Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Battery Batteries Porsche 199

Green Car Congress

OCTOBER 15, 2021

The company anticipates entry into commercial service in 2025 with a certified retrofit conversion kit for existing ATR 72 and De Havilland Canada Dash-8 regional airliners and a green hydrogen fuel services offering. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397

Hydrogen Universal Financing Los Angeles 397

Green Car Congress

JULY 22, 2022

is designed to demonstrate the viability of achieving net energy generation with TAE’s advanced beam-driven field-reversed configuration (FRC)—the penultimate step on TAE’s path to commercialize clean fusion power. billion for its commercial fusion development.

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Fusion Companies Google Chevron 243

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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Lithium Ion Oman Battery Batteries 150

Green Car Congress

NOVEMBER 25, 2019

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

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Financing Convert Renewable Price 231

Green Car Congress

JUNE 26, 2020

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

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Industrial Industry Carbon Companies 218

Green Car Congress

JUNE 9, 2022

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

Hydrogen 370

Hydrogen Emissions Financing USA 370

Baua Electric

JULY 12, 2024

ZeroAvia is developing hydrogen-fueled engines for commercial aircraft, and has successfully completed flight tests of electric aircraft in the US and in the UK (see our 2021 interview with CEO and founder Val Miftakhov ). The two companies announced a memorandum of understanding in 2022.

Purchase 52

Purchase Hydrogen Engine Powered 52

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

Carbon 221

Carbon Companies Climate Tax Credit 221

Green Car Congress

JUNE 17, 2021

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. Worley is providing engineering to implement the Axens North America renewable jet and diesel technology at the Riverbank site. Aemetis, Inc.

Renewable 186

Renewable Diesel Engine Production 186

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

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Hydrogen Commercial Electrical Electric 376

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”.

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Motoring Motor Motors Fleet 321

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.

Hydrogen 377

Hydrogen Hyundai Motoring Motor 377

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan.

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Financing Commercial Michigan Corporation 210

Green Car Congress

FEBRUARY 23, 2023

Battery and advanced materials company Talga Group ( earlier post ), with 100% owned graphite resources in Sweden, has received firm commitments for a placement of new fully paid ordinary Talga shares to raise A$40 million (US$27.3 BurnVoir Corporate Finance acted as financial adviser to the company. million) before costs.

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Li-ion Sweden Financing Corporation 218

Green Car Congress

APRIL 11, 2018

Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spin-off to shareholders that will establish an aftermarket & ride performance company and a powertrain technology company. Powertrain Technology Company. Summary Terms of Agreement.

Companies 186

Companies 2019 Fuel Economy Clean 186

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

JANUARY 11, 2021

announced that commercial development work has commenced for the first phase of key design and engineering of next-generation vanadium redox flow-battery systems (VRFB Battery) for marine propulsion applications. VanadiumCorp Resource Inc. Champagne.

Mariner 428

Mariner Battery Batteries Netherlands 428

Green Car Congress

JULY 1, 2021

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 From its foundation in 2009, Skeleton has grown from 4 to close to 200 people working for the company.

Estonia 186

Estonia Financing 2009 Germany 186

Green Car Congress

APRIL 1, 2015

Global Bioenergies, a startup developing and commercializing a fermentation process that targets gaseous isobutene, has obtained a €4.4-million million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. million (US$4.7-million)

Financing 150

Financing Global Installation 2008 150

Green Car Congress

JANUARY 24, 2013

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company closed a $20-million Series B round in August 2011. Leyden Energy, Inc.,

Li-ion 240

Li-ion Financing Energy Batteries 240

Green Car Congress

AUGUST 20, 2015

Additionally, through a substantial yield advantage of the methanotroph over other microbes, Intrexon’s bioconversion platform has a favorable economic profile that, based on current targets, will allow even small scale demonstration plants to achieve profitability within the first year of production, the company said.

Gas 150

Gas Commercial Companies Conversion 150

Green Car Congress

JUNE 1, 2018

In-wheel electric drive company Protean Electric announced the completion of a $40-million equity investment as the initial closing of its Series E funding round. The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets.

Companies 170

Companies United Kingdom Electric Electrical 170

Green Car Congress

MARCH 11, 2022

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

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Green Companies Switzerland Trinidad 199

Green Car Congress

JUNE 23, 2011

Cellulosic ethanol company Coskata, Inc. for engineering, procurement and construction (EPC) services for the construction of its commercial cellulosic ethanol facility in Boligee, Alabama, that will be designed around the Coskata technology. has issued a Letter of Intent (LOI) with Fagen, Inc. Coskata Inc. Fagen, Inc.,

Alabama 186

Alabama Commercial Engine Financing 186

Green Car Congress

MARCH 11, 2014

CompactGTL will build a commercially deployed small-scale gas-to-liquids (GTL) plant in Kazakhstan. The proposed plant is expected to bring with it significant future commercial and environmental benefits, according to the company. CompactGTL expects to have a fully functioning small-scale GTL plant in operation in 2017.

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Kazakhstan Commercial Financing Gas 199

Green Car Congress

JANUARY 6, 2021

Embedded in roadways and charging vehicles during scheduled stops, the fully automated, hands-free WAVE system eliminates battery range limitations and enables fleets to achieve driving ranges that match that of internal combustion engines. This is a win-win all around, which will help maximize shareholder value.

Charging 170

Charging Kenworth Financing Utah 170

Green Car Congress

FEBRUARY 2, 2018

Venture-backed startup Joby Aviation has secured $100 million in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification. The company is now focused on developing a commercial version of that design, and preparing that vehicle for certification.

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Toyota Financing Singapore Electrical 225

Green Car Congress

JUNE 30, 2022

billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 Groundworks at the site are well advanced and the company has recently started casting foundation structures.

Norway 150

Norway Batteries Battery Financing 150

Green Car Congress

JANUARY 25, 2012

Canada-based biomass-to-gasoline company CORE BioFuel Inc. Osprey Capital will secure equity investment capital to fund the completion of construction engineering for CORE’s first wood-to-Green Gasoline plant to be built in Canada. earlier post ) has signed an exclusive agreement with Osprey Capital Partners Inc.,

Gasoline 170

Gasoline Green Engine Companies 170

Green Car Congress

JUNE 3, 2022

Together, the two companies set out to address common pain points across construction—including unsafe working conditions, labor shortages and rampant inefficiencies—with autonomous solutions. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.

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Emissions Industrial Industry Vehicles 397

Green Car Congress

OCTOBER 27, 2018

The Board of Directors of Terraframe—a Finnish multi-metal company producing nickel, zinc, cobalt and copper—has greenlighted the investment of €240 million in a battery materials plant. Terraframe has signed a contract with Sweco for the detail engineering design of the battery chemicals plant.

Commercial 223

Commercial Production Battery Batteries 223

Green Car Congress

DECEMBER 19, 2022

million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. ETH-Zurich spin-off Synhelion has raised CHF 22 million (US$23.6 Synhelion is developing two pathways to solar fuels: Redox splitting.

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Solar Fuel Production Carbon 210

Green Car Congress

FEBRUARY 8, 2023

bp says that it will invest more in the energy transition and bp’s own transition, with up to $8 billion more slated for transition growth engines (TGEs) by 2030. billion capital expenditure—nto its transition growth engines, including the acquisition of Archaea Energy. In 2022, bp invested $4.9 mmboe/d in 2030.

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Engine Oil Hydrogen 2019 150

Green Car Congress

DECEMBER 13, 2013

The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Earlier post.). Torotrak has conditionally raised funds of £16.0

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2015 Commercial Financing Hybrid 247

Green Car Congress

MAY 4, 2017

Haltermann Carless, a subsidiary of HCS and one of the oldest companies in the world of chemistry, is expected to be the direct customer with Gevo under the agreement. This first phase commences in May 2017 and would continue until completion of Gevo’s first large-scale commercial hydrocarbon plant.

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Supplies Renewable Commercial Minnesota 150