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5 Energy Storage Players That Won Smart Grid Stimulus Funds

 

Tuesday, November 24, 2009

Primus has been awarded a $14 million grant to deploy a 25 MW to 75 MW “EnergyFarm” for the Modesto Irrigation District that will replace a $78 million, 50 MW fossil fuel plant. The flow battery farm will be able to provide storage technology to make up for the variable nature of wind power in the area.

 

Primus Power Corporation: Details about Primus Power are scarce, but there is a bit of info out on the Interwebs about the Alameda, Calif-based company. According to this BusinessWeek database, the energy storage company was incorporated this year, and is led by CEO Rick Winter. According to this Indeed job posting, Primus is “is developing a low cost, megaWatt-scale flow battery system that will increase the stability and security of the electric grid, and accelerate adoption of renewable wind and solar energy.​” Primus is backed by Canadian VCs Chrysalix, and Chrysalix says on its site it backed Primus because of its “outstanding low cost.”

 

Earth2Tech By Katie Fehrenbacher

 

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