Valence Technology just announced that it has been selected to provide lithium phosphate batteries and dynamic energy systems for a new master-planned smart grid community called Discovery at Spring Trails. Valence’s systems will be used to demonstrate a practice called “peak shaving,” which utilizes home appliances more efficiently during peak demand hours.
In a press release, Robert L. Kanode, president and CEO, Valence Technology, commented on the news:
“Valence Technology is proud to be involved … Read the rest
Valence Technology (VLNC) is popping back up above the buck level today on news it’s providing its lithium battery storage systems for the new Mercedes eVito electric taxis in London. Mayor Boris Johnson has visions of a pollution free London and wants to provide a fleet of electric taxis in time for the 2012 Olympic Games. Road testing of the taxis will begin right way.
“This is a real game-changer for fleet vehicles,” said Robert … Read the rest
Ultralife Batteries (ULBI) will get $2.4 million from the New York State Energy R&D Authority for the development of a 1MW-hour lithium battery storage system integrating batteries, ultracapacitors and green energy sources to create an important piece of the smart grid puzzle.
ULBI’s system allows grid operators and renewable energy companies to monitor the grid and control the storage and flow of power. They received the award … Read the rest
Not sure how we missed this one this morning. Valence Technology (VLNC) landed a big deal today and will be the lithium battery supplier to the world’s largest yacht manufacturer, BJ Technologie. They will be the exclusive provider for all new Beneteau Group hybrid electric yachts, sailboats and motorboats that use the ZF Marine hybrid drive system with potential revenue of $9 million over the next year. I can’t imagine there is a strong market … Read the rest
With the explosion in the popularity of anything “green” including stocks, comes the unscrupulous, the frauds and the spammers. Certainly the stock market industry is littered with .. to be perfectly frank.. crap. Part of the goal in creating GreenStocksCentral.com was to not only keep you up to speed with all the latest news in the world of green stocks along with highlighting the best opportunities, but to steer you in the direction of top … Read the rest
Quantum Fuel Tech (QTWW) is one of five companies selected to participate in a one year testing program with the US Postal Service to study the adoption of EV’s. A successful study could pave the way for a mass adoption of EV’s by the USPS in the coming years. Quantum will integrate its Quantum Quiet high efficiency drive system into a Grumman EV, designed specifically for the postal service which will require frequent stops over … Read the rest
Enerdel just announced that they have been selected to supply batteries for a Japanese electric bus. The bus, which will be Japan’s first electric bus powered by lithium-ion batteries, was converted by Tokyo R&D on behalf of Hokuriku Electric Power Company, and is part of Enerdel’s “Green Crossover Town” collaboration with ITOCHU Corporation. The bus will begin providing transportation in the city of Toyama.
Enerdel, a subsidiary of Ener1, just announced that they will be investing $237 million in their new battery plant in Indiana, according to this press release . Backed with a mix of private funds and public incentives, the plant will enable Enerdel to meet anticipated demand for its batteries. It will also more than double Enerdel’s production capacity, allowing Enerdel to produce enough batteries to power 600,000 hybrids or 60,000 electric cars. Private incentives received … Read the rest
UQM Technologies (UQM) is getting a boost from the government this morning with a $45 million cost share grant for the advancement of electric cars, lithium batteries and all the equipment needed to produce and deploy. The company will be eligible to recover half of any costs, but may be required to pay back loans used for assets greater than $5K. The company will also need to provide detailed reports about where the money is … Read the rest
EnerDel just announced that it will be collaborating with ITOCHU Corporation on another smart grid battery storage project, this time for a major Tokyo apartment building. The system will link renewable, high speed charging outlets for electric cars with the power grid, and is the second such project the two companies have undertaken together.
The apartment building is new-residents are scheduled to start moving in in 2011. ITOCHU plans to build the grid storage systems, … Read the rest
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