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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

Argentina 335
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Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

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a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. The current process used to produce malonic acid requires sodium cyanide and chloroacetic acid; Lygos’ engineered yeast produces malonic acid from sugar and CO 2. This is the Industrial Revolution of synthetic biology.

Oil 150
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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel. Köpke et al.

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IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

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Nuclear energy is one of the key low-carbon energy technologies that can contribute, alongside energy efficiency, renewable energies and carbon capture and storage, to the decarbonization of electricity supply by 2050. Financing the construction of new nuclear plants is expected to be a major challenge in many countries.

Global 210
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Top 5 Electric Vehicle Start-Ups in India

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Gadkari also stated that 100 % lithium-ion batteries, which are a critical component in electric vehicles, will be manufactured in India, while the government also conducts research on other readily available materials for batteries such as aluminium ion, sodium ion, steel ion, and zinc ion.

India 52
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CalSEED awards $4.2M to early-stage clean energy innovations

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The solicitation was designed as a call for early-stage clean energy innovations that fall within five defined technology areas: energy efficiency; energy storage; AI/machine learning; advanced power electronics/power conditioning; and zero- and negative-carbon emission generation.

Clean 371