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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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Greening India’s Homes & Vehicles with Low-Cost Finance

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Greater Credit from Financial Institutions Can Improve Affordability, Awareness, and Adoption By RMI India Pursuing low-carbon development is central to India’s Paris Agreement climate goals. In this pursuit, net-zero energy buildings (NZEBs) and electric vehicles (EVs) are the two high-leverage areas.

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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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Aqueous hybrid-ion battery company Aquion completes $55M financing round

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Aquion Energy, Inc., a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Earlier post.). Earlier post.). Aqueous hybrid ion chemistry. Source: Aquion. Click to enlarge.

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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. Unlike competing technologies, Group14’s materials are designed for low cost and “drop in” compatibility with existing lithium-ion battery production.

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Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

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Leyden Energy, Inc., a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011.

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Clean Energy Ventures leads investment battery startups Nth Cycle and Volexion; upstream, downstream

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Clean Energy Ventures , a $110-million venture capital firm investing in early-stage climate tech startups, is leading the investments in two battery startups: one in the upstream ( N th Cycle ) and one in the downstream ( Volexion ). Volexion’s funding is co-led by Energy Foundry. N th Cycle. million first tranche of its $2.2-million

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