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BASF consolidates business, will invest $5 billion in battery materials and recycling

Charged

The company will also invest up to €4.5 BASF also plans to expand its CAM manufacturing in Asia, Europe and North America. BASF also plans to expand its CAM manufacturing in Asia, Europe and North America. billion ($5 billion) in battery materials and recycling. Source: BASF.

Recycling 124
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Operational clean hydrogen production projects set to double globally within the next five years

Envirotec Magazine

followed suit through the introduction of a clean hydrogen production tax credit through the Inflation Reduction Act and a hydrogen hubs program through the Infrastructure Investment and Jobs Act (IIJA) whilst also introducing its National Clean Hydrogen Strategy and Roadmap. Meanwhile, the UK launched its hydrogen strategy in 2021.

Hydrogen 275
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The widespread impact of ransomware in the Asia Pacific

Smart Energy International

Some 80% of organisations in the Asia Pacific were affected by ransomware attacks in 2021 with 51% paying the ransom, according to the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption report released by Claroty. The only way to mitigate the risk is to understand how to make hyperconnectivity more secure.

Asia 98
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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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Ascend Elements to open battery recycling facility in Georgia

Charged

The company plans to invest $43 million in the 154,000-square-foot facility, which will be able to process 30,000 metric tons of discarded batteries and scrap per year. Ascend plans to open more facilities in North America, Europe and Asia to process a total of up to 150,000 metric tons of lithium-ion battery materials per year. “As

Recycling 124
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Cement firm CEMEX pours investment into carbon-cutting 'upcycling' start-up

Business Green

Global cement giant CEMEX has invested $6.5m The new investment from CEMEX - which was led by the firm's corporate venture capital and open innovation arm CEMEX Ventures - is set to support the roll out of the technology at a number of cement facilities in North America, Europe, and Asia.

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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

Norwegian investment in Indian transmission The Norwegian Climate Investment Fund, managed by government-owned Norfund and KLP, Norway’s largest pension company, is investing approximately $9 million for a 49% stake in the Koppal Transmission Scheme. ReNew has won three transmission projects in Karnataka to date.

Energy 118