M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback … [continued]
There has been an enormous amount of innovation in the EV battery sector in the past decade or so. Ten years ago, it might have been hard to believe how much better, more energy dense, cheaper, and more influential batteries have become. However, there’s still work to do. So many … [continued]
The project has a combined solar and storage capacity of 800-megawatts SALT LAKE CITY — rPlus Energies (“rPlus”), a leading privately held renewable energy developer, announced that its Green River Energy Center project recently amended its power purchase agreement (“PPA”) with PacifiCorp to quadruple the battery storage capacity from 400-megawatt-hours (“MWh”) to … [continued]
Low-impact supply chain will fully integrate anode active material sourcing from mining to delivering battery material Osaka, Japan – Panasonic Energy Co., Ltd., a Panasonic Group Company, recently announced that it has signed a seven-year offtake agreement for the supply of natural graphite with Nouveau Monde Graphite Inc. (“NMG”; Quebec, Canada), … [continued]
Toyota accelerates mass production of diverse EV batteries by making PEVE a wholly owned subsidiary Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The … [continued]
Lithium, lithium, lithium — that’s what much of the electric vehicle revolution is about now. Dramatic electric vehicle sales growth is built on dramatic increases in battery mineral extraction and processing. So, big EV mineral news is big EV news … eventually. The news this week on this front is … [continued]
The National Renewable Energy Laboratory (NREL) and RMI—founded as the Rocky Mountain Institute—have collaborated to provide a virtual training to support the development of renewable energy projects and created a how-to guide on battery energy storage systems. The publicly available virtual training and how-to-guide are available through RMI’s Energy Transition Academy (ETA) and are designed to help energy leaders with advancing renewable energy development.
President Biden’s Investing in America Agenda Supports 17 Projects Across 20 States and 30 Tribal Nations and Communities, Bringing Clean Energy, High-Quality Jobs, and Energy Justice to Every Pocket of America TEMECULA, CA — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced more … [continued]
LPO Announces Conditional Commitment to ABS to Strengthen America’s Domestic Lithium-ion Battery Manufacturing Base and Supply Ecosystem The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to American Battery Solutions (ABS) for a $165.9 million loan to help finance the expansion of an advanced battery pack assembly facility to … [continued]
Lithium-air EV batteries could help decarbonize aviation, shipping, and railways if only some key technology hurdles can be leaped.
