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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

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Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June, 2014.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).

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US DOE Awards More than $47M in Recovery Act Funding to Advance Smart Grid Development; New Smart Grid Report and Smart Grid Clearinghouse

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The US Department of Energy delivered more than $47 million in funding under the American Recovery and Reinvestment Act for eight projects to further smart grid demonstration projects in seven states. The $47 million in new Recovery Act awards will support existing projects that are advancing demonstration-scale smart grid technologies.

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Green Crossover Project in Japan Showcases Li-ion Stationary Storage for EV Charging; EnerDel Providing Packs for Vehicles and Stationary Storage

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Itochu Corporation, Mazda, Family Mart, EnerDel and 11 other partners have launched a 3-year project in Tsukuba City, Japan—the “Green Crossover Project”—designed to showcase a real-world integration of the smart grid, stationary lithium-ion grid storage, electric vehicles, rapid recharging and renewable energy technologies.

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California Energy Commission awards almost $1.6M for energy research projects; $600K to Seeo for solid-state Li-ion grid-storage battery system

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The California Energy Commission has awarded $1,585,490 to spur research on projects including a solid-state Li-ion battery system for grid-scale energy storage. The project is intended to help validate the performance advantages of the company’s technology for use in grid-tied energy storage and community energy storage—i.e.,

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MHI delivers large-capacity Li-ion energy storage system for advanced microgrid study and verification testing at Shimizu Corp.

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The institute, a technology arm of Shimizu Corporation, a major Japanese construction firm, is presently conducting advanced studies, including verification testing, into various technological areas, including microgrids, which are a localized power management system, and smart BEMS (building and energy management system).

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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