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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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Consortium led by POSCO, Samsung SDI to build $54M cathode materials plant in Chile for EVs

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A consortium led by South Korea’s POSCO and Samsung SDI, and including China’s Sichuan Fulin Industrial Group and Chile’s Molyment, has won a bid to build a cathode materials plant in Chile to support that country’s Li-ion batteries project.

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Siemens Completes Successful First Firing of PetroAlgae’s Biomass Fuel in Pilot Plant-scale Pulverized Coal Burner

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The biocrude fuel was combined with pulverized coal in a pilot-scale burner with a thermal capacity of approximately 4 MBtu/hr. Some mixing of the pulverized coal and biocrude took place within the fuel injector prior to combustion of the mixture. Up to 10% of the total heating value was provided by the biomass in these tests.

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India enters Argentina’s lithium market with INR 200 cr investment, eyes on rich lithium reserves – ET Auto

Baua Electric

Argentina is part of the “Lithium Triangle” along with Chile and Bolivia with more than half of the world’s total lithium resources and having the distinction of having 2nd largest lithium resources. The agreement was also witnessed by minister of parliamentary affairs, coal, and mines Pralhad Joshi, and Mines secretary VL Kantha Rao.

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BG Group sanctions US$15B coal seam gas to LNG project; first such

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BG Group has approved implementation of the first phase of a US$15-billion project to convert coal seam gas (CSG) to LNG—the first major commercial project to do so. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 mtpa of LNG.

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Global geothermal industry passes 12,000 MW operational

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Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.

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Opinion: Why Lithium Will See Another Price Spike This Fall

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In some locations, grid-scale peaking applications have already been implemented, often in old coal power plants, re-using the building and grid connections. Grid-scale storage battery demand can easily eclipse the need for automotive batteries. Demand Response: A Wild Ride.

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