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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. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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DOE awards more than $145M for advanced solar technologies under SunShot Initiative

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The projects announced today under DOE’s SunShot Initiative will spur American innovation to help reduce the costs of clean, renewable solar energy and re-establish US global leadership in this fast growing industry. Solar Energy Grid Integration Systems: Advanced Concepts: Eight projects to receive $25.9

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PwC industry survey provides check-up on determining factors for EV success

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Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.

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Battery Innovation Center opens in Indiana

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The BIC will leverage Indiana’s public and private sector assets in advanced battery technologies to create a center of excellence that will meet the research and development, rapid prototyping and contract manufacturing needs of industry, academic and military customers. After receiving $15.6

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

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The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The alternative motor vehicle credit is not allowed against the alternative minimum tax.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Power plant capital costs.

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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. The initial investment in the factory will be $100 million. The batteries have some 30 patents associated with them, with more coming, Little said. Earlier post.).

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