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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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World Bank Group: mineral production to soar as demand for clean energy increases

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A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

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Energy researchers: clean US hydrogen economy is within reach, but needs a game plan

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Addressing climate change requires not only a clean electrical grid, but also a clean fuel to reduce emissions from industrial heat, long-haul heavy transportation, and long-duration energy storage. Hydrogen and its derivatives could be that fuel, argues a commentary by four energy researchers in the journal Joule.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

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The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 20 million. With this $10.6

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ECS announces 2023-2024 ECS Toyota Young Investigator Fellowship recipients

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Yadong Yin at the University of California, Riverside, in 2017. He served as Guest Editor for Batteries , and Clean Technologies and Recycling. Cryo-EM of Nanoscale Interfaces in Energy Storage and Carbon Capture Materials”. Yuzhang Li, University of California, Los Angeles. Dr. Li became a member of ECS in January 2022.

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Hyundai Motor Group and Wärtsilä partner on second-life electric vehicle batteries

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Hyundai Motor Group (HMG) has selected Wärtsilä for a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries for the growing energy storage market. Wärtsilä sold close to 4 GW of power plants in 2017 in both developed and developing regions of the world.

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DOE to award $89M for innovative manufacturing technologies

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US Energy Secretary Rick Perry announced $89 million to support innovative, advanced manufacturing research and development projects ( DE-FOA-0001980 ). This Department of Energy (DOE) Funding Opportunity Announcement (FOA) tackles key priorities such as domestic manufacturing for energy storage.