The U.S. Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) this week announced that 17 projects it has helped jump-start have “demonstrated major technical successes and shown significant market engagement” in the past 4 years. Putting a dollar figure on that, the 17 projects “have attracted over $450 million in private sector … [continued]
Sun Catalytix, an American company founded by a MIT professor, is working on a low-cost ‘solar to hydrogen’ power system and plans to launch it within the next 18 months. The product which was announced about two years ago has attracted millions of dollars in investment from the Indian industrial … [continued]
Daniel Nocera’s Sun Catalytix was one of the 37 ARPA-E awardees last month with a $4.1 million vote of confidence from the Nobel prizewinner-driven Department of Energy. Now Polaris Venture Partners has just added $1 million to its earlier $2 million investment in the MIT spin-off to bring their total … [continued]
