VRB Power terminates most of staff, calls outlook grim
Tuesday, November 18th, 2008VRB Power’s vanadium flow-battery technology might have held potential as a utility-scale energy storage system, but in the end the Vancouver-based company has failed to execute and is on the road to insolvency. The company released a press release this afternoon announcing that it has been unsuccessful in seeking a merger, sale or some kind of financing that can keep the company afloat. (more…)

Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.