Category: Natural resources

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming

As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch by the mid-2020s, according to a Wood Mackenzie report released Wednesday. Lithium, cobalt, and nickel supplies are expected to be worst hit. As car manufacturers ramp up production of electric cars, the metals used…
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1st August 2019 0

Apple beats rivals to be named top company in the US for solar

The business with the most installed solar capacity in the U.S. is Apple, according to a new report from the Solar Energy Industries Association (SEIA). Released Thursday, the Solar Means Business Report for 2018 looked at both off and on-site solar installations at businesses in the U.S.Apple, with 393 megawatts (MW) of installed capacity, takes…
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30th July 2019 0

Can Metals Supply Keep Up With Electric Vehicle Demand?

Battery raw materials could face a supply crunch by the mid-2020s. In every electric vehicle (EV) battery, there’s a complex chemistry of metals – cobalt, lithium, nickel and more. The electrification of transport is transforming the demand and supply of those battery raw materials. In fact, we expect to see double-digit growth for battery raw…
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25th July 2019 0

Giant batteries and cheap solar power are shoving fossil fuels off the grid

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world’s largest batteries. It would provide 7%…
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22nd July 2019 0

New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear

Los Angeles Power and Water officials have struck a deal on the largest and cheapest solar + battery storage project in the world, at prices that leave fossil fuels in the dust and may relegate nuclear power to the dustbin. Later this month the LA Board of Water and Power Commissioners is expected to approve…
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9th July 2019 0

India scrambles to look overseas for rare earths used in EVs

MUMBAI/NEW DELHI — Three Indian state-run companies are forming a joint venture to secure minor metals such as lithium and cobalt that could fuel India’s plan for mass adoption of electric vehicles by 2030. National Aluminum, Hindustan Copper and Mineral Exploration Corp. plan on exploring mines in Argentina, Bolivia, Chile and other countries for metals…
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1st July 2019 0

A 100% renewable grid isn’t just feasible, it’s in the works in Europe

Europe will be 90% renewable powered in two decades, experts say. The myth that a very high level of renewables can’t be integrated into the electric grid is being demolished by the cleantech and battery storage revolution. “By 2040, renewables make up 90% of the electricity mix in Europe, with wind and solar accounting for…
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28th June 2019 0

First of more than 100 solar-powered electric forecourts planned for Essex

It is part of GRIDSERVE’s £1bn UK-wide programme to make EV charging ‘as easy as using petrol stations’ he first of more than 100 electric forecourts powered by solar panels to be built in the UK has been announced for Braintree in Essex. The news follows GRIDSERVE’s previous commitment for a £1 billion UK-wide programme…
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26th June 2019 0

Clean electricity overtaking fossil fuels in Britain

For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019. National Grid says clean energy has nudged ahead with 48% of generation, against 47% for coal and gas. The rest is biomass burning. The…
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21st June 2019 0

Solar, Wind, Batteries To Attract $10 Trillion to 2050, But Curbing Emissions Long-Term Will Require Other Technologies Too

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). In its New Energy Outlook 2019 (NEO), BNEF sees these technologies ensuring that – at least until 2030 – the power sector…
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19th June 2019 0