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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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ABB increases stake in InCharge Energy to 60%; fleet electrification services

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InCharge Energy tailors end-to-end EV charging infrastructure solutions, from initial consultancy and recommendations on required energy upgrades to the procurement, installation, operation, and maintenance of charging systems.

Fleet 408
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Renault outlines initial HYVIA hydrogen fuel cell vehicle and infrastructure offerings

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The joint venture is equally owned by the two partners and is chaired by David Holderbach, with more than 20 years of experience in strategic, product and international sales at the Renault Group. The products will be sold throughout Europe. A range of financing options and maintenance services will also be offered.

Hydrogen 418
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Groupe Renault working on ~20 blockchain projects

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For Groupe Renault, blockchain has to be used as a collaborative, multi-company digital tool within the automotive sector, thereby becoming a source of increased productivity and collective intelligence. For the customer, for example, it makes it possible to certify the repair and maintenance information on a vehicle when it is resold.

Financing 476
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Scania introduces new generation of electric trucks for regional long-haul

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The latest electric Scania trucks are accompanied by all the support with operational factors and services that make them complete solutions, with charging, finance, insurance and maintenance all in place. The continuous power output level for a Scania 45 R or S is 410 kW (equivalent to some 560 hp).

Electric 434
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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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Nigeria’s 650 kbpd Dangote Refinery being commissioned; largest single-train refinery in world

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The Dangote complex also will integrate refining with petrochemical production, producing not only various petroleum products but also petrochemicals such as polypropylene and polyethylene. The refinery will meet 100% of the Nigerian requirement of all refined products and also have a surplus of each of these products for export.

Nigeria 259