Ethernet inventor wants to network startups to solve the world’s energy crisis

A network of entrepreneurs will solve the energy crisis. That’s the belief of Bob Metcalfe, professor of innovation at the University of Texas at Austin, founder of 3Com and co-inventor of Ethernet, a networking standard which links computers. “The biggest lesson of the Internet that applies to energy is it was not built by incumbents […]

As China’s power consumption grows, GE invests in clean energy to meet future demand

The tremendous drive toward clean energy exists because of increased demand for fossil fuels from China and the developing world. “I’m not a clean energy guy, I’m an energy guy,” said Kevin Skillern, managing director of venture capital for GE Energy Financial Services. He spoke to several hundred people attending the second day of the […]

Austin has 200 companies in the clean energy business

At the Clean Energy Venture Summit 2011, the Greater Austin Chamber of Commerce Director for Clean Energy, Jose Beceiro says Austin has more than 200 companies involved in the clean technology industry. It’s a growing area and more companies are relocating to the city all the time, he said. In fact, Complete Energy Systems, based […]

Austin’s Mayor declares city clean energy capital of the world

Austin Mayor Lee Leffingwell declared the city the clean energy capital of the world at a reception for the Clean Energy Venture Summit 2011 at city hall Wednesday night. The city’s goal is to have 35 percent of its energy come from renewable sources by 2020 and it’s well on its way to achieving that […]

Cyclewood Solutions bagged a win at 2011 Clean Energy Venture Summit

At the Clean Energy Venture Summit 2011 in Austin, Cyclewood Solutions competed with four other CleanTech Open semifinalists from the South Central region. And it took home the $10,000 prize. Kevin Oden, Chief Operating Officer of Cyclewood Solutions and Nhiem Cao, president and CEO of Cyclewood, pitched their company to a panel of judges. At […]

Texas’ future energy needs depends on wind and solar power

In 1999, the Texas legislature passed a law to mandate the state diversify its energy resources. The legislation, dubbed the Texas Renewable Portfolio Standard, required all electricity providers to collectively generate 2,000 megawatts of additional renewable energy by 2009. The state estimates that 2,000 megawatts of renewable energy generates enough electricity to power more than […]

Clean Energy Venture 2011

Today we’ll be reporting live from the Clean Energy Venture 2011 summit in Austin. The event starts at 1 p.m. with a utilities futures panel, followed by presentations from five Cleantech Open semifinalists competing for $10,000 in funding and a chance to go to nationals to compete for $250,000. Then Ideal Power Converters and MTPV, […]

San Antonio’s only dedicated co-working spot to shutdown Friday

In June of 2009, C4 Workspace opened in the King William neighborhood of South San Antonio. This Friday, San Antonio’s only full-time dedicated co-working space closes. The business, originally located at 108 King William, fell into debt and never gained enough customers to meet its expenses. C4 Workspace moved into cheaper headquarters this year at […]

Austin Startup Week remix

HomeAway’s CEO gives lessons on entrepreneurship

Be paranoid, curious, strategic and humble. Those are just a few of the secrets of being a successful entrepreneur, according to Brian Sharples, CEO of Austin-based HomeAway. He gave an insightful speech recalling some of the lessons of his life at Capital Factory’s Demo Day recently. “I’ve been an entrepreneur all of my life,” Sharples […]