Remove 2015 Remove Cost Of Remove Energy Storage Remove Financing
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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

The energy transition is still in its early stages and massive capital deployment is going to be needed in order to meet the goals of industry and policy makers. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

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billion for the US Department of Energy (DOE). billion) above the FY 2015 enacted level. billion (35.8%) science and energy Budget Request, $1.3 billion for applied energy activities, including: $2.72 billion for applied energy activities, including: $2.72 President Barack Obama’s 2016 Budget requests $29.9

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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

Electra Vehicles was founded in 2015 by energy storage expert Fabrizio Martini, following his work with NASA, where he developed a novel battery system for Venus-bound spacecraft. Existing investors LIFTT S.p.A., Club degli Investitori, and BlackBerry Limited also participated in the round.

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Graphene ultracapacitor company Skeleton Technologies secures €4M from KIC InnoEnergy; targeting 20 Wh/kg by 2020

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Skeleton Technologies’ devices are the only ultracapacitors to use a patented graphene material in their manufacture, allowing them to deliver twice the energy density and five times the power density of their competitors, the company said. Energy density. Source: Skeleton , May 2015. Click to enlarge.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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DOE will also advance research and development for sustainable hydropower technologies, as well as technologies that harness energy from wave and tidal resources. DOE will continue to pursue carbon capture and storage technologies as well as nuclear power. watt utility, $2.37/watt watt commercial, and $3.10/watt watt residential scale.

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Proterra beefs up its battery expertise: Q&A CTO Dustin Grace

Charged EVs

The Proterra Energy division offers a turnkey electrification solution for fleets, including financing, charging infrastructure and maintenance. Builders of heavy-duty EVs tend to use the term energy storage system , or ESS, which may consist of more than one battery pack.]. Dustin: I joined Proterra in September 2015.

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