ABB_id2059
in News Departments > Projects & Contracts
print the content item

Austin, Texas-based Valence Technology Inc., a manufacturer and supplier of lithium iron magnesium phosphate energy storage solutions, and S&C Electric Co., a Chicago-based developer of products and services for the stationary electric power industry, have signed a memorandum of understanding in which the two companies agree to work together to develop and evaluate products for stationary, grid-connected electrical energy storage systems.

"Renewable energy sources, like wind and solar, introduce ongoing and unpredictable power variations," says Jim Sember, vice president of S&C's power quality products division. "The incredibly fast response of advanced battery storage systems allow for compensation of these fluctuations at a level not possible with today's fossil generation plants."

SOURCES: Valence Technology Inc., S&C Electric Co.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015