Power Tree claims that its proprietary technology is designed to enable flywheels to scale in mass and speed, cost effectively storing and discharging megawatt power continuously for hours. Its breakthrough technology has widespread applications throughout the electrical grid.

Greg Stuart, CEO of Power Tree, said: “The Power Tree manufacturing plant is exceptionally well suited to our needs and provides all the necessary space, equipment and electrical power requirements to complete our 4th generation system. Further, upon completion of testing, we are capable of immediately ramping into mass production directly at this facility.”

Peter Zadok, president of PTMG, said: “I believe Power Tree’s flywheel energy storage system is the largest device of its kind in the world, weighing approximately 100,000 lbs. We have begun manufacturing the core components and assembly parts at our plant and I believe Power Tree is now extremely well positioned with its integrated manufacturing arm to be a vital player in the ongoing efforts to upgrade our grid infrastructure.”

Power Tree is focused on the research, development and production of its proprietary grid scale electrical energy storage technology.