Ice Energy Wins Deal In Riverside

socalTECH

Santa Barbara-based Ice Energy , a developer of energy storage technology, reports that it has scored a win with Riverside Public Utilities. The company''s systems will be used to reduce peak energy usage for the City of Riverside. iceenergy energy cleantech power storage conditioning riverside According to Ice Energy, it has signed a five-year contract to provide 5 megawatts of thermal energy storage, using its systems.

Ice Energy Opens R&D Center In Riverside

socalTECH

Santa Barbara-based energy storage technology developer Ice Energy announced today that it is opening up a new, research and development center in Riverside, with plans to immediately hire 12 at the location. Ice Energy said the move comes due to grants and incentives from Riverside, as well as the University of California, Riverside. iceenergy energy cleantech power storage conditioning riverside

Be Green Packaging Acquired By The Riverside Company

socalTECH

Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. According to The Riverside Company, it will be investing heavily to help Be Green Packaging accelerate its growth, in the areas of manufacturing, sales and marketing, and research and development.

Groups Join To Promote Innovation, Entrepreneurship in Riverside County

socalTECH

A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort. The Riverside County Economic Development Agency , the , and the Tech Coast Angels said they will form the Riverside County Innovation Alliance , which will help promote awarenesss of high tech businesses, mentor entrepreneurs, and help companies find venture capital and other investment.

BrightSource Energy Targets New Solar Power Effort In Riverside

socalTECH

Solar thermal power developer BrightSource Energy said Friday that it has applied for certification of a new project in Riverside County with the California Energy Commission, to develop three 250 megawatt solar thermal power plants on land owned by the Metropolitan Water District. thermal cleantech project power solar county riverside energy brightsource

TriTech, NASA In Economic Development, Technology Transfer Agreement

socalTECH

TriTech Small Business Development Center (SBDC), which provides consulting and training to high tech entrepreneurs, and NASA Armstrong Flight Research Center , in Edwards, California, are in a new economic development, technology transfer, and research relationship, the two announced on Thursday. According to the two, the deal is part of an effort to create a "new business model to spur economic development."

Axonics Names Chief Medical Officer

socalTECH

Irvine-based Axonics Modulation Technologies , which is developing medical devices for treatment of urinary and bowel dysfunction, said today that it has named Karen L. Noblett was the ounding Chair of the Department of Obstetrics and Gynecology at the University of California, Riverside, School of Medicine, and has been the Chief Medical Officer at the University of California, Irvine for the past 20 years.

Competition For Amazon's Next HQ Reach Fevered Pitch: 238 Proposals

socalTECH

Local, Southern California cities have all submitted proposals, with one from the LAEDC which ties together nine cities in LA County hoping for the HQ; another proposal from San Diego from the San Diego Regional Economic Development Corp. ; a proposal from The Irvine Company for an HQ in Orange County ; a separate effort in Riverside County ; a proposal from Oxnard for a HQ in Ventura County ; among others. amazon growth proposal employment jobs economy economic development

EDF Renewable Energy Partners On 186 Megawatt Solar Project

socalTECH

San Diego-based solar and clean energy project developer EDF Renewable Energy said Thursday that it has signed a 20-year power purchase agreement (PPA) to tap into a 186 megawatt power project being build in Riverside County. EDF Renwable Energy said the Desert Harvest Solar Project, being build on approximately 1,200 acres of land managed by the US Bureau of Land Management in Riverside County, is expected to begin delivering electricity in 2020.

SendGrid Ties Into Azure Store

socalTECH

SendGrid , the provider of email infrastructure for application developers which has operations in Anaheim, said today that it has launched on the new Windows Azure Store. SendGrid said it would offer its email infrastructure management services through Microsoft's new store, which is aimed at application developers using Windows Azure, to help them connect into third party technology. application developer software delivery email azure windows microsoft sendgrid

Bourns Buys Komatsulite Mfg. Co.

socalTECH

Riverside-based electronic components manufacturer and supplier Bourns has acquired Japanese company Komatsulite Mfg. a developer of safety devices for the rechargeable lithium-ion battery market, the company said Wednesday. Bourns said Komatsulite develops mini breaker devices used to enable longer battery life, high current draw, and fast recharge of lithium ion batteries, and has more than $100M in annual revenues.

TruTouch Technologies Ups Series B-1 To $4.3M

socalTECH

Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies , which develops biometric, alcohol detection systems, said today that it has raised $4.3M in its Series B-1 funding round. The funding came from iTulip Community and Launchpad Venture Group. According to TruTouch, the funding will go towards bringing the company to profitability. TruTouch is led by Richard D.

Water Planet Raises Series B Funding

socalTECH

Los Angeles-based Water Planet , which develops water treatment membranes, said today that it has raised a new, Series B funding round. Water Planet is led by Eric Hoek, the former UCLA and UC Riverside professor who created the membrane technology behind another, water filtering membrane startup, NanoH2O, which is now part of LG. Size of the funding was not disclosed.

SolarReserve Claims Progress On Power Projects

socalTECH

Santa Monica-based SolarReserve , the developer of utility scale solar power projects, claims today that it is proceeding with purchases of long-lead materials and equipment on its Crescent Dunes and Rice Solar Energy projects. SolarReserve's Crescent Dune Energy Project is in Tonopah, Nevada, and its Rice Solar Energy Project is in Riverside County.

Integrien Gets Another Patent

socalTECH

Irvine-based Integrien , a developer of IT performance analytics software, announced this morning that it has received another patent on its technology. Jeske is a Professor and Chairman of the Department of Statistics as UC Riverside. The firm said that the patent is the second issued for the firm, which has another 11 additional patent applications. The patent is U.S.

DOE Offers $4.5 Billion In Loans To Boost California Solar Power

socalTECH

billion in loans for the Desert Sunlight project in Riverside County, and $1.93 The loans will go towards build out of those projects, all of which are being developed by solar panel maker First Solar. In another boost for the solar power boom in Southern California, the U.S. Department of Energy said Thursday that it is offering up nearly $4.5 billion in loans, for three, California photovoltaic solar power plant projects. The loans, announced by U.S.

Rustic Canyon Backs Social Shopping Site

socalTECH

Mertado also has a deal with th Press Enterprise, the newspaper publisher for Riverside and San Bernardino County, where the Press Enterprise will develop a co-branded social shopping site with Mertado. Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator.

Steve Poizner Boots Up New Southern California Tech Nonprofit

socalTECH

Steve Poizner , the former California gubernatorial candidate and former founder of SnapTrack (which he sold to San Diego's Qualcomm), says he has created a new group called the Alliance for Southern California Innovation , which will focus on further developing Southern California's entrepreneurial ecosystem.

Five Area Firms Get DOE Funds for Concentrating Solar Power Research

socalTECH

Five, Southern California firms are among companies who are splitting up $62M in government funding for the research, development, and demonstration of concentrating solar power systems, according to an announcement by the U.S. for a new class of solar concentrators; and Riverside-based Terrafore receiving up to $1.4M for its development of thermal storage systems for energy storage.

SolarReserve Gets CPUC Approval On Project

socalTECH

Santa Monica-based SolarReserve , the well-backed developer of solar thermal power plant technology, reported today that Pacific Gas and Electric (PG&E) has received approval from the California Public Utilities Commission (CPUC), for the 25-year power purchase agreement announced last December by the firms.

Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others. Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community.

SoCal 109