Energy Storage

  1. Governor Roy Cooper today said that Alevo will launch a major expansion at its facility in Cabarrus County, North Carolina, creating over 200 jobs over the next five years. The company will invest $251 million at its production operations in Concord.

     

  2. Units of the commodities trader Vitol Group and the renewables investment fund Low Carbon Ltd. said they’d invest 250 million pounds ($311 million) to develop energy storage and distributed power-generation projects in the U.K.

     

  3. Japan’s scaling back of a program encouraging residential solar has Panasonic Corp. hopeful the market for home energy storage systems is about to receive a boost.

     

     

  4. I first encountered induction cookers when I joined Indian Institute of Management (IIM) Kozhikode, a graduate business school, as visiting professor of strategy in 2011. Having never heard of them in the U.S., I quizzed people about them.

     

  5. India’s electricity access challenge is formidable. About 300 million people lack electricity, while an additional 100 million have less than four hours of electricity per day, and possibly several million more suffer from unreliable supply. Population growth and an increase in electricity demand each year could further strain the grid.