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Rio Tinto launches START: the first sustainability label for aluminum using blockchain technology

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START is a significant step forward for the aluminum industry as the first offering of this kind, setting a new standard on transparency, traceability and responsible production from mine to market. In 2016, Rio Tinto launched RenewAl, the world’s first certified low-CO 2 primary aluminum brand.

Purchase 365
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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The Term Loan B debt received an initial credit rating of BB- and a “1” recovery rating by Standard & Poor’s.

Coal 150
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CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

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The firm forecasts an immediate boom in demand for ternary Li-ion batteries—mainly used to power alternative energy vehicles—from 4.4GWh in 2015 to 10 GWh in 2016. Vehicles had not met the promotion standard or had not been manufactured at all, but had acquired subsidy by getting license plate against regulations.

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

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The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.

MPG 207
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Study concludes California economic growth and employment will rise with the degree and scope of transport fuel efficiency standards

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The macro results for four scenarios showed that economic growth and employment rise with the degree and scope of transport fuel efficiency standards. changes are relative to baseline of No standards scenario. that statewide economic growth and employment rise with the degree and scope of transport fuel efficiency standards.

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24M raises $21.8M to accelerate SemiSolid battery development and deployment; round led by Kyocera and ITOCHU

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million in funding from ARPA-E in 2016 to further the development of the next generation of high-energy-density, low-cost batteries ( earlier post ), has raised a $21.8 million in funding from ARPA-E in 2016 to further the development of the next generation of high-energy-density, low-cost batteries ( earlier post ), has raised a $21.8

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ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

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million), approved in 2016, aimed at improving small and medium-sized enterprises’ access to finance and helped them scale up investments in pollution-reduction projects in the region. billion)—almost three times the original loan amount—in co-financing from public and private sectors. billion ($1.53