article thumbnail

Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

article thumbnail

Dominion Energy & Duke Energy cancel $8B Atlantic Coast Pipeline due to delays and cost uncertainty

Green Car Congress

A series of legal challenges to the project’s federal and state permits has caused significant project cost increases and timing delays. As a result, recent public guidance of project cost has increased to $8 billion from the original estimate of $4.5

Energy 221
article thumbnail

DOE issues RFI on renewable fuel scale-up and demonstration

Green Car Congress

The RFI also seeks input on how existing first-generation ethanol and other existing industries could be leveraged to provide low-cost feedstock and infrastructure for biofuels production, including information on practices that can reduce the carbon intensity of corn production.

Renewable 186
article thumbnail

FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

The new capital will be used to support FreeWire’s growth plans as the company accelerates commercial deployments of its battery-integrated ultrafast EV charging technology and increases manufacturing capacity to meet growing global customer demand, including high priority markets such as the UK, Canada, Japan, and Australia/New Zealand.

Charging 195
article thumbnail

Tesla loses top attorney Lynn Miller to autonomous trucking startup

Teslarati

” During her time at Tesla, Miller was a key part of Tesla’s legal team. Tesla has its own plans to emerge into the commercial trucking business in the coming months with the all-electric Semi that will begin deliveries by the end of 2021. It is unknown exactly why Miller chose to leave Tesla for Plus.

Tesla 93
article thumbnail

Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. Bank of America can help move GCEP technologies to commercialization.

Climate 218
article thumbnail

Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

Green Car Congress

Their low cost and ability to start the engine at cold temperatures sets them apart in conventional and basic micro-hybrid vehicles, and as auxiliary batteries in all other automotive applications, according to the report. The maximal charge voltage (of the legal limit of 60V) is still being defined by OEMs.

Lead Acid 304