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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243
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Aqueous hybrid-ion battery company Aquion completes $55M financing round

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a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aquion will begin shipping production units to customers in the first half of 2014 from its manufacturing facility in Westmoreland County, Pennsylvania.

Financing 301
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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are launching a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Neo Performance Materials and Energy Fuels Inc.

Energy 186
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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment.

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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218
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Gevo to deploy Shockwave process to lower the carbon intensity of its ethanol, isobutanol

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has entered into two separate operating leases and service agreements with Shockwave LLC to install Shockwave’s Thermodynamic Corn Fractionation Process as well as related technology and equipment at Gevo’s production facility in Luverne, MN. The Shockwave Process is expected to be operational during the first quarter of 2019.

Carbon 186
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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.