Remove 2010 Remove Grid Remove Stimulus
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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. 2010 vs 2011 forecasts.

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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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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 credit terminates after 2009, 2010, or 2014, depending on the type of vehicle.

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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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Starting in April 2010, the NUMMI workforce would be retrained in electric car manufacturing while the plant is retooled and the final engineering of the vehicle is completed, with the first car scheduled to come off the line within 2 years. The PEP station concept is not compatible with the Better Place system.

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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 Earlier post.)

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ABB invests $10M in ECOtality

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The partnership brings together ABB’s experience in smart grids, renewable energy and reliable, efficient power networks, with ECOtality’s leadership in North America’s growing market for electric vehicle infrastructure. The Blink DC Fast Charger, introduced in October 2010, is capable of providing a full charge in less than 30 minutes.

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The first application will be GE’s hybrid locomotive, which will be commercialized in 2010. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.). Battery Requirements for Hybrid Locomotives. 1,000 kWh useable energy. high utilization. Earlier post.).

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