Remove Batteries Remove Climate Remove Energy Storage Remove Grid
article thumbnail

NY state to award $12M to advance EV adoption and integration with the grid

Green Car Congress

New York Governor Kathy Hochul announced a $12-million initiative to support the development and demonstration of innovative, replicable solutions that advance electric vehicle adoption and the integration of electric vehicles with the electric grid. (

Grid 283
article thumbnail

CATL and HGP establish partnership to facilitate up to 5 GWh of battery energy storage systems; 450 MWh in Texas to start

Green Car Congress

Limited (CATL), a global leader of new energy innovative technologies, and HGP Storage, LLC (HGP), a company specializing in the development of advanced battery energy storage systems (BESS), announced an agreement on the supply of more than 450 MWh of BESS. Contemporary Amperex Technology Co.,

article thumbnail

Cummins invests $24M in flow battery leader VoltStorage

Green Car Congress

Cummins has invested $24 million in Germany-based VoltStorage, a developer of stationary flow batteries. The company says that it has the largest fleet of operating flow batteries in the world. By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage.

Battery 467
article thumbnail

US DOE releases Grid Energy Storage report

Green Car Congress

The US Department of Energy (DOE) released its Grid Energy Storage report to the members of the Senate Energy and Natural Resources Committee. of total electric production capacity) of grid storage, 95% of which is pumped storage hydro. At present, the report noted, the US has about 24.6

article thumbnail

Old EV batteries are being reused as energy storage devices in CA

Teslarati

Electric vehicles are here to stay, and the subject of what to do with their battery packs once they are no longer suitable for the road remains a key concern among skeptics. B2U noted that its use of old EV batteries can significantly lower the cost of carbon-free energy storage.

article thumbnail

CEC EPIC report highlights research making grid more resilient & reliable

Green Car Congress

EPIC funds are competitively awarded to support the most promising technologies and approaches across six investment areas: the entrepreneurial ecosystem; resilience and safety; building decarbonization; grid decarbonization and decentralization; industrial and agricultural innovation; and low-carbon transportation.

Grid 243
article thumbnail

Qatar invests $125M in energy storage company Fluence

Green Car Congress

Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.