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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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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. million in lease payments for use of the land and buildings. and a CDN$23-million equity offering lead by Sprott Capital Partners LP.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. The market for all recyclables, from mixed plastics to cardboard and paper, collapsed in 2018, when China banned the import of recycled waste materials.

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bp acquires EV fleet charging provider AMPLY Power; first major step into electrification in the US

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As we continue to invest in new forms of infrastructure and technology to serve our global fleet customers, AMPLY Power provides an ideal opportunity to build our EV business in the US. Founded in 2018, AMPLY Power aims to make EV adoption easy for fleets. Founded in 2018, AMPLY Power aims to make EV adoption easy for fleets.

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Didi Chuxing sets up JV with China EV maker BAIC-BJEV; next-gen connected car systems; Transportation Brain

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DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018. In late December 2018, Jinan Transportation Brain, a partnership between DiDi and Jinan city’s transportation authorities, went into full operation.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Leverage increased private sector financing for deployment of “all of the above” energy technologies. The plan is organized into 12 strategic objectives aimed at three distinct goals: Science and Energy; Nuclear Security; and Management and Performance.

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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia.

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