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GWU team develops low-cost, high-yield one-pot synthesis of carbon nanofibers from atmospheric CO2

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Stuart Licht at The George Washington University in Washington, DC has developed a low-cost, high-yield and scalable process for the electrolytic conversion of atmospheric CO 2 dissolved in molten carbonates into carbon nanofibers (CNFs.)

Low Cost 150
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Thermoelectric startup GMZ Energy secures $14M in Series C funding

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GMZ’s material, a nanostructured bismuth antimony telluride, was developed by researchers at Boston College and MIT. GMZ Energy is developing its first product for the $8 billion residential, commercial and industrial solar thermal water market.

Energy 218
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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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The new ARPA-E selections focus on accelerating innovations in clean technology while increasing US competitiveness in rare earth alternatives and breakthroughs in biofuels, thermal storage, grid controls, and solar power electronics. Solar ADEPT: Solar Agile Delivery of Electrical Power Technology ($14.7 Abengoa Solar Inc.

Energy 294
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NREL and Electric Hydrogen partner to develop high-performance electrolyzer components

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In June, Electric Hydrogen closed a $24-million Series A financing to support continued product development and expansion of its operations in the Greater Boston and San Francisco Bay areas. Electric Hydrogen was founded by a team of energy transition veterans from First Solar and Tesla.

Hydrogen 199
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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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DOE funding $13,516,546, total project value including cost share $27,419,424). This project will demonstrate the use of advanced sensors and monitoring instrumentation on low voltage (secondary) networks in downtown Boston to improve grid reliability and safety. Pecan Street Project (TX). 24,063,978. 48,127,957. 12,392,120.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Solar PV module prices have dropped 75% since 2009 and continue to decrease.

Renewable 150
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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

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In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The low cost of gasoline in the US will yield similar results.