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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”.

Clean 243
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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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Leclanché, eCAMION and SGEM to build and operate network of 34 fast-charging stations along Trans-Canada Highway

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The new system being developed by FAST Charge consists of an energy storage system, using large-format lithium-ion batteries, along with multiple outlet charging units that can be charge several EVs at once. Leclanché is a leading, vertically integrated, energy storage solution provider.

Canada 150
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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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To achieve this first objective, DOE intends to pursue parallel strategies: Advance options for diverse energy resources and conversion devices for power. The President’s Climate Action Plan contains a goal of doubling renewable energy generation from wind, solar, and geothermal sources between 2012 and 2020.

2014 225
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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

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But energy leaders and experts recognize that as long as producing carbon pollution carries no cost, traditional plants that use fossil fuels will be more cost-effective than plants that use nuclear fuel. That is why we need comprehensive energy and climate legislation to create a system of incentives to make clean energy profitable.

Georgia 231
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Other areas of energy transition investment also showed strength. Domestic installation of energy-efficient heat pumps came to $50.8 billion, down 12%.

2020 259
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EVgo launches grid-tied public fast charging system with second-life batteries

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EVgo has integrated second-life BMW i3 batteries to store energy from the grid generated during peak solar hours and later use that stored energy to fast-charge EVgo customers during periods of high demand. BMW provided the recycled energy storage packs from BMW i3s and continues to provide ongoing technical support.

Grid 240