Beacon Gets Phase 2 Goahead For Hazle Township Flywheel Energy Storage Plant
Beacon Power Corporation announced today that it has received approval from the U.S. Department of Energy (DOE) under the terms of its Smart Grid Stimulus Grant program to proceed to the second of three phases of funding for construction of the Company's next 20-megawatt (MW) flywheel energy storage plant, to be located in Hazle Township, Pennsylvania.