cleantech insights

Storage: Week in Review

Alon Gavrielov

A few interesting energy storage projects in the news: Beacon Power has received a grant from the state of Pennsylvania for a flywheel projects while ZBB has signed a contract to supply their storage system to the US Navy.  More below:

M&A/ Partnerships/Investments:

China International Trust and Investment Corporation (CITIC) has signed an agreement with the Bolivia government to explore lithium reserves in the country.

Nexeon secured Series C fundraising to scale up production of its silicon-anode technology for lithium-ion batteries.



Altair Nanotechnologies Inc. (Altairnano) has signed a contract with the Hawai’i Natural Energy Institute to supply an energy storage system for a test of solar energy integration

ZBB received a US Navy contract to supply a 500 KW zinc-bromide energy storage system to naval facility in California.

Beacon Power awarded $5 million grant by state of Pennsylvania for construction of a 20MW flywheel storage facility.

Green housing pilot project in Singapore to utilize Panasonic lithium-ion batteries for storage.

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