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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. Under the terms of the agreement, Energy Vault agreed to provide 1.6

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. Source: BloombergNEF.

Wind 207
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DOE awards $3M for 10 high-performance computing projects to improve energy efficiency and material performance

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The US Department of Energy (DOE) announced $3 million in funding for 10 high-performance computing projects that will advance cutting-edge manufacturing and clean energy technologies. Improvements in manufacturing processes that result in significant national energy savings and carbon emissions. Solar Turbines.

Energy 321
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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. —Jason Ahn, CEO of SK E&C.

Hydrogen 386
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Cummins invests $24M in flow battery leader VoltStorage

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By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage. In addition, the international research and development team is working on the low-cost iron-salt battery, the properties of which make it particularly suitable for ensuring base load capability for wind and solar farms.

Batteries 467
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GWU team demonstrates highly scalable, low-cost process for making carbon nanotube wools directly from CO2

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Researchers at George Washington University led by Dr. Stuart Licht have demonstrated the first facile high-yield, low-energy synthesis of macroscopic length carbon nanotubes (CNTs)—carbon nanotube wool—from CO 2 using molten carbonate electrolysis ( earlier post ). —Johnson et al. —Johnson et al. Johnson et al.

Low Cost 300
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Utility solar dethrones coal as the cheapest power source in Asia

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Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52