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BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices

Green Car Congress

billion financing transaction in exchange for a silicon carbide device capacity corridor. This agreement, combined with our most recent announcement of a multi-billion-dollar materials expansion in North Carolina, confirms the industry transition from silicon to silicon carbide is well underway.

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Fulcrum BioEnergy demonstrates integrated process to convert MSW to jet and diesel; $4.7M DoD grant to begin plant engineering

Green Car Congress

Fulcrum’s fully-integrated processes for converting MSW to jet fuel, diesel and ethanol have been proven and demonstrated at Fulcrum’s demonstration facility located in Durham, North Carolina. million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel.

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Highland Electric Transportation raises $253M to accelerate electrification of school fleets

Green Car Congress

The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. For example, Maryland offers grants for zero-emission school buses. State governments are supporting the switch to electric vehicles as well.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

Green Car Congress

TRI’s multi-feedstock demonstration plant in Durham, North Carolina has run for more than 10,000 hours, and has successfully shown that the syngas it produces is well-suited to the FT process and upgrading to ASTM-certified fuels. The agreement is not exclusive on either party. Earlier post.) Earlier post.)

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

The project objective is to construct a new, commercial-scale lithium materials processing plant at Kings Mountain, North Carolina, that uses sustainably extracted spodumene minerals from the site’s lithium mine. Albemarle US , Kings Mountain Lithium Materials Processing Plant, $149,658,312. Li 2 O spodumene concentrate.

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

Green Car Congress

million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel. Fulcrum matched this DoD grant with $4.7 USDA is negotiating three additional loans for biorefineries in Iowa, North Carolina and Oregon. In 2013, Fulcrum was awarded a $4.7-million

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Charlotte Launches Electric Bus Pilot Testing 18 Electric Buses From 3 Companies

CleanTechnica EVs

City of Charlotte residents can breathe easier knowing soon that the Charlotte Area Transit System (CATS) transit buses covering the region will become all-electric, supported by a first-in-the-nation energy modeling and financing partnership with Duke […].