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

Green Car Congress

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. Puxing Energy, a wholly-owned subsidiary of China Wanxiang Holding Co.,

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A123 Systems to supply 2MW Li-ion energy storage system to Ray Power for frequency regulation in China

Green Car Congress

A123 Systems will supply a 2MW grid Li-ion energy storage system to Ray Power Systems Co. a Chinese company focused on developing the frequency regulation market and relevant technologies. —Robert Johnson, vice president of the Energy Solutions Group at A123. —Eldon Mou, CEO of Ray Power.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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5 Big Ideas for High-Temperature Superconductors

Cars That Think

But the materials could show up sooner in a wide array of practical applications, including wind power, energy storage, and nuclear magnetic-resonance machines. The stored energy increases as the square of the magnetic field—that is, with each doubling of the field strength, the system can store four times as much energy.

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Two-way charging is becoming increasingly popular among EV owners

Setec Powerr

On the other hand, the two-way charging technology will further promote the transition of cars to clean energy while redefining the functions and application scenarios of electric vehicles. As freezing winds blow across his construction site in northern China every morning, Liu Jianhong gathers his workers for hot tea.