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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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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects.

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

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Sinopec-built atmospheric tower on its way to Dagote in 2019. The Nigerian government planned to construct smaller modular refineries, but the lack of financing caused delays and the current status of those refineries is unclear. There is no single column which can process 650,000 barrels per day anywhere else.

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

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By 2030, bp aims to nearly double earnings from its global convenience and mobility businesses—increasing from around $5 billion in 2019—while delivering returns in the range of 15-20%. for customers, including individual drivers and fleet operators. Founded in 2018, AMPLY Power aims to make EV adoption easy for fleets.

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Data show California BEVs at 6.7% new vehicle marketshare in Q3

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BEV (battery electric vehicles) registrations saw a slight increase from the 3 rd quarter of 2019 (from 26,210 to 27,565 units), reaching a 6.7% in 2019, according to the CNCDA. between 2018 and 2019 in California, and 1.0% market share in Q3 as registrations of traditional fuel vehicles were down more sharply. Source: CNCDA.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

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The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The exact unveiling details will be announced in December 2019.

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Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019

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Further model ranges will follow, starting in 2019. The eVito will be followed in 2019 by the eSprinter. Just as important from the perspective of total cost of ownership is the integration of a robust charging infrastructure as well as comprehensive service and maintenance management. High level of industry expertise.

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