X Prize announces green-idea : Ultra Capacitor

"Capacitors recharge in seconds, survive thousands of recharge cycles, and provide high-efficiency electricity by using environmentally benign materials. But here's the challenge: capacitors are far more expensive (and) provide far less energy than common batteries," Le said in his team's contest pitch video on YouTube (below). "We invite the next generation of inventors and engineers to construct an energy storage device far more advanced, far more environmentally friendly, far more affordable than we have yet to see in our lifetime." [Read more...]