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ClearFlame Engine Technologies secures $17M in Series A financing

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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

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Niron Magnetics, a developer of high-performance, rare earth-free permanent magnets ( earlier post ), announced that the US Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) has awarded the company a $17.5-million Earlier post.). Today, these magnets rely on rare earth elements.

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California to transition clean vehicle rebate program to helping low-income residents

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The California Air Resources Board will transition its existing Clean Vehicle Rebate Project (CVRP) program to a new program targeting low- and middle-income Californians. The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles.

Clean 271
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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

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The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170
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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

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The US Department of Energy (DOE) announced a $15.5-billion 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.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC).

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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

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Clean Energy Fuels Corp. Clean Energy’s Zero Now program makes the cost of leasing or purchasing a new natural gas heavy-duty truck equal to the price or even lower than that of the same truck equipped with a diesel engine. Earlier post.).

Clean 191