Technology Update – WUP and a team of strong Danish Partners receives 3 M EUR from the Innovation Fund Denmark to begin production of new magnetic materials. WUP will get even better power efficiencies as a result of this grant.
Technology Update – WUP and a team of strong cross European Partners receives 5 M EUR from the European Union to develop new magnetic materials. WUP will get even better power efficiencies as a result of this grant.
We look forward to a great new year.
WattsUp Power – Participates in discussion about energy storage of the future.
The need for a plan B in case of a power outage on a drilling rig or vessel can be met with a cheaper, more durable and environmentally friendly alternative to batteries. Innovation Fund Denmark is investing DKK eight million in a project that will test a promising flywheel system for energy storage.
Read more here – http://www.et.aau.dk/news/show/flywheel-can-provide-cheaper-and-cleaner-power-at-sea.cid156405