Posts Tagged ‘Rockport Capital’

Storing Renewable Energy in Boxes of Air


Storage is needed to harvest the full yield available from intermittent sources of energy like wind and solar. One of the options is compressed-air storage; till now only possible in underground caverns. But SustainX Energy Solutions; a Dartmouth College start-up  that got $4 million in VC funding from Polaris Venture Partners and Rockport Capital this year is working on compressing and storing air in cheap off-the-shelf shipping containers.

Over the next two years SustainX  will try to develop a way to cram 4 megawatt-hours worth of stored energy into each 40-foot long container and to reduce the energy that it currently takes to compress and release air by about 70%.

The goal? A renewable energy storage system with the portability and scalability of a battery and the economy and capacity of a cave. Make that a portable cave.

Th!nk Ox: An Electric Car With Style and Smarts

Norwegian company Th!nk is hoping to kick start the market for electric cars with its upcoming five-seater, the Ox.

Although an Ox is not what I’d call a particularly stylish or intelligent animal, don’t let the name confuse you — the Th!nk Ox could be about the most attractive and functional electric car ever designed. Before the debate starts over that claim, note the all-important “and” between the words attractive and functional.

Due out in 2010/2011, the Ox is about the size of a Toyota Prius. It can go from 0 to 60 miles per hour in 8.5 seconds, travel between 125 and 155 miles on a single charge, and its lithium-ion batteries can be charged to 80% capacity in less than an hour.

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