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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. Citigroup served as sole private placement advisor and Wilson Sonsini Goodrich & Rosati served as FreeWire’s legal advisor on the transactions.

Charging 195
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Velocys in strategic alliance with Morimatsu for modular, lower cost GTL and BTL plants

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Its fabrication facilities include five plants in Japan and three in China with more than 800,000 m 2 of floor space. Velocys expects the terms of the MOU to be reflected in legally binding documentation within the next few months. Its clients include the world’s leading players in these industries.

2016 150
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Bank of America joins Stanford’s Global Climate & Energy Project

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The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. About 40% of the awards have gone to non-Stanford researchers at 39 institutions in the United States, Australia, China, Japan and Europe.

Climate 218
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Energy ministers agree to help speed up global deployment of carbon capture and storage

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The following governments agreed to continue or initiate action in support of one or more of these recommendations by the next Clean Energy Ministerial: Australia, Canada, France, Germany, Japan, Mexico, Norway, Republic of Korea, South Africa, the United Arab Emirates, the United States and the United Kingdom.

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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

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Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. It is simply not acceptable that major developed nations such as the US are not behind a global agreement.

Emissions 210
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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

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Non-Annex I actions may be (partially) financed by Annex I2. Among the findings of the report: The current proposals by the EU, the United States and Japan are about 5 to 15% lower than required to meet the 2 °C objective, which was accepted by the G8 in July.

Climate 186
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant suggests that, since the automakers have already designed the vehicles that they will be selling in 2018, they will become more vocal in 2014 to push for changes; the firm expects the dispute to escalate, perhaps resulting in legal action. The result is a marketplace that is more competitive with better products. H2USA, the new U.S.

2014 346