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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

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Stadler wins contracts for up to 120 battery-powered trains, 25 hydrogen trains

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Austrian Federal Railways (ÖBB) has awarded Stadler a framework agreement for up to 120 battery-powered trains. The FLIRT Akku vehicles are the battery-powered version of Stadler’s best-selling FLIRT model, which has already sold over 2,500 units worldwide.

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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

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Together, these will provide regional operators with unit economics that are equivalent or better than those of conventional jet fuel-powered variants of the aircraft. If we want to decarbonize the industry on the timeframe of the Paris Agreement, the world’s narrowbody airliner fleet has to become hydrogen-powered starting in the 2030s.

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ClearFlame Engine Technologies secures $17M in Series A financing

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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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DOE gives conditional loan commitment for $850M to KORE Power for battery plant in Arizona; NMC and LFP

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The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power ’s advanced battery cell manufacturing facility in Buckeye, Arizona. million gallons of gasoline per year.

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AMPLY Power and Duke Energy Sustainable Solutions collaborate on bus fleet electrification and solar-powered overhead charging

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AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. —Vic Shao, CEO of AMPLY Power.

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