The taxi-hailing app touts old-school cab hailing with new-school cashless payment.
With new leadership and a $12 million funding round, the taxi-hailing app guns for ride-sharing rivals like Uber and Lyft.
Beacon Power, which received a $43 million DOE loan guarantee from the same program that Solyndra did, is bankrupt after running out of money.
Volvo is testing out a new kinetic energy recovery system that has the potential to give cars 20 percent better fuel economy.
Beacon Power says that its 20-megawatt energy storage system will be completed later this month, marking the largest flywheel installation in the world.
Active Power has created an updated version of its system designed to provide seamless energy backup and tailored it for the IT crowd.
Beacon Power secures $43 million loan to finance a 20-megawatt energy storage project that uses spinning metal disks to store electricity and send it onto the grid.
Flywheel maker Beacon Power said it plans to begin construction later this month of an energy storage facility in upstate New York to stabilize grid frequency.
Beacon Power forecasts that it will provide one megawatt of storage to the electricity grid using its flywheels by the end of the year.
The latest smart-grid programs give alternative storage technologies--including compressed air, flow batteries, and flywheels--a shot at proving themselves at utility scale.