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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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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Law firm Akerman launches EV infrastructure-oriented legal team – Charged EVs

Baua Electric

Akerman, a top-100 US law firm with over 700 employees, has launched three new teams under the umbrella of its Energy and Infrastructure Sector Team, focusing on renewable energy and other high-tech infrastructure.

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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

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The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Get H2 partners propose green hydrogen pipeline in Europe

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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. The current focus is on the amendment of the Energy Industry Act (EnWG). The IPCEI program can finance the network construction in part.

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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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EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage

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has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA diversified its business and formed CODA Energy two years ago.