HOUSTON, Texas, May 6, 2024 - Tuleva, a cutting-edge clean energy materials startup, announces the launch of its advanced net-zero manufacturing platform. Positioned at the forefront of the global transition to clean energy, Tuleva's sustainable processes are driving this transformation. Recognizing the rapid market growth and the need, Tuleva is committed to driving down production costs through its innovative, next-generation methodologies.
The escalating demand for clean energy materials is underscored by current market projections, with the global renewable energy market poised to reach $3.6 trillion USD by 2030 (Grandview Research), up from $1.21 trillion USD this year. Tuleva aims to bridge potential materials production gaps to meet the robust need for critical minerals, including the United States national security imperative for lithium.
Currently, China dominates the lithium market with 72% of the world's lithium refining and conversion capacity. Tuleva emphasizes the criticality of diversified sources for this vital mineral, particularly within the United States. Affected industry domains include battery, industrial, pharmaceutical, mobility, grid electrification, aviation, hydrogen storage, and alloys.
Tuleva's proprietary manufacturing process, leveraging environmentally friendly clean industrial heating and membrane technology, ensures not only economical output but also addresses environmental concerns, including CO2 emission and reduction of negative impacts associated with conventional production. Collaborating with prestigious lab partners, Tuleva's technologies are designed for multiple feedstock inputs, producing a range of sustainable products.
Madan Manoharan, Tuleva CEO explains, "Clean energy materials are critical components of the accelerating global transition towards clean energy. Tuleva is focused on expediting and enabling clean energy storage materials, while dramatically reducing costs, emissions, and waste through our next-generation production processes. The time to build and expand this manufacturing supply chain in North America is now!"
Addressing climate change is a core value at Tuleva, with a commitment to sustainable business decisions, equity, and inclusion. In collaboration with Transwestern, Baker Tilly, Burrow Global and other partners, Tuleva intends to build a U.S.-based manufacturing facility, playing a vital role in meeting the surging global demand for battery-grade lithium compounds. The company is currently seeking manufacturing locations within opportunity zones, proximity to bulk ports, and rail access, totaling over 350 acres. Manoharan emphasizes, "With each facility, Tuleva is committed to developing robust community programs that benefit the local environment and its citizenry."
Tuleva has assembled an expert team with deep industry authority as well as global partnerships in electrochemistry, materials science, microwave engineering, process technology, manufacturing, and government relations. With this assemblage and its principles, Tuleva commits itself to making a large impact on climate change and the world.
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About Tuleva
Tuleva, headquartered in Houston, TX, is a sustainable manufacturer specializing in clean energy materials extracted from responsibly sourced hard rock ores and recycled materials. The company's groundbreaking extraction and processing technology - initially focused on lithium, silicon, and aluminum - reduce negative environmental impacts while cost-effectively enhancing overall output. Learn more at Tuleva.co.