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Starfire Energy closes major funding round; green ammonia and hydrogen solutions

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Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier. Unlike traditional Haber-Bosch designs the RapidRamp process can accommodate being directly powered by intermittent energy sources such as wind, solar and hydro.

Hydrogen 377
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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. billion and $2.7

Coal 243
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Silmet has been separating rare earths into commercial value-added products for more than 50 years. Chemours will supply Energy Fuels with a minimum quantity of 2,500 tons per annum of natural monazite ore produced in the state of Georgia, and elsewhere in the southeast US.

Energy 186
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Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

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In support of those targets, the ministers are launching the Electric Vehicles Initiative (EVI), which will provide a forum for global cooperation on the development and deployment of electric vehicles, and accelerating their commercial uptake. Conducting analyses of the demonstrations, including cost-effectiveness assessments.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

Energy 252