article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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.

article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

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.).

article thumbnail

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). Five months ago.

Financing 150
article thumbnail

A New Wildfire Watchdog

Cars That Think

In the case of the 2017 Tubbs Fire, the 2018 Camp Fire, and the 2020 August Complex Fires, high winds blasted flames through populated areas in the early morning hours while residents were sleeping. Once the stimulus is removed, the metal finger reverts to its original shape and the switch opens.

article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

As high officials of CalEPA and CARB got wind of Chu’s analysis of H2 and FCVs, they reportedly went to DC and lobbied furiously if unsuccessfully to pull him back. Energy” companies are poised to receive the lion’s share of $50 million dollars to install a few more H2 filling stations. But their dreams haven’t yet been sunk.

Plug-in 100