Baua Electric

MAY 5, 2024

Rural Electrification Corporation (REC) Ltd almost tripled its funding for electric buses to roughly 10,000 buses in FY24. Beyond electric buses, REC has outlined a tenfold higher allocation towards the entire renewable energy portfolio to about Rs 3 lakh crore by 2030.

Financing 52

Financing United Kingdom Solar Hydrogen 52

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.

Financing 231

Financing Convert Renewable Price 231

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Darling International Inc.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

MARCH 21, 2022

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 V, equating to 98% energy efficiency, with an energy consumption of 40.4

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

FEBRUARY 23, 2023

Battery and advanced materials company Talga Group ( earlier post ), with 100% owned graphite resources in Sweden, has received firm commitments for a placement of new fully paid ordinary Talga shares to raise A$40 million (US$27.3 BurnVoir Corporate Finance acted as financial adviser to the company.

Li-ion 218

Li-ion Sweden Financing Corporation 218

Green Car Congress

AUGUST 5, 2022

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

Commercial 307

Commercial Australia Hydrogen Denmark 307

Green Car Congress

JANUARY 3, 2012

The BASF subsidiary led a $50-million financing round, joined by new and existing investors. The Plantrose technology could allow us in the future to broaden our use of renewable raw materials while improving the cost effectiveness of our value chains even further. Earlier post.) —Mike Hamilton, Renmatix CEO.

Financing 231

Financing Companies Renewable Water 231

Green Car Congress

MARCH 10, 2023

ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

Engine 150

Engine Financing North America Clean 150

Green Car Congress

DECEMBER 1, 2014

Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. itself will focus on renewables, distribution networks, and customer solutions. will take necessary preparatory steps for the New Company’s public listing.

Power 244

Power Powered Renewable Gas 244

Green Car Congress

OCTOBER 8, 2014

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013. Earlier post.) MW of solar generation capacity. MW of solar generation capacity. Earlier post.)

Acura 218

Acura Honda Solar Financing 218

Green Car Congress

MARCH 30, 2018

In the initial phase of the project, ITM Power will undertake a techno-economic feasibility study for the large-scale centralized production of renewable hydrogen in the province of British Columbia (BC). Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline.

Hydrogen 186

Hydrogen Renewable Power Powered 186

Electric Vehicles India

MAY 31, 2021

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada.

Nepal 103

Nepal Tax Renewable Financing 103

Green Car Congress

MAY 16, 2022

The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. Renewable natural gas from the VERBIO Nevada Biorefinery is injected into an Alliant Energy pipeline before being distributed across the country. By 2022, the RFS envisioned 16 billion gallons of advanced biofuels.

USA 195

USA Nevada Iowa North America 195

Green Car Congress

SEPTEMBER 3, 2014

has completed a $5-million capital raise to begin construction of its demonstration-scale plant for the production of synthetic, renewable diesel fuel from woody biomass using licensed technology. It produces a renewable diesel that has the potential to meet ASTM standards (ASTM D975 & D396). PwC Corporate Finance Inc.

Renewable 247

Renewable Diesel Canada Commercial 247

Green Car Congress

FEBRUARY 14, 2012

a pioneer in materials science and renewable energy technologies, today voluntarily filed a petition for relief under Chapter 11 in the US Bankruptcy Court for the Eastern District of Michigan. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. 51-year-old Energy Conversion Devices, Inc. Earlier post.)

Corporation 210

Corporation Conversion Companies Sale 210

Baua Electric

APRIL 17, 2024

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process.

Auto 52

Auto India Financing Coal 52

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.).

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

MAY 21, 2015

Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.

Renewable 150

Renewable Global France Grant 150

Green Car Congress

FEBRUARY 12, 2014

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

Sodium 199

Sodium Li-ion Companies Batteries 199

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. In January, Valero invested in Mascoma ( earlier post ). —George Stutzmann, Vice President of Alternative Energy of Valero.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

NOVEMBER 29, 2011

The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and governments cut funding due to the uncertain economic environment, according to a new report by the Economist Intelligence Unit (EIU) sponsored by Swiss Re.

Renewable 199

Renewable Energy Financing Wind 199

Baua Electric

MARCH 5, 2024

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Chidambaram Mandan as Vice-President and Head of R&D and Quality Control.

Auto 52

Auto Financing India Corporation 52

Green Car Congress

MAY 31, 2011

CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

Financing 199

Financing Power Powered Los Angeles 199

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

Lithium Ion 284

Lithium Ion Commercial Li-ion Batteries 284

Green Car Congress

DECEMBER 17, 2018

The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation. —Koji Hasegawa, General Manager, Industrial Chemicals Department of ITOCHU Corporation. 24M , part of a team that received $3.5

Lithium Ion 207

Lithium Ion Li-ion Batteries Battery 207

Green Car Congress

JUNE 21, 2011

a subsidiary of the Swiss-based energy group, The Addax and Oryx Group Limited (AOG), recently signed a loan agreement with seven European and African development institutions for an integrated renewable energy and agriculture project near Makeni, in Sierra Leone. Addax Bioenergy S.A. ,

Sierra Leone 199

Sierra Leone Sierra Renewable Power 199

Green Car Congress

SEPTEMBER 30, 2009

a biobutanol and renewable hydrocarbons company, announced the start up of its first biobutanol demonstration plant designed from retrofitting an existing demonstration scale ethanol plant to produce biobutanol. Corporate developments over the past year have included: In October 2008, Gevo and ICM, Inc. Gevo, Inc.,

Companies 246

Companies Renewable Gasoline 2009 246

Green Car Congress

OCTOBER 3, 2021

The fund is the result of distinct initiatives from two groups of investors: Air Liquide, TotalEnergies and VINCI, all fully committed to low carbon and renewable hydrogen development, each of which has pledged to invest €100 million each as anchor investors.

Hydrogen 170

Hydrogen Clean Cleaning Carbon 170

Green Car Congress

SEPTEMBER 6, 2021

Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. Nornickel has been modernizing and expanding infrastructure in port cities, as well as increasing and renewing its fleet to handle the increased cargo traffic.

Design 195

Design Building Russia Fleet 195

Green Car Congress

SEPTEMBER 17, 2009

Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Valero Renewables. Earlier post.)

Renewable 199

Renewable International Diesel Louisiana 199

Green Car Congress

MAY 19, 2010

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds. HR BioPetroleum.

Tax Credit 210

Tax Credit Tax Companies Financing 210

My Energi

APRIL 13, 2023

The company’s success in developing innovative solutions for smart homes has led to its rapid growth and expansion, with myenergi being a market leader in the UK and having a significant international export business. The company has grown to almost 450 employees, and annual sales last year broke the £50m barrier.

Jordan 52

Jordan France Corporation Renewable 52

Green Car Congress

AUGUST 8, 2018

The USDA 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (9003 Program) provides loan guarantees to biorefineries, such as those that Velocys and its partners are developing, which produce advanced biofuels.

Mississippi 170

Mississippi Waste Fuel Renewable 170

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Repeated investment activities on the same company were counted as multiple. Click to enlarge.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

JANUARY 27, 2023

Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. Captis Aire LLC, “Renewable Blending Components to Enable 100% Sustainable Aviation Fuel (SAF)”, $2,000,000. Comstock Inc.,

Production 225

Production Carbon Conversion Mariner 225

Green Car Congress

OCTOBER 7, 2010

Sun Catalytix Corporation (Sun Catalytix), an energy storage and renewable fuels company ( earlier post ), completed a $9.5-million The funds raised in this financing will support continued development of the company’s catalyst technology. —MIT Professor and Sun Catalytix Founder Daniel Nocera.

Land Rover 186

Land Rover Energy Storage MIT Wind 186

Green Car Congress

JANUARY 13, 2011

Valero Energy Corporation, the US’ largest independent oil refiner, has invested in cellulosic biofuels and consolidated bioprocessing company Mascoma Corporation ( earlier post ). Valero Energy Corporation is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

Commercial 199

Commercial Michigan Corporation Financing 199