Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. —Arne Ballantine, CEO of Ohmium International.

Manufacturer 225

Manufacturer Companies India Hydrogen 225

Green Car Congress

MAY 21, 2014

National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. NEVS also cut back on its hired consultants.

Financing 225

Financing Sweden Electric Vehicles Production 225

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The funds were primarily provided by existing investors and selected new strategic investors, including Swiss International Air Lines (SWISS). It uses the same amount of CO 2 for fuel production as is released during fuel combustion. This ultra-clean solar fuel closes the carbon cycle.

Solar 210

Solar Fuel Production Carbon 210

Green Car Congress

JUNE 14, 2021

German companies are very interested in participating in hydrogen projects in Australia, including as suppliers of electrolyzers. The German-Australian cooperation gives German companies the opportunity to export technology. Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”.

Australia 334

Australia Germany Hydrogen Green 334

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.).

Financing 236

Financing Engine Industrial Industry 236

Green Car Congress

FEBRUARY 10, 2015

It is then isolated and purified, while the algal biomass is processed to extract and produce a bio-oil co-product. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products. The company is working to commercialize this technology and scale production of its products.

Financing 150

Financing International Florida India 150

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

FEBRUARY 22, 2023

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473

Hydrogen Economy Global Market 473

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. It will also allow Volta to begin its international expansion.

Charging 417

Charging Financing Store Porsche 417

Green Car Congress

JULY 25, 2021

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. The financing was led by funds and accounts advised by T.

2019 334

2019 Financing Ford Price 334

Green Car Congress

DECEMBER 13, 2013

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This function is often vertically integrated with hydrogen production.

Financing 270

Financing Light Fuel Hydrogen 270

Green Car Congress

NOVEMBER 13, 2019

In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.

Chinese 199

Chinese Motor Motors Motoring 199

Green Car Congress

DECEMBER 25, 2021

The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. In the future, we will have a high demand for green hydrogen and will also need imports in addition to production in Germany.

Germany 382

Germany Hydrogen Green Climate Protection 382

Green Car Congress

AUGUST 23, 2011

million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The financing will be used to further grow customer adoption in key commercial markets, expand internationally and develop and commercialize new products.

Financing 210

Financing Power Powered Gas-Electric 210

Green Car Congress

JULY 8, 2010

Energy crop company Ceres, Inc. The proceeds will be used, in part, to expand the company’s research and commercialization activities in the advanced biofuels and biomass-to-power markets. The company also grew its international presence, and is deploying its seeds and technology in Brazil.

Financing 186

Financing Companies Energy Luxembourg 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. kWh/kg in commercial electrolysis cells).

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

SEPTEMBER 11, 2022

Piedmont Lithium has ( earlier post ) selected Etowah, Tennessee as the location of the company’s planned 30,000 metric ton per year (tpy) LHP­2 lithium hydroxide operation (“Tennessee Lithium”). Planned completion and start of production is in 2025. Current total US production of lithium hydroxide is just 15,000 tpy.

Tennessee 243

Tennessee Ghana North Carolina Financing 243

Green Car Congress

DECEMBER 19, 2011

Agilyx Corporation has secured a new round of Series C funding worth $25 million, led by new investor Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, an affiliate of Total S.A., Earlier post.). 10 pounds of plastic.

Waste 210

Waste Financing Companies Oregon 210

Green Car Congress

JANUARY 22, 2015

Green Biologics (GBL) closed an internal follow-on equity round of $42 million co-led by Swire Pacific Limited and Sofinnova Partners. This $76-million financing follows GBL’s previous equity round of $25 million in December 2013, bringing GBL’s total fund raising to just over $100 million since late 2013. based in Gahanna, Ohio.

Financing 150

Financing Green Minnesota Ohio 150

Green Car Congress

SEPTEMBER 29, 2021

The unit is currently one of the world’s leading suppliers of components for internal combustion, hybrid and electric powertrains. The product spectrum mainly includes assembled camshafts and valve train systems for conventional powertrains as well as rotor shafts for electric motors. Rotor shaft production.

International 221

International Auto Industry Manufacturer Engine 221

Green Car Congress

FEBRUARY 18, 2021

TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.

Norway 468

Norway Hydrogen Fuel Building 468

Green Car Congress

JANUARY 6, 2021

Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America. 75 MPH (Limited).

Purchase 243

Purchase Vehicles Financing America 243

The Truth About Cars

NOVEMBER 6, 2023

One of the most common refrains from automaker PR departments is “we cannot comment on future product.” Fortunately, the recent agreement between Stellantis and the UAW blew the doors wide open on that particular topic – at least for the Auburn Hills company.

Durango 98

Durango Future Production Jeep 98

Green Car Congress

DECEMBER 12, 2022

Our goal is to create and shape a new premium segment in the international market for battery cells. Existing investor Vsquared Ventures once again increased its stake in the company. Porsche, a second existing investor, also took part in the financing round.

Lithium Ion 210

Lithium Ion Porsche Financing Batteries 210

Teslarati

FEBRUARY 29, 2024

In a press release , Fisker noted that it would need to seek additional equity or debt financing to ensure that its operations could continue. Otherwise, the company noted that it would likely end up scaling back its operations, including more headcount reductions and lowered production of the Ocean. “To million from Q3 2023.

Fisker 82

Fisker Financing Companies Production 82

Green Car Congress

JUNE 1, 2018

In-wheel electric drive company Protean Electric announced the completion of a $40-million equity investment as the initial closing of its Series E funding round. The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets.

Companies 170

Companies United Kingdom Electric Electrical 170

Green Car Congress

MAY 31, 2021

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

APRIL 11, 2017

Since the start of production, the Enerkem Alberta Biofuels facility has been meeting the highest quality standards set by the International Methanol Producers and Consumers Association (IMPCA) for the production and sale of methanol. is one of Canada’s leading alternative asset management companies with approximately $2.6

Waste 150

Waste Production Financing Canada 150

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. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

Li-ion 240

Li-ion Financing Energy Batteries 240

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 This additional internal funding follows the initial €41.3-million —Taavi Madiberk, CEO and co-founder of Skeleton Technologies.

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

AUGUST 20, 2011

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. The company has been operating a demonstration-scale integrated biorefinery in Madison, Pennsylvania since 2009. Coskata Inc.,

Financing 199

Financing Pennsylvania General Motors 2011 199

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

Hydrogen 150

Hydrogen Green Waste Clean 150

Green Car Congress

DECEMBER 22, 2016

Visedo, a Finnish manufacturer specializing in electric powertrains and components, has secured a financing package of €20 million (US$21 million) to support its international growth plans. The financing consists of an equity investment of €13.5 million, an EFSI loan of €5 million and €1.5 million in funding from other sources.

Companies 150

Companies Global DC Financing 150

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.”.

Motor 321

Motor Motors Motoring Fleet 321

Green Car Congress

JANUARY 27, 2023

The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. 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.

Production 225

Production Carbon Conversion Mariner 225

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