User:Elbee56/Innovations Development Group (IDG)

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Innovations Development Group (IDG) is a strategic planning and development company in geothermal energy established in 1998.[1] IDG executes collaborative projects primarily in the Asia-Pacific region using a “Native-to-Native” business model; the standards address sensitivity to native cultures and preservation of local environment. IDG’s primary focus in geothermal energy projects stems from a history in real estate property development and renewable alternative energy resource development. Projects to which IDG has mostly contributed range from real estate property and resort development to geothermal projects and renewable energy with native resources. IDG is recognizable by their logo: a kuru, or Maori spiral.

[1. History] [1.1 Origins] Geothermal energy’s potential to meet the needs of the Hawaiian islands’ people was addressed by the monarchy as early as 1881. The development models for geothermal technology conceived a century later proved disastrous for traditional cultures, local communities and the fragile ecosystem. In response, IDG joined community efforts to oppose exploitative development of the environmentally-detrimental models.

[1.2 Use] – IDG was selected by the Taheke 8C Inc management Committee in October 2009 after previously applying for a joint venture partnership role in the proposed geothermal development to provide consultancy services to assist and support the Taheke 8C Inc team during the exploration phase and negotiation process of their proposed green field geothermal development on Taheke 8C Inc’s land.

IDG was able to help the Proprietors of the Taheke 8C & Adjoining Blocks Inc. successfully negotiate and sign off on a deal with the largest privately owned geothermal power generation company in New Zealand (Aotearoa) for a 50-150 megawatt project completed at the end of November 2009. This deal used the equity participation model, which is the first of its kind for Maori in New Zealand. IDG was responsible for negotiating the details of the Taheke deal with all major geothermal players in the New Zealand. This was a landmark transaction with Maori participating in ownership from the outset.

[1.3 Joint Ventures] IDG has worked collaboratively with other energy-conservation companies including Te Nahu Lovell & Co Ltd.[2], Taheke 8C Inc.,

2. Business Lines – Services, products and technologies are divided into # principal lines of business. Starting is what year, IDG reports financials using # business segments: types of industries, systems, etc. 2.1 Principal line of business #1 2.2 Principal line of business #2 2.3 Principal lines of business #3

3. Operations – Maybe expand on the planning and development 3.1 Planning 3.2 Development

4. Management – Mention before subcategories the CEO, committees, use of pono method and N2N business model 4.1 Management Team

Patricia K. Brandt CEO, Director Robbie Le’a Kapi’olani Cabral Senior Advisor, Director Lee Erwin, CPA Financial Advisor Mililani Trask, Esq Indigenous & Community Advisor Cy Bridges Cultural Advisor Patricia Medina Talbert, Esq IDG Corporate Counsel Keli’i Erwin Financial Advisor, Renewable Energy Investments Sadiq Zarroud, Ph.D Geothermal Science, Engineering and Technical Advisor Peter Britos, Ph.D Communications Advisor, Director

4.2 N2N Business Model The “Native-to-Native” (N2N) business model, founded by IDG, was established to ensure that all projects are culturally appropriate, socially responsible, environmentally sustainable and economically equitable.

4.3 PONO method “Pono” means righteous, correct or responsible in the Hawaiian language and a fitting acronym to IDG’s business method. P – Policy change; O – Open process; N – No violations; O – real Opportunities for communities to participate and benefit. This method earned IDG considerable traditional and online coverage quickly after its establishment, identifying IDG as a fundamentally change-inducing factor in public conversation and government policies in Hawaii.

5. Workforce/Labor relations – Statistic including date (if available) of employees, where the majority work or reside and the rate of growth in labor resources 5.1 (optional) Any news or conflicts involving mgmt or labor or creation of the new business model

6. Environmental record – In 1976, the first geothermal well was drilled in the Puna area on Hawaii Island and went live in 1981, producing 3 megawatts of power for 8 years before being halted due, in short, to the protests of the Hawaii Island locals who claimed the drilling was detrimental to the environment as well as in opposition to their culture and religious beliefs.

IDG, recognizing the importance of geothermal energy, joined the fierce community opposition to the exploitative development, contributing to the 1992 Pele Defense Case in the Hawaii State Supreme Court that established standards for Native Hawaiian worship and gathering rights. The company did not oppose the geothermal technology, bur instead, opted to bring access to cleaner technologies, enhanced environmental awareness, a commitment to sustainable energy and community participation.

6.1 Environmental Stewardship – Any environment-related awards (e.g. Illinois Governor’s pollution prevention award) – What it’s for, details on practices that resulted in the honor

6.2 Violations of environmental law if applicable

7. Advocacy, philanthropy & awards – Any associations with coalitions, NGOs (Maybe shorten section 6 and move details here)

8. Use of Services

8.1 Taheke 8C & Adjoining Blocks Geothermal Project In October 2009, to help the proprietors of the Taheke 8C & Adjoining Blocks Inc (a landmark energy development endeavor), IDG helped to successfully negotiate and sign off on a deal with the largest privately owned geothermal power generation company in New Zealand for a 50-150 megawatt project completed at the end of November 2009. IDG’s services also included scientific and engineering reviews, the development of financial scenarios and extraction valuation analysis. This project established the equity participation model and the first of its kind for Maori in New Zealand.

8.2 Future Projects As of 2012, IDG is reportedly in negotiations on behalf of the Taheke 8C & Adjoining Blocks, Inc for a proposed 15 megawatt Hydro Power Plant located on trust land in Rotorua, as well as projects with A8D Ahu Whenua Trust, a Geothermal Development company, and Wakapuaka 1B Block, Inc, a Wind Farm Exploration.


References[edit]

  1. ^ Author, "Publication", date of publication
  2. ^ Te Nahu Lovell & Co Ltd. "http://www.tenahulovell.co.nz/energy.php", February 22, 2010

External links[edit]


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