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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage

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has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA’s legal advisor in connection with the restructuring is White & Case LLP.

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Bidirectional Charging Management (BCM) research project gets green light; tying in renewables

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This will effectively turn the electric vehicles’ batteries into mobile energy storage devices that can also supply electricity when required. Indeed, it allows parked electric vehicles hooked up to a charging station or wallbox to be used as flexible energy storage devices.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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EC proposes modernizing EU legislation on batteries to enhance sustainability and safety

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Batteries that are more sustainable throughout their life cycle are key for the goals of the European Green Deal and contribute to the zero pollution ambition set in it. They promote competitive sustainability and are necessary for green transport, clean energy and to achieve climate neutrality by 2050. Background.

Batteries 359
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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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Proceeds will also be used to expand the company’s talent pool and invest in R&D to drive continued innovation of its product roadmap and energy management platform. In addition to lowering total operating costs, FreeWire’s integrated battery enables distributed energy services that would otherwise not have existed.

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Coltura: Supreme Court precedent means states can require all new vehicles sold be electric

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Metz and Janelle London finds that state vehicle electrification mandates can withstand legal challenges based on federal preemption if they are based solely on reasons for transitioning to electric vehicles that are within the state's authority. Passage of these bills could create a seismic shift in the US auto market.