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Lux Research projects that bulk of energy storage market for vehicles will be for e-bike and micro-hybrids

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The overall market for energy storage technologies that power electric vehicles is set to grow from $13 billion in 2011 to $30 billion in 2016, a compound annual growth rate (CAGR) of 18%. Thus, they are set to surpass these other passenger vehicle types in terms of both total storage and dollars in 2016, growing from 5.1

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Siemens and AES to form global energy storage technology joint venture: Fluence

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Siemens AG and The AES Corporation are forming a new global energy storage technology and services company under the name Fluence. The joint venture will bring together AES’ experience deploying energy storage in seven countries with Siemens’ energy technology leadership and its global sales presence in more than 160 countries.

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CEC awards Eos Energy Storage $2.1M to demo AC-integrated zinc hybrid-cathode battery technology for grid storage

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The California Energy Commission (CEC) has awarded $2.1 million to Eos Energy Storage, LLC to demonstrate an AC-integrated system incorporating the company’s zinc hybrid-cathode battery technology (“Zynth”) to enhance renewable energy generation and provide grid-scale, multi-hour energy storage.

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Daimler establishes Mercedes-Benz Energy GmbH for stationary energy storage

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Daimler AG has established Mercedes-Benz Energy GmbH to take over the development and global sale of Mercedes-Benz brand stationary energy storage ( earlier post ) with immediate effect. Daimler AG, with ACCUMOTIVE, began delivery of domestic storage solutions for the German market in April.

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Advanced Microgrid Solutions picks Tesla for stationary energy storage projects; up to 500 MWh total

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Advanced Microgrid Solutions (AMS) has selected Tesla as the primary technology provider for its utility-scale energy storage projects. Under the agreement, AMS will install up to 500 MWh of Tesla batteries in its energy storage projects.

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Navigant: 2016 advanced battery shipments through Q3 = 323M cells and $3.8B in sales

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According to a new report from Navigant Research, the shipment volume of advanced batteries for the first three quarters of 2016 equates to more than 323.5 GWh of energy capacity, 61.4 The majority of the advanced batteries in 2016 have been manufactured in Asia Pacific and shipped around the world. GW of power capacity, and $3.8

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Eos Energy Storage introduces grid-scale battery system at $160/kWh

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Eos Energy Storage announced the commercial availability of its MW-scale Aurora system for deliveries starting in 2016. The Aurora product employs Eos’s patented Znyth battery technology that uses a safe aqueous electrolyte and a novel zinc-hybrid cathode to enable extremely low-cost electricity storage and long life.