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Cummins invests $24M in flow battery leader VoltStorage

Green Car Congress

Cummins has invested $24 million in Germany-based VoltStorage, a developer of stationary flow batteries. The company says that it has the largest fleet of operating flow batteries in the world. By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage.

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Qatar invests $125M in energy storage company Fluence

Green Car Congress

Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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SMUD Board of Directors adopts climate emergency declaration; carbon neutrality by 2030

Green Car Congress

The SMUD (2020 Sacramento Municipal Utility District) Board of Directors adopted a climate emergency declaration that commits to working toward an ambitious goal of delivering carbon-neutral electricity by 2030.

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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

Vattenfall and the BMW Group have signed a contract for the delivery of up to 1,000 lithium-ion batteries this year. The batteries—each with a capacity of 33 kWh—are equipped with a BMW-owned battery management system and are also used by the car manufacturer in the BMW i3. With a capacity of 3.2 Earlier post.).

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US DOE releases Grid Energy Storage report

Green Car Congress

The US Department of Energy (DOE) released its Grid Energy Storage report to the members of the Senate Energy and Natural Resources Committee. of total electric production capacity) of grid storage, 95% of which is pumped storage hydro. Europe and Japan have notably higher fractions of grid storage.

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New wind farm and Tesla Megapack projects may reduce Australian coal use

Teslarati

An upcoming Tesla Megapack project and a new wind farm may help Australia reduce its use of coal power. However, as the country attempts to move away from coal due to air quality and climate change concerns, it has been forced to use a combination of technologies. billion) wind power project and a $150 million (USD 97.4

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US wind generation fell in 2023 for the first time since the 1990s

Baua Electric

Annual US power generation from wind turbines declined in 2023 for the first time since the mid-1990s – here’s why. gigawatts (GW) of new wind capacity last year, but data from the US Energy Information Administration’s “ Power Plant Operations Report ” show that US wind generation in 2023 totaled 425,235 gigawatt-hours (GWh) – 2.1%

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