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DOE awarding $46M to 8 companies to support commercial fusion energy development

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The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. ST-E1 Preliminary Design Review for a Fusion Pilot Plant.

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Universal Hydrogen completes first taxi tests; granted experimental airworthiness certificate by FAA; Air New Zealand agreement

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Universal Hydrogen was granted a special airworthiness certificate in the experimental category by the Federal Aviation Administration (FAA) to proceed with the first flight of its hydrogen-powered regional aircraft. —Paul Eremenko, co-founder and CEO of Universal Hydrogen Air New Zealand.

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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

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Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to $85 million. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

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DOE selects Arizona State University to lead new institute to drive industrial decarbonization through electrification of process heat

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The US Department of Energy (DOE) has selected Arizona State University to lead the seventh Clean Energy Manufacturing Innovation Institute. This multisector coalition will bridge the gap between research and commercialization to move novel electrification processes out of the lab and into the market.

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UK APC investing £77M in 7 green heavy-duty and commercial vehicle projects

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The seven projects, each involving a group of companies working in partnership on green transport technology, will each benefit from industry support, together with a government grant. Much of the focus is on how to effectively decarbonise commercial and working vehicles including vans, buses, HGVs, and zero-emission emergency vehicles.

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Endera launches new electric powertrain for Class 3 and 4 commercial vehicles

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Endera , a technology company specializing in all-electric commercial vehicles, charging infrastructure, and software solutions, launched its new all-electric powertrain for Class 3 and 4 zero-emission commercial vehicles.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. million in new financing. Background.

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