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Ricardo TorqStor flywheel energy storage technology receives SAE 2014 World Congress Tech Award

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Ricardo’s TorqStor high speed flywheel energy storage technology ( earlier post ) has been selected to receive the SAE Tech Award, as one of the top five technologies to be on display at the SAE World Congress 8-10 at the COBO Center, Detroit.

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Detroit Electric signs joint venture with China’s Far East Smarter Energy Group; $1.8B investment

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Detroit Electric has signed a joint venture deal with Far East Smarter Energy Group of China, which has helped secure a total investment of $1.8 The joint venture will invest US$370 million into Detroit Electric’s European operations over the next four years.

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Detroit Electric and Integrated Energy sign MOU on EV sales and V2X project in S. Korea’s Jeju Island

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The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea. Sales are expected to commence in the first quarter of 2015, and Integrated Energy will place an initial order of 300 vehicles at the signing of the dealer agreement.

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ONE to invest $1.6B in 20 GWh Michigan gigafactory; LFP cell production in 2024

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Our Next Energy (ONE), a Michigan-based energy storage technology company focusing on lithium iron phosphate chemistries ( earlier post ), will invest $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. ONE’s inclusive workforce development program will begin in 2024.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. The selected projects include advanced battery systems (including flow batteries), flywheels, and compressed air energy systems. Tehachapi Wind Energy Storage Project.

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Ford favoring bulk-type solid-state battery for next-gen energy storage

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Of those, Ford is currently favoring a solid-state solution for several reasons, among them the better volumetric energy density this approach offers, said Ford engineer Venkat Anandan in a presentation at SAE WCX 17 in Detroit this week. It also offers a high theoretical specific energy density.

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State of Michigan partners with Daimler Truck North America and DTE Energy to build Mobility Charging Hub

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DTE will operate the core infrastructure of the Mobility Charging Hub—including EV charging solutions, solar canopies, and battery energy storage systems, and will look to partner with third-party operators for value-added services.