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Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

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According to a new report from Pike Research, worldwide installed revenues for stationary energy storage systems for the electricity grid will grow at a strong pace in the coming decade, increasing from $1.5 Worldwide installed revenue opportunity by energy storage on the grid (ESG) technology, 2010-2020.

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Smart Charging: How AI and IoT are Transforming EV Charging

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AI can also monitor the health of charging stations, predicting maintenance needs before they turn into costly repairs or cause downtime thereby enabling EV charger installers to proactively manage and maintain infrastructure with greater efficiency and reduced operational costs.

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AMSC Power Electronics Support Nearly 10% of Global Wind-Generated Electricity

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million US households and represents nearly 10% of the world’s 158,000 MW of wind power installed as of the end of 2009. Recent industry reports forecast further acceleration of wind turbine installations in 2010 and over the next decade in China and other Asian countries. AMSC founder and Chief Executive Officer Greg Yurek.

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Elcora acquires vanadium sites in quest to further position in battery technologies

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Elcora’s methodology in processing, along with mining and battery experience, creates an opportunity to leverage battery metals and minerals critical to energy storage applications. Vanadium’s role in the growing energy grid storage will increase over the coming years.