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Canadian startup launches INDIEGOGO funding campaign for low-cost electric self-charging solar tricycle produced in Pakistan

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The team projects that the high-efficiency vehicle will have a a minimum unit cost of only $1,400 to produce—the price of an average mountain bike—once the funding goal is reached. The VEGAN is a lightweight multipurpose hybrid electric-self-charging solar tricycle. The team has not yet produced a working demo for their concept.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

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The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Insurance quotes for drivers attaining the Fisker Ocean are projected to be significantly lower than other vehicles on the road today due to a unique and proprietary low cost of service and maintenance model.

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DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

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Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design.

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DOE issues RFI for hydrogen delivery R&D, targeting cost of $2-4 gge

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DOE’s Fuel Cell Technologies (FCT) Office would like feedback on the “ 2013 Hydrogen Compression, Storage, and Dispensing Cost Reduction Workshop Final Report ”, with specific interest in which of the topics identified in the report are the most relevant to cost reduction at the hydrogen refueling station (forecourt).

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DOE selects 15 projects for $32M to advance lower-cost fusion concepts; ARPA-E BETHE

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These projects will work to develop timely, commercially viable fusion energy, with the goal to increase the number and performance levels of lower-cost fusion concepts. However, there remains a need to lower the costs of fusion development and accelerate its development timeline to have appreciable impact.

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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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In collaboration with NE, DOE’s Hydrogen and Fuel Cell Technologies Office will provide funding and project oversight for the two hydrogen production–related projects that were selected: General Electric Global Research, Scaled Solid Oxide Co-Electrolysis for Low-Cost Syngas Synthesis from Nuclear Energy.

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Hydrexia and HyGear partner on low-cost hydrogen distribution in Europe; solid state storage and delivery

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The agreement between the two companies allows for development and supply of a complete hydrogen generation, storage and distribution system with a lower cost product for customers. Hydrexia is entering the European market in partnership with HyGear with the intention of becoming a distributor of the lowest cost hydrogen in Europe.

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