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Convergent boosts storage with flywheels investment

Wed, 05/09/2018 - 09:46 -- Xuan Zhong
Convergent boosts storage with flywheels investment

New York-based Convergent Energy+Power has acquired 40MW of flywheel projects to become “the biggest pure-play operator” of energy storage in North America.

Convergent said on 1 May it had bought the New York and Pennsylvania flywheel projects from energy investment firm Rockland Capital for an undisclosed sum.  

 

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