Altru Climate Investor Salon. Breakthroughs in Wind and Solar

Sept 21 in New York, and in conjunction with the New York Climate Week Altru hosted the first in a series of Investor Salons to identify promising technologies breakthrough technologies to address the climate and energy crisis.25 investors, entrepreneurs and experts gathered at Rockefeller Center to learn about potential breakthroughs Renewable Energy: Wind and Solar. Four companies in the wind and solar space developing what could be breakthroughs. Truly imaginative. Impressive. The presenting technologies:

  • Changing the Grid. Enables two-way flow of electricity to change energy. System that has been proven in Australia a major big box retailer is nearly eliminating their carbon footprint and their electricity cost by reselling their excess energy into the grid. Not possible before this technology.

  • Single Home Electricity Systems from Solar. A software and hardware integrator has created a system to provide electricity to sub–Saharan African citizens for $1 per month. After 5 years of development, they perfected the model and now delivering electricity to nearly 2 million. Capable of scaling to 100 million.

  • Floating Wind Turbine. Because it is not anchored in the sea bottom, it can be put farther out to sea and dramatically increases the access to wind. The floating model far lower cost than traditional wind turbines vastly increase in the number of locations and potential for wind.

  • Wing Energy Drones Generating 2 x the wind energy with only 10% of the material of traditional wind turbines will be a huge advantage for the energy security and transition to a decarbonized world

Session moderator, Futurist Pablos Holman offered terrific perspective, insight and understanding of the investment opportunities and landscape. The session ran from 3 pm to 5 pm and was followed by a networking reception.

Salons are intended to provide a regular gathering point to anchor our research into major areas of Climate, Energy and Sustainability.