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Dow to produce advantaged materials for energy storage; initial focus on automotive

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The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. Estimates of the energy storage industry project growth from $24 billion today to $74 billion by 2020, with the largest growth opportunity in the automotive market.

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International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

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International Battery (IB), a US manufacturer and developer of large-format lithium-ion rechargeable batteries, has been chosen as the battery system provider for the first-of-its-kind Community Energy Storage (CES) systems, developed by S&C Electric Company for American Electric Power (AEP).

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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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Installed revenue by ESG technology, worldwide. 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. Technology costs. Energy storage on the grid is reaching a turning point.

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Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

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A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion. Volvo Truck Corp.

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Battery Innovation Center opens in Indiana

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The Battery Innovation Center (BIC), launched by Energy Systems Network, opened today at the Naval Surface Warfare Center (NSWC) Crane in Indiana. The BIC is a critical affiliate of Argonne’s Lead Joint Center for Energy Storage Research (JCESR). After receiving $15.6

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Foosung Co., and its leaders. Novolyte received in 2009 a $20.6-million

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Materials Company EnerG2 Breaks Ground on Plant for Ultracap Electrode Materials

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Seattle, Washington-based EnerG2 , a seven-year-old company focused on introducing advanced nano-structured materials for next-generation energy storage, broke ground on its first facility dedicated to the commercial-scale production of synthetic high-performance carbon electrode material for use in ultracapacitor energy storage devices.

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