By [email protected] Making microgrids operate more efficiently can rightly be considered a clean technology innovation, even if the technology is largely being put to use in the oil industry. That’s what Houston-based FlexGen Power Systems is known for, and what the company recently raised a funding round to do.
FlexGen, a startup that makes power conversion devices and the software to stabilize islanded power grid generators, has raised $2.65 million of a $7 million funding round, according to an SEC filing.
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