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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Additional technological benefits include improved cycle life, built-in redundancy for increased availability, as well as competitive material and installation cost.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Thermal Energy Storage Is No Longer Just Hot Air

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The company is building these shipping container systems, which work like giant batteries that store energy as heat and pressurized air , rather than a chemical reaction (Cheesecake’s name is derived from a nerdy acronym for their technology.) Electric cars need lots of batteries, laptops need lots of batteries.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

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(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

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Wanxiang and NEC to form joint venture for grid energy storage in China

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China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. Its formation is an important element of the recently announced NEC acquisition of A123 Energy Solutions.

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Wind-to-Hydrogen Tech Goes to Sea

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Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

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4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

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Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million megawatt-hours per year vs. 3.9

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