The sun doesn’t shine at night.
The wind doesn’t blow 24/7.
These are the obstacles that have always kept solar and wind from becoming the world’s primary sources of power generation, and they are legitimate obstacles, to be sure.
But what if this weren't the case?
What if solar panels and wind turbines could generate electricity 24 hours a day, seven days a week, 365 days per year?
Well, you needn’t wonder anymore.
While it is physically impossible for the sun to shine and the wind to blow every second of every day, it’s not physically impossible to harness that power, store it, and then use that stored power to meet demand.
For example, a couple years ago, a new utility-scale battery storage system opened up in Australia.
Using Tesla’s utility-scale Megapack batteries, this battery storage plant has enough capacity to power 500,000 homes for an hour.
Of course, one hour of electricity doesn’t solve the intermittency problem with solar and wind. However, this facility was the very first to prove that battery storage could in fact be used to support increased solar- and wind-powered electricity generation. Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Now fast-forward two years, and not only does the technology exist to store 10 times as much electricity as that Australian battery storage facility, but that technology doesn’t even use the same traditional lithium-ion battery.
Instead, it uses little more than concrete and steel, which is a pretty big deal when you consider that lithium costs five times more than concrete and 13 times more than steel.
Not only is this technology superior to lithium-ion battery technology, but it’s also far cheaper.
And unlike a lot of the new and exciting energy storage technologies we hear about today that are still being tested in a lab, this one is already operating in Switzerland. In addition, Saudi Arabia is now building out a facility that will use this new technology alongside a solar farm to power 4.5 million homes.
The basis for this new energy storage technology is called the "Newton Battery," which uses gravitational force to power the grid and, unlike lithium, is a limitless resource.
With the "Newton Battery," there’s also no degradation like you find with lithium-ion batteries. The "Newton Battery" does not lose power over time. In the world of energy storage, this is unheard of and, quite frankly, a massive game-changer for the global energy economy.
Now, as you can imagine, the company behind the "Newton Battery" is crushing it.
Not only is it in prime position to score billions of dollars in new government contracts, but it’s also in bed with the world’s biggest players in the energy game, including General Electric (NYSE: GE), Dominion Energy (NYSE: D), and Canadian Solar (NASDAQ: CSIQ).
And it’s already inked more than $32 billion worth of contracts over the next five years. That’s billion, with a B.
If you ever want to know how viable a new energy technology is, you needn’t look any further than its contract backlog and its key partnerships.
In other words, the folks behind the "Newton Battery" are about to get stinking rich as the world transitions away from fossil fuels to renewable energy — and you can get some of this action for yourself, too.
Because not only is this particular company public, but it’s also trading at a huge discount thanks to recent market fluctuations that are giving you an opportunity to buy a few shares of this thing on the cheap.
Of course, before you do anything, you should always do your due diligence. That's why I’m sharing this short presentation that will show you how the technology works, the contracts the company already has in place, and instructions on how you can grab some shares for yourself today, before the stock shoots up in the coming weeks.
And make no mistake: That’s exactly what’s going to happen.
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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