Remove Cost Remove Energy Storage Remove Financing Remove Low Cost
article thumbnail

DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

article thumbnail

Aqueous hybrid-ion battery company Aquion completes $55M financing round

Green Car Congress

Aquion Energy, Inc., a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Earlier post.). Aqueous hybrid ion chemistry. Source: Aquion. Click to enlarge.

Financing 301
article thumbnail

Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

article thumbnail

A Mars rover scientist is about to scale carbon-oxygen batteries

Electrek

Noon Energy , which has developed “ultra-low-cost, high energy density carbon-oxygen battery technology for long-duration energy storage” for solar and wind power, today announced that it’s secured $28 million in Series A financing to commercialize its technology.

Carbon 123
article thumbnail

DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017.

Parts 459
article thumbnail

Boulder Ionics raises $4.3M for high-throughput production of ionic liquid electrolytes for energy storage devices

Green Car Congress

Boulder Ionics Corporation, a startup that has developed a novel, high-throughput, low-cost synthesis platform for producing ionic liquid electrolytes for use in advanced energy storage devices, completed a $4.3-million million Series A financing. With this $4.3

article thumbnail

Ionic Materials raises $65M in Series C; polymer electrolyte for solid-state batteries

Green Car Congress

Ionic Materials has secured $65 million in a Series C financing round from a leading group of financial and strategic investors. Further advancements made possible by Ionic Materials’ polymer will support very inexpensive and low-cost rechargeable alkaline batteries as well. Low cost precursors.

Polymer 327