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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

Green Car Congress

Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The contract will provide a secure source of supply of battery cells for Mercedes-Benz’s electrification strategy, while Farasis gains security for its planned construction of production capacity.

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Global wind turbine order intake reached new highs in H1 2024

Baua Electric

Photo: DongFang Electric Corporation Global wind turbine order intake reached new highs in H1 2024, with 91.2 Globally, investment by wind energy developers in H1 2024 totaled $42 billion, a 3% increase year-over-year, according to new analysis from Wood Mackenzie. In total, order intake outside of China decreased 16% (-2.3

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LME copper prices at 9-year high

Green Car Congress

Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.

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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready – ET Auto

Baua Electric

The extent to which renewables should dominate Australia’s energy grids is a major issue in science and politics. Solar and wind are clearly now the cheapest form of electricity. But limits to these technologies can undermine the case for a renewables-only electricity mix.

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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready – ET Auto

Baua Electric

The extent to which renewables should dominate Australia’s energy grids is a major issue in science and politics. Solar and wind are clearly now the cheapest form of electricity. But limits to these technologies can undermine the case for a renewables-only electricity mix.

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ReElement Technologies partners with EDP Renewables for rare earth magnet recycling – Charged EVs

Baua Electric

ReElement Technologies, a rare earth element and critical battery metal producer, has partnered with EDP Renewables North America, a renewable energy supplier, to recycle rare earth materials for wind turbines and EV motors.