Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Carbon Fuel Financing Hydrogen 418

Green Car Congress

MAY 3, 2023

announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc. The fuel cells will also produce a net 2.3

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Renewable Hydrogen Supplies North America 199

Green Car Congress

JUNE 29, 2023

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that its Aemetis Biogas subsidiary is operating the Central Dairy Project production facilities 24 hours per day, seven days per week, and has exceeded the RNG production plan by approximately 20% during Q2 2023.

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Production Renewable Grant California 195

Green Car Congress

MAY 10, 2022

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. GW by 2025 and to increase capacity further by 2030 in line with projected demand for renewable hydrogen.

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Manufacturer Hydrogen Russia Clean 366

Green Car Congress

JUNE 21, 2021

Aemetis 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. Earlier post.)

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Renewable Carbon Diesel Engine 186

Teslarati

JANUARY 15, 2024

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”

Coal 133

Coal Renewable Global Wind 133

Green Car Congress

DECEMBER 24, 2021

The US Department of Energy (DOE) has released a new Request for Information (RFI) on the scale-up and demonstration of renewable fuels. The RFI also seeks information on how DOE can best assist biofuels production stakeholders in their research and development and scaling up of their technologies through demonstration scale.

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Renewable Fuel Mariner Diesel 186

Green Car Congress

DECEMBER 8, 2021

Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland. With protein and corn oil co-product sales, Net-Zero 2 is estimated to generate gross revenues of approximately US$350 million per year.

Renewable 186

Renewable Supplies Fuel Switzerland 186

Green Car Congress

MARCH 7, 2023

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

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Companies Battery Batteries Production 430

Green Car Congress

JULY 1, 2022

Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. These cost hikes mark a rough patch for renewables, but not an inflection point. —Amar Vasdev, a co-author of the report at BNEF.

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Cost Of Renewable Wind Egypt 210

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. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU.

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Germany Hydrogen Green Climate Protection 382

Green Car Congress

JUNE 3, 2019

LevelTen Energy , a renewable energy procurement platform, closed a $20.5-million As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors. LevelTen Energy will use this latest investment to expand its suite of products and services in North America and Europe.

Renewable 223

Renewable Energy North America America 223

Green Car Congress

AUGUST 12, 2020

million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. Following scheduled production startup in 2022, ExxonMobil plans to distribute the renewable diesel within California and potentially to other domestic and international markets.

Clean 186

Clean Cleaning Renewable Diesel 186

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). As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.

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Porsche Chile Global Industrial 243

Green Car Congress

DECEMBER 11, 2022

Many new vehicles that leave the Audi plants in Germany are delivered with R33 fuel—a blend comprising one-third renewable components. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. HVO (hydrotreated vegetable oil)—and 7% biodiesel.

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Gasoline Germany Audi Diesel 492

Green Car Congress

JANUARY 28, 2022

This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. from the year prior.

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Carbon Transportation Global 2020 418

Green Car Congress

JULY 12, 2023

All eyes now focus on the second pilot, where our engine will power a real customer with a renewable low carbon fuel. —Robert Schanz, ClearFlame Vice President, Research & Development Phase two testing in conjunction with ComEd, an Exelon company in Illinois will be the next step in the product development process.

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Illinois EPRI Clean Cleaning 370

Green Car Congress

JUNE 11, 2022

The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. ACES Delta is a joint venture between Mitsubishi Power Americas and Magnum Development.

Energy Storage 415

Energy Storage Clean Cleaning Hydrogen 415

Green Car Congress

DECEMBER 6, 2021

Green hydrogen from the new plant will power a direct reduced iron (DRI) furnace with a capacity to produce around 2 million tonnes per year of pure pig iron, which would allow the production of green steel with a 95% reduction of CO 2 emissions. The estimated investment is €2.3billion.

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Green Hydrogen Building Financing 304

Green Car Congress

APRIL 30, 2023

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210

Energy Financing Renewable Denmark 210

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). —Gerry Swiegers. Hoang, A.L.,

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Hydrogen Energy Water Renewable 396

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

NOVEMBER 26, 2019

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

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Coal Clean Cleaning Financing 243

Green Car Congress

SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. New investors include Sustainable Conversion Ventures, which focuses on renewable fuels and chemicals investments.

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Financing Light Companies CO2 218

Green Car Congress

MAY 11, 2017

Renewable Energy Group will acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer. With the recent increase in production at REG’s Geismar site and the growing market demand for renewable hydrocarbon diesel, we believe now is the right time to evaluate capacity expansion opportunities.

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Renewable Diesel Louisiana Illinois 150

Green Car Congress

AUGUST 16, 2023

Advanced Ionics , the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5-million million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.

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Water Hydrogen Green Mitsubishi 195

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.

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Financing Power Powered Gas-Electric 210

Green Car Congress

MARCH 10, 2023

ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

Engine 150

Engine Financing North America Clean 150

Green Car Congress

MAY 16, 2022

The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. The facility is on track to achieve full-scale production of 7 million ethanol gallons equivalent (EGE) of RNG annually by mid-summer 2022. However, production to date has not exceeded 0.6

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USA Nevada Iowa North America 195

Green Car Congress

MAY 31, 2021

—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

MARCH 13, 2021

From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The IPCEI program can finance the network construction in part.

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Hydrogen Green Europe Gas-Electric 435

Green Car Congress

MAY 23, 2023

NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products as the nominated contractor and system integrator for the entire facility. Air Products has already awarded major contracts to various technology and construction partners.

Hydrogen 186

Hydrogen Green Companies Financing 186

Green Car Congress

JUNE 15, 2022

ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen per year (Mtpa) by 2030, underpinned by around 30 gigawatts (GW) of new renewable power generation capacity, as its first milestone.

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India Hydrogen Green Industrial 150

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. That’s why our partnership with SGH2 is so important. This is game-changing technology.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

JULY 30, 2023

Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, Support clean energy, clean technology, or renewable energy.

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Canada Fuel Climate Change Financing 150

Green Car Congress

JANUARY 14, 2022

LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

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Climate Diesel Renewable Financing 273