article thumbnail

Oil Majors’ Costs Have Risen 66% Since 2011

Green Car Congress

Dubbed the “Supermajors’ Cost Index,” Apex concludes that the supermajors spent 66 percent more on development costs in 2015 than they did in 2011, despite the widely-touted “efficiency gains” implemented during the worst of the market slump. But costs still stood 66 percent higher than in 2011. However, performances varied by company.

Oil 150
article thumbnail

Coskata Inc. completes first close of Series D financing round

Green Car Congress

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011. Coskata Inc.,

Financing 199
article thumbnail

Federally funded R&D centers spent $17.8 billion on R&D in FY 2011

Green Car Congress

billion on research and development in FY 2011, according to data from the National Science Foundation (NSF). FFRDCs are privately operated R&D organizations that are exclusively or substantially financed by the federal government. billion) of the FFRDCs’ total expenditures in FY 2011.

2011 210
article thumbnail

Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

Green Car Congress

Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. This project equity financing by Waste Management and EB Investments supplements Enerkem’s equity position in the project, along with the C$23.35 Earlier post.)

Financing 218
article thumbnail

PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., SunRun will manage the projects.

Financing 170
article thumbnail

Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

Green Car Congress

Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research. M&A transactions totaled $2.42

article thumbnail

Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

Green Car Congress

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

Li-ion 240