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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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The US Department of Energy (DOE) awarded $22.1 million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. This funding opportunity is administered by DOE’s Office of Nuclear Energy (NE). Other projects.

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Ideanomics’ Mobile Energy Group and Petro China partner to develop clean energy fuel stations in Nanjing

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and its strategic Mobile Energy Group (MEG) announced a strategic partnership with the China National Petroleum Corporation Nanjing (CNPC or PetroChina) to begin converting existing fossil fuel gas stations in the city of Nanjing. Ideanomics Inc. —Xu Xingxiang, Chairman of PetroChina Nanjing.

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Clean Energy goals 100% renewable natural gas at its stations by 2025

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Clean Energy Fuels Corp. By transitioning exclusively to Redeem by 2025 and by achieving zero carbon-intensity, Clean Energy would outdistance other alternative fuels, including electricity for EVs, which are not excepted to hit that mark until 2045. Littlefair, president and CEO, Clean Energy.

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Nutrien to build world’s largest clean ammonia production facility; LOI with Mitsubishi for up to 40% offtake for fuel

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is evaluating Geismar, LA as the site to build the world’s largest clean ammonia facility. Building on the company’s expertise in low-carbon ammonia production, clean ammonia will be manufactured using innovative technology to achieve at least a 90% reduction in CO 2 emissions. Canada-based Nutrien Ltd. Source: Nutrien.

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Nikola and TC Energy to co-develop large-scale clean hydrogen hubs

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Nikola Corporation and TC Energy Corporation, a leading North American energy infrastructure company, have agreed to collaborate on co-developing, constructing, operating and owning large-scale hydrogen production facilities (hubs) in the United States and Canada.

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Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

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Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry.

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