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

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Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Energy storage on the grid addresses several pressing market needs.

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

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The platform will have algorithms that analyze applicants’ creditworthiness and their eligibility for EV incentives in order to offer them the most affordable EV auto loan on the market. Gridware Inc is developing industrial IOT systems and risk simulation software for utilities that own and maintain electricity distribution grids.

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