Thursday, October 20, 2005

The latest investor in green energy - the CIA | csmonitor.com

The latest investor in green energy - the CIA | csmonitor.com:
by John Dillin -- 10/18/05
"SkyBuilt Power Inc. has begun building electricity-generating units fueled mostly by solar and wind energy. The units, which use a battery backup system when the sun is down and the wind is calm, are designed to run for years with little maintenance.
Depending upon its configuration, SkyBuilt's Mobile Power Station (MPS) can generate up to 150 kilowatts of electricity, says David Muchow, the firm's president and CEO. That's enough to power an emergency operations center, an Army field kitchen, or a small medical facility.
Privately owned SkyBuilt now has a new investor - In-Q-Tel, a venture capital firm set up by the US Central Intelligence Agency. Skybuilt and In-Q-Tel will announce Tuesday that they have signed a strategic development agreement, including an investment in SkyBuilt."

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