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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Solar and wind energy are growing enormously - lithium provides storage

(PresseBox) (Herisau, )
Last year, the expansion of renewable energies reached a record level worldwide. Lithium-ion batteries are used to store the energy.

According to the International Energy Agency, renewable energies will replace coal and be the most important source of electricity as early as 2025. Nevertheless, the pace still needs to be stepped up to make the goals of the World Climate Conference a reality. In 2023, new green electricity plants were built at a rate of more than 50 percent. Around three quarters of this came from solar power plants. Record figures were achieved in China, the USA, Brazil and Europe. Solar modules have roughly halved in price in 2023. This means that solar and wind power plants can contribute to the climate transition almost everywhere more cheaply than new fossil fuel-based electricity suppliers. Another record: in 2023, for the first time in Germany, more than 50% of electricity was generated from renewable energy sources. A further increase to 80, then 100 percent is planned.

In the automotive sector, the question of whether electric cars are really more climate-friendly has long been debated. With the increasing share of renewable energies, electric cars are also becoming more climate friendly. After 90,000 kilometers at the latest, the carbon footprint of electric cars should beat that of combustion engines. In order to replace fossil fuels in the long term, materials such as cobalt, copper and lithium are required in increasing quantities. Although recycling is working well for copper, there is still a long way to go for lithium. Companies such as Century Lithium and Gama Explorations have lithium in their projects and will be able to provide supplies.

Century Lithium - https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ - is well positioned with its Clayton Valley lithium project in Nevada, which is already in the test phase.

Gama Explorations - https://www.commodity-tv.com/ondemand/companies/profil/gama-explorations-inc/ - has projects in Quebec and the Northwest Territories. They contain lithium as well as nickel and copper.

Current company information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -) and Gama Explorations (-https://www.resource-capital.ch/en/companies/gama-explorations-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.