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

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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. Williams Grand Prix Engineering Limited (Williams F1) and Kinetic Traction Systems, Inc. —Alex Burns, CEO of Williams F1.

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3 Oil Majors That Bet Big On Renewables

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Further, Equinor plans to reduce its net carbon intensity by at least 50% by 2050 by deploying CCUS (Carbon Capture, Utilization, and Storage) and hydrogen technologies. #2 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.

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