ECOtality seeks to become renewable energy powerhouse

The acquisitions continue for ECOtality, which this morning revealed its intention to buy Innergy Power, a maker of ThinLine batteries and solar modules.Innergy, based in San Diego with a facility in Tijuana, Mexico, produces solar photovoltaic products, including ruggedized panel solar modules that can be used in the field under adverse conditions.

The acquisitions continue for ECOtality, which this morning revealed its intention to buy Innergy Power, a maker of ThinLine batteries and solar modules.

Innergy, based in San Diego with a facility in Tijuana, Mexico, produces solar photovoltaic products, including ruggedized panel solar modules that can be used in the field under adverse conditions. Its products have applications in off-grid lighting, mobile communications (think emergency preparedness or disaster recovery efforts), mobile computinng, surveillance cameras and the like. CEO Jonathan Read likes to describe ECOtality as one of the first roll-up companies in the clean energy field, bought Fuel Cell Store (an online retailer) earlier this year. He said ECOtality, based in Scottsdale, Ariz., will explore additional investments in companies involved in renewable energy (such as solar, water and wind where it plans a move next year) but it won’t be involved in biofuels research and development.

“Biofuels are carriers of energy versus creators of energy,” Read says.

One reason consumers haven’t invested in renewable energy in a bigger way is that currently electricity is created on a use it or lose it basis. So, you’ll see ECOtality continue to look for ways to tie the creation of power from natural sources with the ability to store it for later use. ECOtality’s initial product is called Hydrality, which it describes as a hydrogen on demand system for powering fuel cells. The project, which expects to produce prototypes next year, is a joint venture with Jet Propulsion Labs, NASA and Caltech.

ECOtality also runs a green tech information site called ECOtality Life, where you can read about developments in renewable energy from all natural sources.

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