10 Companies to Watch for out of ARPA-E

Gigaom reports on the annual summit for the Department of Energy’s ARPA-E program, where startups, investors and students have gathered to hold discussions about the future of clean power, listen to well-known lawmakers and green celebrities give speeches, and meet potential investors.

The report is quoted as saying:

From batteries to grid storage to biofuels to solar and wind technology, the ARPA-E program, which was modeled after the famous DARPA program that led to the Internet, has invested some $400 million in 121 projects. While Obama has called for another $550 million for APRA-E out of his 2012 fiscal year budget, who knows if the program will get that funding after the budget standoff resides (expect to hear a lot of lamenting over budget woes from the ARPA-E speakers on Tuesday).

To read the full account, click here.