Date: 11/25/2009
Company: SustainX
Source: Forbes
WEST LEBANON, N.H., Nov. 25/PRNewswire/ – SustainX, Inc., a startup developing a new technology for utility-scale energy storage, has received a $5.39 million award from the US Department of Energy (DOE). The award will enable SustainX to develop its technology and eventually deploy a full-scale demonstration of its method for storing large amounts of energy using compressed air.