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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

Green Car Congress

QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company.

Companies 468
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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012. Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. Global exploration funding is expected to be $3 billion in 2012. Downstream.

Chevron 170
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Advanced furoate esters biofuel company xF Technologies appoints Tom Stephens to board

Green Car Congress

Tom’s in-depth knowledge of the automotive and transportation industry, gleaned from his 43-year career at General Motors, will be invaluable in helping xF Technologies chart a course that meets the needs of the auto OEMs while reducing emissions through the production of cleaner burning advanced biofuels. xF Technologies Inc.,

Companies 150
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Nevs in strategic cooperation with China’s State Grid for EVs

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State Grid Corporation of China (SGCC) was established as a state-owned enterprise on 29 December 2002. As the largest public service company in the world, SGCC ranked 7 th on Fortune Global 500. SGCC constructs and operates power grids as its core business, to provide safer, cleaner, and more economic and sustainable power supply.

Grid 150
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Niagara Falls Maid of the Mist vessels going battery-electric; ABB power and propulsion

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Designed by Propulsion Data Systems, the new totally integrated vessels are currently under construction by Burger Boat Company in Manitowoc, Wisc. The Niagara Power Project has been a long time partner to the Maid the Mist and we are pleased to support the Maid going electric and making our environment cleaner and greener with every trip.

Power 319
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Air Products to supply hydrogen and other gases for Bharat Petroleum Kochi refinery expansion project; company’s first H2 production in India

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Air Products has signed a long-term agreement with Bharat Petroleum Corporation Limited ( BPCL ) and will build, own, and operate several new industrial gas production facilities in Kochi, Kerala, India. The company reported $41 billion in annual sales and total assets of $7.4 billion on their 2012 financial statements.

India 218
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Air Products to increase supply of H2 to Marathon’s Garyville, La. refinery by 25 MMscf/day

Green Car Congress

Air Products will increase the supply of hydrogen to Marathon Petroleum Company LP, a subsidiary of Marathon Oil Corporation (NYSE: MRO), at Marathon’s Garyville, La. The increased supply of hydrogen, required to meet production demands at the refinery, will occur in two increments with the first in 2011, and the second in 2012.

Supplies 170