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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position in the electrification of commercial vehicles while funding its backlog and facilitating more pilot programs with operators.

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

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ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. —Pasquale Romano, President and CEO of ChargePoint. Goldman Sachs & Co.

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Fuji Electric to offer zero-down, zero-interest financing program for fast charging stations in US

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to offer Financing Programs on their DC Quick Charging Stations for Electric Vehicles. The program offers zero-down, zero-interest financing in an effort to offset the cost of equipment and encourage small businesses to install charging stations at their sites. Fuji Electric Corp. Earlier post.)

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Audi, along with ETOGAS, is building the first commercial-scale demonstration plant (6.3 Financing Project VGV: the Green Redemption Fund.

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Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

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a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. Leyden Energy, Inc., The company closed a $20-million Series B round in August 2011.

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Ideanomics to acquire wireless charging provider WAVE

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Deployed since 2012, WAVE has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers. WAVE has become a market leader in inductive charging systems, which are much better suited for commercial EVs than plug-in charging systems.

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Praj Industries and Qteros partner to accelerate global commercialization of cellulosic ethanol; Qteros closes Series C financing tranche

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the developer of a Consolidated Bioprocessing (CBP) platform for low-cost production of cellulosic ethanol using the Q-microbe ( earlier post ), have formed a strategic partnership to accelerate commercialization efforts for industrial-scale cellulosic ethanol production. India-based Praj Industries Limited and Qteros, Inc.,

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