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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity. The project secured an up to $398.6-million

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

Africa 221
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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ultracapacitors are a key enabler for lowering emissions—we are not competing with lithium-ion batteries and hydrogen fuel cells; we are complementary in improving performance and lowering cost.

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Electrification Coalition launches online EV Policy Showroom

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Users can search by state and/or policy category, such as charging incentives, EV purchase incentives, Zero Emission Vehicle programs and EV-ready building codes, and monitor EV fees. This interactive search tool also includes a comprehensive nationwide database of state policies pertaining to transportation electrification.

Financing 448
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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Heat Pumps—The Well-Tempered Future of A/Cs

Cars That Think

grid, that plant used a CO 2 -emitting source, then the local problem may be solved, but only at the expense of a more global threat. If air conditioning is going to be climate-friendlier, says Romanin, of Gradient Comfort, “it needs to be smart, talk to the grid, use better refrigerant, and be a heat pump.”

Future 135
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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

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At COP27, he said that even though the first legally binding international treaty on climate change, known as the Paris Agreement , was adopted nearly a decade ago, countries have yet to come to a consensus on how to stop burning fossil fuels, among other issues. Most people wouldn’t even notice the difference in brightness, he said.