28 Oct '14, 1pm

From Ashes to Energy: $1 Billion Alevo Battery Factory Surges On the Scene

According to the company Alevo has demonstrated in testing that its batteries can be charged up to 40,000 times with no signs of increase in internal resistance. This testing included over-charging followed by deep discharging. The technology will be manufactured into what the company calls a “GridBank,” which is a large container-sized 2-MW utility scale battery that in conjunction with the company’s battery management system, which it calls Alevo Analytics, will work to make the grid more efficient and smooth out fluctuations in energy caused by intermittent renewables like wind power and solar PV. “What this means in practice is lower costs to the utilities, smaller bills for the consumer and a reduction in greenhouse gases per megawatt that will help cost-effective coal-fired generation achieve the EPA Clean Power limits,” said Eikeland in a statement. GridBanks will b...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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