article thumbnail

MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

Green Car Congress

The company anticipates making $80 million in capital expenditures in Massachusetts to build up its manufacturing and R&D capabilities there by the end of 2014. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

Grid 199
article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

article thumbnail

SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

Green Car Congress

Southern California Edison (SCE) opened the largest battery energy storage project in North America—the Tehachapi Energy Storage Project—to modernize the grid to integrate more clean energy. This installation will allow us to take a serious look at the technological capabilities of energy storage on the electric grid.

article thumbnail

International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

Green Car Congress

International Battery (IB), a US manufacturer and developer of large-format lithium-ion rechargeable batteries, has been chosen as the battery system provider for the first-of-its-kind Community Energy Storage (CES) systems, developed by S&C Electric Company for American Electric Power (AEP). The requirements for CES are very demanding.

article thumbnail

California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

article thumbnail

Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

Green Car Congress

The trucks are used for construction and maintenance of the Marshfield utility grid. will be putting a new Terex TCX60 boom and fiberglass body on a Navistar chassis with the Odyne hybrid system into action in their community for the construction and maintenance of the utility grid. The Lake Mills Unit of Wisconsin Public Power, Inc.

Wisconsin 199
article thumbnail

EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5 Earlier post.) Earlier post.)

Indiana 186