Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Satcon to Deliver Prototype Next Generation Energy Storage Module to the US Navy

Abstract:
Strengthens Footprint in Alternative Energy Sector with Introduction of Advanced Microgrid Application

Satcon to Deliver Prototype Next Generation Energy Storage Module to the US Navy

Boston, MA | Posted on October 9th, 2008

Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has been awarded a contract worth approximately $6 million by the Office of Naval Research to design and test an advanced modular 500 kilowatt (kW) Energy Storage Module (ESM) for the DDG-51 Arleigh Burke class ships.

The 500kW ESM is a component in a 2.5 MW Ship-wide power generating system designed to enable fuel efficient, single generator operations, delivering annual fuel savings in excess of $1 million per ship. This contract is related to the congressionally mandated effort to develop fuel efficiency improvements for all U.S. military branches and runs through October 2010.

"We are honored to be recognized by the US Navy for our leading-edge technology and expertise in high-power and efficient electric power conversion systems, especially for this application where ruggedized power quality and system reliability are critical," said Dr. Leo Casey, Satcon's Vice President and Chief Technology Officer. "The advanced technologies developed as a result of this project are key enablers for Satcon's core business in the alternative energy sector, particularly for distributed microgrid applications."

The Applied Technology solution builds on Satcon's advanced bi-directional power conversion technologies; including DC/AC and DC/DC converters as well as other government-sponsored advanced technology for power electronics subsystems.

Satcon has partnered with Creative Energy Solutions of Wilmington DE, Inanovation of Plano TX, and NDI Engineering of Thorofare NJ for this project.

####

About Satcon Technology Corporation
Satcon Technology Corporation is a leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced reliable and proven clean energy alternatives. For over 22 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems.

About Creative Energy Solutions

CES was founded in 2005 to utilize alternative energy technologies to alleviate the national electrical grid congestion. CES has focused on systems solutions to create a distributed power generation infrastructure to avoid grid congestion while reducing costs for both consumer and producer. CES is well versed with military and commercial electrical power applications, enabling it to easily provide the bridge between those two markets.

About Inanovation

Inanovation’s NanoGreen® batteries are nanotechnology based lithium batteries that provide safe, reliable, long-life energy storage solutions for military, commercial, and industrial applications.

About NDI Engineering Company

NDI is a privately held consulting firm offering naval architecture, marine, civil, structural, mechanical, electrical engineering and design services for Government clients chartered with responsibility for maintenance of our infrastructure, the protection of our environment and the defense of our country.

The opinions, finding and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the US Navy or the Office of Naval Research.

Safe Harbor

Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.

For more information, please click here

Contacts:
Satcon Technology Corporation
Leah Gibson
617-897-2400
Investor Relations Manager

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

onic Present breakthrough in CMOS-based Transceivers for mm-Wave Radar Systems March 1st, 2015

Graphene Shows Promise In Eradication Of Stem Cancer Cells March 1st, 2015

Novel Method to Determine Optical Purity of Drug Components March 1st, 2015

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

Govt.-Legislation/Regulation/Funding/Policy

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Warming up the world of superconductors: Clusters of aluminum metal atoms become superconductive at surprisingly high temperatures February 25th, 2015

SUNY Poly CNSE Researchers and Corporate Partners to Present Forty Papers at Globally Recognized Lithography Conference: SUNY Poly CNSE Research Group Awarded Both ‘Best Research Paper’ and ‘Best Research Poster’ at SPIE Advanced Lithography 2015 forum February 25th, 2015

European roadmap for graphene science and technology published February 25th, 2015

Announcements

onic Present breakthrough in CMOS-based Transceivers for mm-Wave Radar Systems March 1st, 2015

Graphene Shows Promise In Eradication Of Stem Cancer Cells March 1st, 2015

Novel Method to Determine Optical Purity of Drug Components March 1st, 2015

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

Energy

In quest for better lithium-air batteries, chemists boost carbon's stability: Nanoparticle coatings improve stability, cyclability of '3DOm' carbon February 25th, 2015

New nanowire structure absorbs light efficiently: Dual-type nanowire arrays can be used in applications such as LEDs and solar cells February 25th, 2015

Learning by eye: Silicon micro-funnels increase the efficiency of solar cells February 25th, 2015

Magnetic nanoparticles enhance performance of solar cells X-ray study points the way to higher energy yields February 25th, 2015

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

In quest for better lithium-air batteries, chemists boost carbon's stability: Nanoparticle coatings improve stability, cyclability of '3DOm' carbon February 25th, 2015

Dendrite eraser: New electrolyte rids batteries of short-circuiting fibers: Solution enables a battery with both high efficiency & current density February 24th, 2015

New Paper-like Material Could Boost Electric Vehicle Batteries: Researchers create silicon nanofibers 100 times thinner than human hair for potential applications in batteries for electric cars and personal electronics February 20th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE