40 clean energy jobs come to Satcon Power
Satcon has expanded their workforce to 158 people to help meet the demand for solar equipment in Ontario, across North America and in countries like China, France, Germany, Italy, Greece and the Czech Republic.
Satcon is one of more than 20 companies that have announced they are setting up or expanding plants to manufacture parts for the solar and wind industry, creating new jobs in Ontario.
Ontario's Energy Plan is aimed at getting Ontario off dirty, smog-producing coal and on to cleaner energy sources like wind, solar and bio-energy. The Plan also includes relief for families, through the new Ontario Clean Energy Benefit that is taking 10 per cent off electricity bills every month.
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Ex-SpaceX engineers in race to build first commercial electric speedboat
LOS ANGELES - A team of former SpaceX rocket engineers have joined the race to build the first commercial electric speedboat.
The Arc Boat company announced it had raised $4.25m (£3m) in seed funding to start work on a 24ft 475-horsepower craft that will cost about $300,000.
The LA-based company, which is backed by venture capital firm Andreessen Horowitz (an early backer of Facebook and Airbnb), said the first model of the Arc One boat would be available for sale by the end of the year.
Mitch Lee, Arc’s chief executive, said he wanted to build electric boats because of the impact conventional…
