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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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DOE awards nearly $7M to 4 projects to reduce costs of electric vehicle chargers by 50% over next 3 years

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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. The four projects selected will leverage additional investments from the industry grantees. Delta Products Corporation.

Cost Of 218
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Heliostat Consortium announces 7 projects to receive combined $3.5M in funding; DOE launches Heliostat Prize

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Projects from this solicitation, which will be implemented over the next 1–3 years, will focus on lowering the cost of heliostats and heliostat technologies and creating new market opportunities for the heliostat industry. Low-cost heliostats offer significant renewable energy potential. Digital Twin and Industry 4.0

Solar 170
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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. DOE funding: $5,577,738; cost share: $5,925,475; Total costs: $11,503,213. Partners: American Lithium Corporation, DuPont Water Solutions. 525 Solutions, Inc.;

Li-ion 321
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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. A well-established downstream syngas-to-synfuel conversion process, such as Fischer-Tropsch synthesis, converts the syngas to liquid synfuel for a total projected cost of less than $4/gallon.

Hydrogen 475
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DOE awarding $71M to 20 RD&D projects to cut GHG emissions, expand EV infrastructure; $5M to Achates for opposed-piston 2-stroke hybrid

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AOI 3: Reducing the Cost of DC Fast Charging Equipment. Technology & Design Innovations to Maximize the Reduction Effect on DCFC Unit Cost Economics (Max-REDUCE). Eaton Corporation. A Solid State Technology Enabled Compact, Modular Design to Reduce DC Fast Charging Cost and Footprint. Eaton Corporation.

Emissions 304
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NGen Canada awarding $76M to 15 zero-emission vehicle projects

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NGen has now announced $76 million in funding for 15 new industry-led consortia that will execute projects in strategic areas such as critical minerals & metals, traction battery & efficiency gains, power electronics, fuel cells, and lightweight materials. Lead: Cnem Corporation; Partners: Talon Metals Services Inc.,

Canada 304