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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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Euro Manganese enters offtake term sheet with battery-maker Verkor

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Euro Manganese has entered into an offtake term sheet with Verkor , a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulfate monohydrate (HPMSM) from the company’s Chvaletice Manganese Project in the Czech Republic. Earlier post.) The term sheet is non-binding.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). K1 is Ceylon Graphite’s first exploration project and operates under the Sarcon Development legal umbrella. Vancouver-based Ceylon Graphite Corp.

Sri Lanka 417
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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Ellex Raidla acted as legal advisors to Skeleton Technologies.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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a pioneer in materials science and renewable energy technologies, today voluntarily filed a petition for relief under Chapter 11 in the US Bankruptcy Court for the Eastern District of Michigan. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. 51-year-old Energy Conversion Devices, Inc. Earlier post.)

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EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

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In further comments on the EC strategy, the ministers urged all stakeholders to use electricity generated from safe and sustainable sources of energy, including renewables, for charging electric vehicles by smart meters and building of smart grids, while recognizing differences in energy sectors of Member States.

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