Ice Energy lands $40 million deal to fund ice battery installations
IN THIS ARTICLE
- Energy Topic
- Marissa Nall Author
By Marissa Nall Friday, July 6th, 2018
Ice Energy’s storage system uses surplus energy from the grid to create ice, which then replaces air conditioning when demand peaks. A $40 million investment deal will fund the rollout of more than 1,500 ice batteries in Southern California for Santa Barbara-based Ice Energy. The company’s technology uses surplus energy from the grid to create…