energy storage
Two British companies have received more than £8 million in government funding to develop liquid-air-based technology for energy storage. Viridor Waste Management Ltd. and Highview Power Storage won the funding through a UK Department of Energy and Climate Change competition to support energy storage technology research and development. The companies
energy storage
Imagine being far from the comforts of home — maybe hiking through a remote wilderness or patrolling a war zone — but still certain you can keep your cellphone charged … simply by walking. That could soon be possible, thanks to a new kind of power cell developed by researchers at the Georgia
energy storage
The name conjures up visions of a New Age musical group, but the project has a serious aim: to provide grid-connected solar power and energy storage that lets us use electricity generated by the sun … even after dark. Public Service Company of New Mexico — PNM, for short — has just brought
energy storage
Advanced battery maker Aquion Energy has closed on a $30-million round of venture financing as it prepares to launch its first products and begin global marketing. The financing round was led by Foundation Capital, with participation from Kleiner Perkins Caufield & Byers, Advanced Technology Ventures and TriplePoint Capital. Aquion had
energy storage
Flywheel-based energy storage company VYCON is coming out with a new system that combines flywheel technology with batteries for longer-lasting backup power capabilities. According to VYCON, the Hybrid VDC XEB flywheel system enables users who need more backup time to combine the reliability and green aspects of the flywheel system
energy storage
BrightSource Energy has launched a new solar thermal power plant offering for utilities that includes a molten-salt energy storage system. By enabling the storage of solar energy for later use, BrightSource says the SolarPLUS system makes it possible for utilities to tap sun power to produce electricity later in the
energy storage
A Minnesota wind farm aims to boost the reliability of its energy supply with the addition of a 1-megawatt advanced energy storage system. Juhl Wind plans to install the system from Zinc Air at its recently acquired Woodstock Hills wind farm located near the company’s headquarters in Woodstock, Minnesota.
energy storage
An energy company in China is installing a large battery system at its plant in Hangzhou to test how advanced energy storage can help deal with the challenges posed by the country’s rapid wind-energy growth. The 500-kilowatt system from A123 Systems is set to be installed at Dongfang Electric
energy storage
Advanced battery company Altair Nanotechnologies has closed on a $57.5 million investment from Canon Investment Holdings Limited. The investment was first announced in September of 2010. “While this transaction took considerably longer to close than expected, the Canon investment allows us to now focus on growing the business and
energy storage
SustainX, a company developing a new compressed-air energy storage (CAES) technology, is moving to a larger headquarters with the expectation of a fast-growing market for its offering. The firm plans to relocate on August 1 from its Lebanon, New Hampshire, facility to a larger, 42,000-square-foot building in Seabrook, New
energy storage
The Chinese government has given the go-ahead for Ener1 Inc. and Wanxiang Electric Vehicle Co. to launch a joint venture to co-manufacture lithium-ion energy storage systems for the China market. The new company — Zhejiang Wanxiang Ener1 Power System Co., Ltd. — will initially focus on fulfilling existing contracts with State Grid,
energy storage
With an eye focused on the fast-growing energy storage market, Dow Chemical and Japan’s Ube Industries are launching a joint venture to make and sell electrolytes for lithium-ion batteries. The 50-50 joint venture, Advanced Electrolyte Technologies LLC, is expected to be finalized later this year if it wins regulatory