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Recent developments in the energy transition landscape spotlight the awarding of a $10 million grant by the California Energy Commission to Quino Energy and Long Hill Energy Partners. This funding will enable the demonstration of an 8 MWh organic flow battery system at a regional health center in California, marking the first U.S. commercial deployment of Quino Energy's technology. The project aims to provide critical energy resilience and significantly reduce electricity costs while expanding the use of renewable energy. This initiative highlights ongoing efforts to integrate innovative energy storage solutions into critical infrastructure, showcasing their potential in supporting environmental sustainability objectives.
In other trading, Dian Swastatika Sentosa was a standout up 6.2% and ending trading at IDR44,850.00. At the same time, Fuji Electric lagged, down 4.4% to finish the session at ¥6,046.
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Tesla settled at $285.88 up 0.3%.
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Applied Materials finished trading at $150.79 down 0.5%.
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First Solar ended the day at $140.73 down 0.8%.
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Looking For Alternative Opportunities? The latest GPUs need a type of rare earth metal called Terbium and there are only 23 companies in the world exploring or producing it. Find the list for free.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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