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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.
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.
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.
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.
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.
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.
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.
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. the cost of energystorage?by
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.
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.
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.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior. Germany, the U.K. degrees of global warming.
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.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
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.
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.
Schematic of the “New Grid Testbed” components, including renewable energy generation, energystorage, smart distribution and electric transportation Click to enlarge. It is the largest renewable energy project of its kind in California. Two megawatt-hours of battery energystorage. Solar carport.
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.
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. Using a container allows the storage system to be moved by truck for quick on-site deployment. The prototype has a capacity of 1.2
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.
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.
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.
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. InCharge Energy and ABB E-mobility are supplying and preparing to activate 40 Terra 124 DC fast chargers.
TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energystorage.
Under deceleration, the motor/generators apply braking force in combination with traditional mechanical brakes to generate energy, which is transferred via a DENSO inverter to the Nisshinbo supercapacitor. During acceleration, the motor/generator reverses its function, acting as a motor to deliver a significant power boost.
Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.
million federal award funded through the US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE). Enovix demonstrated 100% active silicon-anode lithium-ion cells with energy density of more than 900 Wh/l and full-depth of discharge cycle life of more than 500 in 2019. Earlier post.).
Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The joint investment will pave the way for Hanwha to lead the rapidly-growing energystorage market and future Urban Air Mobility business. They include enclosure, heat management and other balance of system.
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.
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.
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 ). economic growth.
Toshiba Corporation is taking its SCiB rechargeable battery business from Toshiba Infrastructure Systems & Solutions Corporation (TISS) to make it an independent business unit within Toshiba. Its versatility has found broad application in hybrid electric vehicles, automated guided vehicles and energystorage systems for rolling stock.
Australia-based Magnis Energy Technologies Limited announced that Imperium3 New York (iM3NY) has produced its first full-sized prismatic cells ahead of schedule for limited testing and customer sampling in Q3 2021. The first cells were produced using manual settings to refine the product design for future automated production.
The system uses water-based solutions of inorganic chemicals that are capable of transferring more than one electron, providing high-energy density. Discharge and re-charge of such flow batteries occur in electrochemical cells separated from energy storing tanks, which makes them safer. Energy Environ. Earlier post.).
MTS Systems Corporation, a global supplier of high-performance test systems and position sensors, announced the availability of the MTS ERS Test Solution, designed to help automotive companies introduce and optimize Energy Recovery Systems (ERS) in their hybrid-electric vehicles.
Underpinning the agreement is the recognition that California’s new energy policies will significantly reduce the need for Diablo Canyon’s inflexible baseload electricity output. 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.
The Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 60 research projects for up to a combined $156 million in funding from the Fiscal Year 2011 budget. million in funds to approximately 120 energy projects within seven program areas. HEATS: High Energy Advanced Thermal Storage ($37.3
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