BioPower Systems draws inspiration from the sea to build ocean power technologies
In the high-stakes world of clean energy technologies — where even the slightest engineering tweak can mean the difference between market leader and also-ran — developing a system solely around biological designs might seem like an unusual strategy. Yet Sydney, Australia-based BioPower Systems, in seeking to prove the old dictum that you can’t improve on nature, has done just that: building two ocean power conversion systems modeled around a shark’s fin and a sea plant’s… Continue Reading
Hydro Green Energy caps off first funding round in growing “hydrokinetic” market
Hydro Green Energy, another player in the burgeoning hydrokinetic sector, has just capped a $2.6 million first funding round led by the Quercus Trust.
The Houston-based company holds 13 preliminary permits from the Federal Energy Regulatory Commission (FERC) for projects in Alaska and Mississippi; it expects its first project, on the Mississippi River in Minnesota, to begin operations in late August. Another four projects that will be built downstream of existing U.S. Army Corps of Engineers’… Continue Reading