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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts. Founded in 2001, A123 Systems develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid and consumer markets.

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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. Energy storage on the grid is reaching a turning point. Earlier post.).

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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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International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

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International Battery (IB), a US manufacturer and developer of large-format lithium-ion rechargeable batteries, has been chosen as the battery system provider for the first-of-its-kind Community Energy Storage (CES) systems, developed by S&C Electric Company for American Electric Power (AEP).

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

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The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The alternative motor vehicle credit is not allowed against the alternative minimum tax.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

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DOE awards more than $145M for advanced solar technologies under SunShot Initiative

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Solar Energy Grid Integration Systems: Advanced Concepts: Eight projects to receive $25.9 These projects will develop electronics and build smarter, more interactive systems and components so that solar energy can be integrated into the electric power distribution and transmission grid at higher levels.

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