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Fraunhofer researchers developing ammonia-based systems for mobile energy in infrastructure, transportation and industry

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Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. However, it is also a high-quality energy carrier, particularly as a storage medium for hydrogen.

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MagREEsource secures €5M in financing; opening first pilot magnet recycling facility in Grenoble

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MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

Financing 243
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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. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Cathodes and anodes.

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Battery maker EVE Energy and partners set up lithium salt JV in Hunan

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EVE Energy, Zijin Lithium and Ruifu Lithium hold 26%, 34% and 40% respectively. However, Eve Energy will own 66% of the rights to sell the JV’s products; EVE says this is conducive to its continuous improvement of the battery raw material industry chain layout.

Energy 199
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Vulcan Energy and Nobian to form JV for Central Lithium Plant

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Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA.

Russia 458
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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022. By investing in industrial eFuel production, Porsche is further expanding its commitment to sustainable mobility.

Porsche 243