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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

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This includes making available $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects that retain high-quality jobs in communities that currently host these manufacturing facilities. Converting and Retrofitting America’s Manufacturing Plants.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Alliance AutoGas now EPA-certified to convert 200+ vehicle types to propane

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Alliance AutoGas, through conversion equipment provider and co-founding partner American Alternative Fuel, is now EPA-certified to convert more than 200 vehicle types to propane autogas utilizing the Prins System. Alliance AutoGas provides both bi-fuel and propane-dedicated conversions using Prins vapor and liquid injection technology.

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Clean Energy to Acquire BAF Technologies, Natural Gas Vehicle Technology and Conversion Company

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Clean Energy Fuels Corp. the leading provider of natural gas vehicle systems and conversions in the United States. million of BAF’s outstanding debt is held by Clean Energy Finance, a wholly owned Clean Energy subsidiary, Clean Energy anticipates paying a net amount of approximately $4.5 Earlier post.).

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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. The hot synthesis gas is quenched and cleaned. Earlier post.)

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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

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SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel. The cleaned distillates are then pumped to the storage tanks. (A

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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million) in another financing round. This ultra-clean solar fuel closes the carbon cycle. Solar heat is used to convert a mixture of methane, CO 2 , and water into syngas, which is then processed into any type of fuel. ETH-Zurich spin-off Synhelion has raised CHF 22 million (US$23.6 Solar Upgrading.

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