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Total to acquire battery-maker Saft in US$1.1-billion deal

Green Car Congress

The offer values the company at nine times its 2015 reported EBITDA, which represents a significant control premium compared to recent valuation multiples in the battery industry. The combination of Saft and Total will enable Saft to become the Group’s spearhead in electricity storage. The offer price represents a 38.3%

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ARPA-E issues $100M OPEN funding opportunity announcement to support early-stage energy R&D

Green Car Congress

The US Department of Energy (DOE) announced up to $100 million in funding for new projects as part of the Advanced Research Projects Agency-Energy’s (ARPA‑E) latest OPEN funding opportunity. ( DE-FOA-0001858 ) ARPA-E issued previous OPEN solicitations in 2009, 2012, and 2015. Non-battery storage for transportation.

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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

Green Car Congress

Pending on a final investment decision the largest battery storage will be built at the Vattenfall wind farm Pen y Cymoedd (230 MW) in South Wales—a 22 MW storage facility, which will help to support the stability of the country-wide power grid in the UK as part of the so-called EFR (Enhanced Frequency Response) service.

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PHEVLERs are the Zero CO2 Clean Green Machines of the Future

Green Car Congress

These vehicles are the green machines that will provide a critical part of the renewable and sustainable society that we need for the future. [ PHEVLERs use liquid fuel occasionally when the vehicle needs to travel distances beyond its electric driving range. PHEVLERs help support the electric grid. About the authors.

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

Green Car Congress

The remarkable advantage for BMW customers in using BMW i3 batteries as a plug and play storage application is the ability to tap into an alternative resource for residential and commercial backup power, thus using renewable energy much more efficiently, and enabling additional revenues from the energy market. BMW i 360° Electric.

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BMW i ChargeForward Program to demo contribution of intelligent EV charging to grid efficiency

Green Car Congress

Working with a select group of BMW i3 drivers, BMW i ChargeForward will demonstrate how intelligent management of electric vehicle charging can contribute to improved electric power grid efficiency while reducing total cost of electric vehicle ownership. Program participation. BMW i Home Charging Services.

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SAE technical experts: fuel cell technology has advanced significantly, FC vehicle production has begun, further cost reductions & infrastructure development required

Green Car Congress

The panel, moderated by Jesse Schneider, BMW, included Takashi Moriya, Senior Chief Engineer at Honda R&D; Dr. Takashi Moriya, Senior Chief Engineer at Honda R&D, re-iterated Honda’s strategic focus on electrification as the main pathway toward reducing greenhouse gases, and shift to renewable sources of energy. James said.

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