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Balqon Receives Initial $490,000 Purchase Order for Heavy-Duty Electric Drive Systems From New China-Based Distributor

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Balqon Corporation, a developer and manufacturer of zero emissions, heavy-duty electric vehicles and drive systems ( earlier post ), has received a $490,000 order for electric drive systems under a new dealer agreement with DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China. Verde in Spain.

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Ampal Signs Option Exercise Agreement to Acquire 25% in Ethanol Project in Colombia

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Israel-based Ampal-American Israel Corporation signed an option exercise agreement with Merhav (M.N.F) The purchase of the 25% equity stake and the conversion of the loan is subject to the initial disbursement of a loan from Banco do Brasil, the lender providing project financing to the project.

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Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform

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Shell Ventures and Sumitomo Corporation Group have invested in LO3 Energy to support the global development of its blockchain-based community energy networks. Earlier post.).