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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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A rugged, injection-molded thermoplastic polymer exterior provides an optimized structure into which the electrodes are inserted—the Z3 design requires just 20 of them—minimizing materials, manufacturing, and maintenance while eliminating the risk of any external leaking.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The new capital will be used to support FreeWire’s growth plans as the company accelerates commercial deployments of its battery-integrated ultrafast EV charging technology and increases manufacturing capacity to meet growing global customer demand, including high priority markets such as the UK, Canada, Japan, and Australia/New Zealand.

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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The company acquired major new clients in the last months, including a world leader in renewable energy production and a leading hydrogen bus manufacturer. Ellex Raidla acted as legal advisors to Skeleton Technologies. This follows a similar growth in 2019. Our ultracapacitors have four times the power density of Tesla’s.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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CaFCP: 1,000 H2 stations enabling 1M fuel cell electric vehicles on California roads in 2030

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The vision document also explores the synergies between light-duty and heavy-duty fueling infrastructure, the opportunities for renewable hydrogen and the role of hydrogen in the increasingly renewable electrical grid. It is not a joint venture, legal partnership or unincorporated association.

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Tesla acquiring SolarCity in $2.6B all-stock deal; expected close of transaction in Q4

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After due diligence in consultation with independent financial and legal advisors, the independent members of the Tesla and SolarCity boards of directors approved the transaction. Tesla’s financial advisor was Evercore, and Wachtell, Lipton, Rosen & Katz was its legal advisor.

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EC proposes modernizing EU legislation on batteries to enhance sustainability and safety

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Providing legal certainty will additionally help unlock large-scale investments and boost the production capacity for innovative and sustainable batteries in Europe and beyond to respond to the fast-growing market. It will enable manufacturers to develop innovative products and services as part of the twin green and digital transition.

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