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Monday, December 19, 2011

Vodafone invests in affordable fuel cells for mobile phone networks

CellEra, an Israeli company that is developing platinum-free fuel cell technology, has announced a $9.2 million (£5.9 million) investment round led by Vodafone Ventures and Carmel Ventures. Vodafone Ventures is the global venture capital arm of Vodafone Group.

The first CellEra product is targeted at telecommunications operators, offering an affordable, clean and safe alternative to lead-acid batteries and diesel generators at locations such as cell sites.

Ori Bendori, General Partner of Carmel Ventures, said “After a long period of exploration for innovative, unique and disruptive renewable energy technologies, we believe we found all these qualities in CellEra, which is our first investment in this field. We are happy to join forces with Vodafone and the existing investors. Carmel brings to CellEra strong expertise and worldwide ecosystem in the Telecom industry which is CellEra’s target market.”

CellEra CEO Ziv Gottesfeld noted that fuel cells have been recognised as a reliable renewable power generation source, allowing mobile network operators to reduce power generation related emissions and end-of-life hazards, but wide market acceptance has been hampered by their high costs. CellEra aims to reduce these costs through the development and introduction of a new form of fuel cell technology that eliminates the need for high-cost materials and expensive hardware in the fuel cell stack.

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Opinion Articles

Are mobile networks about to cut down on free WiFi?

Mark Bridge writes:

I don’t mind paying for a spot of WiFi when I need it. Admittedly I’d prefer to find a coffee shop with a free hotspot but I’ll pay if I really need a connection. Not just here in the UK but abroad too.

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Safer Internet Day and the security risks facing young smartphone users

Mark Bridge writes:

It’s Safer Internet Day today, which is a European Commission-backed event that’s all about promoting the safer use of online technology - both fixed-line and mobile internet connections - with a particular focus on children and young people.

Internet security specialist G Data has taken advantage of the occasion to offer its top five mobile security tips for parents and children to help them stay safe online.

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Last week at The Fonecast: 6th February 2012

Mark Bridge writes:

Facebook’s certainly had its share of privacy concerns – but last week the social network revealed plans to go public in a very different way. It formally announced its intention to launch on the stock market; what is known in the USA as an Initial Public Offering. The IPO is expected to raise around $5 billion, although that’ll just be a fraction of the total (and as yet undisclosed) value of the company.

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Facebook to raise $5 billion from Initial Public Offering

Mil Arcega of voanews.com writes:

Facebook is going public. The world’s largest social media network filed documents late Wednesday for its much anticipated initial public offering (IPO). Analysts say the initial offer will raise about $5 billion in the first go around, making it one of the biggest in recent history. We take a look at how much the company is worth and what that could mean for investors.

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Last week at The Fonecast: 30th January 2012

Mark Bridge writes:

If you want a big money story from the last few days, you want Apple. The company announced its highest quarterly revenue ever, hitting $46.33 billion (£29.66 billion) with record quarterly profits of $13.06 billion. That’s probably enough money to buy the moon, assuming Newt Gingrich is prepared to sell it – or, in the real world, is one of the biggest quarterly profits ever.

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