Beacon Power Corporation (Nasdaq: BCON) has been selected by the U.S. Department of Energy to negotiate a $2.25 million award in support of developing a next-generation flywheel energy storage system. The goal would be to store four times the energy at one-eighth the cost, versus Beacon's current Smart Energy 25 (Gen 4) flywheel system.
via Beacon Power Receives $2.25M From U.S. Department of Energy | Benzinga.com.
Related posts:
- Beacon Power Connects Second Megawatt of Regulation Service
- U.S. Department of Energy Announces $24 Million Smart Grid Stimulus Grant Award to Beacon Power – Yahoo! Finance
- U.S. Department of Energy Announces $24 Million Smart Grid Stimulus Grant Award to Beacon Power
- Beacon Power Accelerating Production Plans to Build Nation’s First Full-Scale Flywheel Energy Storage Plant | Benzinga.com
- Beacon Power connects Smart Energy flywheel energy storage system at a wind farm in California – Environmental technologies news magazine
