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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. It also invested $58 billion in new wind projects, up 107% year-on-year.

Financing 243
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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

The alliance, including India, aims to secure 5 GW of battery energy storage by 2024, aligning with the long-term goal of developing 90 GW of storage capacity worldwide. The Challenge of Intermittency and the Role of Batteries The transition to renewable energy sources such as solar and wind power is gaining momentum globally.

Clean 52
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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

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Section 1703 of Title XVII of the Energy Policy Act of 2005 authorizes the Department to support innovative clean energy technologies that avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases. The Department of Energy’s loan programs are supporting a large, diverse $34.4

Energy 199
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How to Hasten India’s Transition Away From Coal

Cars That Think

Greenhouse gas emissions will certainly grow too, because India’s energy generation is dominated by fossil fuels—coal-fired power plants for electricity, coal- and gas-fired furnaces for industrial heating, liquid petroleum gas for cooking, and gasoline and diesel for transportation. cents per kilowatt-hour, and wind power to 3.4

Coal 83
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. It is a daunting question that a startup called Polar Night Energy, in the small and chilly nation of Finland (Figure 1), is attempting to answer.

Store 91
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President’s Jobs Council recommends an “All-in” energy strategy; from fossil fuels and pipelines, to efficiency, renewables and vehicle electrification

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Traditional forms of fossil energy will continue to be important to the economy during the transition, it emphasized. The council recommended: Allowing more access to oil, natural gas and coal opportunities on federal lands. Increasing the federal government’s commitment to and financial investment in energy R&D.

Renewable 236
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ChargePoint’s roadmap: EV charging 80% home/work, 20% public/fast, “virtual batteries” for utilities

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ChargePoint’s stance is bolstered by a new MIT study that suggests , in part, that electric cars that plug into the grid, could, collectively, act as a massive “virtual battery” for grid energy storage. Or they maintain coal-fueled backup generators that can be fired up quickly. ChargePoint envisions that at scale—i.e.,

Charging 150