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Franklin Energy Storage Projects

Will regulator thwart green energy bid?

Mon, 01/22/2018 - 10:28 -- John Shepherd
Will regulator thwart green energy bid?

Plans to invest $200 million in a lithium-ion storage facility in the US hang in the balance in a row over ‘price protectionism’ and the use of renewable energy to charge the batteries.

Franklin Energy Storage Projects has said the proposed Idaho facility— which would include four 25MW battery storage units— qualifies for a 20-year contract under a federal law promoting alternative energy.

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