JuiceBox Energy and ReVision Energy Install Innovative Solar Energy Storage Technology at Historic Maine Library
Tom Randal for Bloomberg Business: With all good technologies, there comes a time when buying the alternative no longer makes sense. Think smartphones in the past decade, color TVs in the 1970s, or even gasoline cars in the early 20th century. Predicting the timing of these shifts is difficult, but when it happens, the whole world changes.
It’s looking like the 2020s will be the decade of the electric car.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real mass-market liftoff for electric cars.
By 2040, long-range electric cars will cost less than $22,000 (in today’s dollars), according to the projections. Thirty-five percent of new cars worldwide will have a plug. Cont'd...
Energy Toolbase Software Platform is endorsed by industry leading distributor Rexel Inc. to Solar Installer Dealer Network
Investment Has Become the Most Common Strategy for Energy Storage Integration, According to Navigant Research
Barbara Haislip for the Wall Street Journal: Few industries are more daunting for entrepreneurs these days than clean energy.
Developing the technology and hardware is expensive, and setbacks are common. Even if all goes well, getting a product to market can take a decade or more. Most venture-fund investors, meanwhile, want a quicker payout.
Danielle Fong, co-founder and chief scientist of LightSail Energy, is trying to keep investors happy while working toward some ambitious clean-energy goals. Her company’s aim, she says, “is to produce the world’s cleanest and most economical energy-storage system” through a technology that uses compressed air to store energy from the grid. LightSail’s technology will do this more efficiently than other solutions, Ms. Fong says, by capturing some of the excess heat that comes when compressing air. “Until now, this was wasted, reducing efficiency,” she says.
Founded in 2009, Berkeley, Calif.-based LightSail has raised $70 million from several investors, including Bill Gates, Peter Thiel,Khosla Ventures and the French energy giant Total. Cont'd...
Energy Storage-Enabled Virtual Power Plants Are Expected to Invade Energy Markets, According to Navigant Research
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