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Mitsubishi Heavy to Enter Lithium-ion Secondary (Rechargeable) Battery Business

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The company looks to promote lithium-ion secondary battery business through a company-wide initiative and will begin by incorporating the batteries into its various products, such as forklift trucks and wind turbine power generation systems.

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Ford, Detroit Edison and Extreme Power Working to Build One of Michigans Largest Solar Power Systems at Michigan Assembly Plant; 2 MWh Battery Storage System

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Ford, Detroit Edison and Xtreme Power are teaming up to establish one of Michigan’s largest solar power generation systems and electric vehicle charging stations at Ford’s Michigan Assembly Plant in Wayne, Mich. Ford will work with Detroit Edison to install a 500 kW solar photovoltaic panel system at Michigan Assembly.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion set in 2011. The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 billion of final investment decisions on offshore wind projects in Europe. billion, up 7% on the year but well below its all-time high reached in 2011.

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