Tag: lucidenergy

OurCrowd’s portfolio company Lucid Energy featured in The Guardian

OurCrowd’s Portland-based portfolio company Lucid Energy was featured in The Guardian, a leading online news source, content aggregator and blog. Lucid Energy is a renewable energy company that enables managers of large water infrastructure to generate low-cost power by capturing energy embedded in moving water in their pipelines, without disrupting their operation and with no environmental impact. To tackle the high demand water and energy place on one another, micro-hydropower is emerging as a technology with potential. In January, Portland, Oregon became the first city to harness electricity from its water pipes and sell it to the electricity grid. The city is using a technology developed by Lucid Energy, which says it will generate 1,100 MWh of electricity a year – the equivalent of powering 150 homes – from four turbines installed along a 50-foot section of Portland’s water pipes. Lucid Energy raised $1,650,000 from OurCrowd investors in November 2012. Read more on The Guardian...

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OurCrowd’s portfolio company Lucid Energy featured in The Huffington Post

OurCrowd’s Portland-based portfolio company Lucid Energy was featured in The Huffington Post, a leading online news source, content aggregator and blog. Lucid Energy is a renewable energy company that enables managers of large water infrastructure to generate low cost power by capturing energy embedded in moving water in their pipelines, without disrupting their operation and with no environmental impact. Lucid Energy’s LucidPipe technology captures energy from fast-moving water inside of 24-inch to 96-inch gravity-fed pipe­lines, with no impact on their flow or operation. Each egg beater-like turbine spins to produce up to 100 kilowatts of constant renewable electricity, and multiple units can be installed into a single pipeline for a system that the company claims can generate more than a megawatt of electricity. The faster the water travels, the more power you get. (It performs best at velocities greater than four feet per second.) Because LucidPipe technology is self-contained, installation is as simple as removing a piece of existing pipe and dropping the LucidPipe into its place. Installation usually takes about a day, and the generators can be connected to the grid within...

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OurCrowd’s portfolio company Lucid Energy featured on PBS

OurCrowd’s Portland-based portfolio company Lucid Energy, a provider of renewable energy systems, was featured on PBS NewsHour. In the report, Hari Sreenivasan interviewed Lucid Energy CEO Gregg Semler and discussed the company’s development of hydroelectric power that doesn’t hurt the environment. Hydroelectricity — using the flow of water to generate power — has long been a small but key source of renewable energy. How can cities around the country better harness that potential? A startup in Portland, Oregon, has developed a system that gets energy from gravity-fed drinking water pipes to produce electricity without any environmental impact. Lucid Energy raised $1,650,000 from OurCrowd investors in November 2012. View the video below or play it on PBS...

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Lucid strikes deal for company to install, operate its in-pipe hydro power system

The Portland Tribune covered Lucid Energy’s deal to begin work on their latest contract, the Conduit 3 Hydroelectric Project based in Oregon. “Site Based Energy, a four-year-old Idaho company, has agreed to be the principal investor and operator of a new in-pipe hydro power system developed by Portland’s Lucid Energy called the Conduit 3 Hydroelectric Project.” Read more online at the Portland...

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