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Southern Company Invests in Johnson Energy Storage
Southern Company, through a subsidiary, has made an early-stage investment in Johnson Energy Storage (JES). This investment reflects Southern Company''s long-standing commitment to provide clean...
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Innovate Alabama Invests $1 Million in Johnson Energy Storage in
BIRMINGHAM, AL (Oct 30, 2024) – Innovate Alabama is investing in Johnson Energy Storage (JES) along with NBA Hall of Famer Magic Johnson, Cleveland Browns All-Pro Myles Garrett
5 FAQs about [Southern energy storage investment code]
Why did Southern Company Invest in Johnson energy storage?
Southern Company's SO subsidiary has made an early-stage investment in Johnson Energy Storage, Inc., an Atlanta-based battery manufacturing company that develops solid-state battery technology. This move highlights Southern Company's commitment to clean energy solutions and supporting local innovations.
What do you think of Southern Company's recent investment?
"We are most appreciative of Southern Company's recent investment and support for our ongoing work," said Dr. Lonnie Johnson, founder and chairman of the board of directors for Johnson Energy Storage. "We are excited about the potential for our battery innovations to scale with electric vehicles and other energy applications.
Are solid-state batteries the future of energy storage?
Solid-state batteries are the future of energy storage, as they hold immense potential. Unlike traditional lithium-ion batteries that use liquid electrolytes, solid-state batteries utilize a solid electrolyte. This innovation promises several advantages.
What is the iShares energy storage & materials ETF?
The iShares Energy Storage & Materials ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. and non-U.S. companies involved in energy storage solutions aiming to support the transition to a low-carbon economy, including hydrogen, fuel cells and batteries.
Which energy storage stocks are a good investment?
Albemarle is the top holding, followed by Tesla, so if you can't decide from the previous stocks, this fund is a good one-stop investment to play the pending energy storage boom. With more than $1 billion under management and about 60 components, this First Trust fund is another interesting and diversified way to play energy storage.