Rising Tides in Alternative Energy Storage [View article]
I think the issues to date with VRB have been that the company was acting more as a research and development environment rather than commercializing the technology. Hopefully the consultants they've retained from Cormark Securities Inc. will help them to sort out the business.
Not only does this technology work for power flow regulation in wind/solar farms it's perfect for off grid diesel generator power systems (telecom, remote mining, and northern settlements).
The light at the end of the tunnel for this company/technology is that we are seeing interest (Alaska, Nova Scotia, Safaricom) even though oil is down around 65/barrel.
Sustained $100+ oil will be key for the smaller systems. Government action on climate change will be the catalyst for large scale wind/solar applications.
Rising Tides in Alternative Energy Storage [View article]
Not only does this technology work for power flow regulation in wind/solar farms it's perfect for off grid diesel generator power systems (telecom, remote mining, and northern settlements).
The light at the end of the tunnel for this company/technology is that we are seeing interest (Alaska, Nova Scotia, Safaricom) even though oil is down around 65/barrel.
Sustained $100+ oil will be key for the smaller systems. Government action on climate change will be the catalyst for large scale wind/solar applications.
Rising Tides in Alternative Energy Storage [View article]