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EU investing €1.8B in 17 large-scale clean tech projects

Green Car Congress

Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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This entity will offer a simple, fast and cost-optimized logistics scheme thanks to industrial management in the factory, for the Île-de-France commercial network (RRG, dealerships, Renault Occasions/RVO). To meet this demand the division will work on developing new services (renewal, heavy repairs, etc.)

Economy 397
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40 Tesla Megapacks replace WW2 turbojet generator in Belgium

Teslarati

Tesla noted that the Deux-Acren project, which installed the Megapacks, is now one of the largest storage systems in Europe. “Megapack is quieter and supports the local electric grid with energy shifting and stabilizing services and seamless integration with more renewable sources,” Tesla said in its video.

Belgium 130
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Total to acquire battery-maker Saft in US$1.1-billion deal

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France-based energy major Total has filed a friendly tender offer on all of the issued and outstanding shares in the capital of advanced battery maker Saft with the French Financial Markets Authority (Autorité des Marchés Financiers, AMF). The proposed offer will target all of Saft’s issued and outstanding shares at a price of €36.50

Batteries 150
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Luis Ortiz, LMBC’s President.

MIT 210
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. This was plain wrong. Gas is the only answer.

Power 52
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MIT team calls initial performance results of magnesium-antimony liquid metal battery “promising”

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Luis Ortiz, are also founders of Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications. Earlier post.).

MIT 301