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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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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.

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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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Panasonic: How a green technology drive can help deliver on internal carbon goals

Business Green

The company, which produces components for a range of industrial customers, including electric vehicle (EV) manufacturers and charge point operators, operates 16 factories across Europe, and has supply chains that extend across the continent. This is a really big challenge.".

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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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Global Briefing: French vegan restaurant becomes first to win coveted Michelin Star

Business Green

Currently, only power plants emitting less than 250 grammes of CO2 per kilowatt-hour currently eligible for support under the bank's rules, but the EIB now intends to phase out all funding for fossil fuels before the end of the year. Hamburg coal power plant to be converted into mega-electrolyser for green hydrogen.