Renewable Energy Storage Company Enstorage Signs R&D Deals
Israeli start-up EnStorage has signed an R&D agreement with international energy management company Schneider Electric and French energy corporation Areva to develop a renewable energy storage system. The cooperation agreement is for the development of a renewable energy storage system with sales potential in 135 countries around the world. The system that is to be developed will allow energy manufacturers, wind farms, and renewable energy manufacturers and operators to store from 150 kilowatts up to many megawatts of energy for six hours or more.