: +33 1 47 54 50 71Email : florence.lievre@capgemini.com_____________________, Capgemini joins Verkor venture to reinforce the European low-carbon battery value chain. The first thing that jumped out after opening the PFS announcement, is the enormous... $3.55BN AUD is way bigger than we were expecting, especially given that at around $5/share, VUL is valued under $400M. Be the first to find out when a new stock is added, I consent to my email opens and clicks being tracked, EXR Doubles its Gas Resource on China's Doorstep, Vulcan Energy Resources (FWB:6KO, ASX:VUL). No “insider information” is ever sourced, disclosed or used by S3 Consortium. State backing at the policy levels also filters through to dedicated support networks such as InnoEnergy, a division of the European Institute of Innovation (EIT). Be the first to know about our investment portfolio. The information contained in this article is current at the finalised date. VUL is the largest holding in our portfolio. Capgemini joins Schneider Electric, EIT InnoEnergy and GROUPE IDEC, who announced their partnership with Verkor in July 2020. Interested in more investment opportunities? E-mail. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. 2021_02_04_Capgemini joins Verkor venture. Accueil Zone bourse > Actions > Euronext Paris > Capgemini SE CAP FR0000125338. Any advice is general advice only. Vulcan Energy Resources Ltd (ASX:VUL, FRA:6KO) is our top ASX pick to ride the global Electric Vehicle Boom of the next decade. Capgemini will help Verkor achieve excellence in low-carbon battery manufacturing by leveraging the full potential of digital and data. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. EIT InnoEnergy is the European company that promotes innovation, entrepreneurship and education in the sustainable energy field by bringing together academics, businesses and research institutes. NAWA Technologies has raised $27.55 m in total funding. Key to our success is unifying the very best in talent, resources and expertise from across the globe so that we can work in an agile, fast-follower mode to bring locally manufactured, low-carbon battery cells to the market by 2023. Any advice is general advice only. No one really knows, but hopefully it will keep doing what it’s been doing as a standout performer and the Electric Vehicle Theme favourite of the ASX. Digital will play a key role in securing the competitiveness of European Gigafactories. View Company. The heavyweights of the lithium industry are capped at billions of dollars - Ganfeng Lithium Co Ltd is capped at $32BN, Albemarle - $24BN, Tianqi Lithium - $17.4BN, while SQM is capped at $9BN (figures are all in $AUD). Johan Söderbom from EIT InnoEnergy explains how a long-familiar piece of power system technology is unlocking new opportunities for sustainable and efficient energy storage and usage. Infinity Lithium Corporation Ltd’s San José Project in Spain has been further strengthened by ongoing support from EIT InnoEnergy - an independent European … The EU is desperate for its own supply of this critical metal. Batteries with the highest carbon footprint will be banned. The information contained in this article is general information only. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. We track your page views and clicks so that we can further improve the site for our users. So what could the VUL share price do now? S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. 80% of global supply is controlled by China. NAWA Technologies stock price, funding rounds, valuation and financials. 296877). About Capgemini. For us, a stock like this comes along once in a lifetime. In addition to the lowest financial operating cost, VUL will also have the lowest CO2 footprint of any lithium operation globally: ZERO! Here is the capital intensity versus opex other types of lithium production - showing VUL will have a higher CAPEX, but much lower OPEX operation relative to industry peers. Federal politicians and northern First Nations expressed concern over Wednesday's sale of energy leases in Alaska's Arctic National Wildlife Refuge. 2021 is shaping up to be another transformative year for VUL. The top global lithium producers are capped at $32BN, $24BN, $17BN and $9BN dollars - more on this further down. Keep in mind there is no local lithium production in Europe... yet. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. VUL is our largest holding and we intend to maintain a position over the coming years. We would like to show you a description here but the site won’t allow us. Please check your credentials and try again. VUL will uniquely also produce geothermal energy, providing stable revenue with the high fixed feed in tariff in Germany, a key industry differentiator. Last month, the EU announced new regulations on the carbon footprint of EV batteries. VUL is one of only two lithium projects financially and administratively backed by EU-group EIT InnoEnergy, which is the founder and steward of the European Battery Alliance, that counts among its members the most significant financiers of battery metals, battery and electric vehicle projects in Europe including the European Investment Bank. You can see VUL sits at the very lowest of carbon intensity and production costs on this curve: The fourth thing we noticed is that to build this operation it’s going to require €1.74BN. Just look at Tesla (NASDAQ:TSLA) - the NASDAQ favourite and the USA’s poster child of the EV boom. The PFS has set the stage for the company’s next phase of growth. With Altran, the Group reported 2019 combined global revenues of €17 billion.Â. Capgemini’s market leading capabilities in engineering and digital skills will enable us to refine our manufacturing process to reduce waste and improve the environmental and economic performance of our business model.”, Roshan Gya, Managing Director Southern & Central Europe at Capgemini Invent, said: “Developing a resilient and sustainable battery supply chain in Europe is critical for the energy transition and for the future of our automotive industry. None of these multi billion companies are Zero Carbon LithiumR producers like VUL is planning to be - Zero Carbon LithiumR is what the European Union desperately needs. Start of the Definitive Feasibility Study (DFS), which will build on the PFS. InnoEnergy is the innovation engine for sustainable energy across Europe supported by the EIT. S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. Benoit Lemaignan, CEO of Verkor, said: “We are delighted to attract such prestigious value chain partners to help deliver our vision of a competitive and sustainable battery supply chain in Europe. Your personal objectives, financial situation or needs have not been taken into consideration. Verkor, a French industrial company, will boost battery production in France with the support of EIT InnoEnergy, Schneider Electric, GROUPE IDEC and Capgemini. Earlier this week we discovered that influential German investment analysts Der Aktionär have set a share price target on VUL of €6 (that's A$9.50). [141] InnoEnergy is an integrated alliance of reputable organisations from the education, research and industry sectors. The information in this website is general information only. You can see it every day across all forms of media and news. We are excited to apply our know-how in digital and contribute hand in hand with Verkor to the creation of a modern, connected and highly efficient Gigafactory in France.”, Capgemini joins Schneider Electric, EIT InnoEnergy and GROUPE IDEC, who announced their partnership with Verkor in July 2020.Â, Capgemini is a global leader in consulting, digital transformation, technology, and engineering services. EV adoption ramping up in Europe (EV sales up 66% year on year) and globally. We believe VUL is in a perfect “sweet spot” to secure this financing: VUL is one of only two lithium projects financially and administratively backed by EU-group EIT InnoEnergy, which is the founder and steward of the European Battery Alliance, that counts among its members the most significant financiers of battery metals, battery and electric vehicle projects in Europe including the European Investment Bank. This data is anonymous - we do not track your personal information without your consent. Vous trouverez ci-après la News Alert diffusée ce jour. There is currently no local supply of lithium in Europe. Failed to sign in! Paris, February 4 2021 – Capgemini and Verkor announced today that Capgemini has joined the venture created by Verkor, the French industrial company with a mission to accelerate the production capacity of low-carbon batteries in Southern Europe through the creation of a first 16GWh Gigafactory. In the coming years, there will be regulatory limits on carbon generated in their production. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Stock Screener. Aspiring producer VUL was capped at less than $0.4BN just prior to today. NAWA Technologies Funding. About Capgemini Capgemini is a global leader in consulting, digital transformation, technology, and engineering services. Key milestones to look out for in the year ahead are: All of the above will contribute to de-risking the project and securing the finance to bring VUL’s project into the world. Be the first to find out about our next investment. InnoEnergy has placed VUL on its Business Investment Platform, through which it is further assisting VUL with conversations with European financiers. European Union is deploying cash to drive the EV sector forward, is banning combustion engines, and has generous policies for battery investments. The EU is aiming for carbon neutrality by 2050. © 2021 GlobeNewswire, Inc. All Rights Reserved. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. The size and location of the deposit, together with other strong project fundamentals, in the middle of large end users associated with European electric vehicles that is driving lithium demand, makes the project a strategic asset - as evidenced by the large interest shown in the Project by public/private banks, financiers, end users and large lithium specialist companies to-date, as stated by VUL in their announcement today. The second thing we noticed is that VUL’s Opex (operating expenses) to pull out one tonne of Zero Carbon LithiumR Hydroxide is €2,640 per tonne. ... Kouros SA, EIT InnoEnergy. Password We support and invest in innovation at every stage of the journey – from classroom to end-customer. Kraków is one of the co-location centres of Knowledge and Innovation Community (Sustainable Energy) of The European Institute of Innovation and Technology (EIT). ... Capgemini joins Schneider Electric, EIT InnoEnergy and GROUPE IDEC, who announced their partnership with Verkor in July 2020. 296877). Lithium Price is forecast to enter boom territory in the coming years and has already started rising. We create future game-changers with a different mind-set and bring innovative products, services and successful companies to life. Investors should consider this article as only a single factor in making any investment decision. Fund managers, investment banks and green funds are looking to put cash to work in this low interest rate and fiscal stimulus environment. The price of the stock has increased by 22.43% since. The world is clearly at the beginning of a global boom in Electric Vehicles, and has undoubtedly pivoted to green and sustainable investments. VUL today is one step closer to producing Zero Carbon LithiumR in Europe, and supply to EU battery makers. “It’s effectively a quasi-state entity that we’ll engage with. A responsible and multicultural company of 265,000 people in nearly 50 countries, Capgemini’s purpose is to unleash human energy through technology for an inclusive and sustainable future. S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. In this note, we will talk about our four key takeaways from the PFS, what VUL is going to focus on next and what we think the VUL share price could do from here. While there will be dilution for VUL shareholders to raise the cash needed to develop their project over time, we are excited by the potential for VUL to reach a multi billion dollar valuation like other producers. Florence LièvreGlobal PR Manager | Group Marketing & Communications, Capgemini Group | ParisTel. Remember that InnoEnergy liked VUL so much they actually invested in VUL (announced July 8th 2020) - this means InnoEnergy will be even more motivated to help secure VUL’s CAPEX financing through their extensive European network. VUL has just released its much anticipated Pre Feasibility Study, and it’s a big one. VUL’s phenomenal run has seen it evolve into a Tesla-like share price story on the ASX - a market favourite that just keeps rising and rising on the back of the hottest global investing theme in decades: And like Tesla, just when you think VUL can’t go any higher - it does... again, and again, and again. EIT InnoEnergy drives energy innovation with COVID-19 response initiative. This is the next big step toward production, firming up the project economics further still and presenting the investment case to financiers; Scaling up of Lithium Extraction test work and piloting; Securing all important offtake agreements - this is when customers agree to buy future Zero Carbon Lithium produced by VUL. To receive ALL our alerts fill out your details below. People were surprised to see Tesla’s share price rise from $88 in January 2020 to $180 in February... and then $300 in July... then $400 by August... Holders continue to hold, and those Tesla short sellers just get burned again and again... We are in the midst of an EV boom which could go for the next few years, and are backing market favourite VUL to continue to deliver. "Canada continues to strongly oppose development in the Arctic National Wildlife Refuge due to the potential impacts on the Porcupine caribou herd and on Indigenous Peoples," said federal Environment Minister … The minds behind the most innovative ideas will receive 90 days of incubation and development support through the Higher Institute for Water and Power Technologies (HIWPT). The new company will step up production of low-carbon batteries in southern Europe to meet the growing demand for electric vehicles and stationary storage. ... shares of publicly listed renewable equipment manufacturers and project developers outperformed most major stock market indices and the overall energy sector The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article. Neither your personal objectives, financial situation nor needs have been taken into consideration.