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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. It also invested $58 billion in new wind projects, up 107% year-on-year.

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General Compression and ConocoPhillips to Develop Compressed Air Energy Storage Projects

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a Massachusetts company developing an innovative compressed air energy storage system, has signed an agreement with ConocoPhillips to develop compressed air energy storage (CAES) projects, beginning with a pilot project in Texas, using General Compression’s Advanced Energy Storage (GCAES) technology.

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A Mars rover scientist is about to scale carbon-oxygen batteries

Electrek

Noon Energy , which has developed “ultra-low-cost, high energy density carbon-oxygen battery technology for long-duration energy storage” for solar and wind power, today announced that it’s secured $28 million in Series A financing to commercialize its technology.

Carbon 95
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

China 416
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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

The alliance, including India, aims to secure 5 GW of battery energy storage by 2024, aligning with the long-term goal of developing 90 GW of storage capacity worldwide. The Challenge of Intermittency and the Role of Batteries The transition to renewable energy sources such as solar and wind power is gaining momentum globally.

Clean 52
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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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Energy Access. African Clean Energy (Lesotho) produces cookstoves that reduce smoke emissions and solar electricity for small electronics and LED lighting. Clean Energy Works (Washington, D.C.) is using pay-as-you-save financing to help transportation companies switch to electric buses. Transportation.

2019 207
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Li-ion maker Electrovaya plans acquisition of plant with 0.5 GWh capacity

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This is a transformational project for Electrovaya as it instantly brings manufacturing capacity to meet demand for the company’s energy storage products. Gigawatt hour (GWh) nominal energy storage capacity. Financing is planned through debt and grants.

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