Nexus eWater Completes $2.1 Million Series A Funding Round
Nexus eWater has developed the world's first practical water and energy recycler for homes. The estimated annual US market for this new product suite is projected at $15 billion per year. The patented product collects a home’s grey water (the drain water from showers and laundry), then cleans it to the highest standard for at-home recycling for lawn watering and other approved uses. Additionally, the system captures and re-uses the heat found in the grey water for further recycling. The system is available for both new homes and for retrofits.
The international investor team includes Canberra-based venture fund ANU Connect Ventures (ANUCV), the Sydney Angels and the Sydney SideCar Fund. The round was led by Thomas Reeves Hitchner, the retired general partner of Baltimore-based venture fund, QuestMark Partners. Proceeds from this funding cycle will complete the initial product roll-out of Nexus’ on-site water and energy recycling products for the California and US market.
The Nexus system is affordable, robust and efficient. It is a sustainability “triple play.” For a house with a family of four, the system provides these three benefits:
Reduces in-home water usage by 40%, (up to 200 gallons per day) by recycling 67% of the water used in a house;
Reduces wastewater by 70%, (up to 200 gallons per day); and
Reduces home electric energy usage by 10-20%.
The energy recycler provides the equivalent power of a 1.5 kW solar array, but at a fraction of the cost. In large, older homes, this amount could be tripled. Energy recycling is accomplished by using a patented heat pump system, which harvests the energy from the warm grey water and then uses that energy to heat fresh, new water for the home. By recycling this energy, the home’s water can be heated using 75% less energy than any conventional tank or tankless water heater.
NY-BEST Announces 2015 "Capture the Energy" Conference
Leaders to discuss Opportunities for Battery and Energy Storage Industry in New York
Global PV Balance-of-System Revenues to Exceed $20 Billion in 2019, IHS Says
Asian markets dominated by niche BoS suppliers lead the market
California Taking a Lead in the U.S. on State-level Collaborations with China on Clean Energy and Climate Change
A new Asia Society/Sunnylands report details partnerships already taking place with various stakeholders
SolarBOS Now Offering Wire Harness Solutions
All wire harness assemblies are custom manufactured to client specifications, making any installation effective and cost efficient.
Schneider Electric Smart Grid Lab at Ryerson University's Centre for Urban Energy officially open, available for testing and training
State-of-the-art facility will help build the future of Canadian energy
GRUPO CLAVIJO IS STARTING A NEW PROJECT WITH A CAPACITY OF 63 Mw IN HONDURAS
The Spanish manufacturer of solar structures and trackers will exceed the installed capacity of 720 Mw.
How The meeco Group manages logistic challenges of solar projects
Missions of the Head of procurement & logistics
Off to the Races: GameChange Starts Kentucky Roll Forming Line for Rapid Deliveries to GA and NC
GameChange has commenced production of roll formed galvanized steel components in Kentucky.
NABCEP Announces Program for 2015 CE Conference
The North American Board of Certified Energy Practitioners (NABCEP) will be holding it's 4th Annual Continuing Education Conference in Albany, NY. The three-day conference will be taking place from March 30-April 1, 2015 at The Desmond Hotel and Conference Center.
SMA Sunny Tripower Inverters Energize O2 Energies' 4.25 MW Rockwell Solar Farm
Decentralized Design Selected for Utility-Scale PV Plant in North Carolina
US Energy Storage Market to Grow 250% in 2015
Deployments will increase from 62 megawatts in 2014 to 220 megawatts in 2015.
Ethical Electric Passes Corporate Giving, Environmental Impact, Customer Milestones
Renewable energy company Ethical Electric announces it has passed 56,000 customers, 588 million avoided pounds of carbon dioxide emissions, and $543,000 in non-profit donations.
RES Americas Announces Commercial Operation Of 110 MW Texas Wind Project
The Keechi Wind Project will deliver electricity into the Electric Reliability Council of Texas, Inc. (ERCOT) market, under a 20-year Power Purchase Agreement with Microsoft Corporation.
ET Solar Builds a 9.1 MWp Solar Farm for Hilperton PV in the UK
Code named "Marsh Farm", the project is located at Trowbridge in Wiltshire and is expected to be grid-connected under the 1.4 Renewable Obligation Certificates scheme this month.
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