Prince's secret energy investment could help solar startups under Trump

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The late, great Prince quietly funded solar energy startups before he died last year, and now that funding could help young cleantech firms navigate the turbulent Trump era. 

The pop musician anonymously invested around $25 million in Powerhouse, a rare for-profit incubator and accelerator that links solar entrepreneurs with investors, Bloomberg reported on Tuesday.

The Oakland, California-based incubator — and efforts like it — could provide a crucial leg-up for innovative renewable energy projects at a time when President Trump is seeking to slash funds for early-stage energy projects through the U.S. Department of Energy. Read more...

More about Startups, Science, California, Solar Energy, and Donald Trump

COntributer : Mashable http://ift.tt/2sdbbvA

Prince's secret energy investment could help solar startups under Trump Prince's secret energy investment could help solar startups under Trump Reviewed by mimisabreena on Wednesday, June 07, 2017 Rating: 5

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