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Today’s Highlights:
🔝Top Story: Today’s Top Story: Cylib Receives Two-digit Million-Euro Grant Commitment for FOAK Facility.
💲Investment: IonKraft raised €3.5 million for plastic packaging, while Triodos invested €11.25 million in GridBeyond Storage for battery deployment in the UK and Ireland.
🔬 Innovation: KIST researchers created a silver-silica catalyst for CO₂ conversion, while a study shows policy interventions could cut plastic waste and emissions by 90% by 2050.
🔄 Integration: Uniper chose Electric Hydrogen for a 200 MW green hydrogen plant, while RedEarth partnered with ambibox to produce V2G EV chargers in Queensland for 2025.
💡 Intelligence: The National Blueprint for Transforming American Manufacturing into a Clean Energy Leader.
Today’s Top Story: Cylib Receives Two-digit Million-Euro Grant Commitment for FOAK Facility
Image Credit: cylib
Grant Funding and Strategic Importance
cylib GmbH secured a multi-million Euro grant from North Rhine-Westphalia’s Ministry of Economic Affairs to build a FOAK battery recycling plant in Dormagen. The plant will use proprietary OLiC technology to recover critical materials such as lithium, graphite, and cobalt, contributing to the EU Critical Raw Materials Act. With plans to recycle 10,000 tons of black mass annually by 2027, this initiative represents a significant step toward advancing circular economy practices in Europe.
Scaling Innovation in Battery Recycling
The funding follows cylib’s record-breaking €55 million financing round in May 2024, which included backing from Porsche Ventures and Bosch Ventures. This positions cylib as a leader in European battery recycling, with proprietary technology developed at RWTH Aachen University. The company aims to enhance its recycling process with additional refining and upstream steps, ensuring the efficient recovery of valuable materials while minimizing environmental impact.
Broader Impact and Industry Implications
The FOAK project is part of North Rhine-Westphalia’s “Produktives.NRW” program, which allocated €100 million to innovative climate-neutral technologies. cylib’s CEO, Dr. Lilian Schwich, emphasized the importance of the funding for scaling recycling technology and addressing the raw material challenges facing Europe’s manufacturing sector. With its state-of-the-art approach, cylib is poised to contribute significantly to the region’s energy transition and sustainability goals. Read More
Investment Highlights of the Day
- IonKraft, a circular economy-focused plastic packaging startup based in Aachen, Germany, has raised €3.5 million in a first equity financing round co-led by M Ventures and TechVision Fund to scale production and prepare for market entry. Read More
- Triodos Energy Transition Europe Fund has committed €11.25 million to GridBeyond’s joint venture, GridBeyond Storage, as part of a €12.5 million funding round to accelerate the deployment of Behind-the-Meter battery energy storage systems in the UK and Ireland. Read More
Innovation Highlights of the Day
- Researchers at the Korea Institute of Science and Technology (KIST), led by Dr. Hyung-Suk Oh and Dr. Woong Hee Lee, have developed a silver-silica composite catalyst that enables reversible local pH control for electrochemical CO₂ conversion, drawing inspiration from Earth’s natural carbon cycle. Read More
- A machine learning study predicts global plastic waste could double by 2050, but policy interventions could cut waste by 90% and emissions by a third, offering a key blueprint for tackling the plastic crisis during UN treaty negotiations. Read More
Integration Highlights of the Day
- Uniper has chosen Electric Hydrogen as its exclusive partner to design a 200 MW electrolyzer plant for green hydrogen production as part of the Green Wilhelmshaven project, which aims to make Wilhelmshaven a central hub for green hydrogen in Germany. Read More
- RedEarth Energy Storage has partnered with ambibox to produce bi-directional V2G EV chargers in Queensland, set to deliver Australian-made DC chargers for EV owners in 2025, enabling vehicle-to-home and vehicle-to-grid technologies as part of RedEarth’s private power plant ecosystem. Read More
Climate Insider Intelligence: The National Blueprint for Transforming American Manufacturing into a Clean Energy Leader
The U.S. Department of Energy and the White House’s new National Blueprint for a Clean & Competitive Industrial Sector marks a pivotal shift in American manufacturing policy. This comprehensive strategy outlines five key pillars designed to reduce emissions, foster economic growth, and position the U.S. as a global leader in sustainable innovation. As the manufacturing sector, responsible for 20% of U.S. GHG emissions, embraces low-carbon technologies, it could unlock vast opportunities for job creation, energy efficiency, and international competitiveness. Dive into the challenges and opportunities of this ambitious framework and its implications for the U.S. economy and global clean tech markets. Read More
