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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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The project is strategically located in the Tehachapi Wind Resource Area that is projected to generate up to 4,500 MW of wind energy by 2016. The demonstration project is funded by SCE and federal stimulus money awarded by the Department of Energy as part of the American Recovery and Reinvestment Act of 2009.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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We have identified specific areas of priority for the wind sector to effectively deliver the overall objective of cost reductions. Research areas including turbine technology, wind energy integration and offshore deployment will be crucial to maximizing future growth. Professor Petersen.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

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Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. Eligible types of renewable energy propertires inlcude: Large and small wind.

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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. Pike Research anticipates that among the various application segments in this market, the integration of renewable energy—primarily wind power—will represent approximately 50% of the total capacity deployed for long duration energy storage. Click to enlarge. Earlier post.).

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Many participants at the conference expect a 30% decline for the year overall.

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Plug-in cars: Moving Forward

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Toyota, the automaker arguably best positioned and most experienced in the ways of electric drive, has scarcely hidden its intention to go slow on plug-ins while touting small incremental mileage gains on the gasoline-only Prius and the green glitz of an optional solar roof. But their dreams haven’t yet been sunk. Such as the $1.1

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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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install a charger. Although EVSE sales have been driven by federal stimulus dollars in 2011–2012, these projects are winding down, so sales will shift to non-publicly funded units. Europe will see the most EVSE installations during the forecast period, just slightly higher than in the Asia Pacific region.

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