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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

Green Car Congress

billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. Roughly 6 billion metric tons of coal are used each year, producing 18 billion tons of CO 2.

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Single-Chip Processors Have Reached Their Limits

Cars That Think

Aside from Cerebras , a startup attempting to build chips that span the entirety of a silicon wafer, the chip industry seems in agreement that monolithic design is becoming more trouble than it’s worth. Universal Chiplet Interconnection Express hopes to bring the industry together. Taiwan Semiconductor Manufacturing Co.

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