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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

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SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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ClearFlame Engine Technologies raises $30M in Series B

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New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America's leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals. Series A funding propelled us from patent to pilot.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions.

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Toyota invests $394M in, collaborates with Joby on air mobility

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Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda. Joby’s eVTOL.

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Group14 Technologies secures $17M in Series B led by SK to scale production of lithium-silicon anode technology

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Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. Ovonyx is a joint venture with its co-founder Tyler Lowrey and its shareholders include Intel Corporation. Earlier post.) Chapter 7 for SIT.

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Amprius’ silicon nanowire Li-ion batteries power Airbus Zephyr S HAPS solar aircraft

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The Zephyr platform is a new class of unmanned air vehicle that operates as a high-altitude pseudo-satellite (HAPS) enabling affordable, persistent, local satellite-like services. Using Amprius’ cells, which contain a 100% silicon anode, the Zephyr S flew more than 25 days, setting a new endurance and altitude record for stratospheric flight.

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