UEP emerges not quite from stealth, but still has to create factory

Rethink Energy was curious as to why we had not heard of Urban Electric Power (UEP) when we wrote up last week that it had secured a Memorandum of Understanding to supply Pine Gate Renewables with 4.5 GWh of rechargeable zinc alkaline batteries over the next five years. We asked Ann Marie Augustus VP of operations if she had been operating in Stealth mode and she more or less agreed. “We’ve had no public relations functions until now, and are built around some research out of the CUNY Energy Institute (CUNY stand for City University of New York) which took place back in 2008.” “We were still working at the University in Manhattan until 2014 and it all came into…