Breakthrough Energy Ventures is backed by a mix of tech luminaries and energy industry heavyweights who share a goal of pumping money into risky, long-term energy technology that could reduce greenhouse gas emissions.
A solar farm can go up in months to meet incremental increases in utility demand; it takes years to permit, finance and build the giant boilers and exhaust systems that make up a coal plant, and they can last for a generation.
The Batmobile and the Star Trek Enterprise got more attention in 1966. But the Electrovan, a General Motors Handivan converted into the world’s first hydrogen fuel cell vehicle, was the real space-age marvel.
According to GM’s Heritage Cente...
At least one advisory first says yes, according to a new paper. The proposed deal could bridge the funding gap with cash-burning SolarCity, and the deal is a necessary step in Tesla’s push to become an integrated sustainable energy company.