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ExxonMobil invests $15M in University of Texas at Austin Energy Institute; renewable energy, battery technologies and power grid modeling

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ExxonMobil will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change. This research will complement ExxonMobil’s recently announced partnership with FuelCell Energy, Inc.

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$50M Battery500 consortium targeting battery pack with specific energy of 500 Wh/kg

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The Battery500 consortium will receive up to $10 million a year over five years from the Department of Energy’s Office of Energy Efficiency and Renewable Energy. University of Texas at Austin. Consortium members will work to ensure significant innovations can be quickly and seamlessly implemented by industry throughout the project.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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The TCF was created by the Energy Policy Act of 2005 to help catalyze the agency’s research, development, demonstration, and deployment efforts into affordable, market-ready energy solutions, by strengthening partnerships between DOE’s National Labs and American entrepreneurs. NovaCentrix (Austin, Texas). Framatome Inc.

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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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National Renewable. for High Power Wind Generators The University of Houston will develop a new, low-cost. resulting in reduced cost for renewable solar electricity. Concentrating Solar Power/Nuclear: Advanced Molten Glass. stores energy from the sun to be released onto the grid at a. power grid.

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