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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).

Fusion 305
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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Bloom Energy officially introduced the Bloom Electrolyzer in July 2021. Source: Heliogen. Source: Heliogen.

Low Cost 397
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USABC awards $3.5M low-cost/fast-charge battery technology development contract to Zenlabs Energy

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million technology development contract to Zenlabs Energy Inc. in Fremont, California for a low-cost/fast-charge (LCFC) technology development. Zenlabs has developed proprietary silicon-based formulations that offer higher specific capacity, longer cycle life, and lower cost. This is Zenlabs’ third contract with USABC.

Low Cost 225
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Argonne-led team develops new low-cost cobalt-based catalyst for PEM electrolysis

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A multi-institutional team led by the US Department of Energy’s (DOE) Argonne National Laboratory (ANL) has developed a low-cost cobalt-based catalyst for the production of hydrogen in a proton exchange membrane water electrolyzer (PEMWE). volts (Nafion 212 membrane) and low degradation in an accelerated stress test.

Low Cost 186
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General Fusion and UK Atomic Energy Authority (UKAEA) announce collaborative agreement to advance commercial fusion energy

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General Fusion and the UK Atomic Energy Authority (UKAEA) kicked off projects to advance the commercialization of magnetized target fusion energy as part of a collaborative agreement. Ultimately, the company expects the projects will support its efforts to provide low-cost and low-carbon energy to the electricity grid.

Fusion 243
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Ionblox raises $24M Series B to support the commercialization of high energy & high power battery cells; Lilium an investor

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The company’s batteries are suited for high performance automotive and aviation applications, where the combination of these features can drive the electrification of transportation. The company will use the investment to continue scaling operations and increasing manufacturing capabilities as it ramps up production in the United States.

Energy 282
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Sionic Energy, formerly NOHMs, launches to commercialize next-generation silicon-anode Li-ion battery cells

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Sionic’s silicon-anode battery cell designs incorporate the company’s complete technology innovations that deliver up to 50% greater energy density, 30% lower cost, and increased safety, and can be integrated into cylindrical, pouch, or prismatic cell formats in existing cell production supply chains and infrastructure.

Li-ion 221