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EU investing €1.8B in 17 large-scale clean tech projects

Green Car Congress

Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

Green Car Congress

Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed. —Matthew Lumsden, CEO of Connected Energy.

Connect 186
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Source: Siemens.

Germany 239
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Mad Power thoughts

EV Info

Everybody knew then that renewables were unreliable: that wind power fully works less than one-third of the time, and that solar power is unavailable at night (of course) and less efficient on cloudy winter days. So, ironically, renewables have in some ways hastened the decline of nuclear power. This was plain wrong.

Power 52