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The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2
million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. While hydrogen generation creates additional flex-operating opportunities for nuclear plants, it also creates additional considerations for grid-interconnects and hydrogen end-users.
BYD and the State GridCorporation of China (SGCC) have finished construction on what may be the world’s largest battery energy storage station. The State Grid system is demonstrating a stable solution for transferring vast amounts of renewable electricity safely to the grid on an unprecedented scale. billion RMB).
Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart Grid.
The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).
The NZN concept relies on high energy density storage systems incorporated into the local grid, as well as efficient photovoltaic generation. NZN can integrate with the centralized grid. batteries); the creation of grid-enabled consumer-side energy generation appliances; and a robust set of standards and protocols.
JFE Engineering Corporation, Sharp Corporation, Hewlett-Packard Japan, Ltd., and Mizuho Corporate Bank, Ltd. have been selected as contractors for a joint US-Japan collaboration supporting a Smart Grid project on the Hawaiian island of Maui. Hitachi, Ltd., Cyber Defense Institute, Inc., Hitachi Ltd.
Initial OHI industry stakeholders now include EQT, National Grid, Shell, ExxonMobil, Dominion Energy, LanzaTech, Equinor, BlackHills Corporation, Nicor Gas, NYSEG, Oklahoma Natural Gas, Duke Energy, DTE, and Southwest Gas Corporation.
China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. was founded in 2002, in Shanghai, China, and is dedicated to clean energy development in China.
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. Corporation, Columbia. Corporation). Corporation). widespread deployment.
One in five EVs in the country are on the road in PG&E’s service area of Northern and Central California, where customers are often early adopters of new clean energy technologies. —PG&E Corporation CEO Patti Poppe.
Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. Corporate funding in Q3 2020 came to $2.8
The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.
The US Department of Energy announced the selections for three consortia that will make up the $125-million US-India Joint Clean Energy Research and Development Center (JCERDC). The Joint Clean Energy Research and Development Center is part of the US-India Partnership to Advance Clean Energy. Hindustan Petroleum Corporation Ltd.;
Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. Total corporate funding, including debt and public market financing, increased to $2.8
SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.
Energy efficiency is key to the future of hydrogen as a clean fuel. Our work shows that protonic membranes can make hydrogen from ammonia, natural gas and biogas so efficiently that hydrogen fuel cell cars will have lower carbon footprint than electric cars charged from the electricity grid.
The US Department of Energy delivered more than $47 million in funding under the American Recovery and Reinvestment Act for eight projects to further smart grid demonstration projects in seven states. The $47 million in new Recovery Act awards will support existing projects that are advancing demonstration-scale smart grid technologies.
Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 Total corporate funding (including venture capital funding, public market, and debt financing) in 9M 2018 was down with $3.3
These VPPAs will enable Honda to fully offset the remaining carbon-intensive grid-supplied electricity being used in its Ohio, Indiana, and Alabama automobile manufacturing operations, and will help the company meet its voluntary carbon reduction goal. will deliver to the grid by the end of 2020.
These vehicles will be studied to help evolve all-electric vehicle technology and to establish a foundation of understanding on utility grid needs by modeling impact of future all-electric vehicle growth on the shared energy grid. Each Sprinter is at least 100% more fuel efficient than the most commonly found alternative it replaces.
Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. Smart Grid. billion compared to $2.4
billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Rogers Foam Automotive Corporation. Rogers Foam Automotive Corporation will manufacture a component to be used in the thermal management system of Lithium-ion battery assemblies for electrical vehicles.
Paired cities will collect and share data on charging patterns, driving experiences, grid integration, consumer preferences and other topics. Highlights of the other US-China measures are: Clean Energy Research Center. The Initiative will link more than a dozen cities with electric vehicle demonstration programs in both countries.
Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 billion raised compared to $2.8 billion raised compared to $2.8
A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% decrease from the $472 million raised in Q1 2018, according to a new report from Mercom Capital Group, llc, a global clean energy communications and consulting firm. Smart Grid. In a YoY comparison, $1.3
This new solution allows NuScale to support a larger cross-section of customer needs including power for small grids such as for island nations; remote off-grid communities; industrial and government facilities; and coal power replacements that require less power and help customers meet clean air mandates.
NuScale Power Corporation and Nucor Corporation signed a Memorandum of Understanding (MOU) to explore co-locating NuScale’s VOYGR small modular nuclear reactor (SMR) power plants to provide clean, reliable baseload electricity to Nucor’s scrap-based Electric Arc Furnace (EAF) steel mills.
Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium-ion battery storage devices, has installed a one MWh lithium-ion battery storage system at the University of California, Riverside (UCR); the system has gone operational, providing electric power to the Bourns College of Engineering building.
Separately, AECOM Technology Corporation and REC Solar unveiled a 1.16 AECOM Technology Corporation was the prime contractor for the solar project and has been working on the CSUF campus for more than five years. MW installation at the California State University, Fullerton (CSUF) campus.
Collaborative Composite Solutions Corporation. The Lubrizol Corporation. Nikola Corporation. Grid-Interactive Steelmaking with Hydrogen (GISH). System Demonstration for Supplying Clean, Reliable and Affordable Electric Power to Data Centers using Hydrogen Fuel. Hexagon R & D LLC. 3M Company. Plug Power.
reached agreement on the terms of an asset purchase agreement with Wanxiang America Corporation through which Wanxiang would acquire substantially all of A123’s assets for $256.6 A123 is Wanxiang’s fifth clean energy investment in the US in 2012. A123 Systems, Inc. Earlier post.) A123’s joint venture with Shanghai Automotive.
Electrolysis company Hydrogenics Corporation has received an order from E.ON Power-to-Gas is a novel way to store energy at utility scale, whereby surplus electrical grid power is converted into hydrogen gas. for a “Power-to-Gas” project in Germany. Utility-scale energy storage will be a key part of this future German energy plan.
The US Department of Energy (DOE) has launched US DRIVE, a cooperative partnership with industry to accelerate the development of clean, advanced, energy-efficient technologies for cars and light trucks and the infrastructure needed to support their widespread use. Vehicle-to-electricity grid interaction. Fuel cell power systems.
The US DRIVE mission is to accelerate the development of pre-competitive and innovative technologies to enable a full range of efficient and clean advanced light-duty vehicles, as well as related energy infrastructure. It covers all aspects of setting up a home charge station.
Honda plans to install a stationary fuel cell power station on its corporate campus in Torrance, Calif. This new initiative will leverage Honda’s fuel cell technology expertise as part of the company’s global goal to achieve carbon neutrality for all products and corporate activities by 2050. Plant, Cooling Tower, Grid Inverter.
The US Department of Energy (DOE) announced 16 major US employers and two stakeholder groups have joined the Workplace Charging Challenge ( earlier post ), while another 3 US corporations have joined the National Clean Fleets Partnership. National Clean Fleets Partnership.
Eaton Corporation announced the formation of an alliance to accelerate the deployment of electric vehicles in cities across China. NESTIA will place special focus on deployment of clean energy vehicles in taxi, bus, refuse and sanitation fleets, along with the accompanying charging infrastructure.
Chesapeake Energy Corporation plans to create a $1.0-billion billion venture capital fund over the next 10 years, Chesapeake NG Ventures Corporation (CNGV), dedicated to identifying and investing in companies and technologies that will replace the use of gasoline and diesel with natural gas and natural gas-to-liquids (GTL) fuels.
The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. About 40 corporations, valued at a trillion dollars, own the vast majority of transmission lines in the United States. grids demands public scrutiny and accountability. Their grip over the backbone of U.S.
PHEVLERs [ 3 ] are a disruptive technology that will help revolutionize both the clean transportation and the clean stationary energy sectors of our economy. PHEVLERs Provide Value to the Drivers PHEVLERs use the Existing Energy Infrastructure PHEVLERs use Clean Fuels to Reduce Air Pollution. He has a Ph.D. Table of Contents.
Hydrogenics Corporation, a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, was selected by the Independent Electricity System Operator ( IESO ) for Ontario as one of five grid storage projects. IESO grid storage projects. —Daryl Wilson, CEO of Hydrogenics. Lead organization.
Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa.
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