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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

Green Car Congress

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. While the new power station will supply 180% more power than the coal plant it replaces, SO 2 and NO x emissions will be reduced by more than 90%.

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Aemetis RNG production exceeds plan by 20% during Q2 2023

Green Car Congress

—Eric McAfee, Chairman and CEO of Aemetis In 2016, California Governor Gavin Newsom signed into law Senate Bill 1383, limiting the emission of methane from dairy lagoons in California, which includes approximately 1.7 Each MMBtu of dairy RNG generates 11.7 D3 RINs and the Aemetis Five Year Plan expects 1 million MMBtu in year 2025.

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Nissan and Hydro-Québec partner to expand the public charging network in Québec; 20 DC Fast Charging sites in 2015, 5 in 2016

Green Car Congress

Québec City based AddÉnergie will supply the chargers which will be manufactured at AddÉnergie’s plant in Shawinigan. The agreement aims to help finance the commissioning of 20 fast charging sites for the Electric Circuit in 2015, with five more planned for in 2016. Highway 10. Highway 15. Highway 50.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

Green Car Congress

For example, these could involve predictive maintenance, supply chain transparency or digital retail. —Lutz Meschke, Deputy Chairman of the Executive Board of Porsche AG and Member of the Executive Board for Finance and IT. The startups’ focus will revolve around Porsche’s core activities.

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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. Investments outside production are mainly planned for the areas of development, quality assurance, sales, genuine parts supply and information technology. The Volkswagen Group will invest around €62.4

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Siemens invests in Electrify America, the largest public charger in the US

Setec Powerr

Recently, Volkswagen announced that its charging station subsidiary Electrify America has completed its first round of financing, with Siemens leading the investment and Volkswagen following. billion US dollars, or about 16.4 billion yuan, making it a new energy unicorn. More charging piles, wider coverage.

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