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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. This latest funding round will enable Ambri to deliver commercial systems to customers, build its initial commercial-scale manufacturing plant, and continue technology development. Earlier post.)

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Philippe Boisseau, President Total Gas & Power.

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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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The project was supported by a grant from the Doris Duke Charitable Foundation. The build-up of greenhouse bases in the atmosphere continues unabated, and its environmental and human costs are mounting. What is needed now is a different focus for the debate, one with the potential to build public support over time.

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Slow start for charge of the electric cars - Times Online

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Grants of between £2,000 and £5,000 will be available toordinary motorists to encourage them to buy electric or otherultra-low-carbon cars. The grants will not be available until 2011 and the detail of how they will beallocated and which cars will qualify has still to be worked out. Car buyers were less enthusiastic.