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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. ACES Delta is a joint venture between Mitsubishi Power Americas and Magnum Development.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

Grid 136
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Wallbox introduces Quasar 2 next-generation bidirectional home charger at CES 2022

Green Car Congress

Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, introduced Quasar 2, the latest generation of its bidirectional home chargers designed specifically for the North American market. The average American experienced more than eight hours of power interruption in 2020.

Grid 293
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The EV Transition Explained: Can the Grid Cope?

Cars That Think

There have been vigorous debates pro and con in the United States and elsewhere over whether electric grids can support EVs at scale. Further, the system was designed for one-way power, not for distributed renewable-energy devices sending power back into the system. trillion in capital, operations, and maintenance costs by 2035.

Grid 117
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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Z3 battery module Z3 battery modules store electrical energy through zinc deposition. The streamlined Eos Z3 battery module design features an aqueous electrolyte, bipolar electrodes, and a polymer casing. ACRO is a recognized leader in high-speed, custom-designed automated manufacturing systems.

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NJ state Senate approves bill requiring New Jersey DEP to develop and implement electric school bus program

Green Car Congress

However, electric school buses are believed to be cheaper to own over the life of the vehicles than diesel alternatives due to a combination of lower fuel and maintenance costs and because vehicle-to-grid capabilities would allow school districts to sell electric buses’ stored energy back to the utility.

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Skanska is about to transform a Brooklyn marine terminal into a major offshore wind hub

Baua Electric

Skanska will build a new 85,000-square-foot operations and maintenance building with warehouse, office, and parking to support the construction and ongoing operations and maintenance of Empire Wind 1. Construction activities covered by this award will run into 2026.

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