Ice Energy lands $40 million deal to fund installations

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Ice Energy lands $40 million deal to fund ice battery installations

By Marissa Nall / Friday, July 6th, 2018 / Comments Off on Ice Energy lands $40 million deal to fund ice battery installations

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…

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