Sun Catalytix lands funds for “solar fuel” – VentureBeat
While little is known about Sun Catalytix’s forthcoming products, its founder, MIT chemistry professor Daniel Nocera, has long been involved in research on hydrogen gas made with only sunlight and water. Basically, the company uses an electrode containing phosphate and cobalt to separate hydrogen gas from water, leaving only hydrogen molecules.
While lower demand for oil may be welcomed by those concerned about climate change, it’s not necessarily a boon for cleantech companies, many of which have been struggling to raise cash, and others to simply stay afloat. In general, the capital needed to bring alternative energies into mainstream acceptance are hard to come by until the economy recovers.
If the North American electric supply is going to operate reliably after adding a lot of wind turbines, big changes will be needed to accommodate their quick increases and decreases in power, according to a task force report on integrating “variable generation,” set up by the North American Electric Reliability Corporation, a regulatory body.
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