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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

Green Car Congress

Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 Corporate funding for energy storage, smart grid, and energy efficiency companies. billion compared to $19.5 billion in 2021. Efficiency.

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Electrovaya completes C$5M financing; new Office of Chairman

Green Car Congress

completed a financing for C$5 million (US$4.96 Each share purchase warrant is convertible into one common share of the corporation. This financing provides valuable working capital for future growth, including certain strategic initiatives. Canada-based Li-ion battery maker Electrovaya Inc. issued to the lender. Clarence J.

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PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. SunRun will manage the projects.

Financing 170
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Ford Anticipates Definitive Sales Agreement with Geely for Volvo in 1Q 2010

Green Car Congress

Ford Motor Company confirmed that all substantive commercial terms relating to the potential sale of Volvo Car Corporation have been settled between Ford and Zhejiang Geely Holding Group Company Limited. More details will be made available once the expected definitive sale agreement is signed in the first quarter of 2010.

2010 186
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Reeves Callaway, Callaway Automobiles founder and CEO, dies at 75

Baua Electric

Nearest working out of finances to secure racing, he put the ones talents to paintings construction prototype turbocharger methods on a automobile borrowed from a using faculty the place he used to be operating. The corporate’s designs went on in order for Alfa Romeo, Aston Martin, Land Rover, Mazda and Normal Motors.

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Axial Vector Energy Corporation Develops Hybrid Electric Drive Train Featuring Axial Engine and New Electric Clutch

Green Car Congress

Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. The next full scale demonstration of AVEC biofuel capable engines to the joint services is scheduled for June 2010.

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Lux Research: smart grid, energy storage, and EV M&A hits $2.4B in 1H 2011; start-ups selling at bargain prices

Green Car Congress

Merger and acquisition (M&A) deals in the smart grid, energy storage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research. billion exchanged during all of 2010.