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Tesla Megapack Battery Purchase to Increase California’s Grid Reliability for Industry

Last summer, California struggled with its electricity grid, being forced to implement rolling blackouts due to failing and aging power plant infrastructure, which increased the risk of heatstroke and death and harmed the state’s economy. Bloom Energy reported that large manufacturers lose more...

Stem Inc’s Smart Energy Storage, Virtual Power Plants to Bring Performance Improvements to Customers

The technology behind these capabilities is Athena, Stem’s smart energy storage software. Using advanced artificial intelligence and machine learning, Athena “continuously collects electricity usage data, creating a virtuous cycle of learning and deep insights to better inform its AI-driven algorithm.”

Ambri Gets $144M Funding For Long Duration Battery Technology

Ambri Inc., maker of daily cycling long-duration battery systems, has secured $144 million from Reliance New Energy Solar, Bill Gates, who is the company’s largest shareholder, and others. Founded in 2010, based on MIT lab work and backed by seed money from Gates, Ambri has developed and commercialized proprietary liquid-metal ... Read more »

Engineering Firm Worley And Princeton University Outline Feasible And Affordable Paths To Net Zero

Worley, an Australian engineering firm, in collaboration with Princeton University, has issued a detailed report that outlines the need and pathways for a rapid and transformative approach to energy infrastructure in order to achieve decarbonization in line with the UN Paris Agreement. “If we develop energy infrastructure the way we ... Read more »

NY Green Bank Raises $314M, Completes First Private Capital Funding With BofA

NY Green Bank, the largest of its kind in the nation, has completed a $314 million private capital transaction with Bank of America (BofA), a first for NY Green Bank and the largest private deal by a green bank in the U.S. The funding will enable NY Green Bank to ... Read more »

Ford, VW, Tesla Lean In To LFP Battery Technology For EVs

Major automakers including Ford, VW and Tesla are increasingly leveraging lithium-iron-phosphate (LFP) for electric vehicle (EV) batteries, substituting for the more commonly used nickel or cobalt formulations, to capitalize on lower costs. Thus far, VW’s CEO Herbert Diess has committed to using LFP in the company’s entry-level EVs to bring ... Read more »

Target True Zero Initiative Launches To Achieve Zero Emissions Aviation

Launched by the World Economic Forum (WEF) and joined by a number of leading aviation industry partners, the Target True Zero initiative will identify ways to accelerate zero-emissions aviation by leveraging electric and hydrogen technologies. With growing pressure to reduce emissions across all sectors, there is renewed focus in aviation ... Read more »

DOE Awards $127M For Small Business Clean Energy R&D Projects

The U.S. Department of Energy (DOE) has awarded $127 million to small businesses working on clean energy technology, representing a total of 110 projects in 26 states. Funding is provided by DOE’s science and energy program offices, the Office of Defense Nuclear Nonproliferation, and the Office of Environmental Management. “Small ... Read more »

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