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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

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The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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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.,

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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Get H2 partners propose green hydrogen pipeline in Europe

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Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. From 2024 this will be used to supply the bp refinery in Gelsenkirchen. The IPCEI program can finance the network construction in part. In Lingen (Emsland) RWE produces green hydrogen via an electrolysis plant.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

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The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. Li-Cycle Holdings Corp.

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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

Because of the support of Tata Motors — the passenger and commercial vehicle business, along with JLR — we were able to build the whole ecosystem for EVs,” he said. They have leveraged this relationship to supply seating systems to the railways, which is why the Vande Bharat range of trains have seats from Tata AutoComp.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Our aim is to achieve a sustainable energy system with secure supplies and affordable electricity. More than 90% cite affordability and security of supply as the biggest challenges to a successful energy transition. To guarantee their supply commitments, they must secure their capacity with flexible power plants or with storage.

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