Tuesday, November 18, 2008

Gridpoint lands another smart grid deal

GridPoint could be one of the major players in the alternative energy space thanks to its smart grid technology. If you believe in the electrification of the automobile, perhaps GridPoint is a good green investment for you.Will manage wind power battery storage

According to GreenTech Media GridPoint will use it's smart grid technology to help a Minnesota wind farm manage it's power storage. Gridpoint "will control the flow of power between an 11-megawatt wind farm in Luverne, Minn. and NGK Insulators' 1-megawatt, sodium-sulfur battery that is capable of holding 7.2 megawatt-hours of energy, the companies announced. The battery storage project is expected to be complete in January 2009."

The alternative energy future, including the electrification of the automobile, is very dependent upon a new smart electrical grid, and GridPoint appears to look more and more like a major player in that new smart grid.

Labels: ,

0 Comments:

Post a Comment

<< Home