Amber Kinetics, the sole provider of long-duration flywheel energy storage, has recently inked a deal with Aboitiz Power Corporation, IKS Co., Ltd, and Kawasaki Heavy Industries, Ltd. Know more:
, the sole provider of long-duration flywheel energy storage, has recently inked a deal with Aboitiz Power Corporation, IKS Co., Ltd, and Kawasaki Heavy Industries, Ltd., to form a partnership to help optimize renewable energy development in the Philippines and provide systems for energy cost savings and grid stability.
Flywheel systems store kinetic energy in the form of a spinning mass such as rotors. This technology allows consistent energy delivery despite irregular input and frequent cycling, which makes it perfect for renewable energy sources. The Amber Kinetics flywheel is the first commercialized four-hour discharge, long-duration KESS solution powered by advanced technology that stores 32 kWh of energy in a two-ton steel rotor.
“With this consortium, the Philippines and Japan can make a significant impact on our transition towards a more sustainable future. Our partnerships represent a powerful alliance that will drive technological innovation and harness the power of renewable energy to create a brighter future for generations to come,” said by Sabin Aboitiz, president and CEO of Aboitiz Equity Ventures.
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