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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

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a storage solution and battery materials company based in South Korea. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. Germany, the U.K. degrees of global warming.

Carbon 418
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Vulcan Energy signs binding offtake agreement with LG Energy for lithium hydroxide

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LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity. LGES will purchase between 41,000 to 50,000 metric tonnes of battery-grade lithium chemicals over the duration of the agreement. —Vulcan’s Managing Director Dr. Francis Wedin.

Energy 150
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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25

Coal 225
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S. Korean steel-maker POSCO invests in Li3 Energy for lithium exploration

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a US-listed and South American-based global exploration company in the lithium and minerals sector, executed a Securities Purchase Agreement with POSCO Canada Ltd., a wholly-owned subsidiary of South Korea-based POSCO, one of the largest steel manufacturers in the world. Li3 Energy, Inc.,

Energy 199
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Nesscap Energy completes $8.5M private placement

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The financing will be used primarily to expand Nesscap’s operations in South Korea. Ultracap company Nesscap Energy Inc. closed a US$8.5 million private placement of common shares from affiliates of each of I2BF Global Ventures and Arbat Capital Group at a price of C$0.38 per common share. formerly Vardimco Enterprises Ltd.

Energy 231
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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China’s e-bus prices have declined, while annual sales have slowed due to the decrease in purchase subsidies as well as market saturation in large cities. Highlights of the renewables investment total included a leap of 56% in financings of offshore wind projects to $50 billion, including the largest deal ever in that sub-sector—$8.3

2020 259