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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 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. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.

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Gridtractor launches fleet electrification services to accelerate zero-emission agriculture

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Gridtractor will help farmers integrate electric charging and vehicle to grid (V2G) into their operations to strengthen the power grid with its smart energy platform. In addition, the company estimates farms can save 55-75% on fuel costs by going electric, and up to 90% by supplying stored power to irrigation pumps and to the grid.

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BYD and Levo partner to deploy up to 5K BEVs in US fleets, integrate V2G technology

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This innovative potential partnership leverages state-of-the-art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.

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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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A rugged, injection-molded thermoplastic polymer exterior provides an optimized structure into which the electrodes are inserted—the Z3 design requires just 20 of them—minimizing materials, manufacturing, and maintenance while eliminating the risk of any external leaking.

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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. The Okorusu plant was retrofitted to produce graphite and has been on care and maintenance since November 2018.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

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SMART, DDOT become Proterra’s 100th electric bus customer

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Proterra and DTE Energy also recently announced a project to provide battery-electric school buses to Michigan schools for pupil transportation and to conduct a vehicle-to-grid pilot program. In addition to battery-electric buses, Proterra provides purpose-built high-power charging systems for heavy duty EV fleets.

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