Beacon Power Corporation (BCONQ) -Financial and Strategic SWOT Analysis Review ||Aarkstore Enterpris

Jan. 10, 2012 - PRLog -- Summary

Beacon Power Corporation (Beacon) is a development-stage power solutions provider. It undertakes the design, development, configuration and sale of products and services to support electricity grid operation. The company uses its patented flywheel energy storage technology to perform frequency regulation services on the grid. The company also designs and develops Smart Power M-Series, Smart Power M5, Smart Energy 25, Smart Power M4 Plus and M5 Plus grid-tied battery backup solar power systems. The company has a manufacturing facility in Tyngsboro, Massachusetts. The target markets of the company include New England, California, Texas, New York, and the Mid-Atlantic in the US. Beacon is headquartered in Tyngsboro, Massachusetts, the US.

In October 2011, Beacon filed for bankruptcy just a year after the energy storage company received a $43m loan guarantee from a controversial U.S. Department of Energy program.

Beacon Power Corporation Key Recent Developments

Nov 19, 2011: Beacon Power Settles With DOE Loan Programs Office
Oct 31, 2011: Beacon Power Files For Bankruptcy
Oct 25, 2011: ERC Approves Renewal Of Certificate Of Compliance To BIPCOR And ORMECO’s Power Plants In Philippines
Oct 06, 2011: Beacon Power Engages Group Robinson To Pursue Financing For Pennsylvania Plant
Oct 05, 2011: Beacon Power Receives Nasdaq Notice Of Minimum Bid Price Non-compliance

This comprehensive SWOT profile of Beacon Power Corporation provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

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