Softbank 1 Swiss energy storage company. $100 million investment: tower with giant cement storing electrical energy

The development of this technology is the crystallization of post-google company many years of hard work. At the same time, remote areas in Utah in the United States, Japan's mitsubishi, Hitachi electric power system of subsidiaries in the United States are the preparation of a joint venture enterprise, will create the world's largest clean energy storage facilities. Post-google is in pasadena, California, a start-up incubator, energy company library is post-google to commercialise the technology company that was established. According to foreign media reports, vision fund said that the day has been completed for the Swiss start-up & other; Energy libraries throughout the company &; ( 能源库) 1. The $100 million investment.

the company said that its $66. 3 billion investment in 81 technology companies currently worth $82 billion. So far, softbank's vision of funds have been set up in 2017 to the world a lot of start-ups injected huge amounts of money, pushing up their valuations. Temperature and humidity monitor ( Tencent technology review/ChengXi) Investors expect, with the power companies in the field of renewable energy and stored in billions of dollars, this huge market is coming, and vision fund investment in the energy base company is one of the signals. This 1 billion watts of electricity storage will greatly help to provide renewable energy to power grid in the western United States, and will be compressed air energy storage, flow batteries, solid oxide fuel cells and renewable based hydrogen storage. These giant concrete mobile is powered by wind or solar power plants produce electricity, is one of the storage of these power plants produce energy. The company said it would use 1. 100 million dollars to accelerate to deploy its energy storage technology in the world. Have plenty of clean energy power generation facilities worldwide, because the cause of the power grid electricity, electricity generation cannot even will generate sales to the electricity grid or family, if you can put the electric energy stored, will help improve energy utilization efficiency, avoid the waste of wind farms and solar power stations. Energy storage is still on the utility grid large-scale promotion of renewable energy, one of the biggest obstacles but as the storing energy technology improvements, public utilities, development agencies and private companies are investing billions of dollars, the new energy storage to the market. According to foreign media reports, Britain's Scottish power preparation in renewable energy, power grid upgrading and invested $7. 2 billion in storage technology. Energy library company did not disclose the latest investment company valuations in the deal.

the above the invested enterprise energy library company chief executive and co-founder of Robert. Dermatology, Robert Piconi) Said on Thursday that the company & other; Very glad to cooperate with softbank fund of vision, to expand our global business. ” Nowadays, there are a lot of clean energy power generation facilities worldwide, because the cause of the power grid electricity, electricity generation cannot even will generate sales to the electricity grid or family, if you can put the electric energy stored by the will help to improve the energy efficiency, avoid the waste of wind farms and solar power stations. The company research and development of renewable energy storage technology and products. Software can automatically control the movement of these modules, to respond to the whole grid power availability changes, is generating power for the battery contact pieces & other; Grid charging & throughout; Or & other; Discharge & throughout; Operation. Imagine a composed of 35 tons of cement block huge mobile towers. Vision funds also rely on the big single broke the traditional venture capital operation model. So far, the vision of fund portfolio Uber about car company focused on networks and southeast Asian rival, Grab focus on transport and logistics technology companies, such as silicon wafer production enterprises and Slack enterprise service company, and British ARM chip design company & other; Cutting-edge technology & throughout; The company. The fund said last week, because the food delivery platform Doordash and Indian companies such as hotel reservation company Oyo valuations rise, last quarter vision fund operating profit up 66% from a year earlier. Solar thermal lock what meaning as part of the equity participation in the transaction, andreas softbank investment advisory firm partners. Hansen ( Andreas Hansson) The board of directors of the company will join the energy library. Silicon wafer manufacturing enterprises ranked the fund to Uber, WeWork and Slack big technology companies such as capital injection, and fame. According to foreign media reports, on August 14, Japan's softbank group management of science and technology investment fund & other; Vision fund & throughout; Announced investments in an energy company, this is the first time that vision funds invested in an energy company, in a sign of the $100 billion fund some change happened. ” “ Softbank investment consultancy & throughout; Managing partner, thanks. Hertha's ( Akshay Naheta) Said in a news release & other; Mass storage library company how to solve the renewable energy a long-term and complicated problem.