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Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5
says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. The company has concentrated so far on zinc chloride and lithium batteries, but the Smart NanoBattery can accommodate any chemistry using a liquid electrolyte, depending on requirements.
The 32 MWh battery energy storage system features lithium-ion batteries from LG Chem housed inside a 6,300 square-foot facility at SCE’s Monolith substation in Tehachapi, Calif. 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 US Army sought high-tech batteries to perform in desert conditions, said Ovan, adding that the company was disappointed when Firefly failed to get a share of the $2 billion distributed by the federal government - part of the stimulus package - for advanced battery research.
Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5
Greentech Media reports that lithium-ion startup Imara has ceased operations, due to a lack of funding. “It certainly did not help that hundred of millions in DOE stimulus funds went to two Korean companies and one French company, Saft,” wrote Neal Maguire, vice president of business development.
a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Boston-Power, Inc.,
The BIC is already beginning several research projects: A Cooperative Research and Development Agreement (CRADA) project with partner NSWC Crane focused on the development and prototyping of next generation Lithium-ion cell designs. In addition, the BIC has significant government partners including NSWC Crane and Argonne National Lab.
International Battery (IB), a US manufacturer and developer of large-format lithium-ion rechargeable batteries, has been chosen as the battery system provider for the first-of-its-kind Community Energy Storage (CES) systems, developed by S&C Electric Company for American Electric Power (AEP).
Located in the Shanghai Corridor and scheduled for completion by the end of 2012, the facility will be capable of producing 400 MWh of lithium-ion battery cells annually. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '.
The expansion was supported by a $249 million federal stimulus US Department of Energy grant designed to accelerate the manufacturing and deployment of the next generation of batteries for plug-in hybrid and all-electric automobiles.
US-based Ener1 is creating a European Division and has appointed Ulrik Grape, a veteran of the lithium-ion business, as President of Ener1 Europe. Through its subsidiary EnerDel, it designs, develops and manufactures, advanced high energy density, lithium-ion batteries.
With an initial focus on the automotive market, Dow will sell advantaged materials that will enable manufacturers of rechargeable lithiumion batteries to produce batteries with extended run times, increased power and operational life, with equal or enhanced safety performance than what is commercially available today.
The tests help to determine how much abuse lithiumion batteries can safely handle, including being crushed, pounded with nails and heated to boiling hot temperatures. million economic stimulus package to further develop the nation’s efforts in clean energy and efficient technologies across seven DOE national laboratories.
a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing. Earlier post.).
In early demonstration testing the car is getting up to 80 miles per gallon and travels 40 miles on electric power before the Capstone turbine generator starts up and charges the lithiumion batteries. billion outlined in the stimulus fund to get more electric vehicles on US roads.
Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Novolyte received in 2009 a $20.6-million Novolyte received in 2009 a $20.6-million
Lithium-ion battery company Valence Technology Inc. is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Statesman.com. Valence currently does most of its production in China. Earlier post.].
Acting as a stimulus, the nickel foil self-regulates the battery’s temperature and reactivity which allows for 10-minute fast charging on just about any EV battery, Wang explained. 2022) “Fast charging of energy-dense lithium-ion batteries.” Wang and his team decided to instead regulate the temperature from inside the battery.
This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. Li-ion batteries.
DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. Developments that were negative for global gasoline demand included : Rapidly falling lithium-ion battery prices, and steepening expected cost reduction curves for both batteries and electric drive components. Click to enlarge.
and California-based Coda Automotive have entered into a joint venture (Coda Battery Systems LLC) to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States. one of largest suppliers of lithium-ion batteries in the world. Connecticut-based Yardney Technical Products, Inc.
The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. We really believe that lithium provides power, sodium provides storage and the combination of these two technologies will find great fits, perhaps even in plug in electric vehicles over time. Earlier post.).
The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina.
The State of Texas will submit a bid to become the headquarters for an advanced battery consortium that is seeking $1 billion in Federal stimulus money to develop technology for the next generation of hybrid electric vehicles. which makes lithium-ion batteries, and the Massachusetts Institute of Technology; Johnson Controls Inc.,
Odyne’s hybrid technology combines electric power conversion, power control and energy storage technology with Remy electric propulsion motors, modular Johnson Controls lithium-ion battery systems and other automotive-quality components. The Terex Commander 4042 digger derrick features a DUECO, Inc. ComEd received a $1.5
As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million in 2007.
Powered by Tesla Motors’ lithium-ion batteries, the chassis is 100% electric, including the HVAC system. The all-electric chassis also was initiated before stimulus money and federal grants were available for alternative-fuel transportation projects.
PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. Click to enlarge. Earlier post.). Many companies plan to build large facilities capable of supporting future volume, but initial machinery capex will remain relatively small.
A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan.
The two promotional initiatives are part of the German federal government’s second economic stimulus package. The high-performance and durable lithium-ion traction batteries are located beneath the load compartment floor. The electric engine, power electronics, converter and AC/DC charger are housed beneath the hood.
ZAP and Jonway partnered on the production of an electric version of the compact 5-door Jonway A380 SUV, integrating AC propulsion and lithium-ion battery system technologies to produce a mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. The conventional A380 is powered by a 1.6-
Advanced lithiumion batteries, sodium sulfur (NaS) batteries, and compressed air energy storage (CAES) are other key technologies that will be utilized for bulk storage applications during the forecast period. 2010 vs 2011 forecasts. This means that we will need 3x more battery capacity investments to meet 2020 EV demand.
If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.
It should be noted that the projected technology roadmap for rechargeable lithium-ion batteries lacks a practical solution to design batteries with high GED, SP and 100 s of MPM (as is typical of internal combustion engine powered vehicles). Structure and function of a smart membrane separator. (A)
Initial investment in the factory will reach $100million with GE also making a submission this week for Federal stimulus dollars from the US Department of Energy. It hopes that with the stimulus funds it can select the exact location and break ground on the plant this year. The GE locomotives are scheduled to be commercialised in 2010.
Honda has yet to announce plans to sell one, citing highcosts for the lithium-ion batteries needed to power them andpoor range. “We Honda, Japan’s second-largest carmaker, last week beganbuilding a lithium-ion battery factory with joint-venturepartner GS Yuasa Corp. millionthis year from $211.9
However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithiumion battery pack is identical. A123Systems will manufacture Nanophosphate Lithiumion prismatic battery cells, modules and battery packs for Chrysler LLC. Apr 22, 2009 - Chrysler invented the minivan 25 years ago.
The Inflation Reduction Act has been an enormous stimulus for the electric vehicle sector in the US. It is underrated. continued] The post Inflation Reduction Act Drives $92 Billion Investment In EV Production, 84,000 Jobs In USA appeared first on CleanTechnica.
GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
The Three Prongs of the “Green&# Energy Stimulus Pa. People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T 2) Chevy Volt (2) China (2) ECOD3.SA
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