Energy Transition in Motion (Week of Aug. 5, 2022): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news including multimillion-dollar investment in a battery technology plus multiclient studies that are shedding light on geothermal resources and lithium brine opportunities.

Also, New Fortress Energy also announced an agreement to build a green hydrogen plant on the Texas Gulf Coast. (Source: Photo collage by Joseph Markman / Hart Energy)

The energy transition is progressing with news this week of a multimillion-dollar investment in a battery technology center and a $144 million acquisition by a major manufacturer of electric vehicles (EVs) and fuel cells.

Two multiclient studies are also shedding light on geothermal resources and lithium brine opportunities. Meanwhile, companies are putting hydrogen plans into action as one gears up to trial hydrogen production and two others seal a deal to build a green hydrogen plant.

Here’s a look at some of this week’s renewable energy news.

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Velda Addison

Velda Addison is the senior editor of digital media for Hart Energy’s editorial team. She covers energy with a focus on renewables.