February 24, 2010 6:23 PM EST
A new San Francisco based startup unveiled a portable fuel cell on Wednesday, hoping to usher in a new era renewable green energy.
Bloom Energy, which has been drawing a lot of attention this week, officially unveiled its Bloom Box at a highly publicized media event on Wednesday.
The Bloom Box would allow homes and businesses to generate their own electricity, the company says, by turning waste or fuels into electricity.
"We believe that we can have the same kind of impact on energy that the mobile phone had on communications.,"Dr. KR Sridhar, principal co-founder and CEO of Bloom Energy said.
The Bloom Energy Server converts air and nearly any fuel source -- ranging from natural gas to a wide range of biogases -- into electricity via a clean electrochemical process.
The company said even running on a fossil fuel, the systems are approximately 67 percent cleaner than a typical coal-fired power plant.
Gov. Arnold Schwarzenegger, Sridhar, and venture capitalist John Doerr and former Secretary of State Colin Powell were at eBay's San Jose headquarters for the unveiling.
Like us on Facebook
"Bloom is 60 percent cleaner than coal," said Schwarzenegger.
Google, FedEx, Staples and Wal-Mart are among the companies beta-testing the technology; several Bloom Boxes are in use on the eBay campus.
Bloom Energy hopes to raise about $400 million from investors in order to mass produce its solid oxide fuel cells.
Diet Soda: Research Sparks Debate on Risks of Heart Disease, StrokePut down your diet soda and listen up. The bubbly zero calorie drink may increase your risk of heart disease, according to new research.
First Photos of Beyonce’s Baby Blue Ivy Carter Reignite Surrogacy Rumors [PHOTOS]The first photos of Beyonce's baby Blue Ivy Carter were released to the world on Friday by Beyonce and husband Jay-Z. The couple posted five photos one the Tumblr page "Hello Blue Ivy Carter.
Kim Jong-un Assassination: Leader Rumored to be 'Shot to Death'Kim Jong-un was killed by an assassin at the North Korean embassy in Beijing, China, at leatst according to one of many varying reports on the Supreme Leader to hit the web on Friday.
We value your privacy. Your email address will not be shared.
