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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

Clean 259
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Energy Fuels will process the monazite sands into a mixed rare earth carbonate (RE Carbonate) in Utah for use as feed material for Neo’s value-added separated rare earth production plant in Europe. Energy Fuels is also continuing to evaluate developing additional value-added US rare earth production capabilities in Utah in the future.

Energy 186
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion) and South Africa ($5.5

2014 150
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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However, the raw materials for batteries are, in most cases, imported into China from Africa and refined before being exported to Europe. Automakers in Europe can lower their emissions by shortening the transport distance and capitalizing on the DRC’s hydroelectric powered grid and proximity to raw materials.

Africa 221