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News Link • Energy

Billionaires investing based on energy needs of a future highly urban global middle class

•, brian wang

The Board has Jeff Bezos, Bill Gates, HRH Prince Alwaleed bin Talal, Michael Bloomberg, Richard Branson, John Doerr, Ray Dalio, Vinod Khosla, Jack Ma (Alibaba), Masayoshi Son (Softbank), Ms. Zhang Xin & Mr. Pan Shiyi and others.

They invested in :

Quidnet Energy

Quidnet improves pumped hydro energy storage. They pump water underground in shale rock to create pressure, later harnessing the water to run turbines. Form Energy is developing new types of battery chemistries that it says can store renewable energy for longer periods of time at low cost.

Quidnet Energy pioneered a novel form of pumped hydro that is widely deployable at very low cost called Flex Formation Subsurface Pumped Hydro. 

Pumped hydro is huge in China.

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