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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The project will build a new plant in Chattanooga to produce 30,000 metric tons per year of graphite targeted at the electric vehicle industry. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025.

Parts 459
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NFI Industries orders 60 Volvo VNR Electric trucks

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NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. Earlier post.).

Volvo 273
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Developing the industrial system. L/100km (40 mpg US) or less.

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Groupe Renault working on ~20 blockchain projects

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Groupe Renault also consider blockchain as a vector for the transformation of the automotive industry. First appearing in finance, while respecting the ownership of the data items, it allowed real-time networked transactions that are secure since there is no risk of falsification.

Financing 476
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Germany and Australia to establish alliance on green hydrogen supply chain

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Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of an AUS-DEU H 2 incubator for applied research.

Australia 334
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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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As part of the FUREC project, RWE plans to build a pre-treatment plant in Zevenellen, Limburg, to convert non-recyclable municipal solid waste (MSW) into solid recovered fuel pellets. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.

Waste 448