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

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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

Green Car Congress

A series of legal challenges to the project’s federal and state permits has caused significant project cost increases and timing delays.

Energy 221
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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

The new capital will be used to support FreeWire’s growth plans as the company accelerates commercial deployments of its battery-integrated ultrafast EV charging technology and increases manufacturing capacity to meet growing global customer demand, including high priority markets such as the UK, Canada, Japan, and Australia/New Zealand.

Charging 195
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Fraunhofer ISI/ICCT analysis of PHEV data finds real-world CO2 emissions 2-4x higher than official values

Green Car Congress

There are noteworthy differences between the markets analyzed, with the highest real-world UF found for Norway at 53% for private vehicles and the United States at 54% for private vehicles. Meanwhile, legal and financial barriers for installing home charging devices should be reduced. —ICCT Director Dr. Peter Mock.

PHEV 334
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DOE issues RFI on renewable fuel scale-up and demonstration

Green Car Congress

The RFI also seeks input on how existing first-generation ethanol and other existing industries could be leveraged to provide low-cost feedstock and infrastructure for biofuels production, including information on practices that can reduce the carbon intensity of corn production.

Renewable 186
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JetBlue and Spirit Call Off Their Merger

Baua Electric

District Court for the District of Massachusetts, noted that Spirit played a vital role in the market as a low-cost carrier and that travelers would have fewer options if JetBlue absorbed it. “We JetBlue’s stock nudged up on the same news, as investors see the end of the deal as a cost-saving measure. Young of the U.S.

Alaska 52
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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

Green Car Congress

Their low cost and ability to start the engine at cold temperatures sets them apart in conventional and basic micro-hybrid vehicles, and as auxiliary batteries in all other automotive applications, according to the report. In these applications, they are currently the only technology available for the mass-market.

Lead Acid 304