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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2 million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding.

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Global Bioenergies obtains €4.4M loan to complete financing of demo plant, begins construction

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million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 From its foundation in 2009, Skeleton has grown from 4 to close to 200 people working for the company.

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Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

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in collaboration with Grütter Consulting , has launched a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. Westport and CWI natural gas powered vehicles sold since 1 January 2009 will be eligible for carbon credits based on an agreed price per tonne.

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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. Earlier post.) Department of Energy (DOE) and a $2.5

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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has acquired 100% of the outstanding shares of OMVL SpA and OMVL’s 51% share of Juniper Engines Inc. Ian Scott, President of Juniper Engines, will manage the combined companies while Maurizio Grando, Managing Director of OMVL, will continue to manage the Italian operations. In 2009, Juniper Engines introduced its new 2.0-liter

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Global Bioenergies receives €740K from OSEO to create a pre-industrial strain

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Global Bioenergies, an industrial biology company that develops sustainable routes to light olefins, announced a new €740,000 (US$952,000) financing from OSEO , a French SME-funding state agency, to support the creation of an isobutene production strain compatible with industrial pilot testing. Earlier post.).