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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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DOE offers $2B conditional commitment for first advanced fossil energy loan guarantee

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The US Department of Energy (DOE) offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana. Overall, Lake Charles Methanol anticipates a $3.8

Energy 150
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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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To date, the TCF has funded more than 380 projects by unlocking more than $170 million in funding from more than 300 private sector partners, including automotive manufacturers, energy storage companies, utilities, bioenergy companies, solar providers, and aerospace companies. Alumina Energy, LLC (Los Angeles, California).

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DOE awarding $33M for carbon-neutral hybrid electric aviation

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REEACH projects seek to create innovative, cost-effective, and high-performance energy storage and power generation sub-systems for electric aircraft, with a focus on fuel-to-electric power conversion technologies. Both programs work to decrease energy usage and associated carbon emissions for commercial aircraft propulsion systems.

Carbon 218