Tesla Co-Founder’s Firm to Recycle Old Batteries for Rare Earths to Beat China Curbs Shared mobility company Lime has turned to Redwood Materials, a company founded by Tesla co-founder JB Straubel. Redwood Materials aims to tackle a pressing environmental issue while also securing a supply of rare earth materials crucial for electric vehicles. With China […]
Artificial sun helps scientists create new material to double green hydrogen production
Artificial Sun Revolutionizes Green Hydrogen Production In 2023, fossil fuels, including petroleum, natural gas, and coal, accounted for approximately 84% of global energy consumption, leading to detrimental environmental impacts such as greenhouse gas emissions and climate change. As the world recognizes the urgent need to transition towards sustainable energy sources, scientists are continuously exploring innovative […]
South Korea launches $34 billion fund for strategic industries
South Korea Launches $34 Billion Fund for Strategic Industries In an ambitious leap to bolster key industries amid global competition, South Korea has recently unveiled a $34 billion fund aimed at supporting strategic sectors and driving innovation across the nation. This significant investment signals a strong commitment to enhancing the country’s competitiveness on the global […]
Newfoundland and Labrador: A Hub for Innovation and Sustainable Growth
Situated off the eastern coast of North America, the Canadian province of Newfoundland and Labrador is emerging as a promising center for research and development, particularly in critical minerals, sustainable energy, and technology. The Department of Industry, Energy and Technology (IET) is at the forefront of this transformation, promoting innovation, economic diversification, and business growth. […]