article thumbnail

DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

article thumbnail

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

Green Car Congress

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.

article thumbnail

JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

Green Car Congress

JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co.,

article thumbnail

How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

article thumbnail

WMG researchers convert used EV batteries into small off-grid ESS units

Green Car Congress

Researchers at WMG, University of Warwick, have repurposed end-of-life electric vehicle batteries as small energy storage systems (ESS) for off-grid locations in developing countries or isolated communities. —Professor James Marco.

Grid 300
article thumbnail

Cornell team suggests engineered bacteria could address current limitations of energy storage technologies

Green Car Congress

Raising the penetration of renewable —an intermittent—sources of energy into the grid will require large scale electrical energy storage and retrieval. However, at present, no existing technology provides such storage and retrieval at a low financial and environmental cost.

article thumbnail

Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.