SmartHeat applies for NASDAQ stock listing
SmartHeat, a Nevada-based company that manufactures heat energy saving devices for the Chinese market, has applied to list its common stock on the NASDAQ under the ticker symbol “SMHT”. The company sells heat meters and plate heat exchangers (PHE) — units that capture and recycle waste heat — for industrial, commercial and residential applications.
The firm claims a 20 – 36 percent efficiency for its devices, which it says also provide better control over processing temperatures… Continue Reading
Stealth Kleiner Perkins company unveils efficiency-boosting material
An efficiency-boosting material maker called GMZ Energy took the wraps off its groundbreaking new thermoelectric material today, and also announced a seed investment for an undisclosed amount by Kleiner Perkins Caufield & Byers.
Thermoelectric materials allow the direct conversion of heat to electricity, or the movement of heat from one part of the material to another when electricity is applied. It’s a common and well-known concept, but not the one we typically use for cooling or… Continue Reading