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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energystorage, smart grid, and energy efficiency sectors. Corporate funding for energystorage, smart grid, and energy efficiency companies.
Oshkosh Corporation’s Fire & Emergency segment unveiled the Volterra platform of electric vehicles with the introduction of two new trucks under the Pierce Manufacturing and Oshkosh Airport Products brands. —John Pfeifer, Oshkosh Corporation President and CEO. The Volterra platform uses Oshkosh’s parallel-electric drive train.
Toshiba Corporation has delivered battery energystorage systems integrating the company’s SCiB Li-ion battery ( earlier post ) to Kyushu Electric Power Co., for a demonstration project to expand introduction of renewable energy sources on remote islands. The demonstration program will run for three years to fiscal 2016.
Vietnam and Vietnam Motors Industry Corporation (Vinamotor) entered a cooperation agreement to apply Siemens Elfa hybrid drive technology for city buses in Vietnam. The diesel-electric hybrid drive Elfa systems combine mobile energy generators, such as diesel generator sets and high performance energystorage devices.
Electrolysis company Hydrogenics Corporation has received an order from E.ON The 2 MW energystorage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.
The US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 19 new projects to receive a total of $43 million to develop breakthrough energystorage technologies and support promising small businesses. Advanced Management And Protection Of Energy-Storage Devices (AMPED).
Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’sEnergyStorage Grand Challenge and will receive a $3.96-million million award.
Merger and acquisition (M&A) deals in the smart grid, energystorage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research.
Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energystorage system for power grids. Furthermore, the energystorage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.
Nikola Corporation said that it has developed a new battery that has a record energy density of 1,100 Wh kg -1 on the material level and 500 Wh kg -1 on the production cell level—including casing, terminals and separator—more than double current lithium-ion battery cells.
Toshiba Corporation has supplied a Li-ion battery traction energystorage system (TESS) to Tobu Railway Co., TESS stores traction energy generated by decelerating trains as they enter a station and releases it as needed when trains accelerate from the station. The system is planned to operate from 22 December.
China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energystorage opportunities in the Chinese market. Its formation is an important element of the recently announced NEC acquisition of A123 Energy Solutions.
TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.
Toshiba Corporation will supply the battery for the United Kingdom’s first 2MW scale lithium-titanate battery based EnergyStorage System (ESS) to support grid management. The company’s 1MWh SCiB battery will be installed in a primary substation in central England in September.
CalCharge , a California initiative designed to accelerate breakthrough energystorage technologies, welcomed six new member companies, including Bosch and Toyota Motor Corporation. The CalCharge CRADAs also help national labs, funded by the Department of Energy, find and work with pioneering companies. CalChargeLLNL.
Siemens AG and The AES Corporation are forming a new global energystorage technology and services company under the name Fluence. The joint venture will bring together AES’ experience deploying energystorage in seven countries with Siemens’ energy technology leadership and its global sales presence in more than 160 countries.
The batteries manufactured at the City of Industry facility will feature Proterra’s redesigned modules with next-generation cells developed with LG Energy Solution. Since 2016, Proterra and LG engineering teams have been collaborating to maximize cell performance to meet the stringent requirements of commercial vehicle markets.
Maxwell Technologies, a leading developer and manufacturer of ultracapacitor-based energystorage and power delivery solutions, announced that its ultracapacitors are used for regenerative braking energystorage in the Beijing subway system.
WAVE is a Range Extending Series Hybrid that features a microturbine Range Extender generator developed by Capstone Turbine Corporation. Range extending hybrids are a synergy between electric trucks and series hybrids, and their design reduces the energystorage size required for trucks to run on batteries alone. Powertrain.
million federal award funded through the US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE). The selection, recommended by the Vehicle Technologies Office, authorizes Enovix to complete negotiations for a $3.2-million Earlier post.).
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energystorage.
Cabot Corporation, a leading global specialty chemicals and performance materials company, has been selected by the US Department of Energy (DOE) to participate in an advanced vehicle technologies research project that is part of a large, $80-million funding package ( earlier post ).
Esstalion Technologies, the joint venture formed in 2014 by Sony Corporation and Hydro-Québec, will soon begin testing the first prototype of a large-capacity energystorage system. The prototype has a capacity of 1.2 MW and can store 1.2 MWh, equivalent to the daily consumption of 23 Québec homes.
Toshiba Corporation has received an order to supply a large-scale battery energystorage system (BESS) for a power frequency regulation project in Hamilton, Ohio. The project will be carried out by Sumitomo Corporation, Sumitomo Corporation of Americas and Renewable Energy Systems Americas, a US renewable energy developer.
Empire State Development (ESD) announced that Canada-based Li-Cycle Corporation will establish its first US-based Li-ion battery recycling facility in New York State. The company is capable of processing all types of lithium-ion batteries used in electronic devices, e-mobility, electric vehicles and energystorage.
TransAlta Corporation has been awarded $250,000 from Alberta Innovates - Energy & Environment Solutions (AI-EES) to help launch Alberta’s first large-scale commercial energystorage project. Home and business energystorage is just starting to gain momentum in the U.S, AI-EES received more than 50 proposals.
Sysco Corporation, the world’s largest food distributor, unveiled its vision for the Riverside Electric Vehicle Hub, which will transform the company’s distribution center into the focal point of its electrified fleet. and add 2,800 electric trucks to its US fleet by 2030.
The use of electricity to generate hydrogen is considered potentially to be a key technology for the storage of surplus energy from renewable sources (e.g., Audi’s e-gas, earlier post ); it could also play an important role in the transition of the energy system and the stabilization of grids.
The awardees went through a rigorous process including a review with CalSEED’s curated technical advisory committee, who volunteered their time and expertise to select the most promising future clean energy technologies. that boosts the energy capacity via nanotechnology-enabled self-assembly of functional nanocomponents, reducing?the
Kia Europe has confirmed plans to re-use former EV batteries in ’Second Life’ battery energystorage systems as part of its global strategic focus on sustainability.
Skeleton Technologies signed a distribution agreement with Sumitomo Corporation Europe with the aim of providing energystorage solutions for the rapidly growing hybrid electric and electric vehicle industry. — Hidenori Eto, GM of Warsaw office of Sumitomo Corporation Europe Limited.
XL Grid will provide charging infrastructure, energystorage and power solutions for electrified fleets. XL Fleet remains on track to complete its previously announced merger with Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), in December 2020.
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles.
Development of the TS040 HYBRID has been completed alongside a range of external motorsport and automotive projects running concurrently at TMG, for third-party clients and Toyota Motor Corporation. The car completed a successful roll-out at Paul Ricard on 21-23 January, with Alex Wurz and Anthony Davidson driving.
In the US, iM3NY is part of the supply chain for the Department of Defense and is supporting the electrification of several large US corporations. Upreti has been receiving a continued mentorship from Prof. iM3NY product roadmap. The company’s substantial growth plans include building out 32 GWh of capacity over eight years.
UL announced that 4R EnergyCorporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energystorage systems, is the first organization worldwide to be certified to UL 1974 , the Standard for Evaluation for Repurposing Batteries.
The BIC is a critical affiliate of Argonne’s Lead Joint Center for EnergyStorage Research (JCESR). In addition, the BIC has significant government partners including NSWC Crane and Argonne National Lab. In addition, the BIC has significant government partners including NSWC Crane and Argonne National Lab.
Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. Skeleton Technologies fits perfectly in our portfolio as they fill the gap for high-power, extremely long high-cycles, and efficient energystorage devices. million ($48.5
Schematic of the “New Grid Testbed” components, including renewable energy generation, energystorage, smart distribution and electric transportation Click to enlarge. Two megawatt-hours of battery energystorage. Balqon Corporation; SolarMax Technology; and Winston Battery. Solar carport. Click to enlarge.
A123 Energy Solutions will supply, install, and commission a 1MW, 2.8MWh Grid Storage Solution (GSS) system for IHI Corporation. The GSS will utilize the company’s Long Duration Grid Battery System (GBS-LD), a standard but flexible grid energystorage unit accommodating configurations that range from 100kW to 4MW.
The Joint Proposal would replace the power produced by the two nuclear reactors at Diablo Canyon with a portfolio comprising energy efficiency, renewables and energystorage. It includes a PG&E commitment to a 55% renewable energy target in 2031—the highest such voluntary commitment by a major US energy company.
has received a second supply order from Volvo Car Corporation to manufacture its 24 kWh, lithium-ion battery pack to power Volvo’s C30 Electric car. It manufactures advanced, lithium-ion batteries and energystorage systems for electric utility, transportation and industrial applications. EnerDel, Inc. EnerDel, Inc.
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