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

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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. Manufacturing the additional 2.7 Global investment in technologies to help the energy transition reached a record $1.3

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DOE awards $187M to support innovative advanced manufacturing R&D, including $65.9M for batteries

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The US Department of Energy (DOE) announced approximately $187 million in funding, including $48 million of cost-share, for 55 projects in 25 states to support innovative advanced manufacturing research and development. These projects address high-impact manufacturing technology, materials, and process challenges. Of the $65.9

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Edeniq and Global Bio-chem enter into joint development agreement to produce low cost cellulosic sugars from corn stover in China

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a biorefining and cellulosic technology company, has entered a Joint Development Agreement (JDA) with Global Bio-chem Technology Group Limited, a China-based manufacturer of chemicals from industrial sugars. —Xu Ziyi, Executive Director of Global Bio-chem. Edeniq, Inc.,

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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Umicore starts industrialization of HLM manganese-rich battery materials technology for EVs

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This major milestone introduces a distinctly competitive technology to other design-to-cost battery technologies for EVs and complements Umicore’s broad portfolio of NMC (nickel, manganese, cobalt) battery materials for high performance, long-range EVs.

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Amyris achieves record low cost farnesene production; sales growth in performance polymers and industrial solvents markets

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Amyris, Inc., , a company which converts plant-sourced sugars into renewable hydrocarbons, reports achieving a record low manufacturing cost of $1.75 per liter (US$6.63/gallon) gallon) for farnesene in September 2015.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Global cumulative energy storage installations. BNEF projects that it will be made possible by further sharp declines in the cost of lithium-ion batteries, on top of an 85% reduction in the 2010-18 period. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar.