Story
Australia
Transportation tech
Turning half of Australia’s vehicle fleet into EVs? Challenge accepted.
Clayton Franklin with the team at Electric Power Conversions Australia and their electrified Cat 777 100-tonne haul truck.

Clayton Franklin with the team at Electric Power Conversions Australia and their electrified Cat 777 100-tonne haul truck.

Supercharge Australia welcomes 12 startups who have accepted our second annual Innovation Challenge—Retrofit Nation!

Beginning in August, we sought startups with solutions to convert half of Australia’s vehicle fleet into electric vehicles (EVs), or 10 million vehicles. To achieve this, they will need to find ways to deploy up to 1.3TWh of batteries that would be required to reach this goal.

Applicants this year will benefit from technical support, networking, mentoring, wide exposure, and introductions to investors and customers in an industry roundtable to accelerate their success.

Delivered over two months with most sessions online, startups will receive advice from international and domestic experts in finance, IP, and business growth, and pitching the opportunity to investors. This will culminate in the second Supercharge Australia Innovation Challenge Awards event, in Sydney on November 7. Participants in the inaugural Supercharge Australia Innovation Challenge in 2023 raised over AU$48 million in funding after the first Challenge.

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Participating startups join a virtual call with the team behind Supercharge Australia Innovation Challenger 2: Retrofit Nation.

“This is the first innovation challenge of its type in Australia to focus on mass EV retrofitting vehicles. With the incredible increase in battery demand this would generate, we aim to change the conversation on the viability of battery and cell manufacturing in Australia, taking advantage of our huge competitive advantage in the lithium battery supply chain,” said Kirk McDonald, Project Manager for Supercharge Australia.

“Not only would retrofitting half the Australian vehicle fleet to electric vehicles rapidly reduce emissions from transport, it would also support a big capacity uplift in our startup innovation ecosystem and clean energy advanced manufacturing,” said Megan Fisher, CEO of EnergyLab.

The Challenge aims to rapidly decarbonise Australia’s transport sector, which in 2022 contributed to 19% of Australia’s emissions; with trucks, buses, and light commercial vehicles accounting for about 40% of the total transport figure. The potential CO2 savings are critically important, and vehicle acquisition cost savings of up to 50% per vehicle in comparison to new purchases have been identified in overseas markets.

Get to know each participating startup’s business model and hear from their founders below (click dropdowns for full descriptions):

australia evs

Australian EVS

Newcastle, NSW

Their business: Light commercial EV retrofits for councils and fleets.

Why they’re joining the challenge: “To meet like-minded businesses who are focused on transitioning Australia to zero emission transport.” — Edwin Higginson, Founder

cuedo controls

Cuedo Controls

Melbourne, VIC

Their business: Efficient EV software control systems for the entire retrofit market.

Why they’re joining the challenge: “To see the best EV retrofit practitioners Australia has to offer.” — Kyle Van Berendonck, Founder

eclass outboards

Eclass Outboards

Kiama, NSW

Their business: Electric outboard and marine hybrid retrofits for pleasure craft and fishing fleets.

Why they’re joining the challenge: “Connecting with battery suppliers, connecting with the retrofit community. Becoming investment ready.” — Lynelle Johnson, Founder

electric power conversions australia

Electric Power Conversions Australia

Hazelmere, WA

Their business: EV retrofitting mining haul trucks from 100 tonnes and up

Why they’re joining the challenge: “Because it aligns perfectly with our mission to drive sustainable transformation in the mining industry… We’re looking forward to connecting with like-minded innovators, demonstrating the viability of our technology, and pushing the boundaries of what’s possible to create a greener, more efficient mining future for Australia and beyond.” — Clayton Franklin, Founder

electromotiv landscape

Electromotiv

Canberra, ACT

Their business: EV retrofitting buses for public transport and private fleets.

Why they’re joining the challenge: “This could be the beginning of an incredible decarbonisation journey!” — Adrian Salinas, Founder

evans electric

Evans Electric

Sydney, NSW

Their business: EV powertrain hardware and software developer specialising in axial flux motor development including e-axles

Why they’re joining the challenge: “Excited by the opportunity to scale next-generation EV powertrains in Australia.” — Paul Evans, Founder

iondna

IonDNA

ACT and NSW

Their business: Power electric ATVs, utility vehicles, and farm tools from electricity generated via on-site solar power infrastructure.

Why they’re joining the challenge: “Retrofit Nation aims to build the Australian lithium battery value chain. To succeed, demand for lithium batteries must massively increase, supported by a domestic market that consumes battery electric technology at scale. Rural Australia represents a significant market for this technology (and a significant challenge).” — Michael Day, Founder

jaunt

Jaunt

Melbourne, VIC

Their business: EV conversion systems for classic cars and specialist commercial vehicles.

Why they’re joining the challenge: “Australia has the design and engineering talent, the resources, and the culture to lead the world in electric vehicle conversions. Let’s make that happen.” — Dave Budge, Founder

net zero engineering solutions

Net Zero Engineering Solutions

Adelaide, SA

Their business: Bi-directional EV charging solution.

Why they’re joining the challenge: “The chance to help supercharge V2X in Australia and the broader transition to EVs.” — Portia Rooney, Founder

oz electric vehicles

OZ Electric Vehicles

Logan City, QLD

Their business: Battery upscaling and “flat pack” EV retrofit kits.

Why they’re joining the challenge: “We can see what’s needed (to decarbonise Australia’s vehicle fleet) and want to make it happen.” — Graeme Manietta, Founder

project midas

Project Midas

Sydney, NSW

Their business: Next-generation graphene anode technology, improving lithium-ion battery performance and safety.

Why they’re joining the challenge: “Excited about the opportunity to contribute further to the fast-growing and exceptional Australian ecosystem of startups around lithium battery technology!” — Laura Whelan, Founder

revr

REVR

Melbourne, VIC

Their business: Minimised installation requirement mass EV retrofit kits

Why they’re joining the challenge: “It will be exciting to pitch REVR to a new audience and to interact with other entrepreneurs and innovators!”Craig and Alexander Burton

Supercharge Australia is accelerating the lithium battery value chain in Australia, and is a joint project of not-for-profit cleantech startup support organisations New Energy Nexus globally and EnergyLab in Australia and New Zealand.


About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive.

NEX has accelerated over 1,200 startups, supported nearly 9,000 entrepreneurs, and mobilized over US$3.7 billion in investment. Celebrating 20 years since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam. More at www.newenergynexus.com

About EnergyLab

EnergyLab is Australia’s largest climate tech startup accelerator and innovation network dedicated to reaching net zero emissions. EnergyLab connects talented founders to the mentors, advisors, partners, peers and investors they need to succeed and has so far supported over 195 startups and 140 aspiring founders through its various programs.

In addition to running 10 programs, EnergyLab operates a climate focused angel investor network with over 200 angel investors, a mentor network with over 400 experts, coworking and events space at UTS in Sydney all of these services are leveraged to support the clean energy and decarbonisation startup ecosystem in Australia.

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Built Environment
Working towards deep collaboration to accelerate the clean energy transition
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New Energy Nexus CEO Henri van Eeghen

All living and thriving systems, including nature, are regenerative, circular, and interconnected. They go through phases of growth and renewal, ensuring nothing goes to waste.

Unfortunately, our current economy stands in stark contrast. Instead of regenerating, it depletes Earth’s resources, contributing to climate change, inequality, and instability. To create a sustainable future, we must not merely adjust our economic model but transform it entirely. By prioritizing our planet and nurturing society, we can reimagine an economy that regenerates. To achieve this, we must dare to rethink our entrenched financial systems, explore innovative solutions, and reward actions that benefit both society and the environment.

While this transformation is challenging, it is within our reach. Our current model was crafted by people, and we have the power to reshape it for a more sustainable and equitable world.

At New Energy Nexus, we champion initiatives that pioneer, catalyze, and foster communities and partnerships. We celebrate those who dare to go against the grain, challenge the status quo, and focus on regenerating both society and our planet. We do this with a laser focus on entrepreneurs building a 100% clean energy economy — for everyone, equitably. Access to energy is recognized as a fundamental human right and constitutes the seventh of the UN’s Sustainable Development Goals.

To achieve this, we need to engage entrepreneurs around the globe through accelerators, funds, skills, and the networks they need to thrive. We cannot do this alone; deep collaboration is essential.

What does deep collaboration look like?

About twelve years ago, while at Cordaid, I had a meaningful experience around collaboration. It was with an organization that had developed technologies, primarily using SMS, to share and send information. This was during a time when mobile usage was exploding in Africa, making distributed information suddenly accessible to many. Initially, the organization (AKVO and Text to Change, TTC) approached the Dutch Ministry to consider using this technology in the fight against HIV/AIDS. However, the Ministry responded: “We will not finance any renewal or innovation. It must be proven technology.”

Cordaid, a major partner of the Ministry, was active in the area of HIV/AIDS and was approached by TTC to collaborate. Initially, we were hesitant, but after several workshops, we realized the potential of this innovative idea as a breakthrough.

It required us to completely rethink our way of working. This was also the case for TTC, which had little experience working within such contexts. In order to collaborate fully, both organizations had to give up something to create space for a new way of working, which resulted in an impact far greater than anything achieved previously.

To succeed, we had to move beyond our own offices and include local clinics and other stakeholders. Creating the space for renewal and involving all stakeholders changed the approach to HIV/AIDS entirely. Much like the energy transition realizes distributed energy sourcing, this project allowed for drastically improved information sharing and decision-making.

This example has implications for our work as well. If we want to be more impactful, we must reach out to other stakeholders and find new collaborative models. It seems logical, but giving up something is difficult, especially for those in “northern” countries. In our cultures, we often rely on transactional models and are not taught to embrace collaborative ones.

ug masindi 1

New Energy Nexus works with Community-based Organizations (CBOs) in Uganda to provide clean energy access to off-grid communities.

Here, we can take inspiration from living systems. The closest concept to collaboration is symbiosis — a mutualistic relationship where everyone benefits. We might even imagine reaching a point of ‘transcendence,’ where the collaboration creates something greater than the sum of its parts. True collaboration in this context occurs when two or more organizations adopt an open mind and heart, seeking congruence in the common good of human development, contributing to a better world with energy for all.

This also requires dispelling some myths surrounding the adoption of sustainable technologies. Through our work, we have seen that sustainable technologies can be adopted within underserved communities and made affordable.

To achieve this, we must design creative financing solutions, among other prerequisites, by carefully carrying out needs assessments. This requires time and resources to do well. But it can be done, and we have compelling evidence from several contexts in which we operate.

May this serve as an invitation to those in the sector, including those active in venture philanthropy, blended finance, technical assistance (including training), and especially social enterprises in the many countries where we work. Our mission requires an ecosystem that collaborates with a shared goal and common purpose: to make the world a better place, with clean energy as a transformative, decentralized power.


Henri van Eeghen is CEO of New Energy Nexus.

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California
Energy Finance
ConNEX Workshop: Securing Working Capital & Advanced Financial Planning
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Speakers at the ConNEX Workshop: Securing Working Capital & Advanced Financial Planning

On July 25, 2024, we hosted a virtual workshop on Advanced Financial Planning, attended by entrepreneurs from all over California and as far as Ethiopia. The event provided insights into the unique financial landscape for clean energy startups and featured the following speakers:

 

Key Takeaways
Chante Harris: Navigating Risks and Finding Value

Harris delved into the shifting landscape of clean energy funding. She highlighted the necessity for startups to communicate their intrinsic value beyond their technology and look for additional revenue and collateral options. Harris discussed blending public and private capital to transition projects from the research phase to viable businesses.

Harris also highlighted the importance of doing product market fit work before the product is ready. She encouraged entrepreneurs to ask:

“Who’s started to think about earmarking money for the specific problem you’re solving, and if they haven’t done that yet, how do you get them to?”

Scott Pitts: Creative Funding and Cash Flow Management

Scott Pitts shared insights on creative funding solutions, emphasizing the importance of finding financing partners who are open to innovative approaches. He provided the example of how his financing partner bought equipment and resold it to the startup, using collateral to secure more funding. Pitts discussed the need for high-fidelity cash flow forecasts and building strong relationships within the industry – before needing to ask for money.

“If you only manage your business based on the money you have in the bank, you have a capacity issue,” explained Pitts. He encouraged leveraging incubators and local venture/angel groups to find supporters passionate about clean energy.

“Find lovers with money.”

He urged entrepreneurs to find people who are excited about their technology and have the resources to invest.

Erin Davis: Simplifying Equity Raises and Financial Maturity

Davis encouraged founders to use SAFE notes (Simply Agreement for Future Equity) using the Y-combinator template. She stressed the importance of securing non-dilutive capital quickly and bridging funding gaps with loans. Davis highlighted the significance of maintaining well-organized financial records and building a robust pro forma. She encouraged companies seeking early-stage financing to visit Enduring Planet’s website and apply.

Strategic Advice for Startups

The session concluded with strategic advice for startups. Pitts emphasized the importance of having a backup plan and advised being prepared for potential capital crunches. Harris encouraged treating regulatory requirements as drivers of innovation and leveraging networks to increase funding access.


Resources & Tools

Funders & Accelerators

Grant Writing

Recruiting

Financial Management

Special thanks to our partner, Momentum, and funder, The California Energy Commission.

How did we do? Please take a short survey to help us improve this workshop series.

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News
Pakistan
Renewable energy tech
New Energy Nexus and Renewables First announce partnership to boost Pakistan’s climate tech ecosystem

July 31, 2024 – New Energy Nexus is expanding its impact into Pakistan through a partnership with Renewables First, the country’s leading think tank for energy and the environment.

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From left: Zeeshan Ashfaq, CEO of Renewables First, and Stanley Ng, Global Partnerships Director at New Energy Nexus

The partnership, announced at the Pakistan Cleantech Forum in Islamabad, will set the stage for economic growth, job creation, and increased international investment in Pakistan’s burgeoning climate tech sector.

Recognizing Pakistan’s climate vulnerability and substantial climate financing gap, the partnership aims to catalyze change in the climate tech space by combining New Energy Nexus’s global expertise in accelerating clean energy businesses and startups with Renewables First’s deep understanding of local challenges. This collaboration comes at a pivotal moment, as Pakistan strives to meet its ambitious Paris Agreement commitment of reducing emissions by 50% by 2030.

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Stanley Ng, Global Partnerships Director at New Energy Nexus

“Our partnership with New Energy Nexus marks a significant milestone in Renewables First’s mission of accelerating Pakistan’s energy transition,” said Zeeshan Ashfaq, CEO of Renewables First.

“Pakistan presents an ideal market for cleantech growth, where potential is aplenty, and our youth deserves opportunities to flourish and mainstream their ideas. We remain committed to investing in the future of Pakistan’s cleantech ecosystem.”

Stanley Ng, Global Partnerships Director at New Energy Nexus, said: “Pakistan is the world’s fifth most populous nation, with its largest industries in high carbon-emitting sectors like textiles, agriculture, automotive, cement, steel, and chemicals. Here lies an immense opportunity to ignite the development of groundbreaking climate tech innovations.

“New Energy Nexus, with its vast experience in ecosystem building, and Renewables First, with its deep energy market insights and network, are coming together to unlock this potential. Together, we will identify critical areas where climate entrepreneurs can craft impactful solutions, deploy them, and scale their efforts to enable a low-carbon economy.”

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Ahtasam Ahmad, Energy Finance Associate at Renewables First

New Energy Nexus and Renewables First will launch programs in the next 12 months focusing on developing a strong pipeline of clean energy startups and enhancing their success through tailored training programs, as well as collaboration with other ecosystem stakeholders and policy advocacy to support an enabling environment for climate tech innovation.

About Renewables First

Renewables First (RF) is a think-and-do tank for energy and the environment. RF’s work addresses critical energy and natural resource issues with the aim of making energy and climate transitions just and inclusive through impactful research, advocacy, and strategic partnerships. More at: www.renewablesfirst.org

Media contacts:

Tristan Tremschnig
Global Communications Director, New Energy Nexus
tristan.tremschnig@newenergynexus.com
(based in San Francisco)

Komal Tariq
Manager Learning & Communications, Renewables First
komal.tariq@renewablesfirst.org
(based in Islamabad)

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,500+ startups, empowered over 10,400+ entrepreneurs, and mobilized over US$4.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

Energy Finance
Meet the startups in our latest Climate Fintech Accelerator
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Startups joining the 2024 Climate Fintech Accelerator, a New Energy Nexus China program.

New Energy Nexus China and Yangtze River Delta Hi-Tech Park (Zhaoxiang) offered this year’s Climate Fintech Accelerator—an opportunity for startups to get invaluable mentorship, network, and training that will give them strategic advantages in this competitive space.

These startups from China, Thailand, and Singapore have stepped up to the plate, intent on jumpstarting their growth and driving sustainability at a global scale.

Arkreen

Arkreen is a Web3-powered data network for globally distributed renewable energy resources. They are building a digital infrastructure by utilizing the blockchain and incentivizing climate actors through regenerative financing.

akreen

Akreen

CarbonEase

CarbonEase intends to lead the way in end-to-end and inclusive carbon management solutions—focusing on guiding enterprises, particularly in manufacturing, towards carbon neutrality. CarbonEase provides a one-stop low-carbon service package consisting of three modules and eight components. Through the CarbonEasy software as a service (SaaS) platform and a smart manufacturing carbon reduction ecosystem, CarbonEase enables customers to optimize efficiency and energy consumption, effectively reducing costs and carbon emissions.

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CarbonEase

CarbonPass

CarbonPass is a digital technology company that empowers international brands to achieve low-carbon international expansion and meet green compliance standards. Utilizing the Internet of Things (IoT), big data, AI, and blockchain, it offers comprehensive carbon neutrality and digital transformation solutions for global brands. With a focus on the sustainable compliance requirements of the ClimeCo Product Certification Program, part of the Amazon Climate Pledge Friendly (CPF) program, CarbonPass has built a digital service system that consists of 52 carbon compliance auditing and certification solutions.

Cero Global Limited

CERO is a personal carbon wallet that tracks carbon footprints with every transaction, converts green efforts into carbon credits seamlessly with the cross-border payment feature embedded, and monitors environmental impact.

DIGICARBON

DIGICARBON is a carbon finance and technology company that specializes in carbon pricing and finance. It provides a range of products integrating hundreds of database indicators and numerous standardized Application Programming Interfaces (API). These tools enable carbon price analysis, asset forecasting, trading, pricing, and more. With an interpretable machine learning analysis framework, DIGICARBON caters to various application scenarios including carbon quotas, sinks, green certificates, and beyond.

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DIGICARBON

SusallWave

SusallWave is a fintech firm focused on quantitatively evaluating sustainable development value — which measures if activities contribute to socioeconomic development without exhausting natural resources and incapacitating future generations. Using a green finance data platform based on attributes from various enterprises, it applies assessment models and algorithms in standard construction, quantitative assessment, data application, and technological empowerment. SusallWave offers products and services combining comprehensive data with product innovation; supporting green credit, bonds, supply chain finance, environmental, social, and governance (ESG) funds, and beyond.

SusallWave

SusallWave

Skyco2 

Skyco2 helps businesses calculate carbon emissions and manage carbon assets. It provides products such as carbon measurement edge all-in-one machines, digital carbon management and accounting systems, enterprise carbon assets management systems, and greenhouse gas emission accounting standard databases. Serving industries such as industrial, construction, and transportation, Skyco2 also provides MRV services and SaaS solutions. Since 2008, they’ve served clients across 15+ provinces, 100+ cities, and 20,000+ industrial sites.

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Skyco2

Tao Tan Lang

Tao Tan Lang, a wholly-owned subsidiary of Treasure Carbon, provides comprehensive digital solutions including these key products: a SaaS carbon management platform, a warrant management system, and a carbon credit rating system. These tools empower enterprises to achieve their environmental objectives and transition towards more sustainable practices.

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Tao Tan Lang

WeavAir

WeavAir offers a digital platform for direct measurement, reporting, and verification of greenhouse gas emissions for more effective ESG investment and energy transition implementation, financing, and insurance. It partners with financial institutions, providing high-quality data for SFDR Article 9 compliance and transparent risk models fueled by satellite data, enhancing analysis resolution by over 70%. Utilizing big data and AI, WeavAir enables real-time ESG risk monitoring of target companies and claims to reduce decision-making time and costs by at least 10-fold. WeavAir analytics helps broaden the investment universe, allows for the design and testing of portfolios, and supports shorter time to market for new funds.

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WeavAir


The 2024 Climate Fintech Accelerator is a rolling program and we’re looking forward to receiving applications from all over the world. Apply now and check out more information on our website.

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Transportation tech
New Energy Nexus to support LG Energy Solution’s Battery Challenge program for next-generation battery tech startups

June 4, 2024 – New Energy Nexus is supporting LG Energy Solution’s launch of its fourth Battery Challenge, a global startup competition to discover and support innovative early-stage startups to develop next-generation battery technologies.

The Battery Challenge is LG Energy Solution’s mainstay open innovation initiative. While helping the growth of the distinguished companies, LG Energy Solution also aims to pioneer next-generation technologies through partnerships.

As the manager and facilitator of this program, New Energy Nexus is supporting overall operation.

This year’s Battery Challenge is recruiting early-stage battery startups in: battery materials, battery management system, battery manufacturing and quality control, battery maintenance, battery recycling and reuse technology, smart factory solutions, and newly added metal sourcing, as well as ‘New to LG’. The new category called ‘New to LG’ has been established to encourage participants to explore various novel energy-related ideas, not necessarily linked to batteries.

The winners will be selected through comprehensive business plan evaluations, in-depth interviews, and technology verification, and will receive up to US$30,000, an increase of US$10,000 from the previous program. Awardees will also be reviewed by LG Energy Solution for potential investment.

New Energy Nexus is uniquely positioned in sectors and regions critical in the global battery supply chain. Our “Just Batteries” initiative aims to build an interconnected ecosystem to support a more inclusive and resilient battery sector. In the past ten years, we have operated seven programs across five countries or regions globally. We aim to build more equity into the battery supply chain – wealth, social benefits, jobs, among others – for all regions of the world that will benefit from this growing industry.

“At New Energy Nexus, we are dedicated to not only growing the EV industry but also accelerating the development of integrating cutting-edge battery solutions into the broader energy ecosystem. By collaborating with LG Energy Solution, we aim to drive global advancements in battery technology, support the adoption of EVs, and ensure a sustainable and resilient clean energy future.” said Andrew Chang of New Energy Nexus, who manages the global partnership with LG Energy Solution.

The Battery Challenge 2024 application window is from June 4 to June 30. For more information and to apply, please visit www.lgesbatterychallenge2024.com

Media contacts:

Tristan Tremschnig
Global Communications Director, New Energy Nexus
tristan.tremschnig@newenergynexus.com
(based in San Francisco)

Jasper Shen
Marketing Director, New Energy Nexus China
jasper.shen@newenergynexus.com
(based in Shanghai)

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,500+ startups, empowered over 10,400+ entrepreneurs, and mobilized over US$4.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

Story
Thailand
Renewable energy tech
The climate tech startups decarbonizing Thailand’s economy

The Decarbonize Thailand Symposium we co-hosted with True Digital Park is one of the year’s most significant clean energy meetings in Thailand. It’s also a unique opportunity to showcase local global climate tech startups, and build partnerships with some of the country’s biggest corporations.

Now in its second year, we teamed up with Denso and Mitsubishi Thailand to focus on four arenas: e-mobility, decarbonization, agritech, and energy.

New Energy Nexus showcased over 20 startups at the symposium, with an additional 37 expressing interest from both Thailand and abroad, spanning countries like India, Japan, the Philippines, and Singapore. Here are a few of them…

Algal Bio (Japan)

Algal Bio is revolutionizing industries with their ‘Algae Biofoundry Platform’. Their tech licensing service unlocks the power of algae, identifying top strains and cultivation methods for everything from wellness to carbon neutralization.

Masahiro Kida, Team Leader for International Business Development, Algal Bio

Masahiro Kida, Team Leader for International Business Development, Algal Bio

Gideon One (Thailand)

Gideon’s platform offers complete carbon accounting and energy trading capabilities, making it easy for SMEs and non-technical users to track and trade carbon emissions. Specializing in scalable, emission tracking, and simulation digital platforms, they’re leading the way towards a greener future.

Chosen Energy (Thailand)

Chosen Digital is leading the charge in future energy innovation. Partnering with PEA, they’re pioneering the next-gen energy landscape with cutting-edge EV charging and beyond. From energy trading to virtual power plants, they’re transforming the game with plans for regional expansion.

Worapoj Ruenrerngwong, Founder & CEO, Chosen Group

Worapoj Ruenrerngwong, Founder & CEO, Chosen Group

Meds Venture (Singapore)

Multi Energy Decarbonized Solutions (MEDS) is unlocking sustainable energy solutions. As leaders in scalable energy modeling, they harness cutting-edge platforms, empowering businesses with actionable strategies to offset and slash carbon emissions, driving sustainable operations forward.

Alternō (Vietnam)

Alternō Air is revolutionizing green energy with sand batteries! Their Thermal Energy Storage (TES) system is changing the game, offering efficient and eco-friendly energy storage for zero-emission heating in agriculture and industry.

“For the last 20 years, we have supported 1,200 companies working in this energy and climate space across 13 different countries. Our mission is to build hundreds of companies in each country, helping our industry leaders to decarbonize their businesses.”

–Stanley Ng, Global Partnerships Director at New Energy Nexus.

Stanley Ng, Global Partnerships Director at New Energy Nexus

Stanley Ng, Global Partnerships Director at New Energy Nexus

 

New Energy Nexus Thailand has supported clean energy innovators since 2017, and fostered a thriving ecosystem for startup teams dedicated to tackling rising energy demands and climate change. Our programs empower entrepreneurs to drive innovation in the clean energy sector, with corporate partnership a critical strategy to decarbonising the broader economy.

Learn more about NEX Thailand and check out our climate tech ecosystem mapping report.

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Australia
Transportation tech
Supercharge Australia Innovation Challenge calls on startups to retrofit nation’s EVs 

Sydney, 16 May 2024 – The second annual Supercharge Australia Innovation Challenge, “Retrofit Nation”, is launching today in Sydney during Climate Action Week. The Challenge is calling on startups to rapidly convert half the Australian vehicle fleet to electric vehicles (EVs), which is over 10 million vehicles.

One of the immediately viable opportunities lies in retrofitting existing heavy vehicles with lithium batteries to support the move to an electric vehicle fleet. In 2022 the  transport sector contributed to 19% of Australia’s emissions. Trucks, buses and light commercial vehicles account for about 40% of the total transport figure and the industry comprises a relatively small group of decision makers that can accelerate change.

A recent report from Beyond Zero Emissions shows that battery technologies are emerging as one of the most promising sectors for Australia’s economic growth and decarbonisation efforts, potentially creating up to 20,000 jobs and AU$114 billion revenue by 2035.

The Challenge is open to startups, entrepreneurs, scientists and researchers are to develop and present solutions to questions such as:

  • What are the next-generation drivetrain solutions and battery technologies we can apply and how do we produce them at scale?
  • How do we invent and apply advanced manufacturing techniques?
  • What are the software solutions to integrate drivetrain upgrades with existing vehicle technology, to add advanced driver-assist technologies and to maximise their energy storage benefits (Vehicle-to-Grid)?
  • How do we most efficiently train and upskill the workforce required to complete the retrofits and adhere to safety compliance?

Startups receive prizes, support, networking and mentoring to accelerate their success.

“Transport is an obvious target for reform, particularly in Australia with our reliance on road freight and use of mining vehicles. We need to encourage the supply of more EV’s sooner into the Australian and global markets. Putting electric motors and batteries into existing vehicles at scale and massively increasing Australian battery demand is a sure-fire and fast-track way of getting it done,” said Danny Kennedy, CEO New Energy Nexus.

“The mass EV retrofit opportunity can help to upskill the Australian workforce including electricians, mechanics, software developers with critical skills in advanced manufacturing, batteries and EV’s – essential for our economy in the future. The Supercharge Australia Innovation Challenge will unleash innovation from the startup community  and capture ideas that show how we can make this mass EV retrofit opportunity a reality,” said Megan Fisher, CEO EnergyLab.

“Australia produces half of the world’s lithium yet retains less than 1% of the value it produces. We can’t just keep sending our lithium offshore where others capture its value. It’s time we change this, together,” said Kirk McDonald, Project Manager Supercharge Australia.

“We’d need AU$181 billion worth of batteries to retrofit half the Australian vehicle fleet, or 20x our current near term forecast demand to 2030. This quantity would de-risk and incentivise lithium battery and cell production in Australia, in the best case using our world-class renewable energy resources.

“So, in support of the Prime Minister’s ‘Future Made in Australia’ initiative, there’s even broader advanced battery manufacturing ecosystem advantages as reasons to proceed and we look forward to seeing the innovative solutions that we know Australian startups are so good at.”

Participants in the inaugural Supercharge Australia Innovation Challenge raised over AU$40 million in funding subsequent to the first challenge. The second Supercharge Australia Innovation Challenge will uncover more opportunities for rapid support and growth for Australian solutions.

The second annual Supercharge Australia Innovation Challenge, “Retrofit Nation”, will launch on Thursday 16 May at 3pm (AEST) at EnergyLab Sydney: 4-12 Buckland St, Chippendale NSW 2008, Australia. Journalists are welcome to attend.

Media contacts:

Kirk McDonald
Project Manager Supercharge Australia
kirk.mcdonald@newenergynexus.com
+61 412 336 848

Tristan Tremschnig
Global Communications Director tristan.tremschnig@newenergynexus.com (based in San Francisco)

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,500+ startups, empowered over 10,400+ entrepreneurs, and mobilized over US$4.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

News
California
Transportation tech
Una nueva investigación revela los pasos que debe tomar California para captar más empleos del auge de las baterías de litio

Oakland, 26 de marzo de 2024 – California está captando sólo el 2.4% de los empleos previstos en las operaciones planificadas en la cadena de suministro de baterías de litio de la nación, y la mayoría van a parar a estados que ocupan puestos bajos en términos de protección laboral, salud y seguridad de los trabajadores, y leyes salariales.

Las conclusiones publicadas hoy en un nuevo informe de New Energy Nexus, en colaboración con el Instituto para la Transformación Social de la Universidad de California en Santa Cruz, y socios del Centro Laboral de la Universidad de California en Berkeley, detallan cómo la propia iniciativa estatal del “Valle del Litio” en la región del mar Salton no aprovechará el creciente auge del litio, donde menos del 1% de los empleos están asociados con la extracción de litio. Se prevé que la inmensa mayoría de los más de 100.000 nuevos empleos serán en la fabricación de baterías y vehículos eléctricos (VE)..

El informe – “Generando prosperidad: Creando una cadena inclusiva de suministro de litio en la región del mar Salton de California” – analiza los datos de empleo en la cadena de suministro a través de una plataforma interactiva en línea, “Lithium Battery Supply Chains of North America,” (Cadenas de suministro de baterías de litio de Norteamérica), que por primera vez traza un mapa de los empleos en relación con los indicadores laborales, climáticos y de justicia económica. También recomienda cómo la región podría captar más empleos “de alto nivel” y beneficios comunitarios de la extracción de litio con un mayor enfoque político, inversiones públicas específicas y asociaciones sólidas entre la industria, los trabajadores, las comunidades y las tribus.

“Las decisiones que se tomen ahora determinarán si el auge de las baterías de litio será una carrera hacia la cima o una carrera hacia el fondo”, afirmó Rebecca Lee, coautora del informe y Directora General de New Energy Nexus California.

“California ha sido líder mundial en innovación de vehículos eléctricos y baterías, y para mantenerse a la vanguardia, necesita apoyar a las empresas que tomen la vía alta, y que se queden y fabriquen sus tecnologías en el estado. Esto podría ser un modelo global de prosperidad compartida, generando empleos que sustenten familias y beneficios para las comunidades locales, y al mismo tiempo descarbonizando la economía.”

La región del mar Salton en California es un rincón del estado en el que no se ha invertido lo suficiente, y donde una cuarta parte de la población total y la mitad de la población nativa americana de la región vive por debajo de los índices de pobreza. También alberga algunas de las mayores reservas de litio del mundo, lo que ha dado lugar al nombre de “Valle del Litio”.

La Ley Bipartidista de Infraestructuras y la Ley de Reducción de la Inflación crearon importantes incentivos financieros para la producción nacional de baterías de litio y vehículos eléctricos. Crear una cadena nacional de valor del litio – desde el procesamiento, la fabricación de baterías y el reciclaje- podría crear buenos empleos, nuevas oportunidades comerciales y beneficios significativos para las comunidades locales.

“Tenemos que asegurarnos de que los empleos en la extracción de litio en el condado de Imperial sean buenos empleos, pero un beneficio mayor para la región podría surgir de la ubicación conjunta de la fabricación de baterías y vehículos eléctricos”, afirmó Chris Benner, coautor del informe y profesor y director de la facultad del Instituto para la Transformación Social de la Universidad de California, Santa Cruz.

“Las empresas de baterías y vehículos eléctricos que se instalen aquí obtendrían beneficios en términos de reputación y de mercadotecnia por estar vinculadas a una de las fuentes de litio más limpias del planeta, así como un acceso cercano a un gran mercado de consumidores concienciados con el medio ambiente – la base de consumidores de vehículos eléctricos más grande del país.”

Conclusiones clave:

  • California es actualmente el núcleo de la industria nacional del vehículo eléctrico, con aproximadamente el 19% de los empleos existentes en toda la cadena de suministro de litio y vehículos eléctricos, es con diferencia el mayor porcentaje de todos los estados.
  • California, Arizona y Nevada representan casi un tercio (31%) de los empleos en toda la cadena de valor de las baterías de litio y los vehículos eléctricos, pero solo el 10% de las nuevas inversiones previstas. (1).
  • Kentucky, Tennessee, Alabama y Georgia representan en la actualidad aproximadamente el 16% del empleo total existente a lo largo de la cadena de valor, pero representan casi el 34% de los empleos previstos en nuevas instalaciones. Estos estados ocupan los últimos puestos en cuanto a protección laboral, salud y seguridad y salarios de los trabajadores..
  • De los más de 150.000 empleos existentes en la cadena de valor del litio en EE.UU., el 43% corresponde a la fabricación de VE, el 26% a la fabricación de los componentes, baterías y paquetes de pilas, y solo el 6% de los empleos corresponde a la minería o a la extracción de minerales críticos.
  • En la región del mar Salton, el número de empleos directos derivados de la extracción directa de litio será relativamente modesto: unos pocos cientos de empleos al principio, que aumentarán a unos 2.000 empleos en curso cuando se proyecte su pleno desarrollo dentro de muchos años.
  • La gran mayoría de los empleos relacionados con el litio de la región del mar Salton se crearán a lo largo de la cadena de valor: unos 1.600 empleos en la fabricación de cátodos, 20.000 empleos en la fabricación de pilas y baterías, y más de 100.000 empleos en la fabricación de vehículos eléctricos (2).  Actualmente no existen acuerdos para traer estos empleos a la región del mar Salton, y mucho menos para garantizar que estos empleos sean de alta calidad o se destinen a residentes locales (3).

Noemí O. Gallardo, Comisionada de la Comisión de Energía de California: “La visión del Valle del Litio tiene el potencial de proporcionar una tremenda oportunidad económica que eleve simultáneamente a la industria, los trabajadores y los residentes. Basándose en los esfuerzos estatales existentes, las recomendaciones descritas en este informe pueden ayudar a hacer realidad esta posibilidad e impulsar la región del mar Salton.”

Brigette Browning, Secretaria General Ejecutiva del Consejo Laboral de los Condados de San Diego e Imperial: “Este informe muestra que California debe consolidar urgentemente su liderazgo en energías limpias y asegurarse de captar y conservar empleos que sustenten familias en el auge de las baterías de litio. Tanto en la fase de construcción de los proyectos como en las operaciones y el mantenimiento en curso, el sector debe apoyar buenos empleos sindicales y vías profesionales en los nuevos empleos de las industrias verdes, especialmente para los residentes locales.”

Sanjiv Malhotra, fundador y director ejecutivo de Sparkz: “Hemos visto un verdadero valor en adoptar el enfoque de “alto nivel” en el Valle del Litio, enfocándonos en la innovación, invirtiendo en nuestra fuerza laboral y generando buenos empleos. Estamos orgullosos de asociarnos con el sindicato United Auto Workers para asegurar al trabajador estadounidense un lugar en la nueva economía de la energía, y al mismo tiempo desarrollar la cadena de suministro de baterías a nivel nacional.”

California podría proporcionar un modelo global del desarrollo económico inclusivo y favorable al medio ambiente de las cadenas de suministro de litio y baterías. Las recomendaciones incluyen:

  • Apoyar el desarrollo de la fuerza laboral “de alto nivel”. Esto incluiría imponer condiciones para la financiación pública de las empresas, basándose en Acuerdos de Beneficios Comunitarios negociados, así como la capacitación de trabajadores de la construcción, obreros y profesionales y técnicos en el condado de Imperial.
  • Reforzar la “canalización de la innovación a la implementación”: proporcionar beneficios a las empresas de ” alto nivel” que desarrollen y fabriquen tecnologías en el Estado. Esto debería incluir un aumento en la financiación a organizaciones de apoyo para emprendedores de energías limpias que apoyan vías de alto nivel para la comercialización de empresas emergentes.
  • Invertir en infraestructuras locales. Esto incluye infraestructuras físicas y sociales como servicios de salud pública, transporte público, viviendas resistentes al cambio climático y restauración medioambiental relacionada con la gestión del mar Salton y la calidad del aire.
  • Abordar los obstáculos a la concesión de permisos. Por ejemplo, se podría acelerar la obtención de permisos para proyectos que hayan formalizado acuerdos y cuenten con el apoyo de las comunidades.
  • Transparencia de la cadena de suministro de baterías. Deben existir mecanismos que controlen, midan y respeten los estándares medioambientales, laborales y de la calidad del aire, tales como el Pasaporte Global de Baterías.

El informe y el mapa Lithium Battery Supply Chain (Cadena de Suministro de Baterías de Litio) cuentan con el apoyo de una subvención de la Fundación James Irvine, y representan la culminación de más de un año de investigación, que incluye aportaciones de una amplia gama de partes interesadas de los sectores laboral, comunitario, industrial, público y tribal.

 

Notas para los redactores:

Resumen del informe (en español)

(1) California ocupa el primer lugar, Arizona el 18 y Nevada el 20, según el Índice de Mejores Estados para Trabajar de Oxfam. Best States to Work Index.

(2) Este cálculo se basa en la cantidad anual de litio extraído de todas las plantas geotérmicas existentes y utilizado para fabricar baterías

(3) Al menos dos empresas promotoras han firmado acuerdos de proyectos laborales (PLA por sus siglas en inglés) con sindicatos del sector de la construcción para la fase de construcción de los proyectos.

 

Acerca de New Energy Nexus:

New Energy Nexus es una organización sin fines de lucro que lucha por una economía 100% de energía limpia para el 100% de la población en el menor tiempo posible. Con 20 años de experiencia, ofrecemos aceleradores, financiación y capacitación de primera clase para ayudar a diversos emprendedores a desarrollar una transición energética limpia, más justa y equitativa..

New Energy Nexus comenzó en California en 2004 y ahora opera programas en Nueva York, China, India, Sudeste Asiático, África Oriental y Occidental, y Australia. Desde 2016, hemos apoyado a 1.200 empresas emergentes, más de 8.000 emprendedores y movilizado más de 3.700 millones de dólares en inversiones. Más información en: www.newenergynexus.com/california

Acerca del Instituto para la Transformación Social de UC Santa Cruz

El Instituto, integrado en la División de Ciencias Sociales de UC Santa Cruz, el Instituto apoya la investigación innovadora que cambia al mundo. El instituto es un centro intelectual y social crítico, que conecta a académicos de toda la UC Santa Cruz y a socios de fuera de la universidad, creando soluciones basadas en la investigación de urgentes problemas sociales, medioambientales y políticos del mundo. La investigación del instituto tiene como objetivo comprender y transformar las causas sistémicas subyacentes de los problemas en estas áreas, y aporta la experiencia basada en la investigación y los recursos de UC Santa Cruz a colaboraciones con otras entidades comprometidas con la creación de sociedades locales y globales que se basan en la equidad, el acceso y las oportunidades para todas las personas, la regeneración del medio ambiente y la revitalización democrática. https://transform.ucsc.edu/

Acerca del Centro Laboral de UC Berkeley

El Centro de Investigación y Educación Laboral de UC Berkeley es un programa de servicio público y divulgación del Instituto de Investigación sobre Trabajo y Empleo. Fundado en 1964, el Centro Laboral lleva a cabo investigación y educación sobre temas relacionados con el trabajo y el empleo. Los currículos del Centro Laboral y las capacitaciones de liderazgo sirven para educar a una nueva generación diversa de líderes laborales. El Centro Laboral lleva a cabo investigaciones sobre temas como la calidad del empleo y el desarrollo de la fuerza laboral, y trabaja con sindicatos, gobiernos y empleadores para desarrollar programas y perspectivas políticas innovadoras. El Centro también ofrece una importante fuente de investigación e información sobre los sindicatos y la evolución de la fuerza laboral para estudiantes, académicos, legisladores y el público en general. https://laborcenter.berkeley.edu/

 

Contacto para los medios de comunicación:

Tristan Tremschnig, Director de Global Communications, New Energy Nexus, correo electrónico:  tristan.tremschnig@newenergynexus.com (con sede en San Francisco)

Media contacts:

Tristan Tremschnig
Director de Global Communications (con sede en San Francisco)
correo electrónico:  tristan.tremschnig@newenergynexus.com 

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,500+ startups, empowered over 10,400+ entrepreneurs, and mobilized over US$4.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

News
California
Transportation tech
New research reveals steps California must take to capture more jobs from lithium battery boom

Oakland, 26 March 2024 – California is capturing only 2.4% of projected jobs in planned operations in the nation’s lithium battery supply chain, with most going to states that are ranked low in terms of labor protection, worker health and safety, and wage laws.

The findings released today in a new report from New Energy Nexus, with partners at the Institute for Social Transformation at UC Santa Cruz and the UC Berkeley Labor Center, detail how even the state’s very own “Lithium Valley” initiative in the Salton Sea region is projected to miss out on the growing lithium boom, where less than 1% of jobs are associated with lithium extraction. The vast majority of the more than 100,000 expected new jobs are projected to be in battery and electric vehicle (EV) manufacturing.

The report – “Powering Prosperity: Building an Inclusive Lithium Supply Chain in California’s Salton Sea Region” – analyzes employment data in the supply chain through an interactive online platform, “Lithium Battery Supply Chains of North America,” which for the first time ever maps jobs in relation to labor, climate, and economic justice indicators. It also recommends how the region could capture more “high-road” jobs and community benefits from lithium extraction with greater policy focus, targeted public investment, and stronger industry, labor, community and tribal partnerships.

“The decisions taken now will determine whether the lithium battery boom will be a race to the top or a race to the bottom,” said Rebecca Lee, co-author of the report and Managing Director of New Energy Nexus California.

“California has been a world leader in EV and battery innovation, and to stay ahead of the curve, it needs to support companies that take the high-road, and that stay and manufacture their technologies in the state. This could be a global model for shared prosperity, generating family-supporting jobs and benefits for local communities, while also decarbonizing the economy.”

California’s Salton Sea region is an underinvested corner of the state where a quarter of the total population, and half of the region’s Native American population, live below the poverty line. It is also home to some of the largest lithium reserves in the world, which has given rise to the name “Lithium Valley.”

The Bipartisan Infrastructure Law and Inflation Reduction Act created major financial incentives for domestic lithium battery and EV production. Building out a domestic lithium value chain – from processing, battery manufacturing, and recycling – could potentially create good jobs, new business opportunities, and meaningful benefits for local communities.

“We need to ensure that the jobs in lithium extraction itself in Imperial County are good jobs, but a larger benefit to the region could come from co-locating battery and electric vehicle manufacturing,” said Chris Benner, co-author of the report and Professor and Faculty Director at the Institute for Social Transformation, UC Santa Cruz. 

“Battery and electric vehicle firms locating here would gain reputational and marketing benefits of being tied to one of the cleanest sources of lithium on the planet, as well as close access to a large environmentally conscious consumer market – the largest consumer base for electric vehicles in the country.”

Key findings:

  • California is currently the core of the nation’s electric vehicle industry, accounting for roughly 19% of existing jobs in the full lithium and electric vehicle supply chain, by far the highest share of any state.
  • California, Arizona and Nevada account for nearly a third (31%) of jobs in the full lithium battery and EV value chain, but only 10% of planned new investment. These states rank highly in the nation for policies that support good jobs and wages (1).
  • Kentucky, Tennessee, Alabama, and Georgia currently account for approximately 16% of total existing employment along the value chain, but represent nearly 34% of projected jobs in new sites. These states are low-to-bottom ranked in terms of labor protection, worker health and safety, and wages.
  • Of the more than 150,000 existing jobs in the lithium value chain in the USA, 43% are in EV manufacturing, 26% are in battery component, cell, and pack manufacturing, and only 6% of jobs are in mining or critical minerals extraction.
  • In the Salton Sea region, the number of direct jobs from direct lithium extraction will be relatively modest: a few hundred jobs initially, rising to roughly 2,000 ongoing jobs at projected full build-out many years from now.
  • The vast majority of jobs associated with the lithium from the Salton Sea region will be created further along the value chain: roughly 1,600 jobs in cathode manufacturing, 20,000 jobs in battery cell and pack manufacturing, and over 100,000 jobs in EV manufacturing (2).  There are currently no agreements in place to bring these jobs to the Salton Sea region, much less ensure these jobs are high-quality or will be targeted for local residents (3).

Noemí O. Gallardo, Commissioner, California Energy Commission: “The Lithium Valley vision has the potential to provide tremendous economic opportunity that simultaneously uplifts industry, workers, and residents. Building on existing state efforts, the recommendations outlined in this report can help realize this possibility and boost the Salton Sea region.”

Brigette Browning, Executive Secretary-General, San Diego and Imperial Counties Labor Council: “This report shows that California must urgently build on its clean energy leadership, and ensure it captures and retains family supporting jobs in the lithium battery boom. Both in the construction phase of projects and ongoing operations and maintenance, the sector must support good union jobs and career pathways in new green industries jobs, especially for local residents.”

Sanjiv Malhotra, Founder and CEO, SPARKZ: “We’ve seen real value in taking the “high-road” approach in Lithium Valley, focusing on innovation, investing in our workforce, and generating good jobs. We are proud to partner with the United Auto Workers to secure the American worker’s place in the new energy economy, while also growing the battery supply chain domestically.”

California could provide a global model for the inclusive and environmentally friendly economic development of lithium and battery supply chains. Recommendations include:

  • Support “high-road” workforce development. This should include conditional public funding for businesses based on negotiated Community Benefits Agreements, as well as training for construction trades, blue collar, and professional and technical workers in Imperial County.
  • Strengthen the “innovation to implementation pipeline”: provide benefits for “high-road” companies that develop and manufacture technologies in the state. This should include an increase in funding to clean energy entrepreneur support organizations that support high-road pathways for startup commercialization.
  • Invest in local infrastructure. This includes physical and social infrastructure such as public health services, public transportation, climate resilient housing, and environmental restoration related to Salton Sea management and air quality.
  • Address permitting barriers. For instance, expedited permitting could be made available for projects that have formalized agreements and support from communities.
  • Battery supply chain transparency. Mechanisms must be in place that monitor, measure, and uphold environmental, labor and air quality standards, such as the Global Battery Passport.

The report and the Lithium Battery Supply Chain map are supported by a grant from The James Irvine Foundation, and represents the culmination of more than a year of research, including input from a wide range of labor, community, industry, public sector and tribal stakeholders.

Notes to editors:

(1) California comes in first, Arizona at 18th, and Nevada at 20th according to Oxfam’s Best States to Work Index.

(2) This calculation is based on the annual amount of lithium extracted from all existing geothermal plants and used to make batteries.

(3) At least two developers have signed project labor agreements (PLAs) with building trades unions for the construction phase of the projects.

About the Institute for Social Transformation, UC Santa Cruz

Rooted in the Social Sciences Division at UC Santa Cruz, the institute supports innovative scholarship that changes the world. The institute is a critical intellectual and social hub, connecting scholars across UC Santa Cruz and partners beyond the university, developing research-based solutions to urgent social, environmental and political problems in the world. The institute’s research aims to understand and transform the underlying systemic causes of problems in these areas and brings the research-based expertise and resources of UC Santa Cruz to collaborations with others committed to building local and global societies that are rooted in equity, access and opportunity for all people, environmental regeneration and democratic revitalization. https://transform.ucsc.edu/

Media contacts:

Tristan Tremschnig
Global Communications Director, New Energy Nexus (based in San Francisco)
tristan.tremschnig@newenergynexus.com

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,500+ startups, empowered over 10,400+ entrepreneurs, and mobilized over US$4.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube