Beacon Power, a flywheel storage company that received a government loan guarantee, said its storage plant will continue to operate as it seeks new sources of capital. Martin LaMonica is a senior ...
According to the Boston Business Journal, Beacon Power BCON may be about to go the same way as Solyndra despite receiving government funding. This represents another government-backed alternative ...
Beacon Power, which received a $43 million DOE loan guarantee from the same program that Solyndra did, is bankrupt after running out of money. Martin LaMonica is a senior writer covering green tech ...