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Lux predicts energy storage market will hit $546B by 2035

Green Car Congress

The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Mobility applications remain the long-term growth and demand driver for energy storage through 2035, with personal mobility devices expected to increase to $43.7

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BYD helping light up Las Vegas with renewables using massive 543 MWh energy storage system

Electrek

BYD has announced plans to implement a 543 MWh Cube Pro liquid-cooled energy storage system (ESS) in Las Vegas, expected to begin commercial operation before year’s end. more… The post BYD helping light up Las Vegas with renewables using massive 543 MWh energy storage system appeared first on Electrek.

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How hydrogen-powered light commercial vehicles will revolutionise the transport industry

Innovation News Network

Innovation News Network brings you the ultimate guide to zero-emission, hydrogen-powered light commercial vehicles. The post How hydrogen-powered light commercial vehicles will revolutionise the transport industry appeared first on Innovation News Network.

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Prototype light metro electric trainset with supercapacitor energy storage

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CSR Zhuzhou Electric Locomotive introduced a prototype light metro electric trainset which uses banks of supercapacitors for energy storage. The company foresees commercial production by 2014, with target markets being more than 100 smaller and medium-sized Chinese cities, as well as for the export market.

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Faraday Institution to award up to £55M to five consortia for energy storage research

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The new projects in four focus areas join the existing Faraday Institution research projects that collectively aim to deliver the organisation’s mission to accelerate breakthroughs in energy storage technologies to benefit the UK in the global race to electrification. Next generation sodium ion batteries–NEXGENNA.

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ARPA-E to award $30M for next-gen storage to electrify aviation, rail and shipping: PROPEL-1K

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The US Department of Energy (DOE) announced up to $30 million in funding ( DE-FOA-0003162 ) to develop next-generation, high-energy storage solutions to help accelerate the electrification of the aviation, railroad, and maritime transportation sectors.

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SolarCity introduces energy storage for businesses; Tesla battery technology

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SolarCity has unveiled a smart energy storage system to address rising utility demand charges and increasing grid outages affecting businesses. SolarCity’s commercial storage system regulates the amount of electricity that organizations need from the grid during peak periods, reducing exposure to demand charges.