The Challenge Cup Competition Takes Place at Capital Factory on Friday

This Friday, 27 Austin startups will compete for a spot in the Challenge Cup. They are competing in four categories. In the education category, the startups are: Young Potential Development, Prepify, CultureBooster, Code Arcade and Aceable. In energy, the startups are: Water Lens, nCarbon, MaglevTrans, InfiniRel and Curb. In health, the largest category, the startups […]

As China’s power consumption grows, GE invests in clean energy to meet future demand

The tremendous drive toward clean energy exists because of increased demand for fossil fuels from China and the developing world. “I’m not a clean energy guy, I’m an energy guy,” said Kevin Skillern, managing director of venture capital for GE Energy Financial Services. He spoke to several hundred people attending the second day of the […]

Texas’ future energy needs depends on wind and solar power

In 1999, the Texas legislature passed a law to mandate the state diversify its energy resources. The legislation, dubbed the Texas Renewable Portfolio Standard, required all electricity providers to collectively generate 2,000 megawatts of additional renewable energy by 2009. The state estimates that 2,000 megawatts of renewable energy generates enough electricity to power more than […]