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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Hero Electric ties up with HDB Financial Services for retail finance

Electric Vehicles India

Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. Read further to know more about Hero Electric ties up HDB Financial Services. .

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. per share.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

Green Car Congress

The document outlines a new set of aggressive near-term and long-term strategies for the nation’s busiest harbor complex to further reduce harmful air pollution from all port-related sources, assist the state in meeting aggressive greenhouse gas reduction goals, and ultimately achieve zero emissions for trucks and terminal equipment.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

Receiving the conditional commitment is a significant step in the lending process and reflects the DOE’s intent to finance the project; however, the Loan remains subject to documentation of long-form agreements and certain conditions will have to be satisfied prior to closing, which is currently expected to occur in calendar Q2 2023.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

RE: Drive Electric Submission Land Transport (Clean Car) Amendment Bill. Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’) and encourages New Zealand to be ambitious. The interim Clean Car Discount, which is already in the market, is showing promising signs of success. Committee Secretariat.

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