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

Green Car Congress

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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NEO Battery Materials doubles target annual production to 240 tons for silicon anode commercial plant

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With the final site approval, NEO has now additionally doubled the initial target annual silicon anode production capacity to 240 tons on the same mass-production lines and has consequently renamed the semi-commercial plant into a commercial-scale plant facility to accommodate for industry capacity standards.

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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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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. Cemvita scientists increased microbe performance by six and a half times the rate needed to produce hydrogen at $1/kg, a key milestone necessary to advance the program toward commercialization.

Hydrogen 482
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China Yuchai launches China’s first operating hydrogen engine for commercial vehicles

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The YCK05 engine is the first operating hydrogen engine for China’s commercial vehicle market, the world’s largest commercial vehicle market. The commercially-available diesel-fueled version of the YCK05 has a power range from 190-240 PS and maximum torque of 900 N·m. Ignition ceremony at Beijing Institute of Technology.

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