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MHI invests in Electric Hydrogen to accelerate efforts to produce clean hydrogen at scale

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MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Mitsubishi Heavy Industries, Ltd. The investment was part of a $198-million financing.

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DOE awards $20M to 10 hydrogen production and delivery technologies projects

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of Danbury, Connecticut will receive $900,000 to develop a novel hybrid system for low-cost, low greenhouse gas hydrogen production. Wiretough Cylinders LLC of Bristol, Virginia will receive $2 million to demonstrate a low cost high pressure hydrogen storage vessel using a steel wire overwrap. FuelCell Energy Inc.

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ARPA-E to award $27M for advanced nuclear reactor systems operational technology: GEMINA

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These projects will work to develop digital twin technology to reduce O&M costs in the next generation of nuclear power plants. Advanced nuclear reactors have the potential to provide reliable and low-cost clean power to millions of American homes.

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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. Technology Holding LLC; Next Generation Separation Method for Rare Earths Partners: Massachusetts Institute of Technology DOE share: $499,673; Cost share: $124,999; Total costs: $624,672.

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DOE selects 15 projects for $32M to advance lower-cost fusion concepts; ARPA-E BETHE

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BETHE projects will work to deliver higher-maturity, lower-cost fusion options via three research categories: Concept Development to advance the performance of inherently lower-cost but less-mature fusion concepts; Component Technology Development that could significantly reduce the capital cost of higher-cost, more-mature fusion concepts; and.

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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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The post-combustion outlet gas is more easily separated into water and CO 2 to the pipeline, thereby lowering the electricity costs of grids with high levels of VRE. The team’s approach uses a novel and low-cost heat-pump thermal storage system. Massachusetts Institute of Technology. 8 Rivers Capital.

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DOE to invest $30M to further H2 and fuel cell technology as industry continues strong growth

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Fiscal year 2017 funding will also be targeted at the development of low-cost, high-strength precursors for carbon fibers that can be used in vehicular hydrogen storage vessels. According to the DOE’s 2015 Fuel Cell Technologies Market Report, many U.S.