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

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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. from an offshore wind farm—the process of producing hydrogen from water (electrolysis) can be decarbonized. The UK has awarded £7.5 Earlier post.).

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Carbon Clean and Liquid Wind partner on eMethanol production for marine fuel

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Carbon Clean, a developer of low-cost carbon capture technology, has entered into an agreement with power-to-fuels developer Liquid Wind. Carbon Clean’s technology will capture biogenic carbon dioxide emissions from a local industrial site. The partnership has ambitions for future sites.

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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

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At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Why not combine the two? We’re working on that.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

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This system will be installed in the Eurus Tashirotai Wind Farm by Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, and the four companies will begin a collaborative verification project around fall of this year.

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LeMond Composites licenses ORNL low-cost carbon fiber manufacturing process; transportation, renewable energy, & infrastructure

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LeMond Composites, founded by three-time Tour de France champion Greg LeMond, has licensed a low-cost, high-volume carbon fiber manufacturing process developed at the US Department of Energy’s Oak Ridge National Laboratory (ORNL). Earlier post.) ORNL began accepting license applications in March 2016.

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H2Carrier receives AiP from DNV for P2XFloater floating hydrogen and ammonia facility

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H2Carrier is the designer and owner of the proprietary floating energy production and storage system P2XFloater—the first industrial-scale floating green hydrogen and ammonia facility of its kind in the world. The renewable source can be either hydro power, sun or wind- or a combination of these.

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