OurCrowd’s Portland-based portfolio company Lucid Energy, a provider of renewable energy systems, was featured on PBS NewsHour. In the report, Hari Sreenivasan interviewed Lucid Energy CEO Gregg Semler and discussed the company’s development of hydroelectric power that doesn’t hurt the environment.
Hydroelectricity — using the flow of water to generate power — has long been a small but key source of renewable energy. How can cities around the country better harness that potential? A startup in Portland, Oregon, has developed a system that gets energy from gravity-fed drinking water pipes to produce electricity without any environmental impact.
Lucid Energy raised $1,650,000 from OurCrowd investors in November 2012.
View the video below or play it on PBS NewsHour here.