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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Kokam deploys 30 MW, 11.4 MWh energy storage system in Australia

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Ltd, successfully deployed for Alinta Energy, a leading Australian utility, a 30-megawatt (MW) system / 11.4-megawatt megawatt hour (MWh) Energy Storage System (ESS), the largest lithium-ion battery deployed for industrial application in Australia. Operational since April 2018, the ESS consists of five 2.2

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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KIT/IIT team demonstrates suitability of high-entropy oxides (HEO) as conversion materials for reversible energy storage

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Scientists of KIT’s Institute of Nanotechnology (INT) and Karlsruhe Nano Micro Facility (KNMF), of the Helmholtz Institute Ulm (HIU) established jointly by KIT and Ulm University, and of the Indian Institute of Technology in Madras have now demonstrated the suitability of HEO as conversion materials for reversible lithium storage.

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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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green hydrogen meets the requirements for participation in the primary control reserve market. Earlier tests already demonstrated that our electrolysis plants can produce green hydrogen highly efficiently and with sufficient response speed and flexibility to participate in the energy balancing market. thyssenkrupp and E.ON

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Elcora acquires vanadium sites in quest to further position in battery technologies

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This strategic acquisition supports Elcora’s plan to enhance both its mining and energy storage solutions by adding additional markets related to battery technologies. Vanadium’s role in the growing energy grid storage will increase over the coming years. Therefore, the need for energy storage is crucial.

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Electrify America has opened more than 500 EV charging stations to public; more than 2,200 ultra-fast chargers

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Since opening its first site in May 2018, Electrify America has set a rapid pace for its network expansion, opening an average of nearly four stations per week. The battery energy storage systems store power when electricity costs are low and supplement power during high points of consumption, minimizing impact on the electrical grid.

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