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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

Green Car Congress

In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. They have a combined 2022 Adjusted EBITDA of $260 million.

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Park City Transit deploying six Proterra electric buses; battery-lease financing model

Green Car Congress

Selected to serve the region’s renowned ski resort community, the Proterra fleet supports Park City’s and Summit County’s transition toward renewable energy and the reduction of its overall carbon footprint. buy the bus, lease the battery.

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Zero Carbon Lithium company Vulcan acquires geothermal plant; brine offtake agreement with geox

Green Car Congress

Purchased for approximately €31.5 The acquisition of the Insheim Plant is consistent with Vulcan’s strategy to acquire and upgrade existing brownfield renewable energy and brine infrastructure and to de-risk and grow our Zero Carbon Lithium Project. —Vulcan’s Managing Director Dr. Francis Wedin. Brine offtake.

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ZeroAvia and MONTE strike deal for 100 hydrogen-electric powertrains to enable zero-emission aircraft leasing

Green Car Congress

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. Under the deal, MONTE will purchase up to 100 ZA600 powertrains to be installed on existing and new Cessna Caravan, DHC-6 Twin Otter, Dornier 228 and HAL-228 aircraft.

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Gevo and Trafigura enter into long-term contract for low-carbon premium gasoline and sustainable aviation fuel; 25M gpy

Green Car Congress

entered into a binding renewable hydrocarbons purchase and sale agreement with Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd. This commitment will support Trafigura’s efforts to develop the market for low-carbon fuels including low-carbon premium gasoline. —Patrick Gruber, CEO of Gevo.

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