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V2X company Fermata Energy raises $40M in recent round

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Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

Energy 225
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ABB opens new plant for battery systems for mobility applications in Baden

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ABB officially opened a new plant for energy storage systems for mobility applications today in Baden, Switzerland. The energy storage systems will be used in railways, e-buses/trolleybuses and e-trucks. ABB has already received orders for energy storage systems from several vehicle manufacturers from different countries.

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Mass. startup licenses PNNL’s vanadium redox flow battery technology

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A Massachusetts startup has signed a license agreement with Battelle to commercialize battery technology that can help store large amounts of renewable energy and improve the reliability of the nation''s power grid. based WattJoule Corporation will advance the commercial use of redox flow battery technology.

Battery 247
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Panasonic to begin mass-production of long-life Li-ion battery system for solar-powered homes in Europe

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Panasonic Corporation will begin mass- production this month of a compact, secure and long-life lithium-ion battery system the company has developed for European homes. It will also enable households to reduce the dependence on grid power and facilitate the further spread of green energy.

Li-ion 225
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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says.

Wind 306
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. This is an important step forward for Liquid Metal Battery Corporation.

MIT 210
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Burns & McDonnell develops bi-directional fast chargers for SPIDERS program

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The bidirectional charging units are capable of providing up to 300 kW of power to plug-in electric vehicles and also can discharge a like amount of stored energy from the vehicle batteries to the grid or microgrid via Society of Automotive Engineers (SAE) standard J1772-compliant bidirectional charging cables.

Grid 218