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Germany and Namibia form partnership for green hydrogen

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The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. We want to take this chance together.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA expects US coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. gal this summer, up from an average of $2.43/gal

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Planned production would be 5,000 cars in the first year of production, moving up to 50,000+ within three years. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. Aurica envisions a battery swap in 3 minutes or less.

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International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

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As more renewable energy sources such as wind and solar are integrated into the smart grid, managing and storing energy is essential due to the intermittent nature of these power sources. We believe that together with International Battery we can design and deliver a product that meets CES requirements.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

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Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% The buildings, industry and transport sectors need more bioenergy, solar heating and electricity from renewable sources that substitute conventional energy.

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PwC industry survey provides check-up on determining factors for EV success

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The survey addresses a range of topics relevant to the success of plug-in electric drive vehicles, including product design (i.e., This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Nearly 68.8%