Principal Solar Inc., an investor in organizations and technologies that support next-generation opportunities in traditional, renewable and clean energy sectors, has executed a definitive research and development agreement with Triad Pro Innovators Inc. The agreement establishes a relationship for cooperative research and development between Principal and Triad Pro for the purpose of creating new power storage solutions for the electric vehicle (EV) industry.
“We believe Triad’s eCell technology offers tremendous potential as a power storage solution for heavy electric vehicles,” says K. Bryce “Rick” Toussaint, CPA, MBA, Principal’s chairman and CEO. “Principal’s agreement with Triad is another example of our commitment to identifying and investing in near-term, real-world electric vehicle…