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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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LevelTen Energy raises $20.5M in Series B; expanding renewable energy procurement platform

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LevelTen Energy , a renewable energy procurement platform, closed a $20.5-million As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors. This latest round of funding brings the company’s total investment to $27.3 Salesforce and Workday.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion (down 11%).

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ClearFlame’s genset technology progresses through phase one trials

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The trial was conducted by Electric Power Research Institute (EPRI) in partnership with ClearFlame and Duke Energy. Key investors include Mercuria, Breakthrough Energy Ventures, WINDVentures, Rio Tinto and Clean Energy Ventures. Earlier post.)

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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

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Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

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Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

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The average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. The average price for cars in 2016 was $25,774—similar to $25,750 in 2015 and $25,747 in 2014, and down from a high of $29,808 in 1999. Source: DOE.

2016 170
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myenergi lands £30m investment from Energy Impact Partners to drive growth and internationalisation

My Energi

British smart home energy technology manufacturer, myenergi, has secured an investment of £30m to support significant future growth and internationalisation from Energy Impact Partners (EIP). This follows on from the £30m debt finance myenergi secured from HSBC earlier this year to further fuel its expansion.

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