After ARPA-E, Sun Catalytix Seeks New Funding

The ARPA-E summit this week was flush with startups looking for government grants and VC dollars — and some looking for both. Energy-storage startup Sun Catalytix, which just won $4 million from ARPA-E in January, now plans to seek a new round of venture capital, Sun Catalytix director (and Ethernet inventor) Bob Metcalfe told us in an interview. The Cambridge, Mass.-based startup already has raised $3 million in seed funding and hasn’t yet determined the amount of its Series A round, but Metcalfe said it would be in the “single digit millions” as the ARPA-E contract is helping it keep its capital needs down.
The idea behind the technology, developed by Dan Nocera at the Massachusetts Institute of Technology, is to use an intermittent source of energy, such as solar power, to split water into hydrogen and oxygen via electrolysis. When the energy is needed, the hydrogen and oxygen can either be recombined to produce electricity, such as with a fuel cell, or the hydrogen can potentially be converted into a liquid fuel, like ammonia, and used to power vehicles.
Read More about After ARPA-E, Sun Catalytix Seeks New Funding

Are You Repelling As Many Clients As You Should?

When you think about growing a business, you think about how to attract customers. You might build a web site, create marketing materials, and look for ways to get your message to the masses, but have you ever considered ways to repel clients?

Separating the wheat from the chaff is a big part of creating a successful business. As one Inc. magazine article noted, “A person ought to be able to…in five or six seconds have an idea of what you’re selling and whether it applies to them.” Weeding out those who are not well-suited for you and your business is just as important as attracting those who are. Read More about Are You Repelling As Many Clients As You Should?

Daily Sprout

New Fight Over Trees as Offsets: Energy-guzzling companies hope to get carbon credits and avoid obligations to make costlier emission cuts by paying forest owners to preserve trees that might not have been at risk of destruction. — Wall Street Journal

About That Hydrogen Funding: “There are only three sure things in life—death, taxes, and you’re never going to buy a hydrogen fuel cell car.” So why is Congress pouring $100 million into the hydrogen research program that DOE Chief Steven Chu tried to nix? — Grist

Green Job Ranking: If graduates from a growing training program for wind turbine technicians find work, they’ll likely earn salaries around the middle of the green-collar jobs pay scale, which tops out at about $103,200 for environmental engineering managers. — BusinessWeek

Cash for Clunkers Kicks Off: The National Highway Traffic Safety Administration was given until today to issue final rules for the cash for clunkers program, set to run for four months or until the allotted $1 billion runs out. So transactions are expected to take off starting today. — Los Angeles Times

Cleantech Still Waiting for Stimulus: “More than five months after its signing, key parts of the American Recovery and Reinvestment Act’s grant and loan programs are still being hashed out by officials at the U.S. Department of Energy, much to the chagrin of anxious executives pegging big projects on public money.” — Mass High Tech

Daily Sprout

Cash for Clunkers Fraud, Already: The Department of Transportation warns consumers and dealers to watch out for scammers implying you need  to register with them to be eligible for vouchers under the new cash for clunkers program. “This is completely untrue.” — The Truth About Cars

Offshore Wind Leases Blow In: Secretary of the Interior Ken Salazar today issued five exploratory leases for wind energy production offshore from New Jersey and Delaware. — Press Release

Toyota Still Stuck on Hydrogen: Toyota Motor has in the past hinted at a 2014 launch for hydrogen fuel cell vehicles, but now it plans to roll out fuel cell vehicles in 2015. — AFP via Autoblog

GreenHunter on the Prowl for a Buyer: “GreenHunter Energy said today it is exploring a possible sale of its massive biodiesel refinery at the Houston Ship Channel as it works to improve its balance sheet and struggles with a tough market for the alternative fuel.” — Houston Chronicle

Chick Chick Vroom?: University of Delaware scientists say carbonized chicken feather fibers could be used to store hydrogen for cars at a fraction of the cost of carbon nanotubes and metal hydrates. — Green Car Congress

Daily Sprout

Riversimple Aims to Launch Open Source Hydrogen Car: Riversimple will make engineering designs for the hydrogen car it unveiled today in London available online in order to allow local manufacturing in small plants. — BBC

German Solar Firms Eye North African Solar Project: A consortium of about 10 firms based in Germany reportedly plan to invest some $560 billion next month in a 100 GW solar project in several countries in north Africa that would supply power to Europe. — AFP

What’s Renewable? As is typical with land-use policy decisions, the question of what sources of biomass are “renewable” has become a sticking point for lawmakers working on climate and energy legislation. — ClimateWire via NYT

Climate Change, Here and Now: A new report released by federal scientists finds climate change, which is already raising temperatures, rainfall and sea levels throughout the U.S., is on track to become a much bigger threat in the coming century. — Washington Post

Cleantech as Manufacturing Savior: “The captains of industry who gathered Monday at the National Summit all seemed to agree on one thing: The United States needs to be a world leader in clean technologies.” — Detroit Free Press