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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. For the first 18 months of DOE’s program, CFS milestones focus on its commercially relevant net energy fusion device, called SPARC. Focused Energy Inc.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. The Louisiana facility is the company’s first major project.

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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels.

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Fulcrum BioEnergy successfully produces first low-carbon synthetic crude oil from landfill waste at its Sierra BioFuels Plant

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Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant.

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Aqua Metals and 6K Energy partner to develop low-carbon CAM precursors for Li-ion batteries

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The companies have initiated the partnership with a non-recurring engineering (NRE) agreement to develop low-carbon technology for the conversion of critical metals—first virgin and later recycled material—into battery-grade cathode active material (CAM) precursors, which are essential to 6K Energy’s advanced cathode manufacturing.

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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Sourcing battery metals is the biggest hurdle facing the clean energy transition, and the pipeline of new mining projects on land is insufficient to meet rising demand.

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Clean Energy Ventures leads investment battery startups Nth Cycle and Volexion; upstream, downstream

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Clean Energy Ventures , a $110-million venture capital firm investing in early-stage climate tech startups, is leading the investments in two battery startups: one in the upstream ( N th Cycle ) and one in the downstream ( Volexion ). Volexion’s funding is co-led by Energy Foundry. N th Cycle. N th Cycle process diagram.

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