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For Greg Glatzmaier, the road between innovation and implementation runs along a dusty stretch of highway about a dozen miles south of Boulder City, Nevada, where his patented idea could solve an industry problem. The destination for his idea is Nevada Solar One, an outpost in the desert where 186,000 parabolic shaped mirrors tilt to capture the sun’s rays.

Greg Glatzmaier tests the high-temperature thermal/mechanical stability of sealants that are being used in equipment installed at the Nevada Solar One power plant. The process reduces trace levels of hydrogen in the power plant and maintains its original design efficiency and power production. Photo by Dennis Schroeder, NREL

“When the plant first opened, there was nothing around it but open desert with mountains to the west and east,” said Glatzmaier, a senior engineer in the Thermal Energy Science and Technologies group at the National Renewable Energy Laboratory (NREL). “The only other landscape feature is a dry lakebed north of the plant.”

Since Nevada Solar One began operations in the summer of 2007, other utility-scale solar power plants have opened in that lakebed. Nevada Solar One is the only concentrating solar power (CSP) plant in the region, however, and the technology faces a unique set of challenges.

The CSP facility uses concentrated beams of sunlight to heat a fluid flowing through 20,000 tubes to as high as 752 degrees Fahrenheit. The process creates steam to spin a turbine that powers a generator and produces electricity. Over time, however, the heat transfer fluid begins to break down and form hydrogen, which reduces the effectiveness of the process. Tiny metal pellets in the tubes absorb the hydrogen, but after about seven years they become saturated and cannot be removed and replaced. Glatzmaier developed a method to address the hydrogen problem.

“To try to go in individually and address the situation for each tube is not really practical,” Glatzmaier said. “So, the method that I’ve developed, and what’s in that patent, and what this project has been all about, is to reduce and control the level of hydrogen that’s in the heat transfer fluid.”

NREL applied for a patent on Glatzmaier’s invention in the fall of 2017. The U.S. Patent and Trademark Office last May granted patent protection to what is simply called “Hydrogen sensing and separation.”

Laboratory Filed 188 Patent Applications

Glatzmaier’s patent was merely one of the 40 U.S. patents issued to NREL during fiscal 2020, a bump from the 32 issued during the prior fiscal year. Of the 269 disclosures filed with the laboratory’s Technology Transfer Office as the first step toward either patent or copyright protection, 153 fell in the category of a record of invention and 116 in the area of software.

“We continue to see strong engagement from researchers who submit their ideas for evaluation, with especially strong growth in software,” said Anne Miller, director of NREL’s Technology Transfer Office. “It’s great to see such growth because it tells us that the outreach to the lab to get people to report their innovations and work with us in getting them protected and deployed means that it’s working, that people know who to contact. Hopefully, it means that they have some confidence in our ability to be helpful and steer them in the right direction.”

Anne Miller, director of NREL’s Technology Transfer Office, speaks to laboratory employees at a 2019 event. Photo by Werner Slocum, NREL.

NREL filed 188 patent applications in FY20, up from 124 the year before.

Lance Wheeler, a research scientist at NREL, has about a dozen patent applications in the pipeline tied to the discovery several years ago of a way to turn windows into solar cells. The technology relies on perovskite solar cells that enable the glass to darken and generate electricity, and also switch back to a clear pane. The most recent patent approved, for “Energy-harvesting chromogenic devices,” was granted in November, or almost four years after the provisional application was filed.

“It’s much different than writing a paper because you can write a paper and get it published within months,” said Wheeler, who shares credit on the patent with colleagues Joey Luther, Jeffrey Christians, and Joe Berry. “You’ll never get a patent awarded in months. It’s usually at least a year, and three is not crazy.”

Buildings across the United States account for nearly two-thirds of energy used, so the notion of using these “smart windows” to take advantage of sunlight could bring that energy consumption down.

The patents issued so far for Wheeler’s dynamic photovoltaic windows cover foundational aspects of the technology and sprang from the initial research. A series of patent applications followed.

“When you write the first patent application, you don’t know everything,” Wheeler said. “As you learn more and especially for very particular market needs, or what a product might look like, you learn what’s important and you continue to protect the things that are working. Then you make more discoveries, and you patent more things, but they’re all aligned in the same area.”

Perovskite Composition Earns Patent Protection

Alignment, as it turns out, is a key part of making perovskites most effective in capturing the sun’s energy. Unlike widely used silicon, which is a naturally occurring mineral, perovskites used in solar cells are grown through chemistry. The crystalline structure of perovskites has proven exceptionally efficient at converting sunlight to electricity.

NREL researchers have explored possible combinations for perovskite formulas to find the best. That work resulted in a patent issued in April 2020 for “Oriented perovskite crystals and methods for making the same.” The process begins with a small crystal that’s attached to another crystal and then another and on and on. The crystals are also oriented in the same direction. Kai Zhu, a senior scientist and one of the inventors, uses bricklaying as an analogy.

“You lay one layer down, you put one next to another, you align them perfectly,” he said. “You have to do this in order to build a very large wall. But if you have some randomness in it, your wall will collapse.”

The patent, which covers the composition of the perovskite, was issued to Zhu, Berry, and Donghoe Kim of NREL and to a scientist in Japan. NREL filed the patent application in 2017. Compared to a perovskite solar cell made of crystals allowed to grow randomly instead of in a specific orientation, the NREL-developed composition has been proven to have fewer defects and able to move charge carriers quickly. The result is a perovskite solar cell capable of reaching the highest efficiency.

“This represents the current best performing perovskite composition for the single-junction solar cell,” Zhu said.

Software Filings Reach New Record

NREL’s Technology Transfer Office received 116 software record (SWR) disclosures in fiscal 2020, establishing a new record and marking a big increase from 72 the prior year. The growth in submittals is partly due to more software being developed and authorized for free open-source release. One software record approved for closed-source licensing last year and now available for commercial users is the Electric Vehicle Infrastructure Projection tool, or EVI-Pro. A simplified, open-source version, known as EVI-Pro Lite, also has been released.

The core of EVI-Pro allows users to forecast the demand for electric vehicle charging infrastructure in a particular area. The predictive nature of the software also enables users to determine in advance how an influx of electric vehicles might affect the grid and energy demand. EVI-Pro relies on real-world information.

Eric Wood, the NREL researcher who oversaw the development of EVI-Pro, said it is not enough to simply consider how many charging stations were installed in an area previously and make an educated guess based on that information.

“That misses some key points,” he said. “The vehicle technology is evolving. The charging technology is evolving. And the behavior of individuals that own these vehicles is evolving.”

Early adopters of electric vehicles could charge them at home, in their garage. As the market expands, Wood said, people living in apartments or who have to park on the street need to have a place to plug in.

“The role of public charging infrastructure is going to continue to elevate as the market grows,” he said. “Continuing to develop the software with an eye on reflecting the latest situation in the market is one of the challenges that we face, so keeping EVI-Pro relevant and current is important.”

From the Laboratory to the Outside World

For Glatzmaier, the journey to see how well his invention could perform at isolating and removing hydrogen from the concentrating solar power plant was not a quick one. Grounded from flying because of the pandemic, last year he made four trips to the Nevada site by car. Each trip took about 13 hours one way.

Scientists typically keep close to their laboratory space, with companies able to license ideas that sprang from the inventive minds at NREL. Often, with license in hand, a company will conduct research using its own people. In Glatzmaier’s case, Nevada Solar One signed cooperative research and development agreements that have kept the scientist and company working closely together since 2015.

Glatzmaier initially planned to address the hydrogen buildup using two processes: one to measure the amount of the gas, and a second to extract it. Laboratory-scale tests showed his ideas would work, but he still expected some hesitation from company executives when it came time to trying out the devices on a much larger scale.

“I was thinking, they’re going to be very reluctant because companies tend to not want to make changes to their power plants once they are up and running,” he said. So he proposed installing the mechanism to only measure hydrogen buildup. Instead, the company wanted him to move ahead and tackle both problems at once. From the initial idea to installation has been a long road, but it does not end in Nevada.

Glatzmaier said 80 concentrating solar power plants exist around the world, and talks are in their final stages to license the technology for its use in these plants.

Learn more about licensing NREL-developed technologies.

—Wayne Hicks

Article courtesy of the NREL, The U.S. Department of Energy.


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Robinhood is up 160% this year, but several obstacles are ahead

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Robinhood is up 160% this year, but several obstacles are ahead

Florida AG opens probe into Robinhood. Here's the latest

Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks.

Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower.

The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry.

For fintech firms that rely on thin margins to offer free or low-cost services to customers, even slight disruptions to their cost structure can have major ripple effects. PayPal and Affirm both ended the day nearly 6% lower following the report.

Despite its stellar year, the online broker is facing several headwinds, with a regulatory probe in Florida, pushback over new staking fees and growing friction with one of the world’s most high-profile artificial intelligence companies.

Florida Attorney General James Uthmeier opened a formal investigation into Robinhood Crypto on Thursday, alleging the platform misled users by claiming to offer the lowest-cost crypto trading.

“Robinhood has long claimed to be the best bargain, but we believe those representations were deceptive,” Uthmeier said in a statement.

The probe centers on Robinhood’s use of payment for order flow — a common practice where market makers pay to execute trades — which the AG said can result in worse pricing for customers.

Robinhood Crypto General Counsel Lucas Moskowitz told CNBC its disclosures are “best-in-class” and that it delivers the lowest average cost.

“We disclose pricing information to customers during the lifecycle of a trade that clearly outlines the spread or the fees associated with the transaction, and the revenue Robinhood receives,” added Moskowitz.

Robinhood CEO Vlad Tenev explains 'dual purpose' behind trading platform's new crypto offerings

Robinhood is also facing opposition to a new 25% cut of staking rewards for U.S. users, set to begin October 1. In Europe, the platform will take a smaller 15% cut.

Staking allows crypto holders to earn yield by locking up their tokens to help secure blockchain networks like ethereum, but platforms often take a percentage of those rewards as commission.

Robinhood’s 25% cut puts it in line with Coinbase, which charges between 25.25% and 35% depending on the token. The cut is notably higher than Gemini’s flat 15% fee.

It marks a shift for the company, which had previously steered clear of staking amid regulatory uncertainty.

Under President Joe Biden‘s administration, the Securities and Exchange Commission cracked down on U.S. platforms offering staking services, arguing they constituted unregistered securities.

With President Donald Trump in the White House, the agency has reversed course on several crypto enforcement actions, dropping cases against major players like Coinbase and Binance and signaling a more permissive stance.

Even as enforcement actions ease, Robinhood is under fresh scrutiny for its tokenized stock push, which is a growing part of its international strategy.

The company now offers blockchain-based assets in Europe that give users synthetic exposure to private firms like OpenAI and SpaceX through special purpose vehicles, or SPVs.

An SPV is a separate entity that acquires shares in a company. Users then buy tokens of the SPV and don’t have shareholder privileges or voting rights directly in the company.

OpenAI has publicly objected, warning the tokens do not represent real equity and were issued without its approval. In an interview with CNBC International, CEO Vlad Tenev acknowledged the tokens aren’t technically equity shares, but said that misses the broader point.

JPMorgan announces plans to charge for access to customer bank data

“What’s important is that retail customers have an opportunity to get exposure to this asset,” he said, pointing to the disruptive nature of AI and the historically limited access to pre-IPO companies.

“It is true that these are not technically equity,” Tenev added, noting that institutional investors often gain similar exposure through structured financial instruments.

The Bank of Lithuania — Robinhood’s lead regulator in the EU — told CNBC on Monday that it is “awaiting clarifications” following OpenAI’s statement.

“Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments,” a spokesperson said, adding that information for investors must be “clear, fair, and non-misleading.”

Tenev responded that Robinhood is “happy to continue to answer questions from our regulators,” and said the company built its tokenized stock program to withstand scrutiny.

“Since this is a new thing, regulators are going to want to look at it,” he said. “And we expect to be scrutinized as a large, innovative player in this space.”

SEC Chair Paul Atkins recently called the model “an innovation” on CNBC’s Squawk Box, offering some validation as Robinhood leans further into its synthetic equity strategy — even as legal clarity remains in flux across jurisdictions.

Despite the regulatory noise, many investors remain focused on Robinhood’s upside, and particularly the political tailwinds.

The company is positioning itself as a key beneficiary of Trump’s newly signed megabill, which includes $1,000 government-seeded investment accounts for newborns. Robinhood said it’s already prototyping an app for the ‘Trump Accounts‘ initiative.

WATCH: Watch CNBC’s full interview with Robinhood CEO Vlad Tenev

Watch CNBC's full interview with Robinhood CEO Vlad Tenev

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Hyundai and Kia are betting on lower-priced EVs to ride out tariffs

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Hyundai and Kia are betting on lower-priced EVs to ride out tariffs

Korean auto giants Hyundai and Kia think lower-priced EVs will help minimize the blow from the new US auto tariffs. Hyundai is set to unveil a new entry-level electric car soon, which will be sold alongside the Kia EV2. Will it be the IONIQ 2?

Hyundai and Kia shift to lower-priced EVs

Hyundai and Kia already offer some of the most affordable and efficient electric vehicles on the market, with models like the IONIQ 5 and EV6.

In Europe, Korea, Japan, and other overseas markets, Hyundai sells the Inster EV (sold as the Casper Electric in Korea), an electric city car. The Inster EV starts at about $27,000 (€23,900), but Hyundai will soon offer another lower-priced EV, similar to the upcoming Kia EV2.

The Inster EV is seeing strong initial demand in Europe and Japan. According to a local report (via Newsis), demand for the Casper Electric is so high that buyers are waiting over a year for delivery.

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Hyundai is doubling down with plans to introduce an even more affordable EV, rumored to be the IONIQ 2. Xavier Martinet, CEO of Hyundai Motor Europe, said during a recent interview that “The new electric vehicle will be unveiled in the next few months.”

Hyundai-Kia-lower-priced-EVs
Hyundai Casper Electric/ Inster EV models (Source: Hyundai)

The new EV is expected to be a compact SUV, which will likely resemble the upcoming Kia EV2. Kia will launch the EV2 in Europe and other global regions in 2026.

Hyundai is keeping most details under wraps, but the expected IONIQ 2 is likely to sit below the Kona Electric as a smaller city EV.

Hyundai-Kia-lower-priced-EVs
Kia Concept EV2 (Source: Kia)

More affordable electric cars are on the way

Although nothing is confirmed, it’s expected to be priced at around €30,000 ($35,000), or slightly less than the Kia EV3.

The Kia EV3 starts at €35,990 in Europe and £33,005 in the UK, or about $42,000. Through the first half of the year, Kia’s compact electric SUV is the UK’s most popular EV.

Hyundai-Kia-lower-priced-EVs
Kia EV3 (Source: Kia)

Like the Hyundai IONIQ models and Kia’s other electric vehicles, the EV3 is based on the E-GMP platform. It’s available with two battery packs: 58.3 kWh or 81.48 kWh, providing a WLTP range of up to 430 km (270 miles) and 599 km (375 miles), respectively.

Hyundai is expected to reveal the new EV at the IAA Mobility show in Munich in September. Meanwhile, Kia is working on a smaller electric car to sit below the EV2 that could start at under €25,000 ($30,000).

Hyundai-Kia-lower-priced-EVs
Kia unveils EV4 sedan and hatchback, PV5 electric van, and EV2 Concept at 2025 Kia EV Day (Source: Kia)

According to the report, Hyundai and Kia are doubling down on lower-priced EVs to balance potential losses from the new US auto tariffs.

Despite opening its new EV manufacturing plant in Georgia to boost local production, Hyundai is still expected to expand sales in other regions. An industry insider explained, “Considering the risk of US tariffs, Hyundai’s move to target the European market with small electric vehicles is a natural strategy.”

Hyundai-Kia-lower-priced-EVs
2025 Hyundai IONIQ 5 (Source: Hyundai)

Although Hyundai is expanding in other markets, it remains a leading EV brand in the US. The IONIQ 5 remains a top-selling EV with over 19,000 units sold through June.

After delivering the first IONIQ 9 models in May, Hyundai reported that over 1,000 models had been sold through the end of June, its three-row electric SUV.

While the $7,500 EV tax credit is still here, Hyundai is offering generous savings with leases for the 2025 IONIQ 5 starting as low as $179 per month. The three-row IONIQ 9 starts at just $419 per month. And Hyundai is even throwing in a free ChargePoint Home Flex Level 2 charger if you buy or lease either model.

Unfortunately, we likely won’t see the entry-level EV2 or IONIQ 2 in the US. However, Kia is set to launch its first electric sedan, the EV4, in early 2026.

Ready to take advantage of the savings while they are still here? You can use our links below to find deals on Hyundai and Kia EV models in your area.

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Blink Charging just threw a lifeline to EVBox Everon customers

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Blink Charging just threw a lifeline to EVBox Everon customers

As EVBox shuts down its Everon business across Europe and North America, EV charging provider Blink Charging is stepping up to offer support to customers caught in the transition.

EVBox’s software arm Everon recently announced it’s winding down operations alongside EVBox’s AC charger business. That’s left a lot of charging station hosts and drivers wondering what comes next. Now, EVBox Everon is pointing its customers toward Blink as a recommended alternative.

Blink says it’s ready to help, whether that means keeping existing chargers up and running or replacing aging gear with new Blink chargers.

“EVBox has played a significant role in the growth of EV charging infrastructure across the UK and Mainland Europe, and we recognize the trust hosts have placed in its solutions,” said Alex Calnan, Blink Charging’s managing director of Europe. “With the recent announcement of Everon’s withdrawal from the EV charging market, it’s natural to have questions about what this means for operations. At Blink, we want to assure Everon customers that we are here to help them navigate this transition.”

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Blink says it’s able to offer advice, replacements, and ongoing network management to make the changeover as smooth as possible.

Everon users who switch to Blink will get access to the Blink Network portal via the Blink Charging app. That opens up real-time insight into charger usage and lets hosts set pricing, manage users, and download performance reports.

“At Blink, our charging technology is future-ready,” added Calnan. “With advancements like vehicle-to-grid technology on the horizon, our chargers are built to support the future of electric vehicles and charging habits.”

The company says its chargers are in stock and ready to ship now for any Everon customers looking to make the jump.

In October 2024, France’s Engie announced it would liquidate the entire EVBox group, which it said posted total losses of €800 million since Engie took over in 2017. EVBox is closing its operations in the Netherlands, Germany, and the US.


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