Venture capital firm Kleiner Perkins is getting rid of a small, early investment from back in 2005 in a highly controversial energy storage startup called EEStor.
Energy storage company EEStor put out a press release on Tuesday saying it’s still alive and making progress on its technology.
Why are there so many snake oil salesmen and scam artists in the energy space?
Politicians, in office and retired, need to do their homework and pay special attention to connecting with tech and greentech startups. The majority of these companies won’t succeed.
Was Tesla Motor’s CEO Elon Musk on the right track when he said he’d bet on capacitors over batteries for the future of electric cars? A group of high-profile investors seem to think so and have backed ultracapacitor startup Ioxus with $21 million.
At the Cleantech Forum in San Francisco on Wednesday, Tesla’s CEO Elon Musk says he bets that it could be capacitors — rather than batteries — that will deliver an important breakthrough for electric transportation, an interesting comment from a CEO whose products are based on lithium-ion batteries
With no word in sight from Zenn Motor’s endlessly-controversial partner on which it bet the farm — EEStor — the CEO of Zenn Motors, Ian Clifford, has officially stepped down this week. Clifford will shift into the role of Vice Chair of the Board of Directors.
While Zenn Motor came to the end of its life as an electric car maker four months ago, there’s still no word on progress from Zenn’s controversial partner — on which it bet the farm — EEStor. In fact Zenn seems to be distancing itself.
EnerG2, a company working on synthetic carbon materials for energy storage devices, hit pay dirt last summer with the award of a stimulus grant under a DOE program. Today, in Albany, Ore., the startup at last kicked off construction of the factory made possible by that grant.
Despite all of the innovations and investments in solar, wind, and the smart grid, the reality of cutting carbon emissions out of the U.S. energy portfolio will rely on natural gas, which will make up 40 percent of the U.S. energy market according to a report today.