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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

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FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. Additionally, FREYR intends to apply with the US Department of Energy for packages that could include a grant and/or direct loans to assist with the development of Giga America. billion through 2029.

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Researchers develop wave-energy-driven CO2 reduction system for production of carbon-based liquid fuels

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A team from King Abdullah University of Science and Technology (KAUST), Beijing Institute of Nanoenergy and Nanosystems, and Georgia Tech has developed a a wave-energy-driven electrochemical CO 2 reduction system that converts ocean wave energy to chemical energy in the form of formic acid, a liquid fuel. Leung et al.

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Georgia Tech team develops simple, low-cost process for oxide nanowires; superior separators for Li-ion batteries

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Researchers at Georgia Tech have developed a simple technique for producing oxide nanowires directly from bulk materials under ambient conditions without the use of catalysts or any external stimuli. In addition to those already named, the research included Alexandre Magaskinski of Georgia Tech and Gene Berdichevsky of Sila Nanotechnologies.

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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

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President Obama announced that the Department of Energy has offered conditional commitments for a total of $8.33 billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. Total cost of the new units is currently projected to be approximately $14 billion.

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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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The post-combustion outlet gas is more easily separated into water and CO 2 to the pipeline, thereby lowering the electricity costs of grids with high levels of VRE. Synergistic Heat Pumped Thermal Storage and Flexible Carbon Capture System - $1,000,000. Georgia Institute of Technology. 8 Rivers Capital.

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Market Update: How Battery Pack Costs Declined Since 2008

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Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. Historical data is an eye-opener.

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ARPA-E awards $130M to 66 “OPEN 2012” transformational energy technology projects

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If successful, the new crop would have a lower cost of. Turbo-POx For Ultra Low-Cost Gasoline. ARPA-E OPEN 2012 selections: Transportation Energy Storage. stack that performs at lower cost than current automotive. Georgia Institute. The Georgia Institute of Technology (Georgia Tech) will develop a.

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