So far in 2009, battery companies have received over $600 million in venture capital funding, compared with $478 million garnered for 2008, according to research analyst Lux Research.
The investment isn't without reason. In a report released Tuesday, Lux predicted that the energy storage market will grow to become a $60 billion industry by 2013.
But for now, it's hard for even the experts to predict who will emerge as the victorious innovators. Instead of a few key players, there's a plethora of both established and start-up companies developing a wide range of approaches to power storage … Read more