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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.).

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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. Johnson Matthey, Billingham, UK Enabling Autonomous Wind Plants through Consensus Control, $250,000 RES Group, Broomfield, Colo. Louis , Mo. San Jose, Calif. Sunrun, San Francisco, Calif. Vitriflex Inc., San Jose, Calif. Raleigh, N.C.