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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

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Workhorse Group applies for $250M loan from DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

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the developer of a plug-in electric pickup truck ( earlier post ), has applied for a $250-million loan from the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing ( ATVM ) Loan Program. Workhorse CEO and President Stephen Burns said that the company has received letters of intent to purchase more than 5,000 W-15s.

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CCM: LiPF6 industry in China may face overcapacity in 2017

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However, according to market analyst firm CCM , based on the current planned capacity expansions, the LiPF 6 industry may face overcapacity in 2017. The company plans to launch and complete a new 3,000t/a liPF 6 project in 2017, resulting in Do-Fluoride Chemicals LiPF 6 capacity of 6,000t/a in 2017.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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PEV Sales in China by segment: 2012-2017. However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. Source: Pike Research. Click to enlarge. Market development. that are small in size.

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Northvolt progressing towards European battery Gigafactory

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The facility will enable fully process representative manufacturing and allow a faster and more efficient time to market for unique formulations, cell formats and technology. It also marks the first step towards the creation of a European value chain for large-scale battery cell manufacturing. Earlier post.) Nemaska Lithium Inc.

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BioAmber signs bio-BDO 15-year off-take contract with Vinmar for planned 100,000 ton plant

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Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase 100% of the BDO produced in a 100,000-ton-per-year capacity plant that BioAmber plans to build in North America and commission in 2017. Vinmar also plans to invest in the BDO plant alongside BioAmber.

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