It would be too early to call it the next big thing yet but if the top Venture Capitalist, John Doer (the man whose money is behind names like Google, Netscape, Amazon, etc.) is to be believed, the Bloom Box will change the way we light up our houses and industries in the near future.
A bloombox is essentially a fuel cell which can be powered by a variety of fuels ranging from Bio fuel to natural gas. What makes it phenomenal is its efficiency in terms of the power output. A small BloomBox can typically power 4 Indian homes or their equivalent a house hold in the United States.
The man behind it, Mr. Sridhar, is actually a rocket scientist who has worked on a similar project for NASA in the past which was aimed at generating Oxygen in Mars. When that project was scrapped by NASA, Sridhar modified (reversed) the mechanism which now is utilized in these BloomBoxes.
John Doer has invested a whooping 400 million dollars into this secretive startup which already has Google, FedEx and EBay as its clients as of now. Installation cost of the Bloombox is a major concern for most but it levels out for these giant companies once the operating cost (which is amazingly cheap) and the tax benefits for using a green technology are considered.
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When would this technology be installed in our households is still a million dollar question but things are certainly looking bright (and Green) at the moment with the claims that it would be a perfect replacement for the power grids that are used world-wide right now. Bloom boxes would officially be announced on Wednesday but most details are already out. It would be interesting to see the reaction of the governments, the world over, on Bloom box, the invention by this Indian genius, Sridhar.