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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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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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FreeWire Technologies, a developer of ultrafast electric vehicle (EV) charging and energy management solutions, raised $125 million in new capital. The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc.

Charging 195
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Get H2 partners propose green hydrogen pipeline in Europe

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Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. With the integration of a cavern storage facility by RWE in Gronau-Epe, the system, which is based on electricity generation from wind energy, can also make a contribution to supply security.

Hydrogen 435
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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ellex Raidla acted as legal advisors to Skeleton Technologies.

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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. Bank of America can help move GCEP technologies to commercialization.

Climate 218
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Source: Siemens.

Germany 239
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant suggests that, since the automakers have already designed the vehicles that they will be selling in 2018, they will become more vocal in 2014 to push for changes; the firm expects the dispute to escalate, perhaps resulting in legal action. Vehicle-to-grid pilot projects will expand and begin generating revenue across the US.

2014 346