Titan's "ionView" technology is used to improve the performance and extending the life-cycle of existing lithium-ion (Li-ion) batteries, including grid energy storage systems.
Schneider Electric Ventures, Energy Innovation Capital, and the Massachusetts Clean Energy Center (MassCEC) participated in the transaction.
(Source: Titan Advanced Energy Solutions Inc., Oct., 2019) Contact: Titan Advanced Energy Solutions Inc., 561.206.2324, firstname.lastname@example.org, www.titanaes.com
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Hihview's technology stores air as a liquid then converts it back to gas. The expansion process releases stored energy, which is used to drive a turbine to generate electricity. The LAES plant at Bury also converts waste heat to power using heat from the on-site landfill gas engines.
According to Highview, LAES could ultimately scale to hundreds of megawatts, potentially storing enough energy to power entire towns. The company is in discussions with several utility firms to build 150MWh units.
The Bury development was partially tax-payer funded with an £8 million government grant. Now Highview plans to export the technology, it said.
(Source: Highview Power, energyst., Others, 5 June, 2018) Contact: Highview Power CEO Gareth Brett, +44 (0) 207 484 5600 www.highviewpower.com
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