commercial energy storage systems Balqon Blqn Makes Progress On Several Fronts

by:MERITSUN     2019-06-29
Balqon Corporation (OTCBB: BLQN) is an emerging developer and manufacturer of zero emission heavy vehiclesDuty electric vehicles, energy storage products and electric drive systems recently announced some developments with potential to help unlock shareholder value in the near futureElectric vehicles continue to gain a prominent position.Balwinder Samra, ceo of Balqon Corporation, recently appeared at 2012 electric car expo in Tampa Bay, Florida, from February 21-23, 2012.In the video taken at this meeting, the CEO outlined how his company created and filled the niche and became the only manufacturer worldwide to produce heavy, short-distance electric yard tractors.
The Los Angeles port commissioner's commission reallocated a federal grant to upgrade six yard tractors with lithiumAccording to an article in The Daily Breeze, after the original contractor hired to convert the tractor into a hydrogen fuel cell, the Ion battery missed the deadline to complete the work.com.The value of the contract to Balqon Corporation is estimated at $630,000.According to a recent article by AutoBlog's Green Energy DepartmentS.
DOE may provide $10 million in funding for the development of electric trucks and forklifts with the aim of further reducing oil use in the domestic transport sector.The company will submit the application by May 15 and announce the winning list by September 30.Balqon Corporation (OTCBB: BLQN), A123 Systems Inc.
(Nasdaq: AONE), EnerSys Inc.
(NYSE: ENS) other energy storage companies can benefit from an increase in demand for traditional industries (such as Telecom's cellular towers) and emerging industries (increased capacity for renewable energy such as solar and wind.In January 2006, during Hurricane Katrina, the Katrina team reviewed the communications infrastructure and made suggestions to the Federal Communications Commission to improve disaster preparedness and network reliability.On June 2007, the Commission issued the Katrina panel order directing the public security and homeland security agency to implement several of these proposals.
One of the commands is that cell sites, usually powered by local ac commercial power supplies, install backup power supplies that can run for at least eight hours in an emergency.With the industry debating the rule and its implementation, Balqon Corporation, a private-sector energy storage company, is busy seeking solutions that balance the security and economic interests of the government and the telecom industry.In 2011, the company began transporting backup storage batteries that can be charged with traditional fossil-fuel generators at remote sites without grid supply, and the battery site where the battery can perform the load shaving function during peak load.
The economy of charging batteries with existing generators or renewable sources of energy (such as wind or solar panels) in remote locations has reduced the use of engine generators from 24 hours a day to less than 4 hours.This leads to lower fuel costs, maintenance costs and fuel delivery costs, exceeding the additional cost of lithium batteries provided by Balqon.The success in these remote areas has led to the delivery of these systems to international customers in South Africa, Australia and India, in countries with questionable grid reliability, reducing operating costs and improving system reliability.
With more than 12,000 new battery sites installed each year in the United States, more than 75,000 battery sites are installed worldwide, and the energy storage of these sites can be a win-win situation.Win the relationship between energy storage providers such as Balqon, telecom industry and local government
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