Green Car Congress

DECEMBER 23, 2013

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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Costa Rica Industrial Industry El Salvador 310

Green Car Congress

JUNE 2, 2013

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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Volt Financing Gas Power 334

Green Car Congress

NOVEMBER 11, 2011

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

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Financing Israel Denmark Australia 252

Green Car Congress

MARCH 3, 2022

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

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Hyundai Global Motor Motors 370

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. —Scott Mercer, Founder and CEO of Volta.

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Charging Financing Store Porsche 417

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer. This 200,000 sq.-ft.

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Ford Global F-150 Battery 334

Green Car Congress

SEPTEMBER 22, 2021

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

Commercial 296

Commercial Global Market Vehicles 296

Green Car Congress

JULY 3, 2012

Global Bioenergies, an industrial biology company. period), the company now has a market capitalization of ~€36 million (~US$45.3$). Finance research on other molecules. Global Bioenergies is developing a process to convert renewable resources into hydrocarbons through fermentation via a synthetic metabolic pathway.

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Global Financing Convert 2013 231

Green Car Congress

JANUARY 3, 2019

a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. Marathon, based in New York, NY, is an opportunistic global credit event-driven manager with approximately $15 billion in assets under management. Workhorse Group Inc.,

Financing 259

Financing Purchase Energy Battery 259

Green Car Congress

JULY 30, 2021

Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 million in new financing. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology.

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Minnesota Commercial Clean Cleaning 482

Green Car Congress

DECEMBER 23, 2010

completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. As the global growth in lithium ion batteries for transportation and energy storage applications. Canada-based Li-ion battery maker Electrovaya Inc. issued to the lender.

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Financing Li-ion Energy Storage Lithium Ion 218

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The technology has been vetted and validated, technically and financially, by leading global institutions including the US Export-Import Bank, Barclays and Deutsche Bank, and Shell New Energies’ gasification experts.

Waste 345

Waste Hydrogen Green California 345

Green Car Congress

MARCH 31, 2020

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

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Companies Malta New York City Financing 243

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Energy Coal 2020 344

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.).

Porsche 243

Porsche Chile Global Industrial 243

Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243

Financing Renewable Wind Energy 243

Green Car Congress

JUNE 14, 2021

German companies are very interested in participating in hydrogen projects in Australia, including as suppliers of electrolyzers. The German-Australian cooperation gives German companies the opportunity to export technology. Co-financing of an AUS-DEU H 2 incubator for applied research. Co-financing of “HydrogenHubs”.

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Australia Germany Hydrogen Green 334

Green Car Congress

MARCH 6, 2012

Virdia, formerly HCL CleanTech, a developer of cellulosic sugars, announced a number of major company milestones, including a new brand and CEO, its latest funding round, and a $75-million deal with the Mississippi Development Authority to build manufacturing plants in the state. Earlier post.)

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Mississippi Building Companies 2007 199

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF.

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Energy Storage Global Market Energy 259

Green Car Congress

NOVEMBER 21, 2013

Global Bioenergies will construct its second industrial pilot on the site of the Leuna refinery, close to Leipzig in Germany. The company’s German subsidiary, Global Bioenergies GmbH, located in the Bio-City building in Leipzig, was awarded the €5.7-million —Marc Delcourt, CEO of Global Bioenergies SA.

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Grant Germany Global Industrial 225

Green Car Congress

SEPTEMBER 23, 2013

Pinto Energy LLC (Pinto), a developer of smaller scale Gas-to-Liquids (GTL) facilities, will build a 2,800 barrel per day (bpd) GTL plant at Pinto’s 80-acre industrial site to the east of Ashtabula, Ohio. The company has agreed to commercial license terms with Velocys and made a down payment towards the FT reactors.

Building 252

Building Energy 2013 Gas 252

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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GM Companies Battery Batteries 218

Green Car Congress

NOVEMBER 17, 2014

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. This marks the first fermentative production of isobutene outside of Global Bioenergies’ R&D laboratories located in Evry near Paris. Earlier post.).

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Industrial Industry Global Production 218

Green Car Congress

OCTOBER 24, 2011

Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.

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Climate Change Climate Global Energy 360

Green Car Congress

JANUARY 5, 2011

Qteros also announced that it has closed the initial tranche in its Series C financing. The completion of this $22M financing is expected to provide sufficient funding to accelerate its development and commercialization plans. India-based Praj Industries Limited and Qteros, Inc., and Chairman, Praj Group.

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Financing Commercial Industrial Industry 170

Green Car Congress

JANUARY 20, 2021

BNEF’s analysis shows that companies, governments and households invested $303.5 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Passenger EVs were responsible for the bulk of outlays on electrified transport globally.

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2020 Global Energy United Arab Emirates 259

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 Most of this (56%) will be put towards building 1.2

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

OCTOBER 20, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. billion compared to $1.2

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2020 Grid Companies 2019 221

Green Car Congress

MAY 31, 2021

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

Financing 296

Financing Climate Stimulus Climate Change 296

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

Global 195

Global North America Hydrogen Fuel 195

Green Car Congress

MARCH 17, 2020

The Blockchain Lab has moved forward with initiatives for using blockchain technology including, to date, verifying the usefulness of the technology through demonstration trials, and global collaboration with Group companies. In this regard, Toyota Blockchain Lab will expand collaborations more with its various partner companies.

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Toyota Corporation Financing Connect 286

Green Car Congress

FEBRUARY 2, 2021

SK Innovation will initially invest US$1.148 billion in SK Battery Hungary (SKBH) to build its third European factory in Iváncsa, Hungary, with a production capacity of 30 GWh per year. The company plans to finance the project externally according to the construction schedule. billion ultimately to be spent in construction.

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Hungary Building Battery Batteries 186

Green Car Congress

MAY 14, 2021

AlphaStruxure is a joint venture between the Carlyle Global Infrastructure Opportunity Fund and Schneider Electric. AlphaStruxure will design, build, finance, own and operate the project to enable Ride On’s growing electric bus fleet. Mortenson will provide construction services and Arup will serve as engineer of record.

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Maryland Charging USA Fleet 381

Green Car Congress

JUNE 30, 2017

Global Bioenergies, the developer of a process to convert renewable resources into hydrocarbons through fermentation, has completed a private placement with qualified French and international investors. million), representing 17.48% of the company’s share capital. million (US$11.7

Global 150

Global Convert Financing Germany 150

Green Car Congress

NOVEMBER 24, 2015

Global Bioenergies has reached two milestones—the labscale performance and the industrial process scale-up—of its process to produce renewable isobutene, one of them more than 2 months in advance. The BioMA+ project is financed by the ADEME in the context of the French “Investissements d’Avenir” State program.

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Renewable Global Convert Financing 150

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. The company is committed to becoming a FCEV solution provider by creating a business cluster across the entire hydrogen ecosystem in China. Shanghai Sunwise New Energy System Co.,

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Hyundai Commercial China Fuel 356