VIRGIN ENERGY & GREEN FUND
Virgin Energy was a joint venture between Virgin Group and London Energy formed in 2000. It has since been overtaken by EDF Energy.
Branson has diversified with the Green Fund venture
capital group - who frankly are no different to any
other venture capital group in their requirements to
corporate activity, including acquisitions
Virgin Group Ltd. is a British multinational branded venture capital conglomerate company founded by business tycoon Richard Branson.
VIRGIN GREEN FUND
Water - Seven Seas, Quench USA
Branson’s next venture… Virgin Fuel! - Monday, July 31st, 2006
Richard Branson dominates the world with the Virgin Brand, with business ventures on 6 of our 7 continents. It’s hardly surprising that Branson is now made an entrance into the alternative fuel sector. He is set to invest around $1billion into research and development of a new type of alternative fuel, along with opening ethanol plants and solar power stations.
The Virgin air network uses over 700 million gallons of fuel each year, Branson stated:
“I hope that over the next 5 to 6 years we can replace some or all of that (with ethanol).”
Jane Says - July 31st, 2006 at 11:48 am
I’m really pleased that such a big player is taking such a large step towards positive action. It’s only through someone such as this taking the lead, someone who consumes so much fuel, that advances will be made, people will listen and costs will reduce. When that happens, the catch-22 situation will be positive, not negative - lower prices, more users, more development and on goes the loop.
We are waiting to see how this idea develops, or whether it was just a bit of spin for some free publicity. Come on Richard - we're all behind this one!
In an interview some years ago Sir Richard was asked: "did he ever let his heart rule head." He replied: "All the time - I think that unless you do, you're not going to be a very good business person. The only really good reason for doing things in business is based on what your heart tells you, not your head."
Richard sitting astride a giant Virgin Cola branded propane tank
part of the Virgin Global Flyer balloon in Marrakech, Morocco in 1997
Branson has been tagged as a 'transformational leader' by management lexicon, with his maverick strategies and his stress on the Virgin Group as an organization driven on informality and information, one that's bottom heavy rather than strangled by top-level
LINKS and REFERENCE
Portfolio: Biofuels Virgin Green Fund
Portfolio: Solar Virgin Green Fund
Portfolio: Energy Efficiency Virgin Green Fund
Portfolio: Energy Storage Virgin Green Fund
Portfolio: Waste Management Virgin Green Fund
Portfolio: Water Virgin Green Fund
Portfolio: Transport Virgin Green Fund
Gevo has received investments from Khosla Ventures and Virgin Green Fund
ENERGY GENERATING-DISTRIBUTION UTILITIES
The Solar Navigator - SWASSH (Small Waterplane Area Stabilized Single Hull) test model 2012
The latest artificially intelligent SolarNavigator is designed to be capable of an autonomous world navigation set for an attempt
in 2015 if all goes according to schedule - a step towards safe maritme automation.
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