Washington Grants $14.3 Million for Power-Storage Systems

07.15.2014

Source: Bloomberg New Energy Finance

July 9 (Bloomberg) — Washington state awarded $14.3 million in matching grants to three utilities to develop battery systems to store power from intermittent, renewable sources.

The projects received funding from the state’s Clean Energy Fund, Governor Jay Inslee said Tuesday in a statement. The goal of the fund is to promote clean energy technologies that make the power grid more resilient while curbing greenhouse-gas emissions.

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