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🌏CRU Senior Consultant David Royle featured in CSIRO's article on Australia's potential in silicon metal and polysilicon production, a key material for the production of solar cells and other technologies. ⛏ Australia's abundance of rich rock quartz deposits and vast solar PV generation potential gives the country a competitive edge in a polysilicon market dominated by China. ⚡ The access to stable, cheap energy combined with incentives like the tax credits provided in the Future Made in Australia Act, will be pivotal in establishing not only a position in the polysilicon production industry, but across the whole solar value chain, from raw material to solar panel production. Read more here: https://lnkd.in/gRkZqMHW #polysilicon #renewables

Hot News Tuesday: China has, and is developing geothermal! I remember the first time I heard about geothermal energy in China. It was an "ah-ha" moment for me. There are places developing geothermal that don't always talk about it, where you wouldn't expect geothermal, like China. You would be surprised to hear how much geothermal energy they have built and how much more can be developed. One unique aspect, though, is that much of this development is focused on low temperature, direct use heating. This is one of the areas where geothermal can really shine and make an impact on decarbonization, and it's exciting to this this idea grow. Specific metrics were shared by Sinopec and are included in the linked ThinkGeoEnergy article. Check it out. As always, if you have any questions come up after reading this article, feel free to reach out. #geothermal #growth #sustainability #energy

Local content and maximizing value chains, one of my favourite topics when it comes to the growing Namibian energy sector! I’m so looking forward to the ‘Promoting Local Content: Maximizing Opportunities in the Energy Value Chain.’ discussion at the Namibia International Energy Conference 2024. #NIEC2024 #Energy #OilAndGas

China Invests €2bn in Serbian Renewable Energy and Hydrogen Project 🏭🛢️💨 Serbia has secured a significant investment from China to develop renewable energy projects and a hydrogen production facility. The €2bn project will help Serbia reduce its reliance on imported energy and move towards a more sustainable future. The Deal 🤝 The Serbian Ministry of Mining and Energy signed a Memorandum of Understanding (MoU) with China’s Shanghai Fengling Renewable Co. and Chinese-owned Serbia Zijin Copper. The MoU outlines plans to invest in 1.5GW of wind turbines and 500MW of solar power plants, as well as a green hydrogen plant with an annual production capacity of 30,000 tonnes. The Impact 🌫️💧🔥 The energy produced from the project will be used to power a Zijin copper mine and smelter near Bor, Serbia. This will help reduce the mine’s reliance on fossil fuels and improve its environmental impact. The Future of Energy 🚀 This investment is a significant step forward for Serbia’s renewable energy ambitions. The project will help the country diversify its energy mix and reduce its reliance on imported fossil fuels. #Serbia #RenewableEnergy #Hydrogen #China #SustainableMining #H2 #Energy #EnergyTransition #Demandresponse #ESS #PV #Gridedge #EnergyManagment #ClimateAction #CarbonReduction #SustainabilityGoals #DrAlaaInsights #mobility #cleanenergy #electrification

West African Energy Summit Unveils Exclusive Insights on Namibia's Luderitz Basin - OGV Energy: West African Energy Summit Unveils Exclusive Insights on Namibia's Luderitz Basin  OGV Energy

Serbia's Minister of Mining and Energy Ms. Dubravka Djedovic Handanovic formally announced on the Belgrade Energy Forum 2024 the completion of all technical documentation for the Bistrica pumped storage hydropower plant project by end of 2024 and subsequent start of preparatory works in 2025. The plant is a strategic component of the Integrated National Energy and Climate Plan (INECP) and of the National Energy Development Strategy until 2050, as well as part of the National program "Leap to the Future – Serbia EXPO 2027". Currently it is the most important project in the country’s energy sector, expected to generate 646 MW and to financially contribute up to €140 million per year to Serbia’s state-owned power utility company Joint stock company "Elektroprivreda Srbije". Thanks to the expertise of its Japanese members in the energy sector, JBAS - Japanese Business Alliance in Serbia is honored to have contributed to the creation of INECP & SRE 2050. Government of the Republic of Serbia Japan International Cooperation Agency (JICA) For more info: https://lnkd.in/daMfTVpM #Japan #Serbia #BelgradeEnergyForum2024 #Expo2027 #BelgradeExpo2027 #collaboration #partnership #JapaneseInnovation #JapaneseCompanies #GreenEnergy #GreeenEconomy #EnergySector #investments #JBAS

#RUIDAESG 🏭 Ganfeng Lithium Expands Overseas: Turkey Becomes New Battleground for Chinese Energy Storage Ganfeng Lithium, a leading enterprise in the lithium industry, has taken its first step to build a factory in Turkey by partnering with a local Turkish battery company. Turkey has become the latest focus for Chinese investment in energy storage batteries. Previously, Chinese battery companies such as EVE Energy and Farasis Energy had already established factories in Turkey. In February of this year, Harbin Electric International Company signed a contract with Turkish energy company Progresiva Energy for Turkey's first gigawatt-level energy storage project, with a total investment of approximately $400 million. #Lithium #Cleanenergy #Greenenergy #EnergyStorage #MarketInsights #ChinaMarket #SeasonalDemand #Options #Futures #Metals #Oil #Agricultural #Energy #InterestRate #StockIndex #ForeignExchange #FinancialDerivatives #FinancialServices #GlobalMarkets #Futures #Options #CommodityTrader #Producer #Consumer #Utility #Shipowner #AssetManager #InstitutionalInvestor #Government #Regulator #AssociationBank #CommodityBroker #Exchange #Storage #Logistics #FreightForwarder #TechnologyProvider #AdvisoryFirm #DataProvider Source: CAIXIN

🇨🇳 INSIGHT: "North China produces world's longest wind turbine blades" HOHHOT, March 22 (Xinhua) -- The first set of 131-meter-long onshore wind turbine blades, the longest in the world, have been successfully produced in Bayannur, north China's Inner Mongolia Autonomous Region, according to local authorities. The blades rolled off assembly line on Thursday at the Sany Renewable Energy in the Bayannur zero carbon smart industrial park. They will be installed in large megawatt wind turbine units, thereby boosting wind power generation capacity and efficiency. The new blades exhibit excellent stability and durability, challenging the limits of manufacturing materials in terms of stiffness and strength and driving innovation in modern manufacturing technology. The wind turbine blades have already undergone component and full-size testing. Sany Renewable Energy has..... 👉 Full article: https://lnkd.in/dUXjygpi 🎯 TA RawMaterials: https://lnkd.in/d_Np2KpZ (co-funded by Krixos & the EU) #windturbine #windpower #energy #criticalminerals #china #renewables #mining #evs #renewableenergy #rareearths #rareearthelements

🗓️On 05 August 2024, the national transmission system operator NPC “Ukrenergo” held a #forum “#Decentralized Generation: New Opportunities for Business and Communities.” The event brought together representatives from industry authorities, businesses, relevant associations, the public, analytical centers, and other stakeholders. The #UWEA was represented by the Chairman of the Board Andriy Konechenkov, Deputy Chairman for Small and Medium Wind Generation and CEO of Gresa Group Mykola Savchuk, along with representatives from other UWEA member companies. The forum garnered significant public attention not only due to the importance of its theme but also because of Ukrenergo’s official announcement of its readiness to conduct the first long-term #auctions for the procurement of ancillary services to balance the #power system. According to the Chairman of the TSO’s Board, Volodymyr Kudrytskyi, the first auctions are scheduled for 15 and 22 August, at which Ukrenergo plans to purchase services for various types of reserves, signing contracts with auction winners for five years, with a one-year deferment of service provision. According to the national TSO, for stable operation in the coming years, the national energy system needs to add: 🔹+4 GW of new wind power capacities; 🔹+3.8 GW of solar power capacities; 🔹+1.4 GW of gas power capacities; 🔹+1.1 GW of new biomass power capacities; 🔹+0.8 GW of energy storage capacities. However, according to Ukrenergo’s calculations, implementing these plans will require attracting around 12-13 billion EUR, which will be impossible without private investments. Therefore, there is a need to create a favorable regulatory environment and economic preconditions. 💬Andriy Konechenkov emphasized this during the Q&A session as well: “UWEA is ready to participate in implementing these ambitious plans and provide its proposals to improve the existing legislative and regulatory framework in Ukraine. Specifically, for actively increasing renewable energy capacities and effectively applying recently adopted support mechanisms in market conditions, UWEA proposes establishing a fund to guarantee the minimum price of electricity under power purchase agreements and minimize market risks for investors in Ukraine.” Additionally, the UWEA Chairman highlighted the need for broader interaction with locals in the regions. 💬“Unfortunately, today we face a situation where new renewable energy projects are being blocked in the regions by locals. Therefore, we need to work with people, explain and communicate,” said Andriy Konechenkov. Full story: https://lnkd.in/efKrBAu9

🚀 The countdown has begun! Less than two months left for the Chile Energy Transition Summit 2024, happening from November 5th to 7th in Santiago, Chile. Don’t miss this key event for the future of energy and mining in Chile!  🍃 Supported by the Ministry of Energy and the Ministry of Mining of Chile, this event will bring together more than 120 industry leaders for three days of networking, presentations, and business meetings that will shape the direction of the country’s energy transition.   🔑 Confirmed speakers include key representatives from the Ministry of Mining, Ministry of Energy, CORFO, the National Energy Commission, and leaders from companies such as Aggreko, Atess Power Technology, and Atlas Renewable Energy.   🔧 Key topics: . Evolution of the Chilean energy market . Opportunities in solar and wind energy . Integration of green energy and mining . Development of green hydrogen . Regulatory frameworks and future policies Don’t miss the opportunity to be part of the conversation that will shape Chile’s energy future. Remember, our partners receive a 10% discount, don’t miss out! Request your discount code by writing to micaela.marinelli@in-vr.co. Register today and join us at the Chile Energy Transition Summit 2024. Registration link: https://lnkd.in/giBUWKPT #ChileEnergyTransition #RenewableEnergies #Mining #EnergyTransition #Innovation #SustainableFuture