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Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

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Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research.

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China’s State Grid and BYD launch 36 MWh battery system for grid energy storage

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BYD and the State Grid Corporation of China (SGCC) have finished construction on what may be the world’s largest battery energy storage station. The State Grid system is demonstrating a stable solution for transferring vast amounts of renewable electricity safely to the grid on an unprecedented scale.

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AREVA and Schneider Electric sign a strategic partnership agreement on grid energy storage using hydrogen fuel cells

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AREVA and Schneider Electric have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology. AREVA will provide the Greenergy Box , an energy storage solution made with an electrolyzer and fuel cell. This technology has been operational since 2011.

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Daimler enters stationary energy storage market with ACCUmotive battery systems; 500 kWh unit already on line for grid stabilization

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Daimler is entering the commercial and residential stationary energy storage system (ESS) market with its wholly-owned subsidiary Deutsche ACCUmotive. Daimler’s first industrial-scale lithium-ion unit is already on the grid and is being operated by the partner companies The Mobility House AG and GETEC Energie AG.

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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. Electric grids require balance in order to function properly. Earlier post.).

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Altairnano awarded 3-year lease for 1.8 MW grid energy storage system

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MW/300 kWh energy storage system. The system will be leased by Energy Storage Holdings, LLC, a unit of a major US-based energy company. The ALTI-ESS and ALTI-ESS Advantage will both be offered for the electric grid market based upon application requirements. Altair Nanotechnologies Inc.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

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