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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF.

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Epsilon seeks US-Japan-style deal amidst low-key minerals auction | Autocar Professional

Baua Electric

The need of the hour, he believes, is an aggressive push for an agreement on critical minerals with the United States, similar to the one Japan scored along with the Inflation Reduction Act (IRA). The deal allows battery materials sourced from Japan to qualify US customers for IRA subsidies.

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Report: CCS capacity increased 33% in 2020

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Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. World map of CCS facilities at various stages of development.

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Australia’s resources minister seeks investment from S.Korea, Japan – ET Auto

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Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects. . For nickel, a flood of Indonesian supply has also hit prices.

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Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend

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billion, including LCFS, RFS, 45Q and tax credits. American’s agreement with Aemetis builds on the airline’s efforts to reach net-zero carbon emissions by 2050. The process technology is licensed from Axens (France), a global technology provider to the oil and chemical industries. Aemetis, Inc.,

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Toyota will assemble Subaru 3-row EV in Kentucky, resources say

Baua Electric

The general meeting location and battery sourcing would possibly permit each automobiles to qualify for the total $7,500 federal tax credit score for purchases underneath the Inflation Aid Business, which neither the bZ4X or Solterra do. is keeping a midterm assembly with analysts and press in attendance in Japan on Aug.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

BYD, which started as a battery maker, has a significant advantage by building nearly all vehicle parts in-house. BYD Dolphin EV Honor Edition (Source: BYD) After launching in Japan last year, BYD already accounted for 20% of Japan’s EV imports in January. With the $7,500 EV tax credit, the EV starts at under $40,000.

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