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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

The awardees went through a rigorous process including a review with CalSEED’s curated technical advisory committee, who volunteered their time and expertise to select the most promising future clean energy technologies. This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid.

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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

Green Car Congress

US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), or 5,769 MMT CO 2 Eq. or 5,769 MMT CO 2 Eq.

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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

Green Car Congress

The California Energy Commission (CEC) approved funding to advance further the development of its pioneering 42 MW peak microgrid and expand electric vehicle charging at the University of California, San Diego (UCSD). The Commission approved a $1.6-million The total Commission funding for the amended agreement is $2,994,298.

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Canada, US and Mexico commit to align light- and heavy-duty fuel efficiency and GHG standards out to 2025 and 2027, respectively

Green Car Congress

A key element of that partnership is a goal for North America to strive to achieve 50% clean power generation by 2025. As part of that effort, the leaders committed to reduce greenhouse gas (GHG) emissions from light- and heavy-duty vehicles by aligning fuel efficiency and/or GHG emission standards out to 2025 and 2027, respectively.

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ARPA-E awards $35M to 12 new projects to support medium-voltage devices for grid, industry and transportation

Green Car Congress

The US Department of Energy announced $35 million in awards for 12 projects that find new ways to harness medium-voltage electricity for applications in industry, transportation, on the grid and beyond. The breaker is designed to protect MVDC systems from electrical faults and expected to respond in 500 microseconds.

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