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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.
http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=133596&sn=Detail&pid=102055

Nexeon secured Series C fundraising to scale up production of its silicon-anode technology for lithium-ion batteries.
http://www.forbes.com/sites/williampentland/2011/08/03/silicon-anode-start-up-nexeon-secures-66m-scaling-up-production/

 

Projects/Other:

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
http://www.marketwatch.com/story/altairnano-selected-by-hawaii-natural-energy-institute-for-solar-energy-integration-demonstration-project-2011-08-16?reflink=MW_news_stmp

ZBB received a US Navy contract to supply a 500 KW zinc-bromide energy storage system to naval facility in California.
http://www.bizjournals.com/milwaukee/news/2011/08/12/zbb-lands-us-navy-energy-storage.html

Beacon Power awarded $5 million grant by state of Pennsylvania for construction of a 20MW flywheel storage facility.
http://cleantechnica.com/2011/08/11/pennsylvania-beacon-power-flywheel-energy-storage/

Green housing pilot project in Singapore to utilize Panasonic lithium-ion batteries for storage.
http://www.greenbiz.com/news/2011/08/11/panasonic-run-asias-first-green-home-energy-project

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