• 4 minutes The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 50 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 12 hours Sand Powered Batteries for Heating Industries and Homes
  • 5 days Once seen as fleeting, a new solar tech proves its lasting power
  • 3 hours "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 2 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 hours "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 2 days Bloomberg - "Hedge Funds Hit by ‘Onerous’ ESG Rule Turn to Lawyers for Help"
The Futuristic Vehicles That Could Compete With EVs

The Futuristic Vehicles That Could Compete With EVs

While electric vehicles are undoubtedly…

Has OPEC+ Reached Peak Production Capacity?

Has OPEC+ Reached Peak Production Capacity?

As oil prices continue to…

Google Invests in Kite-Like Wind Turbine Manufacturer

Google(NASDAQ: GOOG), through its Google X new technology investment division, has just invested in another energy start-up company, this time in Makani Power, a manufacturer of flying wind turbines.

Only a week ago Makani Power, based in California, conducted its first ever autonomous test flight of the Wing 7 prototype, a self-flying airborne turbine, and now it has released a statement on its website that Google, already an investor, will be buying the company.

Makani claims that its product will produce the same power output as a conventional wind turbine, but at half the cost, and using 90% fewer materials to build. The turbines fly around in giant loops on a kite-like device, and are able to take advantage of the stronger, more consistent winds that exist at high altitude.

Related article: 2014 Expected to be a Bumper Year for Wind

Makani believes that its technology would be most effective offshore, where there is huge potential for wind energy, and where it would prove more productive, and far cheaper than current offshore technology.

Makani wrote in a statement on its website that the deal “formalises a long and productive relationship between our two companies, and will provide Makani with the resources to accelerate our work to make wind energy cost competitive with fossil fuels.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News