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Energy Storage

Lockheed Martin Buys Energy Storage Firm

Linda Hardesty

Lockheed Martin has completed the acquisition of substantially all of the assets of Sun Catalytix of Cambridge, Mass. Lockheed Martin says the purchase complements its existing capabilities in the area of energy management and efficiency. The purchase includes certain intellectual property, contracts, facilities and the transfer of the company’s approximately 25 employees to Lockheed Martin.   …Continue Reading

Flywheel Stores Energy from Wind

Linda Hardesty

Beacon Power and TDX Power are partnering on a flywheel energy storage demonstration project located in the middle of the Bering Sea off the coast of Alaska. TDX’s existing hybrid microgrid on St. Paul Island is comprised of a 225 kW Vestas V27 wind turbine and two 150 kW Volvo diesel generators, along with smart   …Continue Reading

Federal Research Spurs Washington State to Store Energy

Karen Henry

Washington state Gov. Jay Inslee and the state Department of Commerce announced that three Washington state utilities have been awarded $14.3 million in matching grants from the state’s Clean Energy Fund to lead energy storage projects with ties to federally funded research at the US Department of Energy’s (DOE) Pacific Northwest National Laboratory (PNNL). Two   …Continue Reading

Andalay Solar Partners with Highpower

Karen Henry

Andalay Solar is collaborating with Highpower International, a developer and manufacturer of lithium and nickel-metal hydride rechargeable batteries, to launch a pilot project that will provide technologically advanced energy storage systems for Andalay Solar customers and enhance system performance while keeping the cost affordable and viable. The energy system is designed to help customers avoid   …Continue Reading

BMW, Green Charge Networks Among Energy Storage Innovation Finalists

Kirsten Korosec

EaglePicher, Green Charge Networks and University of California San Diego with BMW are among nine finalists with the most innovative energy storage projects in North America. Energy Storage North America selected nine projects across three categories—utility-scale, customer-sited and mobility. The customer-sited category includes a distributed energy storage project developed by Green Charge Networks and Samsung. The so-called GreenStations   …Continue Reading

Vermont Microgird Combines Solar, Storage

Linda Hardesty

A solar + storage microgrid project in Rutland, Vt. – the Stafford Hills project – is being developed by Green Mountain Power, in collaboration with Dynapower and GroSolar. The energy storage component of the project is co-funded by a federal-state-NGO partnership involving the State of Vermont; the US Department of Energy, Office of Electricity; and   …Continue Reading

Chinese Firm Invests $25M in Energy Storage Company

Linda Hardesty

SF Suntech, a solar product manufacturer and wholly-owned subsidiary of Shunfeng Photovoltaic International (Shunfeng) is investing $25 million in Powin Energy pursuant to a Share Subscription Agreement, which also granted SF Suntech an option exercisable within two years to acquire another 30 percent of Powin Energy for $37.5 million. Powin Energy, a company incorporated in   …Continue Reading

Ice-Based Energy Storage Saves Florida School District $5M per Year

Karen Henry

The St. Lucie School District’s (SLCSD) in Florida is using ice-enhanced cooling as part of its energy cost reduction strategy. Over the past seven years, the district has installed CALMAC’s IceBank energy storage tanks in 15 schools. The school district’s energy management program has created a 30-40 percent reduction in annual energy costs, totaling about $5 million.   …Continue Reading

Doosan Fuel Cell Focuses on Stationary Segment

Linda Hardesty

Following its acquisition of bankrupt ClearEdge Power and its merger with Fuel Cell Power, Doosan Corporation, a $21-billion Korea-based company, has formed Doosan Fuel Cell America. Doosan says it will focus on the $1.7-billion stationary fuel cell market that provides energy for residential and commercial building applications and is growing at a rate of thirty   …Continue Reading

Ice Water in Basement Cools Goldman Sachs Building

Linda Hardesty

Goldman Sachs Group cools its Manhattan headquarters via thermal storage, consisting of 92 11-ton tanks of icy water in the basement, reports Bloomberg. During summer nights, anti-freeze runs through pipes connected to the storage tanks to freeze the water. The next day, the ice is used in the building’s air-conditioning system when electricity is expensive.   …Continue Reading

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