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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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through its US subsidiary EnerNOC, has acquired California-based eMotorWerks, a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). Especially developing countries in Africa will also see rapid growth in battery storage.

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The Global Outlook of Electric Vehicles

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This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. While most charging takes place at home with residential EV chargers , public Level 2 and DC fast chargers are needed for drivers who lack access or need to charge during travel.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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The Europe, Middle East and Africa (EMEA) region will account for the largest share of production at more than 40%, with the Americas and Asia-Pacific each making up about 30%. The global installed base of EV charging stations is set to reach more than 1.1 share for PEVs in the global market this year.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 NEO 2018 sees $11.5

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Too, the planned expansion of the supercharger network in North America to address charging infrastructure concerns will require at least $62 million.

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CalSEED awards $4.2M to early-stage clean energy innovations

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To help California mitigate its ever-growing wildfires, this year CalSEED has included companies that are innovating in technologies that will build wildfire resiliency into the grid. This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. the cost of energy storage?by

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