Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Work on the site is planned to start in 2021, and the first production is expected next year. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. Earlier post.).

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Norway Hydrogen Fuel Production 243

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).

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Commercial Australia Hydrogen Denmark 307

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. This leads to inherently bubble-free operation at the electrodes.

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Hydrogen Energy Water Renewable 396

Baua Electric

FEBRUARY 7, 2024

Credit rating agency Moody’s has upgraded South Korean automotive manufacturer Hyundai Motor Company’s corporate rating to A3 with a stable outlook, from a previous rating of Baa1, with a positive outlook.

Corporation 40

Corporation Hyundai India Financing 40

Green Car Congress

DECEMBER 21, 2020

Group14 Technologies, a developer of a micronized silicon-carbon powder, tunable by design and drop-in ready, has secured $17 million in Series B funding led by SK Materials, one of the world’s top manufacturers of special gases and industrial gases, with participation from returning investor OVP Venture Partners.

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Lithium Ion Li-ion Production Washington 170

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

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Europe Batteries Battery Financing 210

Green Car Congress

AUGUST 3, 2014

which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

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Financing Energy Companies Carbon 244

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year. Earlier post.).

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Nevada Manufacturer Corporation Carbon 199

Baua Electric

JULY 13, 2023

6 billion from 800 million is important to its pivot to generating hydrogen gasoline mobile vehicles and development out HYLA, its hydrogen manufacturing and distribution community. Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees.

Delaware 52

Delaware Financing Hydrogen Gasoline-Electric 52

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6

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Parts Batteries Battery Lithium Ion 459

Baua Electric

MAY 29, 2023

On Would possibly 30, native media reported that Hengchi Automotive resumed manufacturing of its best style – the electrical SUV Hengchi 5 within the Tianjin manufacturing unit. Hengchi 5 manufacturing used to be suspended extreme hour on April 25. The corporate introduced a restructuring plan in March.

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Manufacturer Automobile Automobile Industry Corporation 52

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis. Source: CEFC.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

MARCH 17, 2020

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. TRI-AD), TOYOTA Connected Corporation, and Toyota Motor North America, Inc., and relationship-building with partner companies.

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Toyota Corporation Financing Connect 286

Green Car Congress

DECEMBER 7, 2021

Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil. is expected to complete earthworks and the concrete plant drainage channels.

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Brazil Production Financing Canada 150

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.

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Production Carbon Conversion Mariner 225

Green Car Congress

JULY 26, 2021

The financing round was led by LDV Partners and Alpha JWC Ventures. Venti provides autonomous systems such as tug-trailers for goods movement in manufacturing yards, warehouses, and logistics hubs; self-driving prime movers for the transport of shipping containers; and small luxury community transports.

Transportation 321

Transportation MIT Supplies Market 321

Green Car Congress

NOVEMBER 27, 2021

Following completion of the scoping study, the company intends to construct a demonstration scale beneficiation and hydrometallurgical plant in order to refine further the metallurgical extraction process, which will ultimately inform the design of a commercial production plant.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

SEPTEMBER 5, 2021

China National Petroleum Corporation (CNPC) recently put its first hydrogen station in Beijing into operation. Jointly built by CNPC and Beiqi Foton Motor Co., Foton), the hydrogen station covers an area of about 1,700 square meters in Changping District. In China, CNPC has 22,62 service stations.

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Hydrogen Asia Russia Africa 300

Green Car Congress

JANUARY 16, 2020

—Toyota Motor Corporation President and CEO Akio Toyoda. As the lead investor in Joby’s $590-million Series C financing, Toyota is continuing to leverage emerging technologies to provide "Mobility for All.". More details of the prototype aircraft and production plans will be announced at a later date.

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Toyota Transportation Automobile Affordable 307

Green Car Congress

OCTOBER 21, 2021

Along with Allison, FAW Group Corporation of Changchun, Jilin, China, will also participate as a strategic investor in JJE’s IPO, according to the IPO announcement from the Shanghai Stock Exchange. Earlier post.). Earlier post.).

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North America China Michigan 2008 186

Green Car Congress

AUGUST 31, 2022

FREYR Battery and Nidec Corporation finalized an expanded 38 GWh battery cell sales agreement from 2025 – 2030. Nidec will have the option to increase the cumulative offtake volumes to 50 GWh over the life of the contract, which would represent as much as 50% of projected production from FREYR’s Giga Arctic development.

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Li-ion Supplies Norway Energy Storage 150

Green Car Congress

MARCH 6, 2021

Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. Marubeni Corporation is a major conglomerate keen on advanced technology businesses and now becomes a key strategic partner for Skeleton Technologies.

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Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

MARCH 10, 2023

New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America's leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals. Series A funding propelled us from patent to pilot.

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Engine Financing North America Clean 150

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.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

JANUARY 24, 2019

Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Safran Corporate Ventures is participating in a £7-million (US$9.1-million) Source: OXIS Energy.

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Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

South Africa 186

South Africa Hydrogen Green Africa 186

Green Car Congress

MAY 16, 2022

The facility is on track to achieve full-scale production of 7 million ethanol gallons equivalent (EGE) of RNG annually by mid-summer 2022. The integration of RNG and ethanol production, unique to VERBIO, incorporates advanced operational technology to build on the company’s successful experiences in Europe.

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USA Iowa Nevada North America 195

Green Car Congress

JANUARY 24, 2023

TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions.

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Fusion Power Powered Companies 250

Green Car Congress

DECEMBER 17, 2018

million Series D to accelerate the deployment of its simple, capital-efficient, low-cost manufacturing process and the development of differentiated, high-energy-density lithium-ion cells for the EV market. The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation.

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Lithium Ion Li-ion Batteries Battery 207

Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

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Financing Commercial Michigan Corporation 210

Green Car Congress

FEBRUARY 4, 2021

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. With targeted partnerships we will accelerate the development of key technologies to bring best-in-class products to our customers rapidly.

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Companies Mercedes Cars North America 497

Green Car Congress

JUNE 7, 2021

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. It suggests that $1.4

Global 170

Global Stimulus Package Financing Stimulus 170

Green Car Congress

JANUARY 13, 2023

Graphex Technologies LLC, the US subsidiary of Graphex Group Limited, and Northern Graphite Corporation announced that Graphex will participate in Northern’s previously announced selection process for a site suitable for the construction of a large-scale graphite processing facility in Baie-Comeau, approximately 420 km north-east of Québec City.

North America 259

North America America Supplies Commercial 259

Green Car Congress

FEBRUARY 14, 2012

OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. USO is a global leader in manufacturing flexible, lightweight thin-film photovoltaic products for use in the commercial rooftop and building-integrated markets.

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Corporation Conversion Companies Sale 210

Green Car Congress

APRIL 27, 2012

Boulder Ionics Corporation, a startup that has developed a novel, high-throughput, low-cost synthesis platform for producing ionic liquid electrolytes for use in advanced energy storage devices, completed a $4.3-million million Series A financing. With this $4.3 Iolyte-U1 is currently under development.

Energy Storage 236

Energy Storage Lithium Ion Molten Salt Energy 236

Green Car Congress

SEPTEMBER 13, 2010

A123 Systems announced the grand opening of the largest lithium ion automotive battery production facility in North America, which it calls the largest, based on available data. A123 will focus on manufacturing prismatic cells and systems at the new 291,000-square-foot Livonia facility. The new plant in Livonia, Mich.

Michigan 186

Michigan Li-ion Manufacturer Lithium Ion 186

Green Car Congress

OCTOBER 7, 2011

Nesscap will use the proceeds from this financing for the establishment of a full-scale production facility for ultracapacitors and accompanying research center in the Russian Federation (US $15,000,000) and for the expansion of Nesscap’s current manufacturing and core R&D operations in Korea and for general corporate purposes (US $5,000,000).

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Russia Production Financing 2005 186