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Electrify America unveils its first application of megawatt-level energy storage

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Electrify America recently unveiled its first application of a megawatt-level battery energy storage system (BESS) for electric vehicle (EV) charging stations, building upon the company’s existing BESS installations at more than 150 stations across the US, including more than 100 installations in California.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. The launch of Rimac Energy marks a major milestone for the company, as it expands beyond market-leading EV technology and introduces innovative stationary energy storage systems.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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Researchers use quantum computing method to optimize molecular photoswitches for solar energy harvesting

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Molecular photoswitches that can both convert and store energy could be used to make solar energy harvesting more efficient. The procedure was based on a dataset of more than 400,000 molecules, which the researchers screened to find the optimum molecular structure for solar energy storage materials.

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Hyundai Home officially launching in 16 states; solar, energy storage and charging

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Hyundai Home gives homeowners in select states an easy way to produce, store, and use their own energy to power their lives at home and on the road. Hyundai has partnered with Electrum to develop a one-stop online marketplace to connect homeowners in select states to solar panels, energy storage systems, EV chargers and local installers.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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Hyundai Home ecosystem due in 2022 will cover solar, charging, energy storage

Green Car Reports

Hyundai recently unveiled a coordinated home-energy ecosystem, bundling EV charging, solar, and home energy storage. It's scheduled to launch in certain markets in 2022. Dubbed Hyundai Home, the service will provide one-stop shopping for these products to Hyundai customers, the automaker said in a press release.