Are you broke? Good with electronics? Build a better AC/DC box, get back in black with $1m

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There’s a million dollars in prizes up for grabs from Google and the Institute of Electrical and Electronics Engineers (IEEE) for the clever clogs who can build a direct current (DC) to alternating current (AC) converter that’s the size of a laptop.

The Little Box Challenge aims to solve one of the dilemmas in modern-day power supply – that many sources, such as solar panels, output DC, as do batteries, but that most appliances in homes and businesses expect AC*.

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Story added 24. July 2014, content source with full text you can find at link above.