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Tesla to open 30 new service centers and stores across Europe, expand Supercharger network

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Tesla Motors will open more than 30 new service centers and stores across the continent, the company announced at the Geneva Motor Show. Competitive leasing and financing options, similar to a program the company recently launched in Germany with rental company Sixt, are also expected to drive growth on the continent. Earlier post.).

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Stored methane could become the “battery” for renewable energy, simultaneously making hydraulic fracturing obsolete, they proposed.

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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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In Viva housing cooperative, Riksbyggen, Volvo, Göteborg Energi and Johanneberg Science Park have created a unique system in which energy from solar panels on the roofs of the apartment buildings is stored in batteries that previously powered electric buses on route 55. IRIS is a Light House project, financed by EU HORIZON 2020.

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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 loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.

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Domino’s rolling out nationwide fleet of 800 Chevy Bolt EVs

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Domino’s is rolling out more than 800 custom-branded 2023 Chevy Bolt electric vehicles at select stores throughout the U.S., Domino’s is partnering with Enterprise Fleet Management, which will offer local hands-on account management, vehicle acquisition, financing, telematics solutions and maintenance for the electric delivery fleet.

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EV charging network builder Volta announces $125M in Series D funding

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Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

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Fuji Electric to offer zero-down, zero-interest financing program for fast charging stations in US

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to offer Financing Programs on their DC Quick Charging Stations for Electric Vehicles. The program offers zero-down, zero-interest financing in an effort to offset the cost of equipment and encourage small businesses to install charging stations at their sites. Fuji Electric Corp. Earlier post.)

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