In an interesting twist involving how the $4 billion in smart grid stimulus funds are being allocated, Secretary of Energy Steven Chu this morning announced that energy storage technology received 16 grants for a total of $185 million from the U.S. federal government. While the list of awards included funding for some well known energy storage projects for big name utilities — PG&E and Southern California Edison — the grant-winners also included a variety unknown and new startups developing cutting edge energy storage tech.
via 5 Energy Storage Players That Won Smart Grid Stimulus Funds.
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