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News Update: Beacon Power Edging Higher in First Pre-Bell Matches

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Jul 13, 2010 -- Beacon Power (BCON) said it was selected by the U.S. Department of Energy (DOE) to negotiate a $2.25 million award in support of developing a next-generation flywheel energy storage system. The goal would be to store four times the energy at one-eighth the cost, versus Beacon's current Smart Energy 25 (Gen 4) flywheel system.

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