Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

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

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Announcements

Global Nano-Enabled Packaging Market For Food and Beverages Will Reach $15.0 billion in 2020 May 26th, 2015

Dr.Theivasanthi Slashes the Price of Graphene Heavily: World first & lowest price – Nano-price (30 USD / kg) of graphene by nanotechnologist May 26th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Energy

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Visualizing How Radiation Bombardment Boosts Superconductivity: Atomic-level flyovers show how impact sites of high-energy ions pin potentially disruptive vortices to keep high-current superconductivity flowing May 23rd, 2015

Conversion of Greenhouse Gases to Syngas in Presence of Nanocatalysts in Iran May 22nd, 2015

Automotive/Transportation

Wearables may get boost from boron-infused graphene: Rice U. researchers flex muscle of laser-written microsupercapacitors May 18th, 2015

ORNL demonstrates first large-scale graphene fabrication May 14th, 2015

Penn and UC Merced researchers match physical and virtual atomic friction experiments May 8th, 2015

Silicon Storage Technology and GLOBALFOUNDRIES Announce Qualification of Automotive Grade 55nm Embedded Flash Memory Technology May 5th, 2015

Home

Industrial Nanotech, Inc. Announces Official Launch of the Eagle Platinum Tile™ May 19th, 2015

ORNL superhydrophobic glass coating offers clear benefits May 11th, 2015

The Original Frameless Shower Doors Installs DFI's FuseCube™ to Offer Hydrophobic Protective Coating as a Standard Feature: First DFI FuseCube™ Installed on the East Coast to Enable Key Differentiator for the Original Frameless Shower Doors January 29th, 2015

Materials - Next-generation insulation ... January 13th, 2015

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