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TI Clean Mobility to raise Rs 580 crore via equity, Compulsorily Convertible Preference Shares | Autocar Professional

Baua Electric

TI Clean Mobility Private Limited (“TICMPL”), a subsidiary of Tube Investments of India Limited, has signed definitive documents today, with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively GEF), to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares (“CCPS”).

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Unifrax introduces new nano-structured alumina catalyst support technology for a greener catalytic conversion option: Eco-lytic

Green Car Congress

Housed within a vehicle’s catalytic converter, the Eco-lytic catalyst support fiber is designed to replace the existing catalytic converter or add to existing systems in order to enhance emission reduction, consume fewer precious metals and raw materials, and drive lower energy usage through vehicle weight reduction.

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ENGIE selects Plug Power for refueling system for hydrogen-powered mine truck; 1 tonne H2/day

Green Car Congress

Operational performance of the converted trucks is expected to be the same or better than the original diesel trucks, with the additional benefits of cleaner air, less noise and lower maintenance costs. Source: Anglo American.

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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

Green Car Congress

Anglo American plc unveiled a prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions at its Mogalakwena PGMs (platinum group metals) mine in South Africa. nuGen is part of FutureSmart Mining, Anglo American’s innovation-led approach to sustainable mining.

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CMA CGM partners with Energy Observer on hydrogen-powered shipping

Green Car Congress

The CMA CGM Group, a world leader in shipping and logistics, is joining forces with Energy Observer , the first hydrogen-powered vessel to embark on a round-the-world voyage. The CMA CGM partnership deals with the development of cleaner and more sustainable energies to eliminate CO 2 emissions, greenhouse gases and air pollutants.

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British Airways invests in LanzaJet; SAF offtake agreement

Green Car Congress

British Airways will invest in LanzaJet’s first commercial-scale Freedom Pines Fuels facility in Georgia and acquire cleaner burning sustainable aviation fuel from the plant. British Airways’ parent company, International Airlines Group, will be investing US$400 million in sustainable aviation fuel over the next 20 years.

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INFRA and Greenway to partner on GTL plants

Green Car Congress

INFRA Technology group has developed and patented a proprietary Gas-to-Liquids (GTL) technology (INFRA.xtl), based on the Fischer-Tropsch synthesis process, for the production of light synthetic oil—which is close to a product, characterized by Shultz-Flory alpha of 0.77—and Greenway Technologies Inc.

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