1. Electrovaya Receives $1.3 Million Grant For Multiple Energy Storage Systems In Canada

    Electrovaya Receives $1.3 Million Grant For Multiple Energy Storage Systems In Canada

    Canadian lithium-ion battery manufacturer Electrovaya announced that it received a $1.3-million grant from the Ontario Ministry of Energy’s Smart Grid Fund to deliver multiple Intelligent Energy Storage Systems (IESS). According to the short description, multiple IESS will be installed at various locations for Toronto Hydro and London Hydro for applications including phase balancing, infrastructure deferment, electric vehicle charging and general energy storage functions by mid-2015.

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