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

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The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Rimac Technology is the Rimac Group entity that designs, engineers and produces high-performance EV components and systems to help the industry build hybrid and electric vehicles.

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Cornell team suggests engineered bacteria could address current limitations of energy storage technologies

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Raising the penetration of renewable —an intermittent—sources of energy into the grid will require large scale electrical energy storage and retrieval. However, at present, no existing technology provides such storage and retrieval at a low financial and environmental cost.

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DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Northvolt & Vattenfall introduce modular energy storage solution to replace diesel generators

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Northvolt and Vattenfall have launched of a new battery energy storage solution, Voltpack Mobile System—a rugged, highly modular lithium-ion battery system envisioned as a zero-emission alternative to replace diesel generators. —Torbjörn Johansson, head of Vattenfall Network Solutions Sweden.

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DOE awards $2.4M to 3 projects for next-generation grid energy storage

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The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy Inc.