R&D Challenges in Developing Economies: Mexico's First Parabolic Solar Concentrator
Wednesday, July 25th, 8:00-9:00am San Francisco / 11:00am-12:00pm New York / 5:00-6:00pm Paris and Frankfurt
The commercial and Industrial market sectors have a constant need to reduce operational costs for improving their competitiveness. The 36% of the energy consumed in these sectors are for process heat applications. With the constant price fluctuations of the fossil fuels, the companies find cost estimation in the long term a difficult task. Also, the increasing need to reduce CO2 becomes more important every day. Inventive Power is a company dedicated to the research & development of technologies for the generation and efficient use of energy. Our first proprietary technology product is a Parabolic Trough Solar Concentrator for process heat generation.
- the unique challenges to create technology and Intellectual Property in Mexico where technology base companies have a less advantage entrepreneurial ecosystem
- the difficulties to get R&D capital in developing countries
- how to work with the minimal resources available to create products able to compete globally
Inventive Power; Angel Mejia, CMO
Angel focuses on renewable energy technologies commercialization, technology based product innovation for energy efficiency in C&I markets.