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Aqueous hybrid-ion battery company Aquion completes $55M financing round

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a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Previous investors Kleiner Perkins Caufield & Byers, Foundation Capital, and Advanced Technology Ventures also participated in the round. Earlier post.).

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 Lithium-ion-based battery technology companies received the most VC funding in 2022. billion compared to $19.5 billion in 2021.

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Pew: global clean energy investment reached record $243B in 2010

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2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. Wind power continued to be the favored technology for investors at $95 billion.

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EIB and Umicore conclude €125M loan for EV battery materials production in Poland

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The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. The EIB recently reaffirmed its commitment to financing projects across the entire value chain.

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California adds $72.5M for cleaner diesel trucks, deployment of advanced vehicle technologies

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More than 33,000 rebates have been issued since the program launched in 2010, and consumer demand has surged to about 2,500 rebates per month. This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses.

Cleaner 246
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POSCO begins construction of S Korea’s first lithium hydroxide plant

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POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. POSCO developed its own extraction technology for lithium in 2010. Earlier post.) POSCO Group’s lithium brine demo plant in Argentina.

Argentina 369
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California to transition clean vehicle rebate program to helping low-income residents

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Since its launch in 2010, the CVRP program has issued half a million rebates, totaling $1.2 Since its launch in 2010, the CVRP program has issued half a million rebates, totaling $1.2 The existing CVRP program will continue to accept applications while funding remains available. Now, California has 1.5

Clean 271