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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5 billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy. billion, up 11-fold, making investment in 2018 the highest since 2011.

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Tesla battery partner CATL debunks shocking new rumors from China

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Tesla battery supplier Contemporary Amperex Technology (CATL), which provides cells for Gigafactory Shanghai’s vehicles, has put its foot down on recent rumors alleging that it is forcing its employees to purchase “defective” Tesla vehicles. CATL was only founded in 2011, but the battery maker has hit its stride.

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

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Bamboo, the composition of which is highly similar to energy grasses used for biofuel production such as switchgrass, is an interesting potential feedstock for advanced bioethanol production in China due to its natural abundance, rapid growth, perennial nature and low management requirements. Click to enlarge. million tons in 2008.

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Ernst Young Survey Finds Roughly 60% of Chinese Consumers Would Consider Purchasing a Plug-in Vehicle

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Chinese consumers led in their consideration of a plug-in vehicle purchase. According to a new survey by Ernst & Young’s Global Automotive Center, roughly 60% of respondents in China said they would consider purchasing a plug-in hybrid or electric vehicle. Click to enlarge.

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Molycorp purchases remaining shares of European rare earth processing company

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has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. On 1 April 2011, Molycorp purchased a 90.023% stake in AS Silmet in a transaction valued at approximately $89 million. Molycorp, Inc. With offices in the US, Europe, and Japan, Molycorp, Inc.

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LA Metro to purchase up to 25 new BYD electric buses as part of $30M pilot project

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This marks the first time that all-electric transit buses will be purchased and placed into Metro revenue service. Metro’s Advanced Transit Vehicle Consortium (ATVC), a partnership with LA City, LA County and South Coast Air Quality Management District, will initially purchase five low-floor, 40-foot all-electric buses.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). Germany, the U.K. degrees of global warming.

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