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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The bipolar structure simplifies internal battery connections to reduce internal resistance and improve round-trip efficiency. Domestic production better positions Eos to access the 45X advanced manufacturing direct pay tax credits available under the IRA.

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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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

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The amount is just a fraction of the estimated $35 trillion needed to be spent on the energy transition by 2030, according to the International Renewable Energy Agency. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. The cost of geopolitics.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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The study reinforces the strength of First Cobalt’s business strategy for a rapidly evolving EV market that is heavily dependent on supply from China. With most of the world’s cobalt refining capacity located in China, there is strong demand for a North American alternative. NPV – Pre-Tax (8% Discount Rate).

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Is tax equity dead? by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008).

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