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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. Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. Source: Heliogen. Source: Heliogen.
volts (V) of water-splitting voltage with its novel low-cost electrolysis technology. HyperSolar’s research is centered on developing a low-cost and submersible hydrogen production particle that can split water molecules using sunlight, emulating the core functions of photosynthesis. HyperSolar, Inc. V (at 25 °C at pH 0).
LeMond Composites, founded by three-time Tour de France champion Greg LeMond, has licensed a low-cost, high-volume carbon fiber manufacturing process developed at the US Department of Energy’s Oak Ridge National Laboratory (ORNL). Earlier post.)
billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Source: DeepGreen.
Current technology approaches to creating new fuels and chemicals have failed to achieve necessary market economics, creating a significant worldwide market opportunity, according to the biotech company. The company was formed in 2011 as a spinout of DNA2.0, Conversion method. Theoretical diesel yield (g/g). Photosynthesis. PathwayGPS.
AFS BioOil announced that initial tests conducted by the company since startup of the system confirm that production costs of biodiesel will be in the range of $2 per gallon when produced in a commercial system of 1 millon gallons/yr and greater. The strategic goal of the company is to become a major algae biodiesel supplier.
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. ST40 also achieved the highest triple product by a private company. IFE Pilot Plant with a Low-Cost, High-Energy Excimer Driver and the HYLIFE Concept.
A multi-institutional team led by the US Department of Energy’s (DOE) Argonne National Laboratory (ANL) has developed a low-cost cobalt-based catalyst for the production of hydrogen in a proton exchange membrane water electrolyzer (PEMWE). volts (Nafion 212 membrane) and low degradation in an accelerated stress test.
and Syngenta Ventures will collaborate to develop advanced crop technology that will provide low-cost sugars from cellulosic biomass for a variety of industrial applications including biofuels and biochemicals without requiring external enzymes for biomass hydrolysis. Agrivida’s cell wall degrading (CWD) technology.
Raven SR , a renewable fuels company, and Hyzon Motors Inc., As more hydrogen hubs are built across the country and internationally, Hyzon will provide their customers with a complete zero-emission mobility solution—from hydrogen-powered vehicles to on-site or locally produced lowcost clean-hydrogen.
The US Department of Energy (DOE) is awarding nearly $7 million in research and development funding to four projects to reduce the current costs of electric vehicle chargers by 50% over the next three years. DOE share: $1,997,450; Recipient share: $1,441,770. DOE share: $1,362,318; Recipient share: $819,365. Eaton Corporation.
There are tailored solutions that can move milliwatts at very lowcost—compact and inexpensive to implement— all the way to throwing kilowatts into EVs. As the cost [of batteries] comes down, and the size grows, right in parallel, we are going to higher and higher power transfer. In addition to the 3.3 kW solution.
has built and delivered 12 dimethyl ether (DME) feed pumps to Shanghai Diesel Engine Company. The company developed this first generation feed pump several years ago and has sold units into Korea, to the Korean Institute for Energy Research, and to a European engine manufacturer. Alternative Fuel Technologies, Inc.
One of the barriers to cost-effective production of cellulosic ethanol is inadequate technology to efficiently and economically release fermentable sugars from cellulosic biomass. Companies such as Novozymes have worked for years to reduce the cost and improve the efficiency of their enzymes for this type of application.
Sepion raised funds to accelerate commercialization of lithium metal batteries for long-range and low-cost electric vehicles. The $16-million funding round was led by Fine Structure Ventures, and also includes other climate tech investors.
million) to two UK fuel cell companies—ACAL Energy and ITM Power—to help deliver a step change reduction in the cost of the technology to about $35/kW. Production of advanced automotive fuel cell systems currently under development globally are forecast to cost approximately $50/kW at mass manufacture volumes.
New Zealand-based algal technology company, Aquaflow Bionomic Corporation, has signed a Memorandum of Understanding with california-based Impulse Devices , Inc (IDI) , a specialist in high-pressure acoustic cavitation. Acoustic cavitation (AC) uses high frequency sound waves to form cavities, or microbubbles, in liquids.
a biorefining and cellulosic technology company, has entered a Joint Development Agreement (JDA) with Global Bio-chem Technology Group Limited, a China-based manufacturer of chemicals from industrial sugars. Edeniq, Inc., —Xu Ziyi, Executive Director of Global Bio-chem.
a biofeedstock company that makes sucrose instead of extracting it from crops or deconstructing cellulosic materials, said it has met key new development milestones. Using CO~2, sunlight and water, Proterro lowers the cost of sugar production to around $0.05/lb Proterro, Inc.,
Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK.
Amyris, Inc., , a company which converts plant-sourced sugars into renewable hydrocarbons, reports achieving a record low manufacturing cost of $1.75 per liter (US$6.63/gallon) gallon) for farnesene in September 2015.
Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.
Both companies have committed to fund and to resource these two phases fully. Over time, it has improved the efficiency and aggressively reduced the cost of its products and expects this trend to continue. Generating low-cost hydrogen from intermittent renewables is a sine qua non for decarbonization.
In a 1995 paper, Cooper noted that the cost of the recovery unit is small compared with the cost of the battery because it operates continuously and hence at a lower power level than the battery. In addition, it lacks the expensive air electrode of the zinc/air battery, adding to the lower cost of the ZAFC solution.
These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design. The innovative new turbine designs, along with distributed load control and regulator concepts, significantly reduce the levelized cost of energy. It has a low maintenance cost, resulting in a lower cost of energy.
Most recently in November 2022, ABTC was selected for a competitive US DOE grant for a $20-million project to develop and commercialize a set of next-generation battery recycling technologies to even further enhance the recovery of recycled products and reduce the cost of operations.
The US Department of Energy (DOE) will award more than $5 million to two projects—one led by 3M Company and the other by Eaton Corporation—intended to lower the cost of advanced fuel cell systems by developing and engineering cost-effective, durable, and highly efficient fuel cell components. 3M Company, up to $3.1
Toyota’s targeted cost reductions in fuel cell vehicles. In a news conference at the Japan National Press Club on Friday, Toyota Motor President Akio Toyoda said that the company plans to begin mass production of electric vehicles in the US in 2012, followed by US production of fuel cell vehicles in 2015. Source: Toyota.
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
A consortium of Progressive Energy, Essar, Johnson Matthey, and SNC-Lavalin will deliver the project comprising the development of a 100,000 Nm 3 per hour clean hydrogen production facility for deployment as part of the HyNet Cluster, using Johnson Matthey’s low-carbon hydrogen technology which enables carbon capture and storage.
Renewable biofuels and chemicals company Coskata, Inc. Coskata has developed a novel synthesis gas fermentation technology platform capable of producing a range of chemicals and fuels; the company is initially focusing on producing ethanol. The Coskata process is high-yield and low-cost, the company says.
In collaboration with NE, DOE’s Hydrogen and Fuel Cell Technologies Office will provide funding and project oversight for the two hydrogen production–related projects that were selected: General Electric Global Research, Scaled Solid Oxide Co-Electrolysis for Low-Cost Syngas Synthesis from Nuclear Energy.
The Current Direct project is dedicated to: significantly reduce the total cost of waterborne transport batteries; cut GHG emissions of the marine transport sector through electrification of vessel fleets; increase the energy density of waterborne battery cells; and.
Australia-based hydrogen solid state storage and distribution company Hydrexia has entered an agreement with Netherlands-based HyGear, supplier of industrial gases and on-site generation systems, to supply hydrogen in Europe. The solid-state trailer product is optimized for high hydrogen storage density and low delivery cost.
Utility holding company Xcel Energy wants 1.5 We are already busy creating new charging options for customers, whether they are residential customers or companies and government agencies with large vehicle fleets. million electric vehicles in its service areas by 2030.
Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.
Ford Motor Company. Ford Motor Company and Arbin Instruments will develop a. measurement capabilities and lowering the cost of electric. project integrates a unique, low-cost membrane with a new. electrolyte materials composed of lowcost iron. from abundant, low-cost metals that can be domestically.
The agreements are part of the White House’s Startup America initiative, which was launched in January and is designed to help young companies grow, move innovative technologies into the marketplace and create good-paying jobs in the United States. PEM fuel cells are primarily used for backup power.
It appears that Elon Musk’s tunneling startup, The Boring Company, is looking to secure its next big project. As per a recent report, The Boring Company has submitted a proposal to build the North Miami Beach Loop, a 6.2-mile The tunneling startup estimated that the proposed project would cost around $185-$220 million.
The investment by ENYA will enable BESSTECH to expand its manufacturing partnerships to further advance market introduction of its low-cost, high-performance silicon-based anodes for lithium-ion battery applications. With the funding provided by ENYA, BESSTECH has now raised more than $1.3
US Energy Secretary Steven Chu announced three winning startup companies—based on a public vote and an expert review—out of the 14 participating in the US Department of Energy (DOE) “ America’s Next Top Energy Innovator ” challenge. Initially, 36 start-up companies elected to participate in this first-of-its-kind effort.
Green hydrogen and green ammonia co-firing are gaining attention as an eco-friendly and relatively lowcost solutions for existing thermal power plants that can significantly reduce greenhouse gas emissions. The company plans to build a giga-factory in Incheon, a hydrogen manufacturing facility and research center.
Unlike the majority of conventional fluorocarbon membrane materials which are expensive and require significant chemical plant to fabricate, ITM’s materials are low-cost hydrocarbons made by mixing together liquid chemicals to a particular recipe. DOE says that 2011 costs are $49/kW. Source: US DOE. Click to enlarge.
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