Energy Storage

 
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Powin Corporation (OTCQB:PWON) today announced that its wholly-owned subsidiary, Powin Energy Corporation, has signed an agreement for an investment of $25,000,000 from SF Suntech, Inc., a Delaware corporation (“SF Suntech”), a wholly-owned subsidiary of Shunfeng Photovoltaic International Limited (“Shunfeng”), pursuant to a Share Subscription Agreement which also granted SF Suntech an option exercisable within two years to acquire another 30% of Powin Energy Corporation for $37,500,000. Pursuant to the terms of the Share Subscription Agreement, $5,200,000 of the $25,000,000 will be used by Powin Energy Corporation to pay off a loan owing to its parent corporation, Powin Corporation, and the balance will be used by Powin Energy Corporation for working capital and other purposes.
Sign-up for Powin Corporation Secures $25 Million Investment in Its Energy Storage Technology investment picks
Company Continues Build-out of Energy Storage System Products SAN FRANCISCO and SHENZHEN, China , July 16, 2014 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ) , a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced that the Company has received funding of RMB3,860,000 (approximately $622,580 ) from Shenzhen Strategic Emerging Industry Development Specialty Funds, set up by the Development and Reform Commission of Shenzhen Municipality, to further develop the Company's production line for its in-house developed solar celled and off-grid home-use energy storage systems products.
Sign-up for Highpower Receives Government Funding for Development of Residential Energy Storage Systems investment picks
LOS ANGELES and SAN JOSE, Calif.
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MISSISSAUGA, Ontario, July 25, 2014 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (Nasdaq:HYGS) (TSX:HYG) ("Hydrogenics" or "the Company"), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, today announced that it has been selected as a Preferred Respondent by the Independent Electricity System Operator (IESO) for Ontario in its procurement for Grid Energy Storage.
Sign-up for Hydrogenics Selected for 2 Megawatt Energy Storage Facility in Ontario investment picks
JIASHAN, China , July 23, 2014 /PRNewswire/ -- ReneSola Ltd ("ReneSola") ( www.renesola.com ) (NYSE: SOL) , a leading brand and technology provider of solar photovoltaic ("PV") products, today announced the delivery of 30 ReneSola Novaplus 2KW energy storage systems to a national distributor in Chelmsford for onward sale to Essex installation company Think Green Energy.
Sign-up for ReneSola Sells 40 Energy Storage Systems to Think Green Energy investment picks

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Energy Storage
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