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EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage

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has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA diversified its business and formed CODA Energy two years ago.

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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. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

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The study, which provides a joint industry analysis of how different types of batteries are used in different automotive applications, concludes that lead-based batteries will by necessity remain the most wide-spread energy storage system in automotive applications for the foreseeable future. Nickel-metal hydride batteries.

Lead Acid 304
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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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PROSUME blockchain-based platform for new peer-to-peer energy models; EV platform

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The PROSUME Energy Foundation has developed a blockchain-based platform to exchange electricity from renewable and fossil sources. It connects independent power producers, consumers, utility companies and energy communities in a locally shared market where each peer is free to interact in a multi-tenant ecosystem.

Energy 207
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Bidirectional Charging Management (BCM) research project gets green light; tying in renewables

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The research project will run for three years under the aegis of the German Aerospace Center (DLR) and with funding from the German Federal Ministry for Economic Affairs and Energy. This will effectively turn the electric vehicles’ batteries into mobile energy storage devices that can also supply electricity when required.

Renewable 287
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Coltura: Supreme Court precedent means states can require all new vehicles sold be electric

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Metz and Janelle London finds that state vehicle electrification mandates can withstand legal challenges based on federal preemption if they are based solely on reasons for transitioning to electric vehicles that are within the state's authority. The article points to the 2019 Supreme Court case of Virginia Uranium v.