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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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How Automotive Dealerships Can Save Money with Battery Energy Storage

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federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

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The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. Funded at $2.3

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 ReVolt says that the $6.8

Zinc Air 230
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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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The amount is just a fraction of the estimated $35 trillion needed to be spent on the energy transition by 2030, according to the International Renewable Energy Agency. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Manufacturing the additional 2.7

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

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Revolt’s zinc-air technology offers up to three times the energy density on a volumetric basis and twice on a gravimetric basis of lithium-ion, according to the company. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

Zinc Air 210
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Oak Ridge National Laboratory Selects Four Companies for Collaborative Advanced Battery Research; 4 CRADAs with A123, Dow Kokam, Porous Power and Planar Energy

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Oak Ridge National Laboratory has selected four companies selected through a competitive-solicitation process to collaborate in a US Department of Energy research-and-development initiative at Oak Ridge National Laboratory (ORNL) to address energy-storage challenges presented by lithium-based batteries.