Energy Update
By now the green hydrogen hype cycle is well understood. Still, project announcements without much merit often face little scrutiny.
The 900 MW Nant de Drance Pumped Storage Power Plant in Switzerland was named one of TIME’s Best Inventions for 2022.
A two-day auction to determine who will develop the first-ever offshore wind projects off the coast of California raised a combined total of $757 million from developers.
A manufacturer of lithium iron phosphate battery cells has chosen Tuscon, Arizona, for its first gigafactory, representing an estimated capital investment of $1.2 billion.
LONDON (AP) — Environmental groups on Dec.7 welcomed a decision by Britain’s Conservative government to lift its opposition to onshore wind farms. But they warned that any benefit would be erased if the government backs plans to open the U.K.’s first new coal mine in three decades.
The Interior Department’s Bureau of Ocean Energy Management launched an online auction December 6 marking the first sale of offshore wind development rights for waters off the coast of California.
The Bureau of Land Management (BLM) said it will develop an updated plan to guide solar energy development on public lands through an updated Solar Programmatic Environmental Impact Statement (PEIS).
The BLM is also initiating reviews of three proposed solar projects in Arizona that could add 1 GW of capacity to the grid.
Nickel-zinc battery producer ZincFive said it raised $54 million in Series D funding, bringing its total funding since inception to $139 million.
The latest funding round was led by Helios Climate Ventures.
Quidnet Energy has been selected to receive $10 million in funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E).
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