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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by JohnnyUtah44on Dec 17, 2022 7:56pm
267 Views
Post# 35178068

Energy & Sustainability Washington Update — December 2022

Energy & Sustainability Washington Update — December 2022..... Will Exro Change their Corporate Structure to a favorable USA and try to Gain More Funding............................I Hope so...MO

......This is just a Tip of one ICE berg  the USA  Government is working on...(green congress)...... be nice to see a job posting on a position to go after this money, not easy like applying for a grant, but it can be done, and should be part of the plan...........MO

.....
Bipartisan Infrastructure Law Opportunities

Over the next several years, the Bipartisan Infrastructure Law will stand up 60 new DOE programs, including 16 demonstration and 32 deployment programs, and expand funding for 12 existing Research, Development, Demonstration, and Deployment (RDD&D) programs.

In November, DOE announced the following funding opportunities:

  • Transmission Facilitation Program (Request for Proposals) to award $2.5 billion for new regional interregional transmission lines across the country. This is a revolving fund program that will provide Federal support to overcome the financial hurdles in the development of large-scale new transmission lines and upgrading existing transmission as well as the connection of microgrids in select states and U.S. territories. Initial responses are due February 1, 2023.
  • Grid Resilience and Innovation Partnership Programs (Funding Opportunity Announcement) to award $5 billion in fiscal years 2022-2026 for innovative approaches to transmission, storage, and distribution infrastructure to enhance grid resilience and reliability. Eligible applicants are states (individual or combined), tribes and territories, local governments, and public utility commissions. Concept papers are due January 13, 2023.
  • Grid Resilience Utility and Industry Competitive Grants (Funding Opportunity Announcement) to provide up to $2.5 billion over five years ($500 million/year FY 22-26).   Eligible applicants include electric grid operators, electricity storage operators, electricity generators, transmission owners or operators, distribution providers, and fuel suppliers. Concept papers are due December 16, 2022.
  • Energy Efficiency Revolving Loan Fund Capitalization Grant Program (Funding Application) for states to establish loans and grants for energy efficiency audits, upgrades, and retrofits to increase energy efficiency and improve the comfort of buildings. Reponses are due April 21, 2023.
  • Energy Storage Demonstration and Pilot Grants and Long-Duration Energy Storage Demonstration Initiative and Joint Program (Funding Opportunity Announcement) for emerging Long-Duration Energy Storage (LDES) demonstration projects capable of delivering electricity for 10-24 hours or longer to support a low-cost, reliable, carbon-free electric grid. This $349 million effort seeks LDES demonstration projects that will validate new technologies, enhance the capabilities of customers and communities to integrate LDES more effectively, and sustain American global leadership in energy storage. Eligible entities are technology developers, industry, state and local governments, tribal organizations, community based organizations, national laboratories, universities, and utilities. Letters of intent are due by December 15, 2022.
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