Clean-tech companies can transform

Solar energy SaverLooking for the next opportunity in energy efficiency? Perhaps you can draw some inspiration from an innovative US business named Transphorm.

 

Google Ventures recently invested a whopping $20 million into the start-up, which claims to prevent most of the energy loss that occurs in solar panels, electric cars and computer services.

 

Transphorm, which makes a form of electric power conversion technology, says its modules can recoup 90% of the energy that is lost when direct current or alternating current is turned into another form of power.

 

The technology is heavily reliant on gallium nitride – used in LED lighting – which Transphorm says is better suited to power conversion than the more popular silicon.

 

Google’s investment portfolio already includes companies involved in DNA analysis, anti-malware technology and even auto manufacturing. However, the investment team tends to look at clean-tech companies.

 

Australia is increasingly being looked upon as a leader in this area, so perhaps there is an opening for a local clean-tech company to offer something in the way of power conversion.

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