Green Progress

Alternative Energy

DuPont Executive Outlines Company's Plan for Growth in Alternative Energy Technologies

At a conference for investors here today, DuPont Bio-Based Materials Vice President & General Manager John Ranieri said the company's strategy for growth in alternative energy technologies is based on a solid product portfolio and a unique pipeline of new technologies that are supported by a strong intellectual property estate.

"The world needs new sources of clean energy now," Ranieri said. "Alternative energy is already an important market segment across several of our commercial product offerings, and we have strong pipelines that will further drive growth into alternative energy markets."

DuPont's broad-based alternative energy portfolio includes:

Photovoltaic Technologies: DuPont supplies eight of the nine key materials used in a solar panel. These products include conductive pastes and high-performance films that help the panel achieve higher power output and long life. Ranieri indicated DuPont will invest approximately $100 million in the continued development of products and technologies for solar cells and panels.

Biofuels: Last month DuPont announced the creation of a Biofuels business unit to deliver commercial products and pipeline opportunities to the biofuels market. This business includes the Pioneer Industry Select program that is marketing 135 corn hybrids this season to improve the yield potential of grain ethanol production; the Integrated BioRefinery research program to develop technologies to convert entire corn plants and other cellulosic plant material into ethanol; and a research pipeline to accelerate commercialization of alternative biofuels technologies. DuPont sales to biofuels markets have more than doubled over the past five years to more than $300 million.

Crop Genetics: "Over the past decade, agricultural biotechnology has emerged as a high value-driving technology in major crops such as corn, soybeans and cotton," Ranieri said. "Given growing market needs for energy alternatives, energy security and environmental sustainability, we believe the growth opportunities from Pioneer's position as a leader in seed genomics can begin to meet the growing demand for agricultural feedstocks that will be used to create new bio-based products."

Fuel Cells: DuPont's product offering includes advanced materials such as DuPont(TM) Nafion perfluorinated membranes, which have been used in fuel cells for more than 35 years, as well as high-performance membrane electrode assemblies (MEAs). DuPont is active in the development of both hydrogen and direct methanol fuel cell technology.

DuPont owns one of the world's largest patent estates in biotechnology, covering both the rapidly growing agricultural sector and the emerging industrial sectors, and currently ranks second among patent holders in this area.

"The growth potential from the pipeline outlined today is the result of the company's commitment to biotechnology and its market focus to deliver high-performance products that utilize clean energy technologies," said Ranieri.

More Alternative Energy Articles

Department of Energy to Train 75,000 Solar Workers

First Hybrid-Flywheel Energy Storage Plant in Europe announced in Midlands

World's Largest Solar Thermal Power Project at Ivanpah Achieves Commercial Operation

NTU Scientists Make Breakthrough Solar Technology

Wireless Devices Go Battery-Free Using "Ambient Backscatter" from TV and Cellular Transmissions

Harvesting Electricity from the Greenhouse Gas Carbon Dioxide

Maine Project Launches First Grid-Connected Offshore Wind Turbine in the U.S.

University Researcher Making Rechargeable Batteries with Layered Nanomaterials

Vestas 8 MW Offshore Wind Turbine Could Power Up To 3200 Homes

Urban Green Energy and GE Unveil the Sanya Skypump, an Electric-Vehicle Charging Station Equipped with Wind and Solar Power

even more articles...

Suggest an Article for Green Progress

Green Progress :: Green Technology and Environmental Science News
Green Progress is an EcoMethods™ sustainability project. Copyright © 2005 - 2018 Green Progress. All rights reserved.