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EnerDel, ITOCHU Announce Second Smart Grid Battery Storage Project

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US-based lithium-ion battery producer EnerDel is partnering with the real estate arm of Japan’s industrial trading giant, ITOCHU Corporation, to develop and produce the advanced battery systems for a residential smart grid energy storage project to be installed in a major apartment building near Tokyo. Earlier post.). Earlier post.).

Grid 218
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Lithium-Ion Battery Maker Ener1 Receives $20M Strategic Equity Investment from ITOCHU

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has received $20 million in fresh investment capital from ITOCHU Corporation, a long-term strategic partner of and current investor in Ener1. Large-format lithium-ion battery maker Ener1, Inc. ITOCHU, which began its strategic relationship with Ener1 in 2003, purchased 3.2 million shares of common stock from Ener1 at a price of $6.18

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Quanex Building Products Corporation, Houston, Texas SCP SYS LLC, San Francisco, Calif. Fusion Joining of Thermoplastic Composites Using Energy Efficient Processes, $150,000 GE Global Research, U.S., Accelerated Data Analytics for Power-system Time-series (ADAPT), $600,000 Bonneville Power Administration, Portland, Ore.

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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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The project will develop an innovative approach to harvesting hydrokinetic energy in the challenging environment of the Alaskan wilderness, with broader application to shallow streams throughout the United States and globally. DOE Funding: $142,000. Total Project Value: $179,000. DOE Funding: $400,000. Total Project Value: $531,000.

Mariner 210
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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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At a renewable energy conference in February of this year Doug Berven, the director of Corporate Affairs at ethanol producer POET, shared the following capacity projections for the ethanol business: At the beginning of this year the industry had 12.1 All of these issues are contributing to excess capacity in the industry. Earlier post.).