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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. Technology costs. Energy storage on the grid is reaching a turning point.

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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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Southern California Edison (SCE) opened the largest battery energy storage project in North America—the Tehachapi Energy Storage Project—to modernize the grid to integrate more clean energy. This installation will allow us to take a serious look at the technological capabilities of energy storage on the electric grid.

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Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

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The Odyne plug-in hybrid drive system reduces fleet operating and maintenance costs, and depending on duty cycle, enables large trucks to obtain significant fuel economy improvements compared to traditional diesel engines. The trucks are used for construction and maintenance of the Marshfield utility grid.

Wisconsin 199
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Power plant capital costs. The market would focus, consolidate and find some very innovative ways to produce low-cost clean energy.

Renewable 220
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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5

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PwC industry survey provides check-up on determining factors for EV success

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Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.

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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 funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage.

Financing 150