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Qatar invests $125M in energy storage company Fluence

Green Car Congress

Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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Williams F1 and Kinetic Traction Systems partner to advance composite flywheel energy storage technology for rail and grid applications

Green Car Congress

(KTSi) have signed a long-term cooperation Agreement to advance and promote innovative, clean flywheel-based energy storage and recycling systems for mass transit rail and grid applications.

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Williams F1 Establishes Technical Center in Qatar; Initial Focus on Commercial Development of Magnetically Loaded Composite Flywheel

Green Car Congress

Williams F1 and the Qatar Science & Technology Park (QSTP) formally signed an agreement to inaugurate the Williams Technology Center (WTC). As designed for F1, the WHP MLC flywheel-based KERS system offers : A cycle life of around 10 million charge discharge cycles—far greater than the few thousand of current chemical batteries.

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3 Oil Majors That Bet Big On Renewables

Green Car Congress

For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc. 3 ENI SpA.

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Porsche 911 GT3 R Hybrid Using Williams Flywheel KERS

Green Car Congress

Instead of the usual batteries of a hybrid road car, an electrical flywheel power generator fitted in the interior next to the driver stores recaptured energy and delivers it to the electric motors. Tags: Batteries Hybrids Motorsport. CAD rendering of the Magnetically Loaded Composite (MLC) flywheel.

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ABB charges into the future with Formula E

Charged EVs

The Gen2 racer has enough range to last the whole 45-minute race, and the Gen3 car’s super-fast charging will make it possible to reduce the battery size. “As As you progress, the batteries get smaller, because you can charge it faster,” said O’Shea. And that’s mostly due to the battery.