Remove Building Remove Grid Remove Plug-in Remove Stimulus
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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The company anticipates making $80 million in capital expenditures in Massachusetts to build up its manufacturing and R&D capabilities there by the end of 2014. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

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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. Electric grids require balance in order to function properly. Electric grids require balance in order to function properly. Click to enlarge.

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Ener1 Establishes European Division

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This follows on from the recently announced collaboration with Volvo on the plug-in hybrid V70 demonstration vehicles being tested in Europe this fall, which also feature EnerDel lithium-ion batteries. European automakers are really setting the pace in terms of electric and plug-in hybrid vehicle development.

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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

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A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. The capital will help support the expansion of A123’s facilities in Hopkinton, MA, and Novi, MI, as well as build planned new factories in Michigan. Earlier post.)

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. We really believe that lithium provides power, sodium provides storage and the combination of these two technologies will find great fits, perhaps even in plug in electric vehicles over time. Click to enlarge.

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

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ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. In 2009, the company sold more than 120,000 vehicles internationally in the European Union and the United States and has a capacity to build up to 400,000 vehicles annually. The conventional A380 is powered by a 1.6-

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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

And so it was that I found myself in the Hermosa Beach City Council Chambers addressing the Green Task Force audience you cannot see in this photo as I presented my Finding The Green To Green The Grid House By House PowerPoint. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani.

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