Newton, Mass.-based General Compression, a developer of a compressed-air energy-storage system that burns no fuel when generating electricity, has been selected to receive up to $750,000 from the Department of Energy's (DOE) Advanced Research Projects Agency-Energy (ARPA-E GRIDS) funding program. The government grant will help accelerate the development of General Compression's energy-storage technology and projects.
General Compression is currently testing its advanced energy storage unit at a facility in Massachusetts and will begin building a pilot project in Texas with partner ConocoPhillips in 2011.
SOURCE: General Compression