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Circular economics and the $57B e-waste opportunity. The plastic waste problem gets plenty of attention, and for good reason: If we continue mismanaging this material as usual, there could be 7.7 Just as stunning: Plastic isn't the fastest growing waste stream the world needs to deal with. . Heather Clancy.
As global effort to fight climate change intensifies, the challenge for battery manufacturers and their supply chains is to find ways to meet the rapidly growing demand for electric vehicles (EVs). According to the International Energy Agency (IEA), global sales of new electric vehicles (EV) grew from 3 million in 2020 to 6.6
Recovering the critical raw materials residing within electronic waste will require investment, and a legal framework to incentivise this will be essential, say the authors (image credit: Steve Janosik , CC BY-NC-ND 2.0 Fluorescent powders from cathode ray tubes (CRTs; in TVs and monitors) and fluorescent lamps.
A new partnership aims to demonstrate how bespoke circular-economy batteries can tackle the mounting problem of e-waste, specifically in relation to electric vehicles. To combat this, the International Energy Agency (IEA) predicts sales of up to 44 million electric vehicles (EVs) a year by 2030.
John Powers is the co-founder and CEO of Extensible Energy, a load-flexibility software company. *. We are in the middle of the most remarkable transformation in the history of the electricity grid — from dirty and centralized to clean, distributed, and digital. Don’t get me wrong: I love batteries. I know, I know.
The transportable monitoring equipment. A new continuous metals monitoring technology was recently trialled at a river by a Talc production plant in central Finland. It is common practice globally, to monitor metals concentrations by sampling for laboratory analysis, and the plant had previously taken samples three times per week.
TES plans to focus the facility on the recycling of lithium-ion batteries. The facility currently covers 10,000 square meters, and an option to extend onto a neighboring plot could increase the size to over 40,000 square meters. This could very well become the largest European facility for recycling batteries from electric cars.”
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.
6K, a producer of engineered materials for lithium-ion batteries, has raised $102 million in the first of two Series D funding tranches. The round was led by Koch Strategic Platforms, an investment arm of fossil fuel giant Koch Industries, with participation by investors Energy Impact Partners, Albemarle, HG Ventures and others.
Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Department of Energy to extract nickel and magnesium from mining waste. Overstory announced a $5.2M
Whether it’s recycling paper waste, encouraging the use of a water fountain or even purchasing energy efficient lighting, the way businesses operate can affect the generations yet to come. What does that mean for electric vehicles? Every element within an electric vehicle affects the overall weight and efficiency of the car.
2024 is here, and it’s full of promise for the climatetech industry. Circularity for critical metals and minerals Recommended to Axios’ Climate Deals by Clean Energy Ventures Carbon To Stone is developing a carbon mineralization technology coupled with high-value minerals and metals recovery.
As the world grapples with the unfolding climate crisis, the quest for sustainable and environmentally friendly energy solutions takes center stage. This forward-thinking company is revolutionizing the hydrogen industry with a proprietary process that stands to eclipse traditional methods.
The UK must develop facilities to extract valuable metals from electronic waste, or it risks falling behind growing global competition, argues Inprotec's Chris Oldroyd. They include the rare earth elements and other metals such as lithium, indium, tellurium, gallium, and platinum group elements. Instead, we mostly ship it abroad.
I am however interested in where it can genuinely fit into the energy toolbox. In terms of energy delivery today, each of these roughly speaking, split about 1/3 each though it is worth stressing that power is a different product to heat. To compare them in energy terms is a bit like comparing apples with pears.
Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. ELECTRICITY. This energy storage solution is low-cost, flexible, and long-duration. MANUFACTURING.
Image credit: Connected Energy. By Matthew Lumsden, CEO of Connected Energy, a firm with expertise in using batteries for energy storage. Indeed, the global energy storage market is set to grow by 21% annually to 2030, according to BNEF while concerns over the supply of critical minerals to manufacture new batteries persist.
Innovate UK's Jonny Voon explores some of the most exciting green ideas this year, ranging from UK lithium mining and plastic recycling breakthroughs, clothing that 'grows' with the children wearing it. We have a fantastic opportunity as we recover from the pandemic to build an economy and society which is greener, fairer and more resilient.
Today, we are proud to support more than 115 climatetech startups that are reimagining how we use and store energy, how we manufacture goods, our transportation infrastructure, and so much more—all in the name of climate action and creating a just, sustainable future for all. . Electricity. Agtech + Water.
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.
Earnings season is here, and we read through the energy majors’ earnings report calls from last week so you don’t have to — and learned about the progress, and direction, of the energy transition. Thanks for reading! Not a subscriber yet? 💼 Find or share roles on our job board here.
Funding Active Surfaces , a Go Build 2023 participant and ACCEL Year 1 alum that’s commercializing ultra-thin-film solar technology, raised a $5.6M CalWave Power Technologies , which is working to harness carbon-free power from ocean waves, was chosen by the U.S. Department of Energy. agreement with Tugliq Énergie Co.
Battery developer Aceleron has teamed up with electric quadbike manufacturer Eco Charger to launch a new system designed to help drive down the number of batteries going to waste, a problem that is expected to grow as rising numbers of electric vehicles (EVs) on the road begin to age. Waste is the elephant in the room.
Form Energy raised a $450M Series E for its cost-effective, multi-day energy-storage systems. American Battery Technology Company was awarded a $57M Department of Energy grant to build a $115M, first-of-kind commercial-scale facility to manufacture battery-grade lithium hydroxide from Nevada-based sedimentary resources.
Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. Fervo Energy and Google’s next-generation, 3.5-MW
Funding American Battery Technology Company —a startup with technologies for lithium-ion battery recycling, battery-metal extraction, and primary mineral resource development—was awarded $60M in tax credits to accelerate the construction of its next-generation battery recycling facility. tax credit allocation from the U.S.
The European Geothermal Energy Council (EGEC) has announced the five exceptional nominees for the Ruggero Bertani European Geothermal Innovation Award 2025. By using a second reactor with a Ti-/Mn-based adsorbents, the process of water can be recycled, and the energy and transportation effort is significantly reduced.
Eighteen startups joined our community in the first months of 2023, working on innovations as diverse as an ammonia-based energy system, sneakers made from food waste, and nano-filters that reduce energy consumption in chemical separations. This system has 5x higher system-level energy densities compared to lithium batteries.
From mobile phones to computers to electric vehicles, the convenience of on-demand power is driving demand for batteries of all shapes and sizes. Lithium ion batteries, today’s most widely used type of rechargeable batteries, can release highly toxic gases if disposed of improperly. how will we manage all that toxic waste?
In the wake of the European elections, new research reveals Europe’s battery rollout is lagging behind the rate required for renewable energy targets , and growth could slow further over the next three years, explains Jean-Marc Guillou, chief technology officer for energy storage systems at Socomec. Have you read?
The plastic waste problem gets plenty of attention, and for good reason: If we continue mismanaging this material as usual, there could be 7.7 Just as stunning: Plastic isn't the fastest growing waste stream the world needs to deal with. Two other data points to mull, courtesy of the Global E-wasteMonitor : Researchers figure just 17.4
Where else can you find entrepreneurs at neighboring benches working on innovations as diverse as filtration, energy storage, building materials, alternative proteins, and battery metal recycling? We provide equipment , manage the lab, handle all waste streams, and encourage our entrepreneurs to share ideas and knowledge.
manufacturing Building a resilient supply chain Strengthening rural and Tribal access Scaling a regenerative food system These entrepreneurs join our portfolio of more than 160 companies that have collectively created over 10,000 jobs and are delivering real benefits in local communities. The Big Picture: Even a thin.5mm
Funding M2X Energy , which develops a modular, transportable gas-to-liquids system to economically produce low-carbon methanol, raised a $40M Series B to accelerate the manufacturing and deployment of its system. APRA-E SCALEUP award to scale the manufacturing of its aerogel materials for energy-efficient windows.
While commercial mining of the deep seafloor is not yet happening, momentum is building and the world is now seriously entertaining the possibility. To vacuum up these treasured chunks requires industrial extraction by massive excavators. In June, Nauru took the first step in launching the industry.
Circular economics and the $57B e-waste opportunity Heather Clancy Mon, 07/12/2021 – 02:00 The plastic waste problem gets plenty of attention, and for good reason: If we continue mismanaging this material as usual, there could be 7.7 gigatons of the stuff cluttering landfills, waterways and oceans, or being incinerated by 2040.
Circular economics and the $57B e-waste opportunity Heather Clancy Mon, 07/12/2021 – 02:00 The plastic waste problem gets plenty of attention, and for good reason: If we continue mismanaging this material as usual, there could be 7.7 gigatons of the stuff cluttering landfills, waterways and oceans, or being incinerated by 2040.
In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B sustainable infra fund.
Advanced Manufacturing Inflation Reduction Act Activation Guide Download Guide Produced by EDF in collaboration with Any company that owns or sources from industrial facilities may benefit from IRA incentives. Eligibility Requirements Organization Types and Usage: Domestic manufacturers of eligible components.
BusinessGreen gets the low-down from green experts on the government’s vision for building up a sustainable supply of critical cleantech minerals and metals. We offshored all our industry, and now we're seeing the consequences," he said. Diversifying supply chains.
This week, we’re digging into the news that Arkansas’ southwestern Smackover Formation region could be home to between 5 and 19 million tons of lithium. In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. Image via USGS.
Responsible for nearly a third of global warming and a quarter of global energy, methane matters. In deals this week $145m for lithium extraction, $52m for methane emissions detection, and $40m for sustainable aviation fuel. In January, Longpath secured a $189m conditional US Department of Energy loan guarantee.
Then, beginning around 2009, first wind turbines and then solar photovoltaic panels decreased enough in cost to become competitive in electricity markets. will need to nearly triple its 2020 growth rate for the grid to be 80% powered by clean energy by 2030. is headed in that direction. in 2020, according to BloombergNEF data.
The Biden administration’s ambitious projections seem to depend on a mix of agricultural waste (from corn and soya bean production) and woody biomass. While bioenergy remains the world’s largest source of renewable energy, there is still at this point a sense that there might not be enough to go around, to meet the demands of aviation.
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