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Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

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Additionally, early conversion testing of Compass Minerals’ brine across a wide range of operating parameters has provided confidence in the scalability of the planned DLE facility to be located at Compass Minerals’ operations in Ogden, Utah. per share, resulting in proceeds to Compass Minerals of $252 million.

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Rio Tinto makes US$10M strategic equity investment in Nano One; strategic partnership on cathode materials

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The technology applies to all lithium-ion battery chemistries for applications in electric vehicles, renewable energy storage and portable electronics. Nano One will issue to Rio Tinto 1,000,000 non-transferrable Share purchase warrants (a “Warrant”) as consideration for their technical and support services.

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Ideal Power and EnerDel partner on mobile hybrid power systems

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a developer of a novel indirect power conversion technology ( earlier post ), and EnerDel, Inc., a developer of a novel indirect power conversion technology ( earlier post ), and EnerDel, Inc., has developed a novel, patented power conversion technology called Power Packet Switching Architecture (PPSA). Ideal Power Inc.,

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Ioxus acquires Japanese ultracapacitor manufacturer Power Systems, Ltd.

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With Power Systems’ proprietary high-power flat cell design, Ioxus says it gains the technological building blocks for creating flexible ultracapacitor energy storage solutions for a variety of applications.

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Coritech Services orders Ideal Power’s bi-directional battery converters for DoD vehicle-to-grid program

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developer of a power conversion technology called Power Packet Switching Architecture (PPSA), received a purchase order for ten of its PPSA-enabled 30 kW battery converters from Coritech Services, a provider of custom engineering solutions for a variety of applications including electric vehicle charging. Ideal Power Inc.,

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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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In Germany, Mercedes-Benz Cars has eight vehicle and powertrain plants (Bremen, Rastatt, Sindelfingen, Berlin, Hamburg, Kamenz, Kölleda, Stuttgart-Untertürkheim), which either purchase electricity or operate their own power plants. This corresponds to about three quarters of the required electricity in the German plants.

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California Energy Commission awards $750K to Electricore to study standardization of plug-in vehicle batteries

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Standardizing PEV batteries could reduce the purchase and ownership costs of PEVS, as well as addressing additional consumer issues such as maintenance and safety. million to demonstrate renewable energy management using a compressed air energy storage system. The project includes $437,093 in match funding from Anaergia.

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