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. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

MAY 8, 2022

All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company.

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

JANUARY 27, 2022

Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.

Companies 186

Companies Financing Cars Auto 186

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

NOVEMBER 13, 2021

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia. Eramet will control the project, with a 50.1%

Argentina 335

Argentina Building Chinese Financing 335

Teslarati

DECEMBER 28, 2021

Tesla’s leadership status as king of the electric vehicle sector has been established through several years of innovation and the company’s ability to influence an entire industry. Finance to discuss what is priming companies for the future, along with where they rank in terms of preparedness.

Building 145

Building Future Industrial Industry 145

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. Sinobioway is a leading Chinese company engaged in the bio-economy. Earlier post.).

Financing 199

Financing Waste Companies Canada 199

Teslarati

JANUARY 8, 2024

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

Auto Industry 97

Auto Industry Industrial Industry Auto 97

Green Car Congress

MARCH 9, 2017

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.

Financing 150

Financing Companies Italy 2016 150

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.

Companies 243

Companies Malta New York City Financing 243

Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

GM 195

GM Batteries Battery Companies 195

Green Car Congress

DECEMBER 6, 2021

Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. Both companies will also explore the possibility of locating a steelmaking facility capable of producing between 2.5 and 5 million tonnes of green steel plate per year on the same site.

Green 304

Green Hydrogen Building Financing 304

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.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

JANUARY 21, 2023

In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250

Fusion Power Powered Companies 250

Green Car Congress

APRIL 6, 2021

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170

Hydrogen Plug-in Clean Cleaning 170

Green Car Congress

OCTOBER 12, 2019

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership.

Industrial 285

Industrial Industry Manufacturer North America 285

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s green fuels are chemically identical to fossil fuels, with one of the lowest capital costs in the industry.

Financing 225

Financing Renewable Companies Fuel 225

Green Car Congress

JUNE 23, 2022

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195

Wind Hydrogen Emissions Building 195

Green Car Congress

JULY 31, 2014

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. The company employs 28. million (US$5.4

Financing 247

Financing Manufacturer Estonia Germany 247

Green Car Congress

SEPTEMBER 6, 2021

Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. The company is ramping up its shipping volumes to prevent delays in its strategic investment projects in the Norilsk Industrial District.

Design 195

Design Building Russia Fleet 195

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”.

Australia 334

Australia Germany Hydrogen Green 334

Green Car Congress

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

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.

Hungary 186

Hungary Building Batteries Battery 186

The Truth About Cars

APRIL 16, 2024

Automakers have an impact on industries that reach far beyond cars and drivers. Real estate is one area where the sector has a significant footprint, and one of the industry’s biggest names is making waves in Detroit’s downtown. GM owns five of the seven RenCen towers, and its absence will open quite a vacancy in the complex.

General Motors 100

General Motors Detroit Motor Motors 100

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. Unlike other renewable energy sources, hydrogen can fuel hard-to-decarbonize heavy industrial sectors like steel, heavy transport, and cement. Hydrogen can also reduce and potentially replace natural gas in all applications.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

JUNE 8, 2022

The Stuttgart-based sports car manufacturer has agreed with the US company on a three-year cooperation aimed at establishing six companies from 2023 to 2025 with new business models in various areas of mobility. Porsche is expanding its venturing network by collaborating with UP.Labs, a new model for fostering innovative startups.

Porsche 150

Porsche Los Angeles Building Financing 150

Green Car Congress

MARCH 11, 2022

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

Green 199

Green Companies Switzerland Denmark 199

Green Car Congress

MARCH 11, 2021

Through the initiative in Narvik, the company contributes to the Norwegian government’s ambition that Norway should build a complete value chain for the utilization of hydrogen as an energy carrier. We truly appreciate the interest and all the input, but the former REC building is highly advanced and perfect for us. Narvik Bay.

Norway 243

Norway Hydrogen Production Fuel 243

Green Car Congress

JANUARY 3, 2012

The BASF subsidiary led a $50-million financing round, joined by new and existing investors. With this patented process, BASF notes, industrial sugar can be produced from lignocellulosic biomass (wood, cane trash or straw) in large quantities and at competitive cost from non-edible plant mass. —Mike Hamilton, Renmatix CEO.

Financing 231

Financing Companies Renewable Water 231

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). New project announcements have increased the resource under development to about 30,000 MW.

Costa Rica 310

Costa Rica El Salvador Industrial Industry 310

Green Car Congress

APRIL 30, 2023

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210

Energy Financing Renewable Denmark 210

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.

Volt 334

Volt Financing Gas Power 334

Green Car Congress

FEBRUARY 10, 2018

have established a partnership to provide platform services for the taxi industry. The partnership will utilize DiDi’s advanced AI technologies to build ride-hailing platforms to enhance efficiency for both taxi operators and drivers. Didi Chuxing, the world’s leading mobile transportation platform, and SoftBank Corp. Source: DiDi.

Taxi 186

Taxi Japan Industrial Industry 186

Baua Electric

MARCH 1, 2024

New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. The JV plans to invest INR 7,600 crore in five years.

Building 52

Building Thailand Auto India 52

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.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

JULY 12, 2013

Global Bioenergies, an industrial biology company developing light olefin bioproduction processes ( earlier post ), closed its capital increase launched 27 June 2013, raising a final gross value of €23 million (US$30 million). The capital increase originally resulted in a total order for 1.15 The initiation of new programs.

Light 231

Light Global Companies Convert 231