article thumbnail

Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

Green Car Congress

According to a new report from Pike Research, worldwide installed revenues for stationary energy storage systems for the electricity grid will grow at a strong pace in the coming decade, increasing from $1.5 Worldwide installed revenue opportunity by energy storage on the grid (ESG) technology, 2010-2020.

Li-ion 199
article thumbnail

Renault Trucks and Nestlé Switzerland partner on all-electric medium-duty refrigerated truck

Green Car Congress

The electric truck features a 103 kW motor and two Li-ion packs with a total capacity of 170 kWh. These vehicles can reach a maximum speed of 90 km/h (56 mph) and have a system of recovering energy during braking. This will provide sufficient energy to run the equivalent of some 30 electric trucks for a year.

article thumbnail

BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

Green Car Congress

The battery storage system also includes a voltage converter and power electronics to manage the energy flow between renewable energy sources, the house interface, and the Li-Ion high-voltage battery from the BMW i3. The system has been designed to be integrated into the house energy supply chain. ChargeForward.

article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

CalSEED is funded through the CEC’s EPIC program, which invests approximately $120 million annually for innovative clean energy technologies and approaches benefiting the ratepayers of California’s three largest electric investor-owned utilities. Details of the 28 companies awarded a total of $4.2 Leap Photovoltaics Inc.

Clean 371
article thumbnail

Elcora acquires vanadium sites in quest to further position in battery technologies

Green Car Congress

Elcora’s methodology in processing, along with mining and battery experience, creates an opportunity to leverage battery metals and minerals critical to energy storage applications. Vanadium’s role in the growing energy grid storage will increase over the coming years. Therefore, the need for energy storage is crucial.