Vegawatt plugs in grease-fired restaurant generator
In a sign that waste may be a favored energy source this year, a small company on Monday said it has successfully plugged a vegetable oil generator into the electricity grid at a Boston-area restaurant.
The Vegawatt system, developed by Owl Power Systems, burns used-up vegetable oil from restaurant fryers to make electricity.
The company, which has been self-funded until now, expects to close a series A venture funding round later this week, according to Owl Power Systems CEO James Peret.
A 6-kilowatt machine has been online for about a month at Finz Seafood & Grill in Dedham, Mass. It'… Read more