An eye-glazing technical press release was put out this week by Texas-based EEStor, a company that has spent more than a decade trying to bring low-cost, high-capacity and super safe energy storage to market.
The next morning, Toronto-based ZENN Motor – a minority strategic shareholder in EEStor—saw its stock price shoot up 150 per cent. It was as if a defibrillator had brought a corpse back to life.
So what’s going on here?
Read more at: http://www.thestar.com/business/tech_news/2013/02/01/the_energy_storage_story_that_just_wont_die_hamilton.html