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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

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FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies.

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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Source: Heliogen. Bloom Energy officially introduced the Bloom Electrolyzer in July 2021. Source: Heliogen.

Low Cost 397
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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. ST40 also achieved the highest triple product by a private company.

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

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Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. Hyundai Motor signed an MOU with Shanghai Electric Power Co., Shanghai Sunwise New Energy System Co.,

Hyundai 356
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USABC awards $3.5M low-cost/fast-charge battery technology development contract to Zenlabs Energy

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in Fremont, California for a low-cost/fast-charge (LCFC) technology development. Zenlabs has developed proprietary silicon-based formulations that offer higher specific capacity, longer cycle life, and lower cost. The contract award, which includes a 50% cost share, funds a 24-month project that began earlier this year.

Low Cost 225
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Gevo develops process for low-cost renewable isoprene; building block for rubber and rubber products

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has developed a proprietary catalytic process that transforms low-cost commercially available, or even waste by-product, renewable alcohols into renewable isoprene that would be expected to compete head-to-head on price with natural and petroleum-based chemical equivalents while reducing CO 2 emissions.

Low Cost 220
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JERA and IHI to demo ammonia co-firing at a large-scale commercial coal-fired power plant

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This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Ammonia enables efficient, low-cost transport and storage of hydrogen. The two companies are moving forward with design and construction.

Coal 348