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E•BOOM CAPITAL: Private Companies Pursue Renewable Energy Storage Challenge

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SolarReserve’s (United Technologies) solar power and molten salt storage system

It is pretty clear that the economic viability of wind and solar energy and the extent to which they will contribute significant power to the grid depends on being able to generate electricity intermittently -- when the sun shines and the wind blows -- and store it for use when it needed and/or when the sun is not shining nor the wind blowing.

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