ZBB Energy Corporation ( Amex:ZBB ) today provided an update to the project previously announced on September 8, 2010, taking place in conjunction with Itron, Inc. ( NASDAQ : ITRI ) and other complementary partners.
This project allows ZBB to demonstrate the integration of an advanced energy storage system at a yet to be publicly disclosed location in Southern California. The project is partially funded from the California Solar Initiative Research, Development, Deployment and Demonstration Program (CSI RD&D), and will provide for storage technologies to be integrated at the selected location. The objective of the project is to demonstrate the combined value of a photovoltaic (PV) energy source and energy storage.
Eric Apfelbach, President and CEO of ZBB Energy, commented:
Based on the proactive leadership of partners for projects such as this, as well as recent announcements regarding long-term procurement goals relating to energy storage and distributed generation incentive programs in California, we are excited about size of the opportunity and near-term realization of the project, which is slated to be commissioned this summer.