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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
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Topsoe to provide technology for first commercial size dynamic green ammonia plant in China

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The green ammonia will replace approximately 850,000 tons of coal and help reduce more than 2 million tons of CO 2 from being emitted to the atmosphere every year, along with 6.4 Establishing a commercial size green ammonia plant in Baotou, really is a breakthrough in China for producing carbon neutral fuels and chemicals.

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Gold Hydrogen Program coalition launches program for subsurface biomanufacturing of hydrogen

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The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. a leader in clean energy solutions). Gold hydrogen has been cost-prohibitive to extract and not commercially viable up to now.

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DOE awarding $6.5M to 9 large-scale Phase I pilot coal projects

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This FOA, issued in August 2017, is a $50-million funding opportunity for projects supporting cost-shared research and development to design, construct, and operate two large-scale pilots to demonstrate transformational coal technologies. Some of these technologies are now ready to proceed to the large-scale pilot stage of development.

Coal 262
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Utah-based Energy Fuels to enter commercial rare earth business in Q1-2021

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Upon a successful ramp-up of this program, Energy Fuels will be the first US company in several years to produce a marketable mixed REE concentrate ready for separation on a commercial scale. Energy Fuels expects to recover uranium from the monazite and produce a commercially salable mixed REE carbonate containing ~71% TREO (dry basis).

Utah 417
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

Coal 360
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DOE reports say cumulative investment in hydrogen, nuclear and long-duration energy storage must increase to $300B by 2030

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The US Department of Energy (DOE) has released a set of reports— Pathways to Commercial Liftoff —that provide guidance for bringing advanced nuclear, clean hydrogen and long-duration energy storage into the commercial mainstream. An investment gap of $85–215 billion remains through 2030.