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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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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. barrel per ton of feedstock.

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Sakuu partners with LiCAP Technologies for electrode supply for solid-state batteries

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Under the MOU, the two companies will partner to establish best practices for end-to-end development and the reliable commercial supply of premium electrodes for Sakuu’s additive manufactured (AM) solid-state battery technology. The mixture is then fed into a special equipment designed by LiCAP engineers.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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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. Of that, $1.6 The awardees are: Materials Separation & Processing (Anode Materials).

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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

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The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina. Livent has nearly eight decades of experience producing a diverse range of lithium chemicals for energy storage and other specialty applications.

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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Higher prices reflect the relative immaturity of these markets, the higher production costs, the diverse range of applications and battery imports. For the higher end of the range, low volume and bespoke orders push prices up. —Evelina Stoikou, an energy storage associate at BNEF and lead author.

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