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

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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.

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

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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.

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Making battery energy storage an integral part of ‘Net-Zero’ – ET Auto

Baua Electric

As the global hunger for renewable energy (RE) increases, battery energy storage ( BES ) systems are expected to become omnipresent. In the Indian context, the country’s commitment to ‘ net-zero ’ is evident through its ambitious targets of achieving 500 GW of clean energy installation capacity by 2030.

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

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billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

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

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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

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Palermo school buses go electric with funding and 50% lower electricity rate from AMPLY Power

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In dollars per gallon terms, that energy cost means Palermo is effectively paying $1.19 PG&E also provided $35,488 in charger rebates and “make ready” Electric Vehicle Supply Equipment (EVSE) incentives, bringing the total funding amount to $85,327. Similar to how data centers optimize for high efficiency, low cost, and 99.99

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