Heliogen, Inc. (Heliogen) (NYSE:HLGN), a renewable energy technology company utilizing concentrated sunlight and thermal storage to decarbonize industry, today announced that it has been selected to receive a $4,100,000 award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to accelerate the large-scale development and deployment of concentrating solar-thermal power (CSP) technology for industrial decarbonization and electrical power generation and storage. This project will aim to demonstrate a first-of-its-kind concentrating solar-thermal power (CSP) process for decarbonizing the heating of limestone to 950°C, which could reduce the carbon emissions associated with cement manufacturing.
Important CPI Inflation Reading Coming On Thursday: What Investors Should Expect
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.6% on Wednesday ahead of a critical consumer price index (CPI) inflation reading on Thursday morning.
