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DOE awarding $46M to 8 companies to support commercial fusion energy development

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The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. Focused Energy Inc. Austin, TX).

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GM launches GM Energy business unit with Ultium Home, Ultium Commercial

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General Motors introduced Ultium Home and Ultium Commercial, which in combination with the existing Ultium Charge 360, create an ecosystem of energy management products and services that will be housed under a new business unit called GM Energy.

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Loop Energy partnering with METTEM-M on hydrogen electric powertrains for commercial vehicles in Russia; GAZ bus first project

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Loop Energy, a developer and manufacturer of hydrogen fuel cell-based solutions, is partnering with METTEM-M Ltd. , a developer of vehicle control systems and systems integrator, to provide hydrogen electric powertrain solutions to commercial vehicle OEMs across Russia, the Commonwealth of Independent States (CIS), and greater Europe.

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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Solid-state sodium-ion battery company LiNa Energy closes out £3M late seed funding round

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Solid-state sodium-ion battery company LiNa Energy has closed out a £3-million (US$3.4-million) LiNa’s solid-state ceramic electrolyte reduces ionic resistance and removes unproductive mass, unlocking a two-fold performance improvement in energy densities versus alternatives. To date the company has secured more than £10.5

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