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V2X company Fermata Energy raises $40M in recent round

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Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

Energy 225
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3 Oil Majors That Bet Big On Renewables

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BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor. As we have pointed above, ENI has the most ambitious climate change pledge with plans to lower its greenhouse gas emissions by 80% by 2050. Good case in point: Italian multinational oil and gas giant Eni S.p.A.

Oil 418
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H2FUTURE building world’s largest green hydrogen pilot plant; targeting the steel industry

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The European H2FUTURE project consortium, comprising voestalpine, Siemens, VERBUND, and Austrian Power Grid, together with the research partners K1-MET and ECN, officially gave the green light to the construction of a 6 MW “green” hydrogen pilot production plant—the world’s largest—at a voestalpine Linz steel plant.

Hydrogen 240
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Hawaii study finds vehicle-to-grid discharge detrimental to EV batteries

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Results of a study by a team at the Hawaii Natural Energy Institute, SOEST, University of Hawaii at Manoa, suggest that the additional cycling to discharge vehicle batteries to the power grid in a vehicle-to-grid (V2G) scenario, even at constant power, is detrimental to EV battery cell performance.

Hawaii 210
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Opinion: Reinventing fuel-based power for a more secure and resilient grid

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In this scenario, therefore, we would have to vastly oversize our wind and solar infrastructure to ensure we can deliver the absolute minimum power requirement for those worst case scenarios. Battery storage can optimize the energy mix, but is also limited. Intelligent Power Generation. Earlier post.).

Grid 332
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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

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These funds will be invested, in part, in analyzing multiple stand-alone energy storage technologies to further improve the microgrid. It provides a crucial real-life demonstration of technology that can help to provide California a future of clean, sustainable and reliable energy. —Energy Commission Chair Robert B.

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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

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Vattenfall will purchase the new batteries from the BMW plant in Dingolfing and use them in all storage projects. The first energy storage from the BMW-i3 batteries is being built at the 122 MW onshore wind farm “Princess Alexia” near Amsterdam. megawatts (MW), it is Vattenfall’s first large storage project in the Netherlands.

Wind 150