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By 2026, Lithium Ion Battery Pack Revenue for Traction/Propulsion Energy in Marine Vessels, Rail Cars, and Underground Mining Vehicles is Anticipated to Reach Nearly $6 Billion

A new report from Navigant Research examines the emerging market for traction/propulsion energy in the marine vessel, rail car, and underground mining vehicle sectors, providing an analysis of the market issues associated with advanced batteries for non-automotive transportation markets, with global forecasts for capacity and revenue, through 2026. A decline in the price of lithium […]

sonnen Increases Investment in Growing U.S. Energy Storage Market with sonnenBatterie Manufacturing and Innovation Facility in Atlanta, GA

sonnen, the global market leader in intelligent residential energy storage, today announced a significant investment in a new North American Innovation Center that combines the company’s U.S. manufacturing operations and product research and development in a single facility. The sonnen InnovationHub is expected to begin production of sonnenBatterie products in the second quarter of 2017, […]

Cutting-edge battery tech coming of age with ARENA’s help

A home-grown battery storage technology has secured new funding support from the Australian Renewable Energy Agency (ARENA) and is set to move into international markets after signing a global manufacturing deal. ARENA has committed $4.1 million in new recoupable funding for Sydney-based company Ecoult to enhance and fully commercialise its UltraBattery technology, which was originally […]

Romeo Power Expands to New EV Battery Pack Manufacturing Facility in Southern California

Romeo Power, the southern California company, that designs and manufactures electric vehicle battery packs is an undeniable energy powerhouse. Launched last year by renowned tech innovators Michael Patterson and Porter Harris, the demand for its powerful EV Battery packs continues to grow. To accommodate the growing demand, Romeo Power has expanded their manufacturing capabilities just outside […]

Morgan Stanley: Storage in the Utility Sector ‘Will Grow More Than the Market Anticipates’

Wall Street analysts are once again cautioning the market not to underestimate distributed energy technologies. Over the years, Goldman Sachs, UBS and Morgan Stanley have all warned investors about the disruptive potential of wind, solar, batteries and electric vehicles on energy markets. This week, Morgan Stanley says the growth of battery storage is “underappreciated” by many […]