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

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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Dominion Energy & Duke Energy cancel $8B Atlantic Coast Pipeline due to delays and cost uncertainty

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Dominion Energy and Duke Energy announced the cancelation of the Atlantic Coast Pipeline (ACP) due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project. The $8-billion project is a partnership between the regional energy companies Dominion Energy and Duke Energy.

Energy 221
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Ekona Power closes CAD 79M Series A to advance pulsed methane pyrolysis technology for clean hydrogen production

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a Vancouver-based company that is developing a novel methane pyrolysis technology platform which produces clean and low-cost hydrogen, closed a CAD $79-million (US$62-million) Series A round. PMP uses the pulsed injection of thermal and mechanical energy, resulting in the automatic removal of carbon-buildup due to unsteady flow.

Hydrogen 195
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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.

Climate 218
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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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FreeWire Technologies, a developer of ultrafast electric vehicle (EV) charging and energy management solutions, raised $125 million in new capital. Proceeds will also be used to expand the company’s talent pool and invest in R&D to drive continued innovation of its product roadmap and energy management platform.

Charging 195
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DOE issues RFI on renewable fuel scale-up and demonstration

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The US Department of Energy (DOE) has released a new Request for Information (RFI) on the scale-up and demonstration of renewable fuels. Barriers to Scale-Up of SAF, Marine, and Renewable Diesel Technologies – input on technical, financial, legal, contractual, policy and other barriers.

Renewable 186
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Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

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The study, which provides a joint industry analysis of how different types of batteries are used in different automotive applications, concludes that lead-based batteries will by necessity remain the most wide-spread energy storage system in automotive applications for the foreseeable future.

Lead Acid 304