battery energy storage system manufacturer News
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Secretary Chu announces closing of $117 million loan guarantee for Kahuku Wind Power Project
Energy Secretary Steven Chu today announced that the Department of Energy has finalized a $117 million loan guarantee for Kahuku Wind Power, LLC, the owner and operator of the Kahuku Wind Power project. The project includes the development of an innovative 30 megawatt (MW) wind power plant that will supply electricity to approximately 7,700 households per year. According to company estimates, ...
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Nuvation Energy Becomes Reseller of EVLO Energy Storage Systems
EVLO Energy Storage, Hydro-Québec's energy storage subsidiary, and Nuvation Energy, are teaming up through a reseller agreement for EVLO's energy storage systems. EVLO specializes in grid-scale energy storage systems based on Hydro-Québec's patented lithium iron phosphate (LFP) battery chemistry while Nuvation Energy provides battery management systems and energy storage engineering services to ...
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Advanced Batteries Reached $10.8 Billion in Market Value in 2012
The advanced battery market is in the midst of a massive expansion, due to growth in the core consumer electronics segment, as well as the emergence of new markets for batteries in electric vehicles (EVs) and stationary energy storage systems. In particular, global manufacturing capacity for lithium ion (Li-ion) batteries has grown rapidly in recent years, as several governments have subsidized ...
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