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.

LATEST ARTICLES

If you sell solar installations to C&I customers 43 seconds could boost your revenue

That’s how long this takes to skim – and to see how you can help your customers benefit even more from their solar investment. Because when you choose a XOLTA intelligent solar battery . . . You help your customers leverage every possible benefit of solar – and avoid energy risks. The intelligent XOLTA BAT-79…

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

7 Questions Cost-Conscious Microgrid Developers Should Ask Before Choosing An Energy Storage System

Modularity and standardization are often cited as ways to drive down microgrid prices. But what else should you explore to ensure you get the most cost-efficient, high-performance microgrid energy storage system? Ask your potential supplier these questions before you buy. 1. How easy and expensive is it to scale storage capacity to cover our potential…