Audit reveals some mismanagement of smart grid demonstration stimulus funds

A report from the Department of Energy’s Inspector General found some mismanagement of the smart grid demonstration program that allocated $700 million mostly from the stimulus package. Out of an audit of just a portion of the program, the report found $12 million in questioned costs.

Photos: The wild power grid of Old Delhi

Check out the wild jerry-rigged grid action going on in some of the areas of Old Delhi. Now that is some craziness. Check out my little photo essay of Old Delhi’s “grid gone wild:”

Green building firm Project Frog raises $22M from GE, VCs

Despite the seemingly downward short-term trend for cleantech investing, corporations and investors continue to back the green building sector. On Wednesday San Francisco–based energy-efficient building company Project Frog announced that it has raised $22 million from GE and a group of investors.

A123 Systems hooks into China’s grid

Only 72 percent of China’s wind-power sources are connected to its grid — meaning there’s a good deal of wind turbines that are spinning that aren’t providing usable clean power. Battery maker A123 Systems hopes its first deal in China can help with that problem.

Aquion Energy raises $20M for its grid battery

Aquion Energy, which is developing a low-cost battery for the power grid made from sodium and water, has closed $20 million of a planned $30 million round and has brought on investor Foundation Capital in addition to existing investor Kleiner Perkins Caufield & Byers.

How California ISO uses Google Maps, big data to manage power

Talk about big data: The California Independent System Operator Corporation has installed an 80-foot by 6.5-foot screen in its control room to display real-time power-grid data from thousands of endpoints. Its system is powered by Space-Time Insight, whose software melds real-time geospatial data with unique visualizations.