November 20th, 2014
This week’s “Top 5” includes a foreword with 2 job announcements, an R&D agreement for three companies, further deployments for Electrovaya, a storage test lab for GDF SUEZ, project financing for storage in France, and Vycon being purchased by Calnetix Technologies.

Foreword
1. 2 Job announcements: 
– one of our international clients is seeking a business developer based in Germany, with a good knowledge of the German power sector, a great drive to take on an exciting challenge and if possible some understanding of storage technologies;
– we (Clean Horizon) are hiring a marketing intern to join us in Paris. We are open for applications!
If you would like to apply or have more information, please contact careers@cleannhorizon.com.

2. Erratum
Imergy Power was mentioned in last week Top 5 while the news was related to Ideal Power. We apologize for the mistake.

TOP 5

1. EnStorage signed a R&D agreement with Schneider Electric and Alstom to develop a storage system for renewable integration with 150 kW to MWs of capacity and 6 hours of storage. The system should be commercial in late 2016.

2. “Electrovaya Inc. (TSX: EFL) announced that it has received a $1.3 million grant award to deliver multiple Intelligent Energy Storage Systems (IESS) at various locations with Toronto Hydro and London Hydro.”

3. GDF SUEZ will test Eos MW scale storage system Aurora at its new “GDF SUEZ Batteries Lab”. The lab was created in June 2014 to test batteries’ cost and performance. Eos plans to sell its systems at less than $160/kWh (DC).

4. French Article – Project developer Akuo completed financing for the four solar+storage projects in French islands it was awarded within the CRE RFP in 2012, and which totaled 29 MWp of PV. 13 MWp are already operational.

5. “Calnetix Technologies, a world leader in developing and manufacturing high-speed permanent magnet motor generators, power electronics and magnetic bearings for a variety of applications and industries, announced today that it acquired VYCON for an undisclosed amount.”

Best Regards.