Support For Energy Storage Projects Expands Rapidly

Last week, Texas-based startup Xtreme Power pulled in some $5.7 million from investors, surpassing the halfway mark of its $10 million target.

Xtreme also announced a new project with Samsung SDI, with plans to build a new 1-megawatt battery storage system in Lubbock, Texas Reese Technology Center.

This time however, Xtreme will not be supplying its solid-state battery technology. Instead, it’s integrating its software and control platform, Xtreme Active Control Technology (XACT), with Samsung’s lithium manganese oxide battery.

Source and Read More

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

capital raising, lithium manganese oxide battery, XACT

Dufresne (doo - frayn) Research specialises in creating high quality market driven conferences and training. The company focuses on stationary Energy Storage across all applications from Residential, Self - Consumption and Microgrid through to large scale stationary storage. We are Europe's first conference dedicated solely to energy storage since 2010. All of our Forum's culminate with the unique Building the Action Plan feature. Join us for this session and take back an action list to the workplace.

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