Renewable Energy Updates

The pace within the energy arena is always on the increase and WOBO appreciates the links from renewable energy, both in term of developments – both physical and linked to research.

Geothermal Energy Company XGS Energy Secures $9.7M in New Financing 

Geothermal Energy Company XGS Energy Secures $9.7M in New Financing 

XGS Energy, a geothermal energy technology company, announced that it has raised an additional $9.7 million in financing. The round was led by Constellation Technology Ventures, with BlueScopeX and Thin Line Capital, as well as individual inside investors. This new financing will accelerate XGS’ North American prototype demonstrating its proprietary Thermal Reach Enhancement™ (TRE) geothermal technology at full commercial scale.

FreeWire Technologies to Offer EV Charging Solutions to GM Energy Commercial Customers

FreeWire Technologies to Offer EV Charging Solutions to GM Energy Commercial Customers

FreeWire Technologies will collaborate with GM Energy to accelerate the deployment of ultrafast EV charging infrastructure for GM Envolve fleet and commercial customers nationwide. This effort will help support GM Energy by providing a streamlined and flexible EV charging solution.

 

 

Plug Power Starts Production of Liquid Green Hydrogen at its Georgia Plant

Plug Power Starts Production of Liquid Green Hydrogen at its Georgia Plant

Plug Power Inc., a leader in comprehensive hydrogen solutions for the green hydrogen economy, has started operation of the largest liquid green hydrogen plant in the U.S. market. This is the largest electrolytic liquid hydrogen production plant, and largest PEM electrolyzer deployment operating in the U.S. The plant showcases Plug’s own electrolyzer technology.

 

Airborne Wind Energy Developer Kitemill Secures €2M to Drive 2024 Tech Advances

Airborne Wind Energy Developer Kitemill Secures €2M to Drive 2024 Tech Advances

European Airborne Wind Energy developer Kitemill has secured more than €2million to drive technology development, following its latest tranche of funding from Dutch investment entity Expanding Dreams.

 

 

Natural Power Advises on 202.5MW Finnish Wind Project Ostara

Natural Power Advises on 202.5MW Finnish Wind Project Ostara

Natural Power, has delivered the role of technical adviser providing due diligence services to support the financing of Neoen and Prokon’s wind portfolio being developed in Finland. The portfolio is comprised of three assets, which are now under construction and are expected to be operational in 2025. Neoen owns an 80% stake in each project, the remaining 20% being owned by Prokon.

 

Energy Vault expands its global footprint for gravity energy storage with license covering South Africa

Energy Vault expands its global footprint for gravity energy storage with license covering South Africa

Grid-scale energy storage provider Energy Vault has announced it has signed a new licensing and royalty agreement in the Southern African Development Community region. The agreement was signed in Q4 2023 with Gravity Energy Storage Solutions Ltd, a consortium focussing on energy storage deployments in Southern Africa

 

Genevos Signs Memorandum of Understanding With ACUA Ocean

Genevos Signs Memorandum of Understanding With ACUA Ocean

Genevos, a hydrogen fuel cell power systems integrator, has signed a Memorandum of Understanding with ACUA Ocean, a manufacturer of hydrogen powered Uncrewed Surface Vessels, for a commercial collaboration to develop next-generation hydrogen powered USVs.

 

 

Incheon National University researchers enhance the safety of lithium batteries

Incheon National University researchers enhance the safety of lithium batteries

Lithium-ion batteries currently face safety concerns as a result of internal separator issues which often lead to short circuits, but scientists have now developed a method to improve the stability and properties of separators with a layer of silicon dioxide and other functional molecules.

Batteries employing these separators demonstrated improved performance and reduced growth of disruptive root-like structures, paving the way for high-safety batteries that can aid the adoption of electric vehicles and advanced energy storage systems.

Lithium-ion batteries are currently a widely used class of rechargeable batteries. One of the processes that can hamper the functioning of these batteries is an internal short circuit caused by direct contact between the cathode and anode (the conductors that complete the circuit within a battery). To avoid this, separators composed of polyolefins – a type of polymer – can be employed to maintain separation. However, these separators can melt at higher temperatures, and the inadequate absorption of electrolytes (essential for conveying charges between electrodes) can result in short circuits and diminished efficiency. To tackle these issues, several different methods have been proposed.

Council for Net Zero Transport Formed to Accelerate UK Transport Decarbonization

Council for Net Zero Transport Formed to Accelerate UK Transport Decarbonization

A new Council for Net Zero Transport, convened by Zemo Partnership, comprising senior stakeholders hopes to help steer UK transport’s decarbonization transition as it moves into the crucial delivery phase. The Council will be chaired by Lord Deben, formerly UK Environment Secretary and Chair of the Climate Change Committee

 

 

 

 

 

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