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Lux predicts energy storage market will hit $546B by 2035

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The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Residential storage has a CAGR of 76% and $8 billion revenue increase over the next three years, followed by personal mobility with a CAGR of $49% and $4.6 billion revenue in 2019.

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Johnson Controls endowing University of Wisconsin System for energy storage research

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is endowing a professorship, research labs and graduate studies in energy storage at the University of Wisconsin-Madison and the University of Wisconsin-Milwaukee. Part of the funding will support the creation of The Johnson Controls Energy Storage Research Lab at UW-Madison. Johnson Controls, Inc.

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NAATBatt Coalition recommends deployment of up to 300 GWh of distributed energy storage systems by 2022

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A coalition of 13 leading industrial companies and electric utilities, including General Motors Company, The Dow Chemical Company and Duke Energy, issued a white paper recommending the installation of up to 300 GWh of distributed energy storage (DES) systems around the country by 2022.

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Mercedes-Benz Trucks opens charging park for customers in Wörth

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At the same time, the eTruck Charging Park also tackles important issues such as grid connection, local energy generation, energy storage, and intelligent management of charging processes. One focus of the eTruck Charging Park is on personal customer consulting, known as eConsulting.

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Ionic Materials raises $65M in Series C; polymer electrolyte for solid-state batteries

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—Bill Joy, personal investor and a founding member of the Ionic Materials Board of Directors. (As Through this approach, it will reach the broadest market segments and establish a complete ecosystem of cell manufacturers serving the consumer electronic, electric vehicle and energy storage markets.

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Solaris to introduce 15m electric bus this year; urban and inter-city

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The decision to build a new bus was triggered not only by market interests, but also by the technical progress with regard to electric buses, and in terms of energy storage in particular. The passenger seating capacity will amount to 55 persons for class II vehicles.

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Peterbilt showcases 2012 Technology Truck; Li-ion pack for hotel loads/AC

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Peterbilt Motors Company showcased its Model 587 Technology Truck at the Mid-America Trucking Show, including several emerging technologies that focus on advanced aerodynamics, fleet maintenance efficiency, personal connectivity, and next-generation energy storage. The system has the unique ability to do this with a 250 lb.

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