Beacon Power Corp. (Tyngsboro, Mass.) on April 28 announced that it has received approval from the U.S. Department of Energy (DOE) under the terms of its Smart Grid Stimulus Grant program to proceed to the second of three phases of funding for construction of the company’s next 20-MW flywheel energy storage plant, to be located Continue reading →
flywheel
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 Continue reading →
Beacon Power Corporation has shipped, installed and connected a Smart Energy™ 25 (Gen 4) flywheel energy storage system at a wind farm in Tehachapi, California. The system is part of a wind power/flywheel demonstration project being carried out for the California Energy Commission. The primary goal of the project is to demonstrate that advanced control Continue reading →
Beacon Power Corporation (Nasdaq: BCON), a leading provider of advanced products and services to support a more stable, reliable and efficient electricity grid, today announced that it plans to hire approximately 50 new employees this year at its Tyngsboro, Massachusetts, headquarters, as it ramps up production of its grid-scale flywheel energy storage systems. via Beacon Continue reading →
Beacon Power Corporation (Nasdaq: BCON – News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, said today that the U.S. Department of Energy (DOE) has announced that it has awarded a stimulus grant to Beacon valued at $24 million, for use in the Continue reading →
Beacon Power Corp. in the USA recently completed connection of a second megawatt of flywheel energy storage to the New England power grid. The new system provides frequency regulation services. Operators of power grids need to maintain electric frequency very close to 60 hertz (Hz), or cycles per second (50 Hz in Europe and elsewhere). Continue reading →
Beacon Power Corporation (Nasdaq: BCON), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that it has completed the connection of a second megawatt (MW) of flywheel energy storage to the New England power grid. This new system, which is already producing revenue Continue reading →
Beacon Power Corp. said today it expects to receive a $43 million loan guarantee through the U.S. Department of Energy to build a 20-megawatt flywheel plant in Stephentown, Rensselaer County, N.Y. The loan would finance 62 percent of Tyngsboro, Mass.-based Beacon’s (Nasdaq: BCON) plant. The facility would store energy for future use. Some conditions of Continue reading →
