article thumbnail

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

Green Car Congress

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. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. The rise of gigafactories.

article thumbnail

Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

Green Car Congress

Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer.

Low Cost 397
article thumbnail

Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. Taking the global trading of hydrogen as an exemplar, the report identifies substantial potential benefits for exporting and importing countries, particularly in the Global South.

Renewable 210
article thumbnail

Synhelion and INERATEC partner to produce solar fuels

Green Car Congress

Synhelion , a developer of solar fuels, and INERATEC, a manufacturer of chemical reactor technologies, are partnering to to scale up the production of solar fuels as replacement for fossil fuels for transportation. Synhelion tests its solar fuel technology at the Jülich Solar Tower.

Solar 195
article thumbnail

Researchers propose testing standards for particulate photocatalysts in solar fuel production

Green Car Congress

Utilization of renewable solar energy is crucial for addressing the global energy and environmental concerns and achieving sustainable development. In this regard, photocatalytic water splitting has attracted significant interest as a cost-effective means to convert sustainable solar energy into valuable chemicals. Credit: DICP.

Solar 418
article thumbnail

BMW Group sourcing aluminum produced using solar energy from EGA

Green Car Congress

The BMW Group will begin sourcing aluminum produced using solar electricity with immediate effect. Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions.

BMW 395
article thumbnail

Canada releases list of 31 critical minerals; domestic production, global impact

Green Car Congress

Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.

Canada 418