Premium Power Corporation - company investment 05/25/2006 -

Awardee: London Economics International, LLC Premium Power Corporation
Location: N Andover
Technology/ies: Fuel Cell
Project Type(s): Direct Investment
Program & Initiative: Industry Investment & Development/SEED
Total Funding Amount: $509,600.00

Project Overview:
Premium Power has developed a Zinc-Bromide regenerative fuel cell, or flow battery. The chemical reactants are stored externally and then pumped as needed into cell stacks consisting of bipolar plates separated by a polymer frame. The reaction is reversible, there is little degradation over thousands of cycles, and full discharge does not damage the battery. With SEED funding, Premium Power proposes to scale their stacks into a large-scale Zinc-Flow® 9000 system suitable for integration with renewable energy sources such as wind and PV for load-leveling.

Contact Information:
Sissi Liu
Industry Investment and Development Manager Manager, RET
(508) 870-0312 x 226
liu@masstech.org
Awardee Contact Information:
Gary Colello
Chief Executive Officer
(978)379-5000 ext 201
 
Project Website(s):
http://www.premiumpower.com