Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

OCTOBER 9, 2013

the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2 million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Diesel Engines'

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Financing Industrial Industry Engine 236

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

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Financing Convert Renewable Price 231

Green Car Congress

OCTOBER 13, 2021

Gevo and Axens North America have entered into an agreement that establishes a strategic alliance aimed at accelerating the commercialization of sustainable ethanol-to-jet (ETJ) projects in the United States. Axens would also provide process guarantees for commercial ETJ projects. 30 years of commercial operation.

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Commercial Fuel North America Renewable 170

Green Car Congress

JUNE 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

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Hydrogen Emissions Financing USA 370

Green Car Congress

JUNE 17, 2021

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. Worley is providing engineering to implement the Axens North America renewable jet and diesel technology at the Riverbank site. Aemetis, Inc.

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Renewable Diesel Engine Production 186

Green Car Congress

AUGUST 6, 2019

Electric bus manufacturer Proterra launched Proterra Powered vehicle electrification solutions, leveraging Proterra’s electric vehicle technology and expertise to help commercial vehicle manufacturers electrify their heavy-duty vehicles. The Proterra Powered group is led by Toby Kraus.

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Fleet Commercial Building Power 170

Green Car Congress

DECEMBER 9, 2011

Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. In January, Valero invested in Mascoma ( earlier post ).

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Financing Commercial Michigan Corporation 210

Green Car Congress

APRIL 8, 2022

United Airlines Ventures (UAV) and Oxy Low Carbon Ventures (OLCV) announced a collaboration with Houston-based biotech firm Cemvita Factory to commercialize the production of sustainable aviation fuel (SAF) intended to be developed through a new process using carbon dioxide and synthetic microbes.

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CO2 Houston Companies Climate Change 259

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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Lithium Ion Oman Batteries Battery 150

Green Car Congress

APRIL 1, 2015

Global Bioenergies, a startup developing and commercializing a fermentation process that targets gaseous isobutene, has obtained a €4.4-million million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. million (US$4.7-million)

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Financing Global Installation 2008 150

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

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Hydrogen Commercial Electric Electrical 376

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

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Motor Motors Motoring Fleet 321

Green Car Congress

JUNE 23, 2011

for engineering, procurement and construction (EPC) services for the construction of its commercial cellulosic ethanol facility in Boligee, Alabama, that will be designed around the Coskata technology. Cellulosic ethanol company Coskata, Inc. has issued a Letter of Intent (LOI) with Fagen, Inc. Coskata Inc. Fagen, Inc.,

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Alabama Commercial Engine Financing 186

Green Car Congress

JANUARY 24, 2013

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. Leyden Energy, Inc., The company closed a $20-million Series B round in August 2011.

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Li-ion Financing Energy Batteries 240

Green Car Congress

FEBRUARY 23, 2023

BurnVoir Corporate Finance acted as financial adviser to the company. The Vittangi project will use 100% renewable electricity to extract graphite, an EU defined critical material, and refine it into coated anode for Li-ion batteries.

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Li-ion Sweden Financing Corporation 218

Green Car Congress

JUNE 15, 2021

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Maintenance Cost Of Chad Plug-in 418

Green Car Congress

MARCH 11, 2014

CompactGTL will build a commercially deployed small-scale gas-to-liquids (GTL) plant in Kazakhstan. The proposed plant is expected to bring with it significant future commercial and environmental benefits, according to the company. CompactGTL expects to have a fully functioning small-scale GTL plant in operation in 2017.

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Kazakhstan Commercial Financing Gas 199

Green Car Congress

JANUARY 11, 2021

announced that commercial development work has commenced for the first phase of key design and engineering of next-generation vanadium redox flow-battery systems (VRFB Battery) for marine propulsion applications. VanadiumCorp Resource Inc. Champagne.

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Mariner Batteries Battery Netherlands 428

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

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Climate Change Commercial Financing Global 429

Green Car Congress

JUNE 22, 2018

The agreement with Avfuel is Gevo’s first long-term commercial supply agreement for its ATJ. Gevo’s technology uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstocks.

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Supplies Renewable Commercial Fuel 199

Green Car Congress

MAY 12, 2020

Over the next five years, Hyundai’s hydrogen-powered buses will gradually replace Incheon Airport’s current fleet of internal combustion engine buses that shuttle between the terminals, long-term parking lots and logistics complex. —Seong Kwon Han, President and Head of Commercial Vehicles Division at Hyundai Motor Company.

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Hyundai Hydrogen Motor Motors 377

Green Car Congress

OCTOBER 29, 2015

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. Bechtel will be responsible for the engineering and procurement for the balance of the plant, and the installation, construction and commissioning of the facility.

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Coal Financing Conversion Power 150

Green Car Congress

OCTOBER 27, 2018

Terraframe has signed a contract with Sweco for the detail engineering design of the battery chemicals plant. Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021. —Janne Palosaari, Chief Commercial Officer. —Joni Lukkaroinen, CEO of Terrafame.

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Commercial Production Batteries Battery 223

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

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Estonia Financing 2009 Germany 186

Green Car Congress

JANUARY 6, 2021

Embedded in roadways and charging vehicles during scheduled stops, the fully automated, hands-free WAVE system eliminates battery range limitations and enables fleets to achieve driving ranges that match that of internal combustion engines. This is a win-win all around, which will help maximize shareholder value.

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Charging Kenworth Financing Utah 170

Green Car Congress

FEBRUARY 22, 2022

It has an output of 145/245 kW (nominal/maximum) and a maximum engine torque of 1,055/3,329 N·m, which is developed without any gear changes. Quantron AG is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses and vans.

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Fuel Electric Electrical Austria 448

Green Car Congress

DECEMBER 13, 2013

The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. In commercial vehicles, Flybrid M-KERS offers affordable hybrid efficiency within a five-year payback period. M-KERS captures and stores energy that is otherwise lost during vehicle deceleration events.

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2015 Commercial Financing Hybrid 247

Green Car Congress

MAY 4, 2017

This first phase commences in May 2017 and would continue until completion of Gevo’s first large-scale commercial hydrocarbon plant. The agreement with HCS is a key milestone for Gevo and represents our first definitive purchase agreement for long-term supply from our first commercial scale hydrocarbon site.

Supplies 150

Supplies Renewable Commercial Minnesota 150

Green Car Congress

JULY 22, 2022

is designed to demonstrate the viability of achieving net energy generation with TAE’s advanced beam-driven field-reversed configuration (FRC)—the penultimate step on TAE’s path to commercialize clean fusion power. billion for its commercial fusion development.

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Fusion Companies Google Chevron 243

Green Car Congress

OCTOBER 28, 2013

Daimler Trucks plans to invest around one billion Brazilian real ($US457 million) in the commercial vehicle plants of Mercedes-Benz do Brasil in the next two years. This financing is part of an extensive investment project of Mercedes-Benz do Brasil, equipped with a total budget of around 2.5 billion Brazilian real (US$1.14

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Brazil Commercial Mercedes Vehicles 210

Green Car Congress

AUGUST 14, 2021

The report covers light-duty passenger vehicles as well as medium-/heavy-duty commercial vehicles: semi-tractors; medium-duty vans and pickups; transit buses; box, utility aerial and dump trucks; and garbage trucks. The study finds, for example, that battery electric vehicles have maintenance costs 40% lower than ICE vehicles.

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Transportation Alternative Fuels Maintenance Chad 435

Green Car Congress

AUGUST 29, 2016

NOHMs), a Cornell University spin-out founded in 2010, raised $5 million in Series B venture capital financing to commercialize its non-flammable electric vehicle (EV) battery electrolyte technology. This electrolyte is a drop-in replacement for commercial ionic liquids used in PHEV and EV cells. NOHMs Technologies Inc.

Commercial 150

Commercial Lithium Ion Batteries Battery 150

Green Car Congress

FEBRUARY 8, 2023

bp says that it will invest more in the energy transition and bp’s own transition, with up to $8 billion more slated for transition growth engines (TGEs) by 2030. billion capital expenditure—nto its transition growth engines, including the acquisition of Archaea Energy. In 2022, bp invested $4.9 mmboe/d in 2030.

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Engine Oil Hydrogen 2019 150

Green Car Congress

MARCH 3, 2015

announced its XL3 Hybrid Electric Drive System is now available on the Reach commercial van from Isuzu and Utilimaster. Special financing options are available to XL Hybrids’ customers to retrofit current fleet vehicles and pay for the hybrid system over time. XL Hybrids, Inc. Earlier post.).

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Available Isuzu Diesel Commercial 150

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. ETH-Zurich spin-off Synhelion has raised CHF 22 million (US$23.6 Synhelion is developing two pathways to solar fuels: Redox splitting.

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Solar Fuel Production Carbon 210

Cars That Think

NOVEMBER 22, 2021

Professionals who specialize in engineering and technology management must understand cross-discipline concepts and contribute to multifunctional teams. Many engineers and technical professionals lack vital skills. This course was well structured and gave us a taste of the world outside of the engineering realm."

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Engine United Kingdom Financing Future 107