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WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

In large-scale greenfield projects in ASEAN and future projects in Japan, we pursue sustainable growth of real estate value through integrating new technologies and services. This financing round comes on the heels of continued WiTricity business momentum.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy. In 3Q, Chinese solar investment was $14.2

Clean 259
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. In the United States, refining capacity has decreased by about 1.1 The most global refining capacity under development is in China.

Global 448
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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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With an increasing amount of Li-ion battery raw material refining and processing centred in China, and it being front-and-center of Li-ion demand growth, Chinese Li-ion value chain participants have turned to Australia, Africa and South America to secure the feedstock necessary for their downstream requirements. Cobalt takes center stage.

Li-ion 150
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China’s EV Subsidy

Revenge of the Electric Car

Buyers of electric vehicles will receive up to 60,000 yuan ($8,800), and buyers of certain gasoline-electric hybrids as much as 50,000 yuan, under the two-year program set to start this year in five cities—Shanghai, Hangzhou, Changchun, Shenzhen and Hefei—the ministry of finance said Tuesday. Japan and Europe.

E6 124
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Roskill: rare earth magnet applications to account for ~40% of total RE demand by 2030, up from 29% in 2020

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The recovery and subsequent demand growth are underpinned by the green agendas being targeted by many national governments and international bodies looking to reduce carbon emissions. In 2020, Chinese mine production of rare earths is expected to reach 110kt, falling back from 2019, though continuing to represent >55% of global mine output.

2020 418
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236