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Canada proposes financial plan for more EV battery plants 

Teslarati

Canada’s federal government is trying to convince Canadian pensions to finance construction of a dozen EV battery plants in the country. The financial plan aims to build electric vehicle battery production facilities as Canada seeks to become a “supplier of choice” for EV automakers. CPPIB is Canada’s largest pension.

Canada 66
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

Canada-based Enerkem Inc., In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. Earlier post.). — Enerkem President and CEO Vincent Chornet.

Waste 199
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Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” Canada’s trade in with Volkswagen for a battery gigafactory in St. The deliberate St. “The U.S.

Canada 52
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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

Green Car Congress

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.

Financing 150
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75

Namibia 284
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ABB E-mobility scales up investment in software provider ChargeLab

Green Car Congress

Co-ordinated through ABB EL Ventures, the investment forms part of ChargeLab’s $15-million Series A financing. ChargeLab’s software empowers fleets, building operators, and utilities to deploy large networks of EV chargers. The EV charging industry is working to improve reliability and convenience. million Seed round last year.

Financing 199
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

Building sustainable and clean energy systems will be harder, riskier and more expensive without nuclear, according to the new report, Nuclear power and secure energy transitions: From today’s challenges to tomorrow’s clean energy systems.

Russia 458