SiNode Systems Wins 2013 Clean Energy Challenge

Joanna Schroeder

SiNode Systems has won the top prize in the 2013 U.S Department of Energy National Clean Energy Business Plan Competition. The company was also a finalist in Clean Energy Trust’s 2012 Clean Energy Challenge and earned a sport at the national competition after SiNode Systemswinning the 2013 Rice Business Plan Competition.

SiNode’s game-changing battery technology will change the way we use cell phones, computers and even electric cars,” said Amy Francetic, CEO of Clean Energy Trust. “We are enormously gratified that we could help advance such a dynamic and creative company since its initial formation through the 2012 Challenge.”

SiNode, a cleantech startup from Northwestern University, is commercializing an anode for lithium-ion batteries that allows the battery to charge more quickly and hold a charge 10 times longer than current technology.  SiNode’s anode could greatly enhance battery life for electric vehicles and smartphones. The startup won first prize and more than $800,000 at the 2013 Rice Business Plan Competition.

“These wins validate the Midwest’s clean energy ecosystem and demonstrate its ability to launch viable businesses with homegrown technology from our world-class research institutions,” Francetic said. “We are thrilled to have a Clean Energy Trust company win the national title two years in a row.”

Clean Energy, Electric Vehicles