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Leclanché secures $76M in funding, $51M facility for acquisitions and joint ventures in e-Transport and stationary grid-based storage markets

Green Car Congress

In addition to CHF 75 million (US$76 million) committed corporate funding, FEFAM has agreed to provide a conditional CHF 50 million (US$51 million) funding facility for acquisitions and joint ventures. We are also in the advanced stage of completing an agreement to set up a joint venture with a market leader in India.

Grid 150
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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. As we increasingly electrify our homes, transportation, and factories, utility companies’ choices about transmission will have huge consequences for the nation’s economy and well-being. Their grip over the backbone of U.S.

Grid 141
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Cohort of new stakeholders joins Open Hydrogen Initiative

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Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. —Paula Gant, Ph.D., President and CEO of GTI Energy.

Hydrogen 482
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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. Purveyors of EVs would have a new public-policy rationale backing up their market. And EV owners would become entrepreneurs, selling electricity back to the grid.

Grid 138
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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., Hydrogen is produced and stored based on the hydrogen demand and supply forecasting system’s forecasts for hydrogen demand in the market.

Low Cost 450
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SHV Energy and UGI to launch joint venture to advance use of renewable DME; 300 kilotons rDME/year by 2027

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SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.

Renewable 305
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New “50 by 50” Commission seeks to halve US transportation energy use by 2050

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The Alliance to Save Energy has chartered a national commission of business, government and civil society leaders that will work together to develop a pathway and recommendations to reduce energy use in the US transportation sector by 50% by 2050 while meeting future mobility needs. We’re at a fascinating time in the transportation industry.