A wide-ranging joint report published by the Democratic presidential candidate and his former rival includes the section: ‘Undoing the harms of the Trump administration and righting the wrongs.’
Also, a court in Beijing is now reviewing an application for bankruptcy filed by a unit of Hanergy. In other developments this week, a diverse range of solar industry players launched the 600W+ Photovoltaic Open Innovation Ecological Alliance.
The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.
Startup Natron Energy is building a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte. Investors include ABB Technology Ventures, NanoDimension Capital, Volta Energy Technologies, Chevron, Khosla Ventures, and Prelude Ventures.
France’s Energy Transition Law has set forth aggressive renewable targets with plans to achieve energy independence by 2030 for its Non Interconnected Areas (NIA), or small isolated electricity networks. The renewable targets for its primarily overseas regions are more ambitious than the country’s mainland energy transition goals, with the national plan aiming to achieve 50% renewable energy penetration for NIA electricity by the end of this year. The rapid deployment of solar PV on the country’s islands across international waters creates challenges for grid operations, and battery storage is stepping in as a solution.
Scientists led by MIT have suggested chitin, a carbon and nitrogen-rich material made from waste shrimp shells, could produce sustainable electrodes for vanadium redox flow batteries and other energy storage technologies.
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Funded by the bloc’s Emissions Trading System, the warchest will look to spend more than €10 billion on bringing clean energy innovations to market over the next decade. The scheme will work with other green recovery programs to secure jobs and lay a foundation on which to restart the European economy.
The Japanese brand has closed the initial $6.85 billion purchase price for 80% of the Power Grids business that was owned by ABB. The buyer will have the option of purchasing the outstanding shares in 2023.
Responsibility in battery supply chains has become a growing focal point over the last few years and will remain a key theme as demand for mobile phones, electric vehicles, and alternative forms of energy continue to increase. Alexander Preston from SAFE sets out how the application of blockchain technology can deliver visibility, build trust, and facilitate the battery sector’s digital transformation.
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