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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity. The project secured an up to $398.6-million

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

Green Car Congress

This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ultracapacitors are a key enabler for lowering emissions—we are not competing with lithium-ion batteries and hydrogen fuel cells; we are complementary in improving performance and lowering cost.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

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. Energy storage on the grid is reaching a turning point. Earlier post.).

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Heat Pumps—The Well-Tempered Future of A/Cs

Cars That Think

grid, that plant used a CO 2 -emitting source, then the local problem may be solved, but only at the expense of a more global threat. If air conditioning is going to be climate-friendlier, says Romanin, of Gradient Comfort, “it needs to be smart, talk to the grid, use better refrigerant, and be a heat pump.”

Future 136
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New tax rule could save consumers thousands on home energy tech

My Energi

Earlier this week (11 December), the government announced that VAT relief on Energy Saving Materials (ESMs) in residential buildings will be extended to include home batteries, power diverters and water-source heat pumps from 1 February 2024.

Energy 52
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Tesla has installed the Powerwall 250,000 times

Teslarati

CEO Elon Musk said during a legal case in Delaware regarding the acquisition of SolarCity that Tesla would produce between 30,000 and 35,000 units in Q3. The Powerwall essentially acts as a battery for residential buildings. Demand stood at around 80,000 units. I’d love to hear from you!

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Two-way EV Charging – The Future of Electric Vehicle Power

Driivz

Two-way EV charging will reduce that even further- using EV batteries to power homes (vehicle-to-home V2H), buildings (vehicle-to-building V2B) or feed it back to the grid with vehicle-to-grid (V2G) technology. Policy makers, regulators, and power industry players must create the environment for V2G to happen.