Novus Energy Partners is building a portfolio of leading New Energy companies and works closely with management to make these companies successful.
A123 Systems, Inc (AONE)
A123 Systems is a world leading supplier of high-power lithium ion batteries designed to deliver a new combination of power, safety and life for the transportation, electric grid services and portable power markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' patented NanophosphateTM technology includes nanoscale materials initially developed at and exclusively licensed from the Massachusetts Institute of Technology. The company operates state-of-the-art manufacturing facilities in Asia which have the capacity to scale to millions of battery packs per year, and is currently expanding its manufacturing capacity in the US. A123 had a successful IPO in September 2009.
Bridgelux, Inc
Bridgelux is a vertically integrated manufacturer of high power and low cost light emitting diodes (“LEDs”) and LED Arrays for solid state lighting applications. The company was founded in 2002 and it is based in Sunnyvale, California. Bridgelux has developed a novel way to package an array of LEDs giving the Company a cost advantage over traditional approaches. Bridgelux has a number of key patents and licensing agreements related to chip, epitaxy, packaging, phosphor and system integration technologies – which are all key for designing and manufacturing efficient high power LED chips and arrays. LEDs have a number of inherent advantages over traditional lighting sources. LEDs consume approximately 15% of the power of incandescent bulbs and can last 50,000 hrs (approximately 19 years under ordinary usage conditions) and provide color control, durability and directional lighting advantages.
Voltaix, LLC
Voltaix, based in Branchburg, NJ, is a manufacturer of specialty chemicals, with exceptional expertise in silicon, germanium and boron chemistry. The company’s products are custom designed for use in the most demanding semiconductor deposition applications and in the photovoltaic industry. The company serves its global customer base from its manufacturing facilities in New Jersey and Florida.
Si Pro AS
Si Pro, based in Glomfjord, Norway, recycles polysilicon off-cuts and other specialty materials to PV ingot and wafer manufacturers. The Company has more than 5 years experience from their recycling facility in northern Norway, and has developed a cost and quality leading recycling process. Si Pro serves on several long term contracts in Norway, and also recently won their first contract outside of Norway with a leading player in the PV industry.
Nordic Windpower, Inc
Nordic Windpower designs, manufactures and sells innovative, two-bladed utility-scale wind turbines for community wind and utility markets worldwide. The company’s N1000 turbine has the lowest installed cost and highest reliability of any turbine in its class. Nordic Windpower’s patented, flexible teeter hub significantly extends mechanical life and lowers maintenance. With headquarters in Berkeley, CA, and a technology office in Bristol, UK, Nordic Windpower operates an assembly plant in Pocatello, Idaho.
Bright Automotive, Inc
Bright Automotive, based in an Anderson, IN, is an HEV/PHEV/EV engineering, vehicle systems design and integration company. Bright Automotive has one of the most experienced teams in plug-in engineering and integrated vehicle design. The company has engaged in a broad fleet customer development effort and has created a consortium of leading Tier One automotive suppliers to launch the prototype IDEA, a PHEV van with breakthrough fuel efficiency (>100mpg). Further, Bright Engineering Services provides engineering, design services, and component products such as battery pack systems and system controllers to the rapidly emerging electrification of transport sector.
Think Holdings AS
Think Holdings AS is a world leading Electric Vehicle (EV) company based in Oslo, Norway. The company was formerly owned by Ford Motor Company, who had invested approximately $150 million in the product to produce a crash-tested, highway capable vehicle. Ford divested in the company, and the company was subsequently re-capitalized in the Fall of 2007. Think has a market ready car. The first product, the ThinkCity car, was launched in the 4th quarter of 2008. Think is now working with Valmet to manufacture cars in Finland.
