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BP forming 50:50 biofuels JV with Bunge in Brazil; growing existing biofuels business >50%

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BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil: BP Bunge Bioenergia. Brazil is the world’s second-largest and most integrated market for ethanol as a transportation fuel with demand forecast to grow rapidly.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017. mb/d in 2017.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

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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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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. thousand terawatt-hours in 2018, up from 6.4 Across the 104 emerging markets surveyed in Climatescope, coal accounted for 47% of all generation. thousand in 2017. billion and $2.7

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Toshiba, Sojitz and CBMM partner to commercialize next-generation Li-ion batteries with NTO anodes

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In June 2018, the three companies entered into a joint agreement to develop NTO’s potential as an anode material. Brazil-based CBMM is the world’s leading producer of niobium and is well-known for its strong technology and product development programs.

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Global refinery catalyst market forecast to grow 34% to $4.3B by 2018

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Refinery catalyst markets will reach $4.3 2018, up from $3.2 Market growth comes in large part from demand for cleaner diesel fuel and the availability of newer technology and nanotechnology. Hydrotreating catalysts will continue to achieve the best growth in the petroleum refining market, aided by the increasingly sour (i.e.,

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BYD to add another 183 electric buses to Santiago’s fleet

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The 183 BYD electric buses will join the 100 electric buses that BYD and local partner Enel brought into Santiago last December, giving BYD a dominant share of more than 60% in the capital’s electric bus market. The first 100 BYD buses were delivered to Santiago in December 2018. The existing fleet of K9FEs operating in Santiago.

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