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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014. Rendering of Advanced Clean Energy Storage salt cavern.

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DOE awards $125M to bring clean energy technologies to market

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The US Department of Energy (DOE) is awarding a total of $125 million to support 110 clean energy technology projects (DE-FOA-0002381). New CO 2 reduction processes are required to efficiently convert biogas, biomass and stored CO 2 to usable fuels. million, and two potential follow-on awards of up to $1.1 million each.

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EU investing €1.8B in 17 large-scale clean tech projects

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billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. emissions coming from exhaust gases produced during lime production and store them permanently in offshore geological formations in France. The EU is investing more than €1.8 A third project will capture the CO?

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Combining Hydrogen with Renewable Energy: Harnessing Clean Energy and Efficient Storage Solutions

Baua Electric

How Energy is Stored in Hydrogen Hydrogen is an effective energy carrier, capable of storing large amounts of energy in a compact form. This makes it a valuable resource for balancing the intermittency of renewable energy sources and for providing a clean energy solution across various sectors.

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GKN Hydrogen, SoCalGas and NREL to collaborate on solid-state hydrogen storage project; HY2MEGA

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GKN Hydrogen’s HY2MEGA can enable safe, long duration clean energy storage without the need for compression. It also highlights the technologies needed to reach carbon neutrality and accelerate clean fuel initiatives. The electrolyzer will use renewable sources and produce green hydrogen to be stored in the HY2MEGA.

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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. The world should not miss this unique chance to make hydrogen an important part of our clean and secure energy future. —Dr Birol.

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Bakken Energy to purchase synfuels plant and convert to blue hydrogen production as part of $2B hydrogen hub project

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In June 2021, Bakken and Mitsubishi Power Americas (Mitsubishi) entered into a strategic partnership to create a world-class clean hydrogen hub in North Dakota to produce, store, transport, and locally capture and sequester carbon (CO 2 ).

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