Decarbonization Partners, a climate tech investment firm formed as a partnership between BlackRock and Temasek, has co-led a $460 million growth equity investment in Ascend Elements. Ascend Elements is a U.S.-based manufacturer of sustainable battery materials for electric vehicles (EVs). The investment will support the construction of Ascend Elements’ first commercial-scale facility in Kentucky, which will produce cathode precursor and cathode active materials for EVs. The company’s technology aims to reduce the environmental impact of battery production by incorporating recycled materials.
Ascend Elements’ mission to produce sustainable lithium-ion battery materials aligns with the goal of decarbonizing the transportation sector, and this investment underscores the growing significance of climate tech investment in addressing the climate crisis.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}