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Sunday, December 13, 2009
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Design by: FinalSense
NEWSCARD: David Waswa
ReplyDeleteTeaching the government to love garbage
http://news.cnet.com/8301-11128_3-10413763-54.html?tag=newsLeadStoriesArea.1
It's a quest to reinvent people's relationship with waste. Ze-gen has raised nearly $30 million in funding from venture capitalists, a state-run fund, and a Middle East industrial conglomerate. In September, the company opened a demonstration facility that converts woody debris from construction sites into usable energy through gasification. But like many energy start-ups, Ze-gen hasn't yet landed its first big customer. Suffice to say, financial success still eludes Davis (CEO) and the company's investors.