article thumbnail

ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318
article thumbnail

Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
article thumbnail

Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

Green Car Congress

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds.

Financing 236
article thumbnail

ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

Green Car Congress

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. The ClearFlame solution leverages diesel-style mixing-controlled compression ignition (MCCI). The new funding will help ClearFlame deploy pilot Class 8 trucks with its patented technology.

Diesel 321
article thumbnail

EcoDual partners with VFG to provide financing for dual-fuel natural gas conversions

Green Car Congress

EcoDual, LLC, a provider of diesel-to-natural-gas dual-fuel conversion systems for heavy duty diesel powered trucks has partnered with Vision Financial Group (VFG) to provide lease-to-own financing options for fleet owners seeking to convert to natural gas operation.

Financing 225
article thumbnail

Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

Green Car Congress

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Aemetis, Inc.

Renewable 186
article thumbnail

Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. The remaining 67% is made up of fossil fuel.

Gasoline 492