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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. Background.

Clean 334
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. The round welcomes Low Carbon Innovation Fund 2 alongside existing investors ENGIE New Ventures, Sumitomo and Macquarie, among others. —Matthew Lumsden, CEO of Connected Energy.

Connect 186
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Solar and Battery Companies Rattle Utility Powerhouses

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All eyes these days may be on Elon Musk's space venture—which has just put people in orbit —but here on Earth you can now get your monthly electric bill courtesy of a different Musk enterprise. Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states.

Solar 115
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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The ReFactory aims to achieve a negative carbon balance by 2030—an objective in line with the Group’s ambition to achieve carbon neutrality in Europe by 2050. New operating opportunities such as stationary storage make it possible to perpetuate the service that the battery offers.

Economy 397
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UC Davis researchers suggest we may be at the beginning of a real hydrogen transition in transportation

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A few regions (notably California, Japan and Germany) have committed significant funds to support the next crucial steps forward on infrastructure build-out. It appears that this is poised to happen in at least three places in the world: California, Germany and Japan. But energy decision-makers have heard this before.

Davis 250