QUOTE AND NEWS
Forbes  Jun 18  Comment 
Beacon Power, the flywheel energy storage company that won a loan from a controversial federal program and survived bankruptcy, will kickstart the construction of a project in Pennsylvania this Friday.
Green Stocks Central  Nov 1  Comment 
Several weeks ago, Solyndra became the biggest blight of Obama’s green energy initiative not long after questions were raised about the cash dumped into Evergreen Solar which too ultimately failed, but it doesn’t and won’t end at solar.  On...
Energy and Capital  Oct 31  Comment 
Beacon Power, an energy storage company, filed for bankruptcy this weekend after failing to obtain the funds to repay a loan.
Benzinga  Oct 31  Comment 
According to the Boston Business Journal, Beacon Power (NASDAQ: BCON) may be about to go the same way as Solyndra despite receiving government funding. This represents another government-backed alternative energy company seeking Chapter 11...
BusinessWeek  Oct 31  Comment 
Beacon Power Corp., an energy- storage company that received $43 million in backing from the U.S. program that supported failed solar-panel maker Solyndra LLC, filed for bankruptcy after struggling to raise private financing.
Reuters  Oct 30  Comment 
Beacon Power Corp filed for bankruptcy on Sunday just a year after the energy storage company received a $43 million loan guarantee from a controversial U.S. Department of Energy program. Presented By: Grainger has power transmission...
Globe Newswire  Oct 6  Comment 
TYNGSBORO, Mass., Oct. 6, 2011 (GLOBE NEWSWIRE) -- Beacon Power Corporation (Nasdaq:BCON), a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that it
Globe Newswire  Sep 29  Comment 
TYNGSBORO, Mass., Sept. 29, 2011 (GLOBE NEWSWIRE) -- Beacon Power Corporation (Nasdaq:BCON), a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, and NorthWestern





 
TOP CONTRIBUTORS
Beacon Power (NASDAQ: BCON) is a development stage firm producing commercial-grade flywheels targeted at the utility market to provide frequency regulation services.

Latest News

Beacon Power's flywheel energy matrix is currently in development and it does not expect to recognize commercial revenues from flywheel sales until late 2008/2009 [1]. It has successfully gained ISO certification, which is a precursor to selling the device to utilities, in California and New York.

The passing of Massachusetts' energy bill which recognizes flywheels as a commercially acceptable option for providing frequency regulation. It allows for 13 megawatts of alternative frequency regulation technologies to be connected to the grid[2]. This is a significant development for Beacon Power as it readies the production of its first commercially viable flywheel.

The firm is in the process of constructing their 4th generation flywheel, called their Smart Energy Matrix. The Smart Energy Matrix is a multi-flywheel system capable of providing up to 25kWH of frequency regulation[3].

Flywheel

Flywheel Energy Storage (FES) works by accelerating a rotor (flywheel) to a very high speed and maintaining the energy in the system as rotational energy. The energy is converted back by slowing down the flywheel.


References

  1. Reuters Press Release from Beacon's 1Q 08 10Q
  2. Energy Storage Pilot Program Approved in ISO New England
  3. Beacon Power's Smart Energy Matrix
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki