The company esVolta secured $110 million USD in financing in partnership with Greenprint Capital Management to develop the Hummingbird project, a 300 MWh energy storage system designed to strengthen California’s power grid. [pdf]
The single large-capacity solid-state battery 1GWh energy storage power station is charged and discharged once a day, storing 365 million kilowatt-hours of electricity a year, equivalent to reducing 360,000 tons of carbon dioxide. [pdf]
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