Saft and ABB have developed the world’s first high voltage Li-ion (lithium-ion) battery system designed to improve the stability of power distribution grids. The new system combines dynamic energy storage provided by Saft’s 5.2 kV battery, which will help respond to disruptions in the grid, with ABB’s SVC (Static Var Compensation) Light technology for dynamic voltage control. Potential applications include industries with high short... Read more..
AFS Trinity Power Corporation today reported independent test results demonstrating that the company’s “Extreme Hybrid” technology that utilizes batteries in combination with ultracapacitors will enable a plug in hybrid vehicle using the system to have a useful life that is 6 times greater than plug ins that use lithium batteries alone — 150,000 miles for an AFS Trinity Extreme Hybrid versus 25,000 miles for a conventional... Read more..
Germany is the largest photovoltaics market in the world. Double-digit growth rates are expected to continue in the coming years. Market potential for German and Japanese companies in the photovoltaics and energy storage industries will be the focus of the Japan-Germany Industry Forum, which will take place from October 22-24 in Tokyo and Osaka. The forum is being held with the motto “Powering the Future with Clean Energy.” The focus will... Read more..
VYCON Inc., the designer and manufacturer of high-speed flywheel based, environmentally friendly energy storage systems, today announced that International Container Terminal Services, Inc. (ICTSI) has ordered twelve new Rubber Tired Gantry (RTG) cranes from Noell China with VYCON’s fuel and emission saving REGEN energy storage systems for their operations in Manila. ICTSI is one of the top five major maritime terminal operators in the world. The... Read more..
ZBB Energy Corporation announced that the co-operative joint venture agreement between China Century Capital Limited (formerly China Century Group Limited) (CCC) and ZBB was terminated by mutual agreement on October 2, 2008. The effect of this termination is to cancel the exclusive manufacturing, marketing and distribution rights granted by ZBB to the joint venture company, ZBB China Pty Ltd, in which ZBB held a 49% interest and CCC held a 51% interest.... Read more..
Altair Nanotechnologies Inc., a leading provider of advanced materials and products for power and energy systems, announced the unveiling of its new corporate brand identity. Supporting the company’s new focus on energy storage in the transportation, stationary power and military markets, the brand identity includes a new logo, tagline, website and targeted advertising campaign. “Altairnano closely analyzes key drivers in the marketplace,... Read more..
Satcon Technology Corporation, a leading provider of utility scale renewable energy solutions for distributed power markets, announced today the sale of its Electronics and Motors divisions for cash proceeds of $5.6 million as part of its overall strategic restructuring plan. The divestiture of these non-strategic businesses will enable Satcon to focus its financial, technical, and marketing resources on the continued growth of their core industry... Read more..
ZBB Energy Corporation (ZBB), a Milwaukee-based company that specializes in clean energy storage systems, has announced that it will co-share with Eaton Corporation (Eaton) a $229,000 grant from the State of Wisconsin to develop a power conversion and energy storage system that manages energy from renewable energy sources. The grant is part of $7.3 million in Clean Energy Funding announced by Gov. Jim Doyle. Doyle said the fund is for companies “that... Read more..
Beacon Power Corporation, a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that the New England Power Pool (NEPOOL), the group of electric utilities, generators, and service providers within the ISO New England region, has voted unanimously in favor of a pilot program for alternative technologies, including energy storage, to provide regulation service.... Read more..