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$7m seed funding funneled into lithium-ion battery recycling

Smart Energy International

PNE), an emerging growth company engaged in the regeneration of lithium-ion battery (LIB) material, announced its closure of a seed funding round at $7 million for LIB recycling. It can, according to PNE, significantly reduce CO2 emission, energy consumption and water usage while avoiding landfill waste production.

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India’s EV market to grow at CAGR of 49% between 2021-2030: IESA report

Smart Energy International

India Energy Storage Alliance (IESA), India’s leading industry alliance on energy storage, e-mobility, and green hydrogen, has released its 3rd annual edition of the 2021 India Electric Vehicle and Component Market Overview Report 2021-2030. It also includes a section on the growth of the EV ancillary market in India.

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5 States Blazing the Trail for Integrating Distributed Energy Resources

GreenTechMedia

Distributed energy resources (DERs) is an expansive term, including everything from backup generators to microgrids. In some states with 100 percent clean energy mandates, like California and Hawaii, the focus is on solar — lots and lots of it — and the tools needed to integrate this massive new grid edge resource.

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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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December 2021 Cleantech Roundup: Year in Review

Clean Energy Trust

While governments have a significant role to play in helping usher in these new solutions; in the absence of certain policies, corporates and other stakeholders can make a big impact on the market for these emerging technologies by committing to buying specific volumes of these products.

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How deeper global clean tech collaboration is needed to avoid net zero delay

Business Green

Joint IEA, IRENA, and UN assessment of COP26 Breakthrough Agenda sets out priorities for collaborative climate action between businesses and governments. With greater collaborative action, the report estimates some technology costs could drop by as much as 18 per cent by 2030, while accelerating the green energy transition in line with a 1.5C

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5 Major Trends Driving the $80B US Distributed Energy Resources Market Through 2025

GreenTechMedia

market for distributed energy resources will look very different in five years than it does today. And electric vehicles will give utilities and regulators the opportunity to promote pricing regimes to encourage charging when electricity is abundant — or suffer potentially grid-destabilizing consequences.