Tuesday, February 26, 2013

Energy Department's advanced energy agency ARPA-E attracts $450M in private funding

ARPA-E summit 2013 featuring Elon Musk and US Energy Secretary Steven Chu

The US Department of Energy's effort to fund research into advanced, experimental energy projects to meet the nation's growing demand for power has succeeded on at least one level, attracting some $450 million in private funding into 17 nascent projects, more than six times the amount the government put into those projects.


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via The Verge - All Posts http://www.theverge.com/2013/2/26/4032744/department-of-energy-arpa-e-attracts-450m-private-funding

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