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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. 2010 vs 2011 forecasts.

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Pew: global clean energy investment reached record $243B in 2010

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2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. Italy is the first country to achieve grid parity, or cost-competitiveness, for solar energy.

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Ford Testing Intelligent System for Plug-in Vehicle to Grid Communication to Manage Charging

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Ford Motor Company has developed an intelligent vehicle-to-grid communications and control system for its plug-in hybrid electric vehicles that communicates directly with the electric grid. All 21 of Ford’s fleet of plug-in hybrid Escapes eventually will be equipped with the vehicle-to-grid communications technology.

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AMSC Power Electronics Support Nearly 10% of Global Wind-Generated Electricity

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American Superconductor Corporation ( AMSC ), a global power technologies company, announced in conjunction with Global Wind Day 2010 on 15 June that it has achieved a significant milestone by supporting the production of more than 15,000 megawatts (MW) of wind power worldwide with its proprietary power electronic solutions.

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Saft Supplying Li-ion Storage for ABB SVC Light Grid System

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The technology can play an important role in integrating renewables into the grid. It compensates for fluctuations in the voltage and current of an electric grid, thereby allowing more power to flow through the network while maintaining safety margins and increasing stability. Hierarchy of the battery solution. Source: ABB.

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Altairnano Selected by Hawaii Natural Energy Institute for Wind Energy Integration Demonstration Project

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has signed a non-binding Memorandum of Understanding (MOU) with the Hawai’i Natural Energy Institute (HNEI) of the University of Hawai’i at Manoa and the Hawai’i Electric Light Company to supply a one-megawatt ALTI-ESS energy storage system for a test of wind energy integration. Altair Nanotechnologies, Inc.

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US Departments of Energy and Interior unveil national offshore wind strategy and major offshore wind initiatives

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Unveiling a coordinated strategic plan to accelerate the development of offshore wind energy, Secretary of the Interior Ken Salazar and Secretary of Energy Steven Chu announced steps forward in support of offshore wind energy in the United States, including new funding opportunities for up to $50.5 Next-Generation Drivetrain (up to $7.5

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