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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. Rimac Technology is the Rimac Group entity that designs, engineers and produces high-performance EV components and systems to help the industry build hybrid and electric vehicles.

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SwRI opens Energy Storage Technology Center

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Southwest Research Institute has opened a new Energy Storage Technology Center , bringing its diverse scientific research, development and evaluation of energy storage systems under one roof. We now have 10 times the laboratory space devoted to energy storage research and testing.

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SABIC acquires majority stake in carbon nanotube business for energy storage applications

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BDS produces and commercializes MOLECULAR REBAR, a proprietary technology of modified carbon nanotubes that offers potential for enhancing the performance of energy storage applications using lead-acid and lithium-ion batteries. BDS was founded in 2014 as a joint venture between SABIC Ventures US LLC and Molecular Rebar Design.

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DOE to provide $6M for research to develop energy storage technologies for deployment with fossil assets

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has announced up to $6 million in federal funding for cost-shared research and development projects under the funding opportunity announcement (FOA) DE-FOA-0002332 , Energy Storage for Fossil Power Generation.

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GKN acquires Williams Hybrid Power flywheel-based energy storage system business

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GKN plc, the global engineering group, has acquired Williams Hybrid Power Limited (WHP) from Williams Grand Prix Engineering Limited. WHP specializes in the design and manufacture of composite flywheel-based energy storage systems, initially focused on the bus, truck and tram markets. million (US$13.3 Earlier post.).

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Daimler extends stationary energy storage business to US

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Daimler AG is expanding its stationary energy storage business to the US market. Boris von Bormann, US solar industry expert, has been selected as the CEO for the new Mercedes-Benz Energy Americas, LLC. The energy storage concept devised by Daimler Business Innovation provides for a variety of applications.

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NYSERDA awards $1.4M to 6 projects for advanced energy storage technologies; Electromotive and Ioxus for heavy-duty hybrids

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The New York State Energy Research and Development Authority (NYSERDA) awarded a total of $1.4 million to six companies engaged in researching and developing energy storage systems. Funding recipients are all members of the NY Battery and Energy Storage Technology (NY-BEST) Consortium. Eos Energy Storage, $250,000.