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BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

Green Car Congress

Electricity generation from variable renewable electricity sources (VRE) such as wind and solar power has grown rapidly and is expected to continue to do so. However, the distributed, non-synchronous, and weather-dependent nature of the resources causes specific challenges when integrating them into power systems.

Grid 191
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% Investment in solar jumped 29% to $149.6 Challenges.

2014 150
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The difference between lithium iron phosphate and lithium battery

Setec Powerr

Lithium iron phosphate battery refers to the lithium-ion battery with lithium iron phosphate as the cathode material. Energy storage equipment for solar and wind power generation. Transportation power supply. Power storage power. Mobile communication power. New energy storage power.