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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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Today, coal-fired plants meet more than 60% of Indonesia’s power demand. Under the ETS, coal’s share rises to a peak of 74% by 2027 and then declines to 24% in 2050. As the country with the world’s largest nickel reserves, Indonesia has significant opportunity to scale up lithium-ion battery manufacturing capacity.

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ARPA-E awards $42M to 12 projects for advanced EV batteries; EVs4ALL program

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Ampcera will develop a solid-state battery incorporating a thermally modulated cell technology (TMCT), developed by EC Power, that was used in conventional lithium-ion (Li-ion) batteries to power buses during the 2022 Winter Olympic Games. (Award amount: $3,198,085). Award amount: $2,587,618).

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Northvolt to build third gigafactory in Germany

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With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles. Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany.

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Battery startup Sparkz, United Mine Workers of America announce labor-management agreement for W Va Gigafactory

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This agreement is a win-win for the laid-off coal miners who will work in this facility, their families and their communities. Sparkz will be focused on creating a strong and diverse workforce capable of competing against foreign batteries made in China and securing the supply chain.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5

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DOE to award $2.91B to boost production of advanced batteries

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Sources in this area of interest can come from both geologic deposits as well as unconventional sources including but not limited to coal mine tailings and acid drainage and should produce battery-grade precursors as an output. Commercial-scale domestic production of battery grade graphite from synthetic and natural feedstocks. Open Topic.

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

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POSCO and Samsung SDI will jointly invest about $54 million in the plant, which will produce 3,200 tonnes of cathode a year starting in the second half of 2021, which will be used to make lithium-ion batteries for electric vehicles.

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