The inside talks between Google and Makani Power must hold a lot of details, because Makani’s website doesn’t say much of anything at all about the wind power product that Google has just committed $5 million to – on top of a full $10 million they gave to the company in October of 2006.
Makani claims to have a kite-based wind technology that can create energy cheaper than coal, and says their system creates as much as 10 times more energy than conventional turbines. Makani, however, is keeping its cards close to its chest, and neither Makani nor Google are giving away the goods.
It’s tough to weasel $15M out of a company like Google without a relevant product, though it has been two years since they received their previous investment, so we’re eager to find out more soon.
written by Steve N. Lee, August 29, 2008
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