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Chicago’s cutting-edge clean-energy firms seek funding to meet demand

AllCell, launched in 2001 with technology developed at Illinois Institute of Technology, offers a patented phase-change material technology that absorbs the heat generated from lithium batteries, making them safer and doubling their lifespan, Al-Hallaj said. The batteries are currently being used to power electric scooters and bikes, but soon will be in electric and plug-in hybrid automobiles and trucks, he said. The company has been selling to the military since 2008 and currently is working with top automakers, he said.

GreatPoint Energy turns coal into clean ‘bluegas’

GreatPoint Energy takes coal, which Perlman calls “the dirtiest, cheapest and most abundant fuel,” and turns it into clean natural gas for all sorts of applications. Over time, the clean fuel will reduce global warming while improving health and quality of life in developing countries, Perlman said.