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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Benchmark’s analysis shows that the expansion of the global lithium industry will need $51 billion of investment. Closing this 2.7

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Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

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Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.

Low Cost 406
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto industry appeared first on TESLARATI. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S.

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Gevo develops process for low-cost renewable isoprene; building block for rubber and rubber products

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has developed a proprietary catalytic process that transforms low-cost commercially available, or even waste by-product, renewable alcohols into renewable isoprene that would be expected to compete head-to-head on price with natural and petroleum-based chemical equivalents while reducing CO 2 emissions.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Topsoe to build world’s largest SOEC electrolyzer production facility; 500 MW scalable to 5 GW; focusing on Power-to-X

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Topsoe intends to construct the world’s largest and most advanced industrial-scale electrolyzer production plant. The Topsoe SOEC electrolyzer is a compact stack built primarily from abundant, low-cost ceramic materials enclosed within a metal housing.

Power 418
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Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

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As the world looks to quickly decarbonize transportation and industry, hydrogen demand is expected to increase rapidly, from $130 billion today to $2.5 There is an accompanying need to develop new low-cost and low-carbon technologies for hydrogen production. T in 2025, according to the Hydrogen Council.

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