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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. EnergyX) ( earlier post ).

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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through its US subsidiary EnerNOC, has acquired California-based eMotorWerks, a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities.

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Thermal Solar Goes Where PVs Can’t

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Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Atacama Desert, Chile The US $1.4 When completed in late 2022, Noor Energy 1 will be the world's largest CSP project.

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Atacama Desert, Chile The US $1.4 When completed in late 2022, Noor Energy 1 will be the world's largest CSP project.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 BNEF’s analysis shows that companies, governments and households invested $303.5 Other areas of energy transition investment also showed strength. Renewable energy investment.

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Rough road for EV industry

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The company in March announced multiple price increases including its most affordable electric car, the Model 3 RWD—once touted at $35K—now has an eye-popping price tag of $46,990. The company shut down orders after reaching 200,000 units, citing a shortage of lithium-ion batteries.