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Fuelin’ Around: Chevron Buys Hess

The Truth About Cars

While coverage of high finance isn’t generally a top priority of this site – we know most of you lot would rather read about Murilee’s latest Junkyard Find and, to be honest, so would I – any deal involving a pair of major fuel station brands is worth more than a passing mention. & [Images: Chevron, Hess] Become a& TTAC& insider.

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Tesla is still a popular choice for short-sellers

Teslarati

Tesla is still a widely popular choice for short-sellers, according to Hazeltree’s report that listed the stock, along with Chevron, as its most shorted large-cap securities for the month of March. Both Tesla and Chevron held a Hazeltree Crowdedness Score of 99. Disclosure: Joey Klender is a TSLA Shareholder.

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Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

Green Car Congress

Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. Chevron and lignin for fuels. Chevron says tests have shown that this produced water does not inhibit the lignin conversion. Earlier post.)

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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

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Solazyme Raises $52M in Series D Financing Round

Green Car Congress

a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. Solazyme, Inc., Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

In 2022, TAE announced it had exceeded its fusion reactor performance goals and had closed a $250-million financing round from investors Google, Chevron, and Sumitomo Corporation, among others, bringing its total raised to date to $1.2 billion.

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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

Green Car Congress

Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018. There were no debt and public market financing deals announced in Q1 2018. billion was raised in two debt financing deals in Q1 2018. billion deal.

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