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In February, the Obama administration announced its so-called Clean Energy Investment Initiative, a program that was seeking to generate $2 billion in commitments from the private sector to help spur clean energy innovation.
Just four months later, it seems, investors have willingly answered the call twice over amid rebounding interest in renewable energy.
The Obama administration said today that a collection of philanthropic groups, universities, and for-profit institutions have committed $4 billion to invest in clean energy. These are investments that might not fit in the average investor's portfolio. Instead, the money will fund things like solar, wind, and fuel cell technology, the type of potentially transformative innovation that all too often never sees the light of day because funding dries up.
Original Submission
(Score: 0) by Anonymous Coward on Thursday June 18 2015, @12:07AM
save up electricity all day through the peak hours in home batteries, and recharge your EV overnight
Correction: save up electricity all day though the peak hours in your EV's spare battery so you don't have to recharge it at night when there is no sun, just swap them out each evening.
(Score: 0) by Anonymous Coward on Thursday June 18 2015, @01:53AM
dreamer
When I drive into the garage with my salt encrusted car (winter in the NE USA) the last thing I want to do is try to swap hundreds of pounds of batteries, and get salt/slush/brine all over everything.
(Score: 0) by Anonymous Coward on Thursday June 18 2015, @06:16AM
i think we have a thing called the grid so the home solar can recharge the evehicule at work and power the lift, coffee machine and computer at work too?