MIT to Develop Batteries with Total

Total says it has signed an R&D agreement in which is has commissioned the Massachusetts Institute of Technology to develop stationary batteries for storing solar power. Total has agreed to pay MIT $4 million over five years. The project is a part of the MIT Energy Initiative, which Total joined in November 2008.   The research project is primarily focused on developing low cost, long life batteries suited to store energy provided by solar panels. “The ability to store power is a major challenge and an essential ingredient for the scale up and...

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