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GEL to produce geothermal lithium from Cornwall, UK projects

ThinkGeoEnergy

Geothermal Engineering Limited (GEL) has announced plans of producing around 10o tonnes of Lithium Carbon Equivalent (LCE) per year from the company’s geothermal projects in Cornwall, UK. The United Downs project is expected to start producing power in 2024 and represents the UK’s first integrated deep geothermal power and heat project.

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Proterra to Take Heavy-Duty Electric Vehicle Business Public via SPAC Transaction

GreenTechMedia

Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the NASDAQ exchange via merger with a special purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand.

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KPI-Based Guarantees Will Unlock 300MW of Commercial Storage-as-a-Service

GreenTechMedia

Corporations aren’t just interested in renewable energy; they are a leading driver of its growth. According to data from Wood Mackenzie Power & Renewables, corporate customers procured a total of 5.8 ” Energy storage-as-a-service.

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How ‘green’ are electric cars?

Renewable Energy World

With the ban of new petrol and diesel cars in place in the UK by 2030, sales of electric cars are expected to surge. Plug-in hybrid and electric vehicles accounted for more than 1 in 10 vehicle registrations in 2020, up from 1 in 30 in 2019, according to data published by the Society of Motor Manufacturers and Traders. Lithium mining.

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Second Life: Carmakers and Storage Startups Get Serious About Reusing Batteries

GreenTechMedia

Batteries aren’t dead when they come to the end of their useful life in an electric vehicle. Reused or “second-life” lithium-ion batteries still have a lot of juice left in them, but so far the concept of using these batteries in stationary applications has yet to gain real market traction.

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The Lead-Acid Battery’s Demise Has Been Greatly Exaggerated

R-Squared Energy

A key point they made in the email was that lead-acid batteries are 99% recyclable, while lithium-ion batteries are recycled at a rate below 5%. However, when I look at the trajectory, I see lithium-ion batteries steadily declining in price, while the price of lead-acid batteries is relatively stagnant. They agreed. Several things.

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Inflation Reduction Act Activation Guide: Advanced Manufacturing

EDF + Business

Automotive Consumer Products Clean Energy Inputs Batteries Machinery Mining Paper Plastics Cement Steel Glass Chemicals Key Relevant Provisions §45X and §48C are the key provisions to know for advanced manufacturing, offering incentives for domestic clean technology and energy efficient manufacturing.