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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

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Blue World Technologies announced that the Bill Gates-founded Breakthrough Energy Ventures (BEV) entered as an investor in Blue World Technologies alongside Vaekstfonden (The Sovereign Investment Fund of Denmark), DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37-million series B round.

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DOE awards $125M to bring clean energy technologies to market

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The US Department of Energy (DOE) is awarding a total of $125 million to support 110 clean energy technology projects (DE-FOA-0002381). Within that total, DOE’s Office of Energy and Efficiency and Renewable Energy (EERE) will award $57.6 million); Fossil Energy (US$14.7 million); and Nuclear Energy ($13.4

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.

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DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

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The US Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Office of Electricity (OE) plan to fund (DE-FOA-0003241) research to drive innovation and reduce costs of high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

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Skeleton Technologies’ next-generation high-energy ultracapacitors to power Wrightbus’ hydrogen buses

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Skeleton Technologies is partnering with Wrightbus to supply its next-generation high-energy ultracapacitor modules to power fuel-cell buses in the UK. Based on the technology and its underlying economics, we have reason to believe that all hydrogen powered trucks and buses could eventually adopt our products.

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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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The US Department of Energy (DOE) awarded $22.1 million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. This funding opportunity is administered by DOE’s Office of Nuclear Energy (NE).

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NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

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A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.

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