Remove Clean Remove Global Remove Parts Remove Wind
article thumbnail

bp and EnBW successful in ScotWind offshore wind bid; potential generating capacity of 2.9GW, up to £10B of investment

Green Car Congress

bp and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project to be known as Morven. The E1 lease is in an advantaged area, allowing the partners to develop it as a fixed-bottom offshore wind project with a total generating capacity of around 2.9

Wind 305
article thumbnail

Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

Green Car Congress

million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

Grant 345
article thumbnail

World Bank Group: mineral production to soar as demand for clean energy increases

Green Car Congress

A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243
article thumbnail

EU investing €1.8B in 17 large-scale clean tech projects

Green Car Congress

billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Hydrogen (3 projects): In the Netherlands, one project will produce, distribute and use green hydrogen through an electrolyzer supplied by offshore wind electricity. The EU is investing more than €1.8

Clean 334
article thumbnail

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

Green Car Congress

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. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. trillion in 2022, IRENA said.

article thumbnail

Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

Green Car Congress

Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Niron’s Clean Earth Magnet technology eliminates the need for rare earth content in magnets and uses iron and nitrogen instead to deliver better performance and lower costs. Background.

Minnesota 482
article thumbnail

Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 91