California-based commercial and industrial energy storage provider Stem has secured up to $100m working capital to finance its 'no upfront cost' installations.
The $100m funding is being provided through affiliates of B Asset Manager, an investment adviser based in New York City.
US-based Navitas Systems has launched a transportable remote power system with integrated energy storage and power inverter electronics.
According to Navitas Systems, the so-called Frontierion system can be connected to a flexible or rigid solar panel, enabling DC power from the solar panels or the integrated energy storage (lead acid or lithium-ion batteries) to be converted to stable and secure 115/220V AC, 12V DC, and 24V DC power output.
The system is aimed to incorporate multiple layers of protection to include short circuit protection, over-current protection, and externally resettable protection without the need of opening the box.
The Frontierion system is designed to allow users to rapidly deploy and re-deploy mobile power systems that require no fuel for continuous and secure power. The remote power system can come with different sized energy storage modules, ranging from 1.2kWh to 10kWh of total capacity.
“The applications for this new product are numerous, and range from an insurance company's 'Go-Team' responding to a tornado and processing on-site claims while plugged into Frontierion, to a Border agent powering his equipment while the vehicle's engine is off, to a remote construction site needing power for computing and communications,” said Navitas Systems CEO Mil Ovan.
Navitas Systems recently launched a lithium battery family, designed to replace currently used lead-acid batteries in commercial, industrial and military applications.
The Association of European Automotive and Industrial Battery Manufacturers (EUROBAT) fears the European Commission will not extend the exemption for lead batteries from the End of Life Vehicles (ELV) Directive by another five years.
The Directive aims to ban lead in new cars. According to EUROBAT president Johannes Dempwolff, the extension period for the exemption for lead batteries will probably be less than five years.
Australia’s flow battery maker RedFlow has signed a non-exclusive supply agreement with Austrian-based energy storage developer BlueSky Energy.
The agreement also gives RedFlow a presence in Europe with provided office space from BlueSky Energy in Austria.
Leclanché is to supply 500kWh of lithium titanate (LTO) batteries to store electricity at a 2MW solar PV park in Switzerland from next year.
The Swiss firm's batteries form part of a 2m Swiss franc ($2.2m) research project led by the Ecole Polytechnique Federale de Lausanne (EPFL) to study storing solar energy and subsequently be able to distribute it in an optimal way at times of peak consumption during the day, often called ‘time-shifting’.
US sodium-ion battery developer Aquion Energy has elected energy industry expert Tom McDaniel to its board of directors.
McDaniel currently works as director and chairman of the board at smart grid and energy management company Tendril Networks and as director of solar energy firm SunPower. He also works for SemGroup, On Ramp Wireless and Cypress Envirosystems.
US-based energy storage company Navitas Systems has appointed Mil Ovan as the company’s new president.
Ovan was previously Navitas Systems' chief marketing officer. Before joining three years ago, he was a principal of Nova Associates and senior vice president, as well as co-founder of battery developer Firefly Energy. In his new role as president of Navitas Systems, he will be responsible for overseeing all functional areas of the company.
Californian energy storage company Primus Power has appointed Richard J. Brody as vice president of business development and sales.
Before joining Primus Power, Brody led product, market and partnership initiatives for SustainX, a developer of isothermal compressed air energy storage systems. Previous to his position at SustainX, he worked for PowerGenix and served as Russia Foreign Policy advisor to Vice President Al Gore in the White House focusing on international technology policy.
Valence Technology’s lithium magnesium phosphate batteries have been chosen by Segway for use in its latest device.
The SE-3 Patroller is a three-wheel device designed for police and security markets. The SE-3 Patroller is powered by multiple Valence rechargeable lithium-ion batteries that can be charged at any standard electrical outlet.
Energy storage company ViZn Energy has won the Frost & Sullivan Entrepreneurial Company of the Year Award in the Energy Storage Industry category for 2014.
According to the Frost & Sullivan team, US-based ViZn Energy has been selected, because the company showed “customer value excellence” and “entrepreneurial spirit”.
ViZn Energy developed a zinc-iron redox flow battery for energy storage systems. ViZn Energy’s battery packs are mainly attached to microgrids and are designed to last two to four hours.
“The growing concern over environmentally friendly solutions has contributed significantly to the increasing demand for green technologies, fueling the need for renewable energy,” said Vishal Sapru, research manager at consulting firm Frost & Sullivan.
ViZn Energy recently won the Intersolar Europe’s 2014 Electrical Energy Storage Award.
The research for its flow battery was funded by the US Department of Energy. The company has plans to expand its manufacturing capacity at its facility in Montana, US and aims to produce in Europe and is seeking for investors.
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