Photo Credit:Fair Use [17 U.S.C. § 107]

Investors Flock to Battery Recyclers in Hunt for Climate Law Winners

05 Sep 2023 | Abstracted from MSN

"Investors are racing to find the clean-energy startups best positioned to capitalize on last year’s landmark climate law...Major investors including BlackRock and Goldman Sachs Asset Management are pouring money into battery recycling...The latest wager is on Ascend Elements, a battery-recycling startup that said it raised $460 million in a financing round...gigantic wave of battery factories coming soon...There needs to be processing capacity on line available to receive that material."

ADDITIONAL RELATED NEWS LINKS

• 21 Private Equity Firms Fund Over a Gigaton of Annual Climate Pollution


• Aptera Receives Bodies In Carbon Delivery, Multiple Production Intent Solar EV Builds To Follow


• Tesla Investors Should Think Twice About Musk's Plan To Reincorporate In Texas


• Here's How Much Profit Tesla Makes on Each EV It Manufactures (Spoiler Alert: The Number Is Still Shrinking)


• More Private Companies Are Investing In Passenger Rail - Here's Why


• Aptera Suddenly Pauses Accelerator Program At Request of SEC, Only Two Days Left to Invest


• Ford Pulls Out All the Stops to Outduel Tesla


• Goldman's Strategy to Play the $3 Trillion Energy Revolution


• What Is 'Green Hushing'? The New Negative Sustainability Trend, Explained


• Tesla Did Introduce the Model 2 This Week At $26,000, But Kept It Quiet