1. 1-17 of 17
    1. Electric Vehicles Sell Power Back to the Grid

      Electric Vehicles Sell Power Back to the Grid

      In the 1990s, Willett Kempton, a professor at the University of Delaware, proposed in a paper that electric vehicles could help pay for themselves by selling power back to the grid. When no one jumped on the idea, he decided to develop the technology himself. Now, the pilot project he spearheaded at the university in conjunction with power-plant operator NRG Energy Inc. brings in roughly $110 a month per electric vehicle. The operation uses software to link a minimum of nine electric vehicles, mostly Mini Coopers, together into a virtual power plant on wheels that can both draw energy from the grid and discharge energy when needed.

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      Mentions: Delaware NRG Energy
    2. Navitas Systems and DuPont to Work Together on Lithium Battery Safety

      Navitas Systems and DuPont to Work Together on Lithium Battery Safety

      Navitas Systems LLC (www.navitassys.com), a leading provider of energy-enabled system solutions, energy storage products, and power electronics for commercial, industrial and government agency customers, announced that it has entered into a joint development agreement with DuPont (NYSE:DD) to evaluate specialized fire mitigation materials which could be incorporated within lithium battery cells and packs.

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      Mentions: DoE Argonne A123
    3. The Future of Energy - Wall Street Journal

      Consider how the energy landscape has changed in the past 20 years. In 1993, the price of oil was a bit over $18 a barrel; it's around $100 a barrel now. In 1993, the life of a cellphone battery was hardly a concern because there were only 34 million cellphone subscribers world-wide, compared with more than 6.8 billion today. The battery for electric cars mattered even less: It would be another three years before the General Motors EV1 went into production and a year after that before the first Prius went on sale in Japan. Wind farms were a novelty, and solar energy barely registered in the statistics.

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      Mentions: Japan GM China
    4. A123 Energy Solutions Expands Global Grid Energy Storage Installations

      A123 Energy Solutions Expands Global Grid Energy Storage Installations

      A123 Energy Solutions ... announced the first commissioning of its Long Duration (LD) Grid Storage Solution in Hawaii for the Maui Electric Company (MECO). The energy storage installation can provide 1MW for up to one hour, and will perform services to increase electric grid operational efficiency, stability, and power quality.

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      Mentions: Hawaii A123 Wanxiang
    5. EnerVault Names Jim Pape as New CEO and Chairman

      EnerVault Names Jim Pape as New CEO and Chairman

      EnerVault Corporation announced today the appointment of energy industry veteran Jim Pape as Chairman and Chief Executive Officer. Mr. Pape has a 30 plus year track record leading commercial efforts at Fortune 500 and start-up companies in rapidly evolving markets like renewable energy and energy efficiency as well as established industries such as military aerospace and industrial manufacturing.

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    6. Axion Power Completes Private Placement for $9 Million in Senior Convertible Notes

      Axion Power Completes Private Placement for $9 Million in Senior Convertible Notes

      Axion Power International ... has completed a private placement of $9 million principal amount of senior convertible notes and warrants with institutional investors and an additional $1 million principal amount of subordinated unsecured convertible notes and warrants in an ancillary transaction with directors, officers and one of the original Axion founders.

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      Mentions: Pennsylvania Axion
    7. Invenergy to Install GE's First Brilliant Wind Turbine with Integrated Battery

      Invenergy to Install GE's First Brilliant Wind Turbine with Integrated Battery

      GE and Invenergy announced today the purchase of the first 2.5-120 brilliant wind turbines in the world ... Integrating the battery into the 2.5-120 wind turbine allows wind farm operators to reap the benefits of energy storage without the high costs of farm-level battery storage installation.

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      Mentions: California U.S. GE
    1-17 of 17
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