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ClearFlame Engine Technologies secures $17M in Series A financing

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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318
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BNDES approves $92.5M lines of credit to support Eve’s eVTOL development program

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The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

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Germany approves €900M for green hydrogen project H2Global

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Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWi) has approved €900 million for the innovative funding instrument H2Global. —Robert Habeck, Federal Minister of Economic Affairs and Climate Protection. The resulting losses are compensated by the federal government’s grant for a maximum of 10 years.

Germany 382
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Park City Transit deploying six Proterra electric buses; battery-lease financing model

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Selected to serve the region’s renowned ski resort community, the Proterra fleet supports Park City’s and Summit County’s transition toward renewable energy and the reduction of its overall carbon footprint. buy the bus, lease the battery.

Financing 186
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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

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has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread. Clean Energy Fuels Corp.

Clean 191
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STEAG and thyssenkrupp planning joint green hydrogen project

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The hydrogen strategies recently adopted by the state of North Rhine-Westphalia as well as those of the German Federal Government and the European Union underline the importance of hydrogen for a climate-neutral society. At its core, our climate transformation is based on the use of hydrogen. It is important to plan ahead.

Hydrogen 482
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Group14 Technologies begins construction of second commercial-scale silicon battery materials plant

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Built to run on renewable energy in the form of Washington State's abundant hydropower, the factory is expected to be part of a larger Group14 campus, comprising at least six modules, as the company looks to continue to expand its footprint in Moses Lake.