10 Green Startups to Watch

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AltaRock Energy

Sausalito, California-based AltaRock Energy has capitalized on the alternative energy craze with a bid to make Enhanced Geothermal Systems (EGS) a viable alternative to fossil fuel-based power. Eventually, AltaRock claims that it could supply 20% of all U.S. energy. But Altarock, which began a demonstration project in 2008 at The Geysers, an area located 70 miles north of San Francisco, has had its share of setbacks. The project was temporarily halted in September due to safety concerns. Once the demonstration project is back on track, expect AltaRock to expand quickly, as the company has over $26 million in backing from Google.org, Vulcan Capital, Kleiner Perkins Caufield & Byers, and Advanced Technology Ventures. Last month, AltaRock also received $25 million from the U.S. Department of Energy--the single largest grant to a geothermal company from the government.
AltaRock Energy