Remove Carbon Remove Diesel Remove Financing
article thumbnail

ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318
article thumbnail

Gevo closes $68M Green Bond to finance RNG project

Green Car Congress

has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

Green Car Congress

in collaboration with Grütter Consulting , has launched a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. Westport and CWI natural gas powered vehicles sold since 1 January 2009 will be eligible for carbon credits based on an agreed price per tonne.

Carbon 199
article thumbnail

DOE not proceeding with ATVM loan for Carbon Motors; company exploring strategic and financing alternatives

Green Car Congress

Carbon Motors Corporation, developer of a diesel-engined law enforcement vehicle ( earlier post ), announced that the US Department of Energy (DOE) has indicated that it will not proceed with Carbon’s $310 million application for a direct loan under the Advanced Technology Vehicle Manufacturing (ATVM) program. —William Li.

Financing 231
article thumbnail

ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

Green Car Congress

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. The ClearFlame solution leverages diesel-style mixing-controlled compression ignition (MCCI). The new funding will help ClearFlame deploy pilot Class 8 trucks with its patented technology.

Diesel 321
article thumbnail

UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” The sale of hybrid cars will be allowed until 2035.

Gasoline 304
article thumbnail

Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. The remaining 67% is made up of fossil fuel.

Gasoline 492