Remove Commercial Remove Financing Remove Grid Remove International
article thumbnail

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

Green Car Congress

The bipolar structure simplifies internal battery connections to reduce internal resistance and improve round-trip efficiency. The Eos Z3 battery contains predominately American components and is specifically designed for mass production and meeting low-cost, long-duration, grid-scale stationary energy storage needs.

article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4

Coal 243
article thumbnail

XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. eNow has pioneered the development of mobile solar battery charging systems to the commercial fleet market since 2011. XL Fleet Corp.

Fleet 259
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

Certain segments, such as buses and two- and three-wheelers are close to being on track for net zero, but more action is needed to get on track elsewhere—especially in medium- and heavy-duty commercial vehicle segments, BNEF said. Last ICE in 2038.

article thumbnail

Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

Green Car Congress

million) Series D financing round. All existing investors participated in the equity raise and were joined by notable European entrepreneurs and international investors. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. million (US$48.4

article thumbnail

Octillion Power Systems debuts new EV battery-leasing plan

Green Car Congress

The program is designed to ensure that fleets feel prepared to make the switch from vehicles powered by internal combustion engines to electric vehicles. Ultimately, this will allow Octillion to build market cases for traditional financing groups eager to get into battery leasing but concerned by the technology.

Power 307
article thumbnail

2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

Green Car Congress

It’s a capital-light solution that takes advantage of technology that has been commercialized for decades. An international panel of judges from the private, public, and nonprofit sectors selected two winners in each of this year’s five prize categories: Carbon Capture & Utilization. Energy Access. Transportation.

2019 207