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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

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. Rendering of Advanced Clean Energy Storage salt cavern.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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First Fastned fast-charging stations broke-even in March

Green Car Congress

This means that the operating expenses, such as the purchase of power, grid connection fees, licence costs, land lease, cleaning and maintenance costs were covered by the revenues generated at those stations. The final step to profitability of the company is also to cover depreciation and finance costs.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2

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BLUETTI expands its Solar+ program to three more states

Baua Electric

Homeowners can connect their BLUETTI power system to the grid in its Virtual Power Plant (VPP) plan, allowing excess solar power to be sold back to the utility for additional money for homeowners. BLUETTI’s project managers are easily reachable and provide ongoing support, maintenance, and system optimization.

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More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. Then it takes the DC from the bus, or car, and converts it back to AC to provide power for the grid. That’s one way.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

In addition to providing clean transportation for children, school bus electrification programs will add $6 billion to the economy and create 46,000 job years. These fleet owners will be challenged by the cost of building charging infrastructure and long — even multi-year — lead times for grid connections. According to the U.S.