CleanTech OC Daily - 3/29/12Thursday, March 29, 2012
Xtreme Power Quietly Building Small-Scale Energy Storage
Xtreme Power is best known for their battery technology, but they are now moving in to a new marketing and working on smaller-scale projects, and could start producing “community energy storage” units for utilities and commercial clients. There is good news for cleantech startups and investors according to Stuart Bernstein, the head of the clean energy group at Goldman Sachs. He shared that “things are looking up” at the Cleantech Forum in San Francisco on Wednesday and shared some parallels between the cleantech and general tech sectors. At a panel discussion on March 8 convened by the California Public Utilities Commission (CPUC), an Energy and Financial Policy Specialist with Environmental Defense Fund’s (EDF) San Francisco office, presented a proposal that would eliminate the upfront cost of energy improvements. Under the assumption that the utilities will participate, EDF foresees many benefits: no or limited direct cost to taxpayers, job creation in the construction industry, and pollution reduction. |