Defense and aerospace giant Lockheed Martin wants to be the first disruptive company of the flow battery era, with the expectation that its first devices will go into series production before the end of this year.
A battery energy storage system (BESS) has been selected as a proven and resilient solution to help power a mainland US military facility, saving money on electricity costs and being delivered on a commercial basis.
A community microgrid in Chicago will be supplied with lithium-ion battery storage from aerospace and defence giant Lockheed Martin, allowing it to be ‘islanded’ from the local grid network.
News in brief from around the world of energy storage.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
Flow batteries will take another major step towards widespread bankability with Lockheed Martin Energy launching its own system before the end of the year.
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Lockheed Martin has told Energy-Storage.News that while the company wants its energy storage systems to support the adoption of renewable energy, its recently launched lithium-ion devices will focus on “commercial applications”.
Aerospace giant Lockheed Martin has acquired energy storage company Sun Catalyx, which was founded by a Massachusetts Institute of Technology (MIT) professor and has recently been developing flow batteries for grid storage.