1. 1-13 of 13
    1. Energy Storage for the Grid is Expected to Reach $15.6 Billion in Annual Revenue by 2024

      Energy Storage for the Grid is Expected to Reach $15.6 Billion in Annual Revenue by 2024

      A new report from Navigant Research analyzes the global market for utility-scale energy storage for both bulk and ancillary service applications. Developing energy storage that is viable for grid applications has been a goal of vendors and grid operators for a number of years. Recently a number of factors have begun to converge to bring that goal close to fruition. According to a new report from Navigant Research, worldwide revenue from energy storage for the grid and ancillary services is expected to grow from $675 million annually in 2014 to $15.6 billion in 2024.

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    2. Customized Energy Solutions Announces Multi-Year Agreement with RES Americas

      Customized Energy Solutions Announces Multi-Year Agreement with RES Americas

      Customized Energy Solutions (CES) has signed a multi-year agreement with Renewable Energy Systems Americas (RES Americas) to provide operations and dispatch support in optimizing their energy storage projects in the United States and Canada. This partnership will enable RES Americas to continue to expand its base of energy storage devices throughout North America.

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      Mentions: U.S.
    3. Wanxiang and NEC to Form Joint Venture for Grid Energy Storage in China

      Wanxiang and NEC to Form Joint Venture for Grid Energy Storage in China

      China Wanxiang Holding announced today the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. The joint venture, 51% held by Wanxiang and 49% held by NEC, is scheduled to begin initial business activities later this year. Its formation is an important element of the recently announced NEC acquisition of A123 Energy Solutions, a global leader in grid-scale energy storage systems for applications ranging from grid stabilization services like frequency response to the grid integration of renewable power sources such as wind or solar.

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      Mentions: China Hong Kong A123
    4. CODA Energy to Help Curb Utility Expenses with Princeton Power Systems

      CODA Energy to Help Curb Utility Expenses with Princeton Power Systems

      CODA Energy Holdings has selected Princeton Power Systems, Inc., a global leader in design and manufacturing of technology products and embedded software for energy management and micro-grid operations, to supply power inverters along with its energy storage product to help curb utility expenses for commercial office buildings in six major market areas.

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      Mentions: CODA Princeton
    5. PowerGenix and Amperex Technology Launch Partnership

      PowerGenix and Amperex Technology Launch Partnership

      PowerGenix, a leading developer of high performance, rechargeable Nickel-Zinc (NiZn) batteries, announced today that it has signed a Memorandum of Understanding (MOU) with Asian battery manufacturer Amperex Technology Co. Ltd. (ATL). ATL will become PowerGenix’s partner for the high-volume manufacturing of NiZn batteries for the worldwide start-stop Automotive and Industrial energy storage markets.

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    6. Fraunhofer establishes energy innovation center at the Univ of Connecticut (includes storage)

      Fraunhofer establishes energy innovation center at the Univ of Connecticut (includes storage)

      The Fraunhofer Center for Energy Innovation (CEI) at the University of Connecticut is to develop advanced technologies related to energy storage, fuel cells, in-stream hydro, power management and distribution through contract research.


      Read more here: http://www.heraldonline.com/2013/07/25/5053653/fraunhofer-center-for-energy-innovation.html#storylink=cpy
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    1-13 of 13
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