Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > GMZ Energy Paves the Way for New Generation of Greener Household Appliances, Power Plants and Cars

Abstract:
Material Breakthrough Delivers Affordable and Adaptable Nanotechnology for Cleaner, More Energy-Efficient Products

GMZ Energy Paves the Way for New Generation of Greener Household Appliances, Power Plants and Cars

Boston, MA | Posted on April 17th, 2008

GMZ Energy today announced the availability of a breakthrough material designed for a new generation of cleaner, more energy-efficient products. The new thermoelectric material, nanotechnology-based and environmentally friendly, effectively turns waste heat into electrical power and paves the way for greener consumer and industrial products that can contribute to a more sustainable future.

The GMZ material has a range of capabilities and applications, which includes the ability to optimize cooling in refrigerators and air conditioners and to generate power from heat sources such as automotive exhaust systems. Commercially viable because it is available, cost-effective and easily adoptable, GMZ material can be used in products today to start reducing energy use and therefore greenhouse gas emissions.

"The use of thermoelectric materials in clean technology has long been overlooked due to high costs and low efficiency, and we've overcome those challenges," says Mike Clary, CEO of GMZ Energy. "We're very excited about the efficiency gains our technology allows, and GMZ Energy is well-positioned to deliver a commercially available material today and help facilitate its use in everyday products."

In the near-term, the GMZ material will be used in cooling applications and to create products that consume less energy or capture energy that would otherwise be wasted. Longer term, it can provide more advanced solutions, such as cars partially powered by the exhaust system and solar thermal panels with heightened performance.

The GMZ material, currently in advanced testing stage at select U.S. and Asia-Pacific manufacturers and being sampled by early customers, integrates easily into existing and new product designs for a rapid time-to-market. GMZ Energy is producing the material in pre-production volume at its multi-ton manufacturing facility. Previously, producing such a material was complex work with multiple steps of nanotechnology engineering. GMZ Energy pioneered a simple manufacturing process that makes the thermoelectric material cost-effectively and at high enough volume to be commercially viable.

The GMZ thermoelectric material consists of an environmentally friendly alloy. The alloy, bismuth antimony telluride, is crushed into nanoparticles about one-1,000th the width of a human hair which are then heated and pressed back together in GMZ's innovative manufacturing process. The process disburses the nanoparticles throughout the bulk material, which has the benefit of scattering incoming heat. As a result, the material has the unique power to slow down heat flow while allowing electrical flow, thereby redirecting heat to drive electrons and energy rather than escape. The GMZ material delivers that ability to manage, direct and optimize energy on a new scale to the products that use it.

"The new material is a cost-effective way of improving energy efficiency and will have a significant affect on many product designs," says Zhifeng Ren, professor of Physics at Boston College and co-founder of GMZ Energy. "In addition to current applications, which are mostly in cooling, the new material will allow us to expand to new applications, such as solar thermoelectric methods in solar fields to generate power."

The technology to create the thermoelectric material was developed by researchers at MIT and Boston College, two leading U.S. research universities. GMZ Energy was formed by Gang Chen of MIT, Zhifeng Ren of Boston College and CEO Mike Clary to make the innovation market-ready and commercially available for a broad range of business and consumer applications.

####

About GMZ Energy
GMZ Energy is a pioneer in nanotechnology-based materials, a building block for a new generation of cleaner and more energy-efficient products. The company was founded in 2007 to make a new thermoelectric material widely available for use in consumer and industrial products, contributing to a more sustainable future. Based on a scientific breakthrough at MIT and Boston College, GMZ Energy materials are manufactured in Newton, Massachusetts, where the company is headquartered. GMZ Energy is funded by Kleiner Perkins Caufield & Byers.

Contacts:
Burson-Marsteller for GMZ Energy
Maria Cubeta
+1-415-591-4070 (press only)

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Leti IEDM 2016 Paper Clarifies Correlation between Endurance, Window Margin and Retention in RRAM for First Time: Paper Presented at IEDM 2016 Offers Ways to Reconcile High-cycling Requirements and Instability at High Temperatures in Resistive RAM December 6th, 2016

Tokyo Institute of Technology research: 3D solutions to energy savings in silicon power transistors December 6th, 2016

Physicists decipher electronic properties of materials in work that may change transistors December 6th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Announcements

Leti IEDM 2016 Paper Clarifies Correlation between Endurance, Window Margin and Retention in RRAM for First Time: Paper Presented at IEDM 2016 Offers Ways to Reconcile High-cycling Requirements and Instability at High Temperatures in Resistive RAM December 6th, 2016

Tokyo Institute of Technology research: 3D solutions to energy savings in silicon power transistors December 6th, 2016

Physicists decipher electronic properties of materials in work that may change transistors December 6th, 2016

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Energy

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Throwing new light on printed organic solar cells December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 2016

Automotive/Transportation

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Nanocellulose in medicine and green manufacturing: American University professor develops method to improve performance of cellulose nanocrystals November 7th, 2016

Diamond nanothread: Versatile new material could prove priceless for manufacturing: Would you dress in diamond nanothreads? It's not as far-fetched as you might think November 3rd, 2016

Hybrid nanostructures hold hydrogen well: Rice University scientists say boron nitride-graphene hybrid may be right for next-gen green cars October 25th, 2016

Home

Industrial Nanotech, Inc. Announces Plans to Spin Off New Product Line to Major Paint Compan November 9th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Lucintel identifies and prioritizes opportunities for alumina trihydrate (ATH) fillers in the global composites industry August 3rd, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project