Posts about investing

Appropriate Technology Health Care Solution Could Save 72,000 Lives a Year

We need more medical solutions that serve the majority of humanity instead of just the rich. Some medical research is innately costly and therefore require large costs to pay back the investment. But too little concern is shown for solutions that help people (with so much focus only on solutions that will make organizations rich).

Cheap vinegar test cut cervical cancer deaths in India; could help many poor countries

This low-tech visual exam cut the cervical cancer death rate by 31 percent, the study found. It could prevent 22,000 deaths in India and 72,600 worldwide each year, researchers estimate.

More progress against cervical cancer may come from last month’s announcement that two companies will drastically lower prices on HPV vaccines for poor countries. Pilot projects will begin in Asia and Africa; the campaign aims to vaccinate more than 30 million girls in more than 40 countries by 2020.

India continues to invest in medical research for solutions that are affordable to a majority of the world. The rich health care companies largely neglect the majority to focus on the most wealthy.

Related: Using Available Technology (Cellphone) as a MicroscopeDangerous Drug-Resistant Strains of TB are a Growing Threat‘Refrigerator’ Without Electricity

Pay as You Go Solar in India

Farmers Foil Utilities Using Cell Phones to Access Solar

In October, Bangalore-based Simpa Networks Inc. installed a solar panel on Anand’s whitewashed adobe house along with a small metal box in his living room to monitor electricity usage. The 25-year-old rice farmer, who goes by one name, purchases energy credits to unlock the system via his mobile phone on a pay-as-you-go model.

When his balance runs low, Anand pays 50 rupees ($1) — money he would have otherwise spent on kerosene. Then he receives a text message with a code to punch into the box, giving him about another week of electric light.
When he pays off the full cost of the system in about three years, it will be unlocked and he will get free power.

Across India and Africa, startups and mobile phone companies are developing so-called microgrids, in which stand- alone generators power clusters of homes and businesses in places where electric utilities have never operated.

Very cool. Worldwide, approximately 1.6 billion people have no access to electricity and another 1 billion have extremely unreliable access. The poorest spending up to 30% of their income on inefficient and expensive means of providing light and accessing electricity. Solutions like this, finding engineering solutions for basic needs that are market based, are great.

That the poor end up owning their solar system after just 3 years is great.

Creating great benefit to society with the smart adoption of technology and sustainable economics is something I love.

Related: Solar Power Market Solutions For Hundreds of Millions Without ElectricityAppropriate Technology: Solar Hot Water in Poor Cairo NeighborhoodsEngineering a Better World: Bike Corn-ShellerWater Pump Merry-go-Round

Google Invests $168 million in Largest Solar Tower Power Project

Google is investing in a new solar tower power project located in California that will generate 392 gross MW of clean, solar energy. That’s the equivalent of taking more than 90,000 cars off the road. Google has now invested $250 million in clean energy.

Investing in the world’s largest solar power tower plant

works by using a field of mirrors, called heliostats, to concentrate the sun’s rays onto a solar receiver on top of a tower. The solar receiver generates steam, which then spins a traditional turbine and generator to make electricity. Power towers are very efficient because all those mirrors focus a tremendous amount of solar energy onto a small area to produce steam at high pressure and temperature (up to 1000 degrees F).

Several large solar projects are in the works in the sunny Southwest (and around the globe), but Ivanpah will be the first solar power tower system of this scale. The Ivanpah Power Tower will be approximately 450 feet tall and will use 173,000 heliostats, each with two mirrors.

The Department of energy is also providing financing for this project. The project is 10 times larger than the largest solar photovoltaic project in California.

Related: Google Investing Huge Sums in Renewable Energy and is HiringGoogle.org Invests $10 million in Geothermal EnergyGoogle’s Energy InterestsMolten Salt Solar Reactor Approved by CaliforniaSolar Tower Power GenerationFinding Huge Sources of Energy Without Increasing Carbon Dioxide Output

Molten Salt Solar Reactor Approved by California

California has approved a molten salt solar reactor project. The plan is for a 150-megawatt solar power tower project. From the press release: the “Solar Energy Project has the ability to collect and store enough thermal energy each morning to operate at full power all afternoon and for up to 8 hours after sunset. The game-changing technology featuring inherent energy storage affords utilities with a generator that performs with the reliability and dispatchability of a conventional power generator without harmful emissions that are associated with burning coal, natural gas and oil.”

diagram of solar energy project using molton salt

molten salt solar system diagram

The heliostats focus concentrated sunlight on a receiver which sits on top of the tower. Within the receiver, the concentrated sunlight heats molten salt to over 1000 degrees Fahrenheit. The heated molten salt then flows into a thermal storage tank where it is stored, maintaining 98% thermal efficiency, and eventually pumped to a steam generator. The steam drives a standard turbine to generate electricity. This process, also known as the “Rankine cycle” is similar to a standard coal-fired power plant, except it is fueled by clean and free solar energy.

This is another green energy project that has a great deal of potential. There is a great need for such new energy sources and hopefully quite a few of these projects will let us enjoy a greener and more sustainable way to meet our future energy needs.

For those interested in the business aspects of this energy project: United Technologies provided SolarReserve with an exclusive worldwide license to develop projects using the proprietary molten salt power tower technology, which has been in development for nearly three decades.

Related: Solar Thermal in Desert, to Beat Coal by 2020Wind Power Capacity Up 170% Worldwide from 2005-2009Cost Efficient Solar Dish by StudentsSolar Tower Power Generation

  • Recent Comments:

    • Alex: This is certainly the future. It is hart warming to see developing countries benefiting from such...
    • Donnie S. Willson: Underground tunnel is a good idea for traffic managment.i really appreciate it.
    • Richard Hopp: Awesome blog post, love the biodiversity. Really excited after watching this video, since I...
    • Robbie Miller: How fantastic, not only a great subject to study, but to be able to travel the world too....
    • Jaspal Singh: Japan has an edge when it comes to humanoid robots. No doubt in few more year, you will find...
    • Marcus Williams: This is actually a marvelous piece of engineering. Kudos for sharing!
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