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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

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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Nissan Dealers May Foot the Bill for the Brand's Price-Cutting Sales Strategy

The Truth About Cars

Nissan gave its franchisees authorization to sell vehicles below invoice, but some stores are unhappy with the brand’s shifting attitudes toward their profitability. The company has one of the largest supplies on dealership lots, with Cox Automotive reporting that it averaged 98 days of supply at the end of March.

Dealers 109
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

In a region known for long, dark winter nights, Polar Night Energy is building a system in the city of Tampere that can heat buildings with stored solar energy — all day, all night, and all winter long. This means that storing and distributing energy is as important as its generation. The apparent contradictions do not end there.

Store 91
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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV. The system has a total capacity of up to 328 kWh, which can be used to supply fast-charging stations with a transmission power of up to 150 kW.

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

Green Car Congress

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.

Volt 334
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

—Deloitte report The projections come from Deloitte’s Hydrogen Pathway Explorer (HyPE) model, which delivers one of the most comprehensive analyses of the supply of hydrogen globally. trillion in developing economies. trillion in developing economies.

Clean 429
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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

Green Car Congress

Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. This financing is supported by the InnovFin Energy Demonstration Projects of the European Commission, funded by EU’s research & innovation framework program.

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