.”
Potential savings and sustainability goals prompted corporations to buy almost 3.7 gigawatts of power generated by clean-energy projects in 2015, and another 2.5 gigawatts last year, almost all from wind and solar, according to Bloomberg New Energy Finance.
But it’s no longer just tech companies. About 63 percent of Fortune 100 companies have clean-energy targets, according to the report. Such targets include commitments to reduce greenhouse-gas emissions and increase energy efficiency and renewable energy.
The 190 Fortune 500 companies reported emission reductions equivalent to mothballing 45 coal-fired power plants for a year, according to the report. It also found that 23 of Fortune 500 companies have 100 percent renewable-energy targets.
By Brian Eckhouse
- Published in Bio technology, Blog, Energy, Green Technology, International Wastewater Systems, News Home, Technology
International Wastewater installs SHARC system at False Creek
International Wastewater installs SHARC system at False Creek
Momentum Public Relations
Press Release: April 12, 2017
International Wastewater Systems Inc (C:IWS)
Shares Issued 95,623,894
Last Close 4/11/2017 $0.22
Wednesday April 12 2017 – News Release
Mr. Lynn Mueller reports
IWS COMPLETES METRO VANCOUVER INSTALLATION
International Wastewater Systems Inc. has completed the installation of a SHARC thermal energy exchange system at the False Creek Neighbourhood Energy Utility in Vancouver.
The False Creek SHARC was announced in August, 2016, following the successful collaboration between International Wastewater and Metro Vancouver. Metro Vancouver is a partnership of 21 municipalities, one electoral area and one treaty first nation that collaboratively plans for and delivers regional-scale services across the Lower Mainland of British Columbia.
The False Creek Neighbourhood Energy Utility is a large-scale district heating network that began operations in 2010 and currently provides space heating and hot water for 4.3 million square feet (395,000 square metres) of residential, commercial and institutional space.
International Wastewater installed its newest and largest capacity system at False Creek, the model 880. The SHARC 880 offers the highest capacity of any SHARC system to date, with flow rates of up to 1,500 gallons per minute, a capacity increase of three times when compared with existing SHARC models. The False Creek SHARC installation will include two SHARC 880 systems working in tandem and will initially operate over 12-month period to demonstrate the economic and energy efficiencies of the system.
This is the second time that a SHARC system has been integrated into a district heating network following International Wastewater’s installation at Borders College (Scotland) in 2015. Large-scale energy networks are a growing trend as municipalities look to increase energy efficiency and reliability, decarbonize energy grids and reduce life-cycle costs.
Lynn Mueller, chief executive officer of International Wastewater, commented: “We are pleased to be working with Metro Vancouver on their district heating network. This SHARC installation showcases the capability of [International Wastewater] technology when applied to large-scale, low-carbon thermal networks.”
About International Wastewater Systems Inc.
International Wastewater Systems is a world leader in thermal heat recovery. International Wastewater’s systems recycle thermal energy from wastewater, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
© 2017 Canjex Publishing Ltd.
From Stockwatch News
- Published in Energy, Green Technology, International Wastewater Systems, Life Sciences, News Home, Technology
Stakeholder Alignment – A Predictor of Success in Green Technologies
Stakeholder Alignment – A Predictor of Success in Green Technologies
Pundits and prognosticators should take notice. The evidence points to an emerging reality that is leading the so-called green technology revolution. Futurists and visionaries may be looking for some incredible and revolutionary breakthrough, but a variety of compelling new technologies are already being commercialized.
Green energy technologies are those that either harness power from renewable, sustainable sources or aim to reduce adverse human impact on the environment. For new sources of energy to be widely implemented, investors, technologists, and policymakers must understand their potential impact and the path to market that will ensure their commercial viability. Many new technologies can be successful if they are deployed according to sound business principles.
While some allegedly green technologies are struggling to gain traction with businesses and consumers, others are quietly changing the world and addressing the need for responsible and functional solutions to complex environmental challenges.
So, where are these technologies, who is behind them and why are they quietly seizing momentum in the marketplace? The answers are remarkably simple. Like most advances over the course of history, they are conceptually simple, relatively inexpensive and only modestly disruptive.
The automobile is an example of change that occurred at the onset of the 20th century. It harnessed an older technology of propulsion but applied it in a different format. With the advent of mass production, overall costs per unit were reduced and the technology became widely affordable. Additionally, it did not usher in an entirely new mode of transport. It only eliminated the need for an animal to provide propulsion and made travel a modest amount more rapid and marginally more reliable.
As we head towards the conclusion of the first 20 years of the 21st century, the keen observer will be able to identify technologies that have moved from ideas to commercial reality and are quickly going mainstream. Several may be below the radar at the moment, but they won’t stay there for long.
Green technologies are not immune from the ordinary laws that govern business success. The idea that some “better mouse trap” will sell itself is as false as it is comedic. The business success comes from being well capitalized, having a superior value proposition and ensuring that business leadership is equipped and motivated to execute against objectives in a disciplined and systematic manner. If the product or service is ground breaking, wonderful. Who doesn’t love something that is groundbreaking? But does it deliver what I want?
This raises the important principle of stakeholder alignment. If a new technology can align the interests of several disparate interested parties in an industry sector, it has a particularly good chance for success. Stakeholder alignment creates unstoppable momentum for green technologies. In most instances, being more eco-friendly, while desirable, isn’t the primary motivator of change. However, when a number of constituencies all experience a simultaneous benefit that is both measurable and meaningful, change proceeds and the adoption of the new technology is perceived as essential rather than optional.
An example of stakeholder alignment is a fast-growing Hawaiian enterprise called Elevate Structure. It was launched in 2012 by a team of residential engineers in with a dream to develop profitable spaces for living by building eco-friendly structures. The portable spaces are elevated above ground and, therefore, utilize 6-20 times more usable space while minimizing the overall footprint on the ground. This uses less than desirable land, gives consumers the flexibility to expand or relocate their green homes and provides municipalities with new incremental tax revenues without adding infrastructure.
Another good example of stakeholder alignment is International Wastewater Systems of Vancouver, Canada, http://www.sewageheatrecovery.com. Employing a simple idea and proprietary technology, IWS has pioneered the concept of turning the energy contained in warm waste water into heat that is processed, reclaimed and reused. With an ingenious idea and a scalable solution, the company is poised for success internationally as its solutions are increasingly in demand. The success of the endeavour isn’t exclusively due to the green technology. It is because the technology has been able to address diverse needs among a broad group that includes energy providers, builders and building owners. The company’s solutions, green technology and ease of implementation presents and unassailable value proposition to anyone who wants to reduce the heating and cooling costs of buildings. The eco-story is largely secondary. The “green argument” involves saving large amounts of money!
Investors that are considering taking a position in new green technologies are advised to look beyond the excitement of a product or process. A company’s financial state is always a consideration. What have they sold and what projects are well underway? As important as these fundamentals are, it is also critical to examine the “alignment factor” of the product or service to properly evaluate the scope of its potential.
- Published in Blog, Energy, Green Technology, International Wastewater Systems
Energy from Wastewater: It’s Here – And It Works!
Energy from Wastewater: It’s Here – And It Works!
– Momentum Public Relations –
International Wastewater Systems (IWS:CSE) has commercialized technology that allows previously lost energy to be recovered, lowering Co2 emissions and reducing overall energy costs. With its proprietary SHARC system, the company has pioneered a way to reuse energy by extracting heat from waste water. The efforts of IWS are being recognized around the world. In fact, International Wastewater was honored in January 2016 with the green building innovation award at the AHR Expo in Orlando, Florida.
There is a growing international consensus around the need to make systematic carbon footprint reductions. Leaders are entering into historic agreements that are paving the way for specific initiatives in both developed and developing nations. Additionally, regional governments and big cities are prioritizing use of new energy technologies to begin the process of weaning themselves away from complete reliance on traditional energy sources like fossil fuels. This is providing the impetus for major energy users like municipal buildings and owners of large private facilities, like universities to decrease their greenhouse gas emissions while elevating their overall operating efficiencies. The SHARC technology from IWS allows them to do exactly that.
In almost every residential and commercial building large quantities of heat in water is discarded every day. Typically, water enters buildings at 7-9 degrees Celsius and leaves, into the sewer system, at 20-25 degrees Celsius. The energy from this water is wasted as it travels in sewers to treatment plants.
The SHARC system captures the wastewater at its point of exit and removes solids. It then extracts the heat from the waste water in a closed system allowing the energy to be recycled. When captured, this energy is transferred to clean water with no risk of cross-contamination and the clean water is reused to heat or cool the building.
For more information on International Wastewater Systems , please click on the link to view the short video presentation:
Capturing wasted heat is more cost efficient than installing new methods of energy generation. Also, the SHARC technology is designed to work in new facilities or may be retrofitted in existing buildings. This means that virtually anyone could make use of the technology. Sewage may not appear to be as inherently attractive as solar or wind power. Nonetheless, the SHARC system represents an accessible, cost-effective renewable energy system that is fully commercialized.
International Wastewater Systems SHARC technology has proven useful in buildings and installations that are as small as 100,000 square feet and as large as several million square feet. Virtually any building is a potential user of this product. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy. The technology is designed to be trouble free with full backup capacity providing for no downtime.
Not surprisingly, the SHARC solution is being installed in places as diverse as Camden County, New Jersey, Seven35 Condominium complex in Vancouver, Canada and Borders College in the southeast of Scotland. It can be tailored to almost any size facility and functions in either heat exchange or heat pump applications. It even measures its own ROI. A typical installation includes a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings.
Conferences like the COP21 summit in Paris are paving the way for a different approach to how the world manages energy at both the macro and the micro level. Increasingly, there is a need for simple, cost-effective and easy to implement technologies that will radically change the trajectory of the climate change reality while stimulating the economy.
The future of our planet may depend upon the extent to which countries and significant stakeholders collaborate in the effort to reduce Co2 emissions. Investors are paying attention. Responding to a clearly articulated global need will generate attractive investment opportunities. Ultimately, International Wastewater Systems provides savvy investors with an opportunity for a significant return in a market space that is going to be an important part of the emerging economy.
- Published in Blog, Green Technology, International Wastewater Systems, Technology