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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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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. The launch of Rimac Energy marks a major milestone for the company, as it expands beyond market-leading EV technology and introduces innovative stationary energy storage systems.

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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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Sysco unveils vision for first EV hub: 40 electric tractors and refrigerated trailers; 4MWh ESS and 1.5MW additional solar

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To accommodate the energy demands of this growing fleet, the Riverside site will also feature 4 MWh of battery storage and will increase its solar power generation by an additional 1.5 W&B Service Company – Providing Carrier Transicold Refrigeration equipment and support for Sysco’s EV initiatives.

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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 funding demonstration project to replace natural gas with solar energy for production of Oberon’s rDME fuel; Bullet Steam Accumulator

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The US Department of Energy is funding a demonstration of Sunvapor ’s solar steam and thermal battery technology to lower further the Carbon Intensity (CI) of the renewable dimethyl ether (DME) produced by Oberon Fuels at its Maverick Innovation Center in Brawley, California. —Philip Gleckman, PhD, CEO at Sunvapor

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