Remove Commercial Remove Financing Remove Production
article thumbnail

Get Ready for the Stellarator Showdown

Cars That Think

Both firms say the papers demonstrate that their machines can deliver commercial fusion energy. Type One Energy is working with the Tennessee Valley Authority to build a commercial stellarator by the mid-2030s. The company claims Alpha will be the first stellarator to demonstrate net energy production in a steady state.

Fusion 117
article thumbnail

Carmax, Carvana, and automotive stakeholders urge U.S. Senate to keep EV tax credits

Plug in America

We’re thankful that the Senate Finance committee chose to omit this penalty fee for the millions of Americans that already pay steep state EV-specific state registration fees.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Nuclear Fusion’s New Idea: An Off-the-Shelf Stellarator

Cars That Think

The team’s use of permanent magnets may not be the ticket to producing commercial-scale energy, but PPPL’s accelerated design-build-test strategy could crank out new insights on plasma behavior that could push the field forward more rapidly. The Muse project was financed by internal R&D funds and used mostly off-the-shelf components.

IDEA 145
article thumbnail

Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

Green Car Congress

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268
article thumbnail

Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

Green Car Congress

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

Hydrogen 397
article thumbnail

DiviGas closes $3.6M seed round to support commercialization of next-gen membrane for H2 separation

Green Car Congress

million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. Hydrogen production is also a major emitter of CO 2 , generating approximately 1000 million tons or more than 2% of global O 2 emissions. and many other production facilities. Start-up DiviGas has announced a $3.6-million

article thumbnail

Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

Green Car Congress

million in new financing. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Niron is developing the first advanced manufacturing process for the mass production of the FeN permanent magnets.

Minnesota 482