The European Union was one of the first to set common rules for critical materials and later in the battery segment. To achieve carbon neutrality by 2050, among other steps under the EU Green Deal’s top priorities, the EU Commission has introduced the new Circular Economy Action Plan that aims to ensure that used.
Project System >>
Today, companies with close ties to the Chinese Communist Party (CCP) control nearly half of the global supply of electric vehicle (EV) batteries. While there is certainly merit in...
Given that so much money can hinge on whether or not a company sources batteries or battery materials from an FEOC, the DOE has used the Proposed Rule to provide
China has taken a leading position in the battery industry, with the majority of global lithium refining capacity under its control. The country''s "battery arms race" and emphasis on technological independence have significant implications for the global supply chain.
With the electric vehicle market booming and renewable energy storage needs increasing, the demand for lithium-ion batteries is set to soar. By 2030, the landscape of global battery production will be markedly different from today, dominated by a handful of countries that have made strategic investments in this crucial technology.
On 3 May 2024, the US Department of Energy (DOE) released the final form guidelines 1 on the interpretation of a "foreign entity of concern" (FEOC) under the Bipartisan Infrastructure Law 2 (BIL), and Internal Revenue Code 3 (IRC)
China has taken a leading position in the battery industry, with the majority of global lithium refining capacity under its control. The country''s "battery arms race" and emphasis on technological independence have
These new guidelines introduce significant changes poised to impact battery producers across the globe, with companies in China and Taiwan being at the forefront of these challenges. Key Highlights of the New
Countries worldwide are renewing or adapting their political strategies for battery technologies. In this context, a new Fraunhofer ISI report is analysing the different battery policies and targets with focus on three fields of
The energy transition is off-track. The aftermath of the COVID-19 pandemic and the ripple effects of the Ukraine crisis have further compounded the challenges facing the transition. The stakes could not be higher - every fraction of a
The EU''s new battery regulations seek to regulate the entire battery lifecycle of extraction, production, recycling and disposal. Included in the regulations is a "battery passport" that will document social, environmental, and governance metrics at different stages of
A technician checks battery products at an industrial park in Yichang, Hubei province. [ZHANG GUORONG/FOR CHINA DAILY] China''s battery industry continues to enthuse foreign investors, buoyed by the country''s robust demand for electric vehicles and its leading position in battery technologies, said industry experts.
Countries worldwide are renewing or adapting their political strategies for battery technologies. In this context, a new Fraunhofer ISI report is analysing the different battery policies and targets with focus on three fields of battery technology research: Lithium-ion, solid-state, and alternative batteries. The report highlights the political
The question is: Will electrical energy, and in particular, stored energy in batteries, be subject to the same global economic and geopolitical forces that shaped fossil fuels? How long...
On Tuesday, March 21, 2023, the US Department of Commerce issued a notice of proposed rulemaking on the guardrail provisions included in the CHIPS
On 3 May 2024, the US Department of Energy (DOE) released the final form guidelines 1 on the interpretation of a "foreign entity of concern" (FEOC) under the Bipartisan Infrastructure Law 2 (BIL), and Internal Revenue Code 3 (IRC) as amended by
recently, in June 2022, Tesla reached a new cobalt deal with Glencore to manufacture lithium-ion batteries in Gigafactories in Berlin and Shangai (Hale, 2022). In all these African countries, the governance of mineral rights and rents is central to the political economy of their mineral–energy complex. In most of the cases, critical minerals
The question is: Will electrical energy, and in particular, stored energy in batteries, be subject to the same global economic and geopolitical forces that shaped fossil fuels? How long...
On December 1, 2023, the Department of the Treasury ("Treasury"), Internal Revenue Service ("IRS"), and Department of Energy ("DOE") issued the proposed rules governing the Foreign Entity of Concern ("FEOC") restrictions for clean vehicle subsidies in the amended section 30D clean vehicle tax credit, as amended by the Inflation Reduction Act of 2022 ("IRA"). Under the
The US Department of Energy recently released its proposed guidelines on the interpretation of a "foreign entity of concern" (FEOC). In this article, we provide a high-level summary of these guidelines, and the consequences of conducting business with a FEOC in the context of the electric vehicle tax credits and battery grants available in the US, as part of the
Today, companies with close ties to the Chinese Communist Party (CCP) control nearly half of the global supply of electric vehicle (EV) batteries. While there is certainly merit in...
Section 30D provides a tax credit for new clean vehicles, including battery electric vehicles. Section 30D(d)(7) "Government of a foreign country" is a term used to determine whether an entity is "owned by, controlled by, or subject to the jurisdiction or direction of a government of a foreign country." It is also used in the proposed interpretation of "foreign
New proposed Treasury and Department of Energy ("DOE") guidance, issued on December 1, 2023, offers clarity on which vehicles will be disqualified from the Clean Vehicle Tax Credit due to the inclusion of minerals
Given that so much money can hinge on whether or not a company sources batteries or battery materials from an FEOC, the DOE has used the Proposed Rule to provide clarity to the statutory...
These new guidelines introduce significant changes poised to impact battery producers across the globe, with companies in China and Taiwan being at the forefront of these challenges. Key Highlights of the New Regulations: Beginning in 2027, any power batteries destined for European markets will mandatorily require a "Battery Passport."
With the uptake of battery-powered Electric Vehicles (EVs) accelerating globally, economic activity centered on high-tech lithium-ion battery production is poised to become the
With the uptake of battery-powered Electric Vehicles (EVs) accelerating globally, economic activity centered on high-tech lithium-ion battery production is poised to become the new engine of growth in the 21 st century. At present, State-backed Chinese companies dominate the world''s Li-ion supply chain from end to end (i.e., upstream and
Largely in response to China, the U.S. has increased its investments in batteries. The passage of the Inflation Reduction Act of 2022 (IRA) committed over $20 billion during the year to the
The EU''s new battery regulations seek to regulate the entire battery lifecycle of extraction, production, recycling and disposal. Included in the regulations is a "battery
Demand for batteries is set to increase 14-fold by 2030. This is mostly driven by electric transport - making this market strategic at a global level. Meeting the demand is challenging as certain countries control the largest deposits of resources and related mineral supply chains.
Battery regulation's summary in the top countries producing electric vehicles - the EU, the US, China, South Korea, and Japan.
The European Union's new battery regulations represent an ambitious effort to regulate the full lifecycle of global battery production. However, questions have been raised about their ability to regulate the social and environmental performance of mining and battery manufacturers.
Countries worldwide are renewing or adapting their political strategies for battery technologies. In this context, a new Fraunhofer ISI report is analysing the different battery policies and targets with focus on three fields of battery technology research: Lithium-ion, solid-state, and alternative batteries.
This strategic move is tailored to ensure seamless battery trade relations between China and the EU. It's pivotal to note China's overwhelming presence in the battery production landscape, holding a staggering 77% of the global market share.
China is currently focusing on lithium-ion, solid-state, metal-sulfur, and especially Li-sulfur batteries. - Germany has historically pursued an open technology strategy for battery technology with many different measures, but the »Battery Research Roof Concept« updated in January 2023 newly introduced a specific strategy on performance parameters.
The continent’s focus is on lithium-ion, solid-state and alternative battery types such as redox-flow, metal-air and sodium-ion batteries and the main goal is becoming a leading supplier of sustainable battery technologies in order to establish a competitive and sustainable battery value chain in the EU.
Our team brings unparalleled expertise in the energy storage industry, helping you stay at the forefront of innovation. We ensure your energy solutions align with the latest market developments and advanced technologies.
Gain access to up-to-date information about solar photovoltaic and energy storage markets. Our ongoing analysis allows you to make strategic decisions, fostering growth and long-term success in the renewable energy sector.
We specialize in creating tailored energy storage solutions that are precisely designed for your unique requirements, enhancing the efficiency and performance of solar energy storage and consumption.
Our extensive global network of partners and industry experts enables seamless integration and support for solar photovoltaic and energy storage systems worldwide, facilitating efficient operations across regions.
We are dedicated to providing premium energy storage solutions tailored to your needs.
From start to finish, we ensure that our products deliver unmatched performance and reliability for every customer.