article thumbnail

BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243
article thumbnail

Wells Fargo to offer financing for EnTech’s eSkid EV fleet charging platform – Charged EVs

Baua Electric

EV charging provider ChargePoint , energy solutions provider EnTech Solutions and bank Wells Fargo are collaborating to offer flexible financing solutions for businesses building charging infrastructure for EV fleets.

article thumbnail

TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. Financing alternatives are being evaluated. gigawatt, per year. Expected investment is nearly €100 million over approximately ten years.

Norway 468
article thumbnail

Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

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. interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9%

Argentina 335
article thumbnail

CEC report finds California needs 1.2M public and shared EV chargers by 2030; 73k installed to date

Green Car Congress

Building over a million chargers by 2030 is ambitious, but it’s also an opportunity to create good jobs and showcase California’s can-do spirit. More than 73,000 public and shared chargers have been installed to date, with an additional 123,000 planned by 2025. —CEC Commissioner Patty Monahan.

article thumbnail

Asahi Kasei to build Li-ion battery separator plant in Canada – Charged EVs

Baua Electric

Canadian separator business company ES Materials Canada and E-Materials Canada, its local manufacturing company responsible for plant construction and manufacturing, will provide financing.

Li-ion 52
article thumbnail

EV charging network builder Volta announces $125M in Series D funding

Green Car Congress

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.

Charging 417