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Northvolt & Mälarenergi partner to deploy battery energy storage for EV charging

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Northvolt and Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The battery system will provide power output up to 220 kW and a usable energy capacity of 320 kWh. —Emad Zand, President Energy Solutions, Northvolt.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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

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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.

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Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

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Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research.

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South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

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South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. The path to Power Solutions began with TAE solving a power problem for fusion.

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