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

Green Car Congress

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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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%

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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.

Africa 481
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Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

Green Car Congress

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). Hodges et al.

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Nornickel, Rosatom and FESRC to design and build LNG-icebreaker to escort Nornickel ships along Northern Sea Route

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The entire route lies in Arctic waters and within Russia’s exclusive economic zone (EEZ). The parties will form a working group to develop terms of reference for the LNG icebreaker design and construction, select a shipyard, and consider financing options.

Design 195
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

In a region known for long, dark winter nights, Polar Night Energy is building a system in the city of Tampere that can heat buildings with stored solar energy — all day, all night, and all winter long. Out of Finland’s energy-related emissions, 82 percent come from heating domestic buildings (Ref.

Store 93
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Used as a soil amendment, its CoolTerra biochar product also increases crop productivity and plant health while reducing water and fertilizer requirements.

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