first place

Inaugural Houston challenge names winning team with plastics solution

University of Houston students Sarah Grace Kimberly and Emma Nicholas won UH Energy Transition Institute's inaugural Circular Plastics Challenge. Photo via UH.edu

Dozens of Houston college students tackled circular economy challenges, and two came out on top by winning the top award.

University of Houston’s Energy Transition Institute hosted a challenge for students to address the issue of plastic waste and create a real-world circular economy, as over 60 students participated in the inaugural Circular Plastics Challenge.

Six finalist teams presented their solutions at the 2023 Energy Night hosted by the UH Energy Coalition with final pitches ranging from transportation emissions, renewable packaging and sustainable material, drones to limit excess packaging, and more topics aimed to reduce use.

Sarah Grace Kimberly and Emma Nicholas were the challenge winners. The team proposed using a liquid-based membrane filter inserted into household drains to combat microplastics found in common personal care products, such as makeup and hygiene items. The membrane’s function would act as a magnet, which would attract and capture microplastics from wastewater in showers and sinks. Both juniors from the C.T. Bauer College of Business also won the viewer’s choice award from their peers.

“We wanted to provide a simple solution to a growing problem,” Kimberly says in a news release. “Before we did this project, we didn’t know that microplastics existed, let alone in our makeup. I didn’t know I was basically putting plastic on my face every single day and washing it off into our drains. Because it’s an unseen problem, it’s hard to address.”

UH’s ETI is an academic research institute that focuses on advancing environmentally responsible energy efforts.

“If you look at the wide variety of proposals and approaches, you can see the complexity of the problem and all the different things that society must consider to find solutions,” ETI Founding Executive Director Joe Powell says in the release. “I think circularity in plastics and chemicals is as difficult to address as the net-zero issue within the energy sector, if not more. We have a unique opportunity here to tackle both, and it’s really great to see our students thinking ahead.

Other finalists included Wolff Center for Entrepreneurship seniors Nicolas Einarsson, Bennett Mainini, Arianna Chavarria, and Fernanda Ruelas, who secured second place with their renewable packaging company presentation titled “ShipSafe.”

Reverse Logistics — with team members Hasti Seraji, Farzane Ezzati, and Haowei Yang — earned third place for their consumer-driven reverse logistics approach to recycling packaging.

Trending News

 

A View From HETI

Lydian Energy has secured financing for three battery storage system projects in Texas. Photo via Getty Images.

The Electricity Reliability Council of Texas’ grid will get a boost courtesy of Lydian Energy.

The D.C.-based company announced the successful financial close of its first institutional project financing totaling $233 million, backed by ING Group and KeyBank. The financing will support three battery energy storage system (BESS) projects in Texas.

Lydian is an independent power producer that specializes in the development, construction and operation of utility-scale solar and battery energy storage projects. The company reports that it plans to add 550 megawatts of energy—which can power approximately 412,500 homes—to the Texas grid administered by ERCOT.

“This financing marks an important step forward as we continue executing on our vision to scale transformative battery storage projects that meet the evolving energy needs of the communities we serve,” Emre Ersenkal, CEO at Lydian Energy, said in a news release.

The projects include:

Pintail 

  • Located in San Patricio county
  • 200 megawatts
  • Backed by ING

Crane

  • Located in Crane county
  • 200 megawatts
  • Backed by ING

Headcamp

  • Located in Pecos county
  • 150 megawatts
  • Backed by KeyBank

ING served as the lender for Pintail and Crane projects valued at a combined total of approximately $139 million.

KeyBank provided a $94 million financing package for the Headcamp project. KeyBanc Capital Markets also structured the financing package for Headcamp.

The three projects are being developed under Excelsior Energy Capital’s Fund II. Lydian’s current portfolio comprises 20 solar and storage projects, totaling 4.7 gigawatts of capacity.

“Our support of Lydian’s portfolio reflects ING’s focus on identifying strategic funding opportunities that align with the accelerating demand for sustainable power,” Sven Wellock, managing director and head of energy–renewables and power at ING, said in the release. “Battery storage plays a central role in supporting grid resilience, and we’re pleased to back a platform with strong fundamentals and a clear execution path.”

The facilities are expected to be placed in service by Q4 2025. Lydian is also pursuing additional financing for further projects, which are expected to commence construction by the end of 2025.

“These financings represent more than capital – they reflect the strong demand for reliable energy infrastructure in high-growth U.S. markets,” Anne Marie Denman, co-founding partner at Excelsior Energy Capital and chair of the board at Lydian Energy, added in the news release. “We’re proud to stand behind Lydian’s talented team as they deliver on the promise of battery storage with bankable projects, proven partners, and disciplined execution. In the midst of a lot of noise, these financings are a reminder that capital flows where infrastructure is satisfying fundamental needs of our society – in this case, the need for reliable, sustainable, domestic, and affordable energy.”

Trending News