Tesla plans to acquire ultracapacitor company Maxwell Technologies in a deal announced Monday by the two companies. The San Diego, California manufacturer would become a wholly owned subsidiary of Tesla in the all-stock acquisition. The offer values Maxwell common stock at $4.75/share, a 54.7% premium to its closing price Friday of … [Read more...]
Search Results for: ultracapacitor
Smoothing The Sun: Ultracapacitors On UC San Diego’s Microgrid
Maxwell Technologies' Jessica Baris explores the ins and outs of the innovative ultracapacitors on UC San Diego’s microgrid and how the energy storage system works. For a smattering of days this year, Mike Wilk’s office space was a grove of eucalyptus trees on UC San Diego’s coastal campus. Wilk, a senior systems engineer at Maxwell … [Read more...]
Quick Surge of Power, Fast Market Growth in Ultracapacitors
The ultracapacitor market is growing 30 to 40 percent annually, says Mark McGough, CEO of Loxus, a manufacturer of ultracapacitors. The "ultracaps" provide quick surges of power and don't need to be replaced as often as batteries. They're found in windmills, solar systems and conventional cars to boost efficiency – to name just a few applications. … [Read more...]
Military Finds Integrating Storage into Microgrids Improves Performance, Lowers Costs
Integrating energy storage into microgrids can improve reliability and reduce costs on military bases that can take advantage of wholesale power markets and tax incentives, according to a report written for the US Department of Defense. The study — Design, Modeling, and Control of Hybrid Energy Storage System for Defense Installation Microgrids … [Read more...]
News from Russelectric, Ice Energy, GreatWall Power and Maxwell Technologies
Russelectric releases new distributed energy controller Russelectric has released a new distributed energy controller, designed for complex, mission critical systems, ranging from back-up generation and demand management to fully functional microgrids. Called the Russelectric Distributed Energy Controller (RDEC), it incorporates the … [Read more...]
Energy Storage is an Enabler for Microgrids
ABB's Bob Fesmire explains how energy storage is becoming more refined, and acting as an enabler for microgrids. Most of the time when people talk about microgrids, they talk about reliability (e.g., for a hospital or other critical load) and renewables. When people talk about renewables, they often talk about storage (e.g., to maximize the … [Read more...]