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V2X company Fermata Energy raises $40M in recent round

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Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

Energy 225
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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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In June we announced our collaboration with the Volvo Group, Hitachi Energy, H2 Green Steel and Nel Hydrogen with the purpose to invest in fossil-free hydrogen in Hofors. An investment that also got the support from the Swedish Energy Agency. We are very pleased to have reached this important milestone.

Purchase 418
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Toshiba delivers two SCiB Li-ion grid energy storage systems

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Toshiba Corporation has delivered battery energy storage systems integrating the company’s SCiB Li-ion battery ( earlier post ) to Kyushu Electric Power Co., for a demonstration project to expand introduction of renewable energy sources on remote islands. The demonstration program will run for three years to fiscal 2016.

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Toyota to participate in smart grid pilot project with Duke Energy in Indiana; optimized vehicle charging scheme

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Toyota Motor Corporation (TMC), in cooperation with Duke Energy and non-profit industry initiative Energy Systems Network (ESN), will participate in a joint smart-grid pilot project in Indiana, the United States. The project is scheduled to begin in early 2013 and to run for approximately one year.

Indiana 244
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ARPA-E awarding $9.4M to 4 projects focused on removing sulfur hexafluoride from US grid

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The US Department of Energy’s (DOE) Advanced Research Project Agency-Energy (ARPA-E) has selected four projects to receive a combined $9.4 million to develop technology focused on removing sulfur hexafluoride (SF 6 )from the US power grid. GE Grid Solutions, LLC in Charleroi, Pa.; Toshiba International Corporation.

Grid 186
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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. The steel and energy industries have of course long been closely linked.

Hydrogen 170
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Toshiba to supply Li-ion battery energy storage system for frequency regulation project in US

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Toshiba Corporation has received an order to supply a large-scale battery energy storage system (BESS) for a power frequency regulation project in Hamilton, Ohio. The project will be carried out by Sumitomo Corporation, Sumitomo Corporation of Americas and Renewable Energy Systems Americas, a US renewable energy developer.