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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

Green Car Congress

million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

Grant 345
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Pennsylvania DEP awards nearly $517,000 in clean diesel grants

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The Pennsylvania Department of Environmental Protection (PA DEP) awarded $516,637 in clean diesel grants to four organizations. Recent monitoring indicates these counties’ particulate matter levels are meeting the standards, but continuous compliance must occur before EPA will grant an attainment designation.

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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. million dollar cost matching grant from the State of Florida.

Florida 186
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AMPLY Power saves up to 40% on energy costs for Tri Delta Transit electric buses

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Charging-as-a-service provider AMPLY Power is managing the charging of electric buses for Eastern Contra Costa Transit Authority, which is operating under the name Tri Delta Transit. AMPLY expects savings to increase as Tri Delta Transit expands its electric bus fleet in the future.

Energy 481
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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Battery production capacity equivalent to 18 million electric cars—1.2 T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Europe must act or risk losing it all.

Companies 430
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Azure Dynamics reports progress in restructuring

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Azure Dynamics, a developer and producer of hybrid-electric and electric components and powertrain systems for commercial vehicles, has provided an update on the status of its restructuring. The Supreme Court of British Columbia granted the initial order; Ernst & Young Inc. Earlier post.)

Grant 218
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UCLA orders all-electric shuttle bus powered by Motiv Power Systems

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The University of California, Los Angeles (UCLA) has placed an order for a new all-electric shuttle bus powered by Motiv Power Systems ’ All-Electric Powertrain. This battery-electric buse is the first Motiv powered shuttle bus to operate on a university campus.