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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., Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co.,

Low Cost 450
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ExxonMobil invests $15M in University of Texas at Austin Energy Institute; renewable energy, battery technologies and power grid modeling

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The joint research initiative will study transformational energy innovations including integrating renewable energy sources into the current supply mix and advancing traditional energy sources in ways that improve efficiency and reduce impacts on water, air and climate.

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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

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Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.

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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. This will increasingly require the use of electricity from renewable sources.

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V2X company Fermata Energy raises $40M in recent round

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This technology can help enable a centralized power infrastructure to load balance, transport and store renewable energy through the EV, mobile device and IoT markets, as well as provide customer reliability. Oldenburg, a Managing Director specializing in renewables investing at Carlyle. —J.B.

Energy 225
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Toyota providing mobile retail fuel cell vehicle to support reconstruction in Fukushima Prefecture

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and Toyota Motor Corporation (Toyota) are partnering to establish a mobile retail business that uses a fuel cell vehicle in specified reconstruction and revitalization bases. FH2R has been constructed with a renewable energy-powered 10MW-class hydrogen production unit. Futaba Town, Namie Town, AEON TOHOKU Co.,

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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., Japan is promoting the adoption and expansion of renewable energy sources as a measure to reduce greenhouse gases.

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