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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 US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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This will be the first geothermal energy storage system on the Texas grid

Baua Electric

Image: Sage Geosystems Sage Geosystems will launch EarthStore this year, which uses geothermal energy storage to produce clean electricity on demand. Sage will operate as a merchant, buying and selling electricity to the ERCOT grid. The project is expected to come online later in 2024. Get started here.

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Tech: Energy Storage Is Revolutionizing EV Charging:

Clean Fleet Report

Tech: Energy Storage Is Revolutionizing EV Charging: Battery Energy Storage Systems (BESS) Are Powering the Future of Electric Vehicles Mobile BESS have many uses (photo courtesy TROES) The electrification of vehicles is taking the world by storm, with more end users looking to optimize their purchase of their vehicles.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.

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GKN Hydrogen, SoCalGas and NREL to collaborate on solid-state hydrogen storage project; HY2MEGA

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(SoCalGas) will work with the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) on an innovative green hydrogen storage solution. GKN Hydrogen’s HY2MEGA can enable safe, long duration clean energy storage without the need for compression. Supported by $1.7

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