The California Clean Tech Open, a competition formed to accelerate creation of clean technology companies, is offering cash and prizes totaling more than $600,000 in six categories, including renewables such as hydro and ocean technologies.
Hydropower project owners and operators Pacific Gas &Electric Co., San Diego Gas &Electric, and Southern California Edison are co-sponsoring the renewables category. The renewables category will consider innovations that use, enable, and accelerate the migration to renewable energy sources such as wave, tidal, and hydropower, and solar, biofuels, and wind.
The five other categories in the competition are: green building; transportation; smart power; energy efficiency; and air, water, and waste. A diverse group of businesses, educational institutions, governmental leaders, and private individuals, support the competition, which is operated by a group of volunteers, including business professionals, scientists, environmentalists, and entrepreneurs.
Winners are provided capital and expertise. Acterra: Action for a Sustainable Earth, a non-profit organization based in Palo Alto, Calif., sponsors the competition. The competition is an outgrowth of California’s business and governmental support for innovation, technology, and environmental protection.
In the 2006 competition, more than 156 entries were submitted and more than $500,000 in prizes was awarded. Details about the 2007 competition are scheduled for release at a kick-off event May 15. Information also is available now on the Internet at www.cacleantech.org.