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WoodMac: Global Energy Storage Installations to Hit 15GW by 2024

GreenTechMedia

The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie. But the market has seen a rash of major project announcements recently, driven in particular by the U.S.,

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Balance-of-System Costs Falling for Non-Residential Storage

GreenTechMedia

Since 2014, non-residential storage system prices have declined by more than 15 percent in the U.S. Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges. non-residential storage segment. non-residential storage segment. MW and MWh), 2018-2024E.

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UC San Diego spin-off company receives MWh-scale purchase orders of their advanced sodium-ion batteries

CleanTech San Diego

UNIGRID Battery , a UC San Diego spin-off startup company and member of Cleantech San Diego’s Southern California Energy Innovation Network (SCEIN), announces that it has received its first commercial MWh-scale purchase orders for their advanced sodium ion batteries. The company was founded in 2021 from the Ph.D. “The U.S.

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Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. Fervo Energy and Google’s next-generation, 3.5-MW

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Come on in, the water’s warm!

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Stem Confirms It’s Looking for Potential Buyers

GreenTechMedia

Energy finance publication SparkSpread reported last week that Stem was seeking a buyer with the help of Morgan Stanley and Greentech Capital Advisors, with bids due recently. The energy storage market has grown since then, posting record deployments and revenue in 2019, according to data from research firm Wood Mackenzie. Overall U.S.

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? Spooky season for clean energy stocks #171

Climate Tech VC

More than 20 leading investors, corporates, and governments already use the platform including the US Department of Energy, BHP, and Galvanize Climate.   In deals, $91M for a vertically-integrated European heat pump platform, $50M for direct lithium extraction, and Volta Trucks goes bankrupt.  Plus, the US funds $3.5B