Remove Legal Remove Li-ion Remove Market Remove Stimulus
article thumbnail

Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

Li-ion manufacturer Ener1, Inc. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. None of Ener1’s foreign or domestic subsidiaries has initiated reorganization cases, and are not expected to be adversely impacted by the legal proceedings.

Li-ion 261
article thumbnail

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

Green Car Congress

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. The firm forecasts that load leveling/peak shifting will represent 31% of the total market, followed by arbitrage (12%) and T&D upgrade deferral (7%).