Monday, 25 July 2016

Lithium Race Towards Energy rEVolution: China Plans To Dominate Clean Tech Race.



  
 Shin Wei Ng and Jonathan Gaventa report on China's plan to dominate cleantech race with its New Energy strategic industries based on Electric Cars and renewable energy like Solar and Wind. China moves very fast according to its 13th Five Year Plan with military execution and totally dominating the Solar and Lithium space already now when Europe is still choking on Dieselgate being at the mercy of politicians holding all EU back. Now you can better appreciate how Ganfeng Lithium has become the $4.5 Billion market cap giant in China in just 16 years.




International Lithium And Ganfeng Drill 4.62 M Of 2.33% And 10.65 M Of 1.07% Of Li2O At Avalonia, Ireland.






"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.”

International Lithium And Ganfeng Lithium Discover New Pegmatite At The Avalonia Lithium Project, Ireland.






  We have another discovery at our Avalonia J/V project In Ireland with $4.5 billion giant from China Ganfeng Lithium.


"Ganfeng has a strong commitment to supply Lithium product to various industries worldwide,” stated Ganfeng’s Director, Wang Xiaoshen, “so we clearly have a vested interest in these projects and have been very hands-on in the evaluation of ILC’s properties. Our company is the only one in the world that has commercial production capacities to extract Lithium from both brine and spodumene, and we continually implement cutting-edge technologies to our processes. I feel confident that this is a fit for our operations and the potential these projects hold."


Ganfeng And International Lithium In EV Race: 25 Companies Are Making 51 Models Of Electric Cars In China Already.






Lithium Race: World’s Top 10 Selling Plug-In Electric Cars And Top 10 Manufacturers – May 2016.





InsideEVs.
  


  "We are all excited by Tesla's headlines and the coming new catalyst for the lithium market with the opening of Gigafactory later this month, but the real story of the lithium race is happening in China right now. China has become the largest auto market in the world for electric cars last year and BYD has become already the biggest manufacturer of electric cars in the world this year. Waren Buffett holds the stake in BYD and this New Energy conglomerate is taking the world with its electric buses and electric cars. This year BYD has moved into utility energy storage as well in the U.S.  with EDF.
  It is called The New Energy in China and is a part of the 5-year plans which are exercised with military discipline for the last few decades. Electric Cars, Solar and Wind power with lithium battery domination are all parts of the building of this strategic industry in China to rule in the 21st century.
  25 companies are making 51 models of electric cars in China already and they are not all Teslas yet but are getting very fast there. The whole new strategic industry is being created from scratch and companies like Ganfeng Lithium are growing very fast from $3 million dollars in sales in 2000 to $4.5 billion in market cap now.Ganfeng Lithium is the strategic partner of International Lithium and finances our two J/V projects in Ireland and Argentina. In this EV race into the 21st-century Energy rEVolution, the security of lithium supply becomes the most important factor for the leaders to keep their dominant position in the fast-changing marketplace. Read more"












E3G:

China Plans To Dominate Clean Tech Race.

By 

In March 2016, China published its official 13th Five-Year Plan, which sets out their development pathway from 2016 to 2020. This Plan builds upon the previous five years and aims to create a strong foundation for China’s green, robust and resilient economy over the next two decades.


China has caught up to and overtaken the EU across a range of low carbon economic sectors, including clean energy investment, R&D spending, power transmission grids and production and sales of electric vehicles.
The new 5 year plan accelerates these trends. China plans to more than double its wind energy capacity, nearly treble its solar capacity, and increase electric vehicles by a factor of 10. Meanwhile, clean investment in Europe has fallen sharply and will weaken further on the basis of current targets.
  1. China is investing over twice as much in clean energy than the EU.

  2. With plans to deploy 3.5 times more wind power and 6 times more solar, China is leaving Europe behind.

  3. Chinese R&D spending has risen 73% in the last 5 years – compared to 17% in the EU.

4. Strongly competitive on electric vehicles, China plans to increase sales tenfold by 2020.

  5. Large-scale investment in low carbon infrastructure will help China dominate wind and solar energy markets.

China’s new plan poses a strategic challenge for Europe’s low carbon economy. While growing markets will lower the cost of clean technology and create new opportunities for European firms, Europe’s clean investment has fallen sharply and it is at risk of losing its low carbon competitive advantage if its domestic clean energy markets continue to weaken. European governments need to respond to this new economic reality - including by strengthening the EU’s clean energy goals and low carbon economic strategies.