Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York.

Financing 210

Financing District of Columbia Commercial Energy 210

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.).

Financing 236

Financing Industrial Industry Engine 236

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. Under the deal, MONTE will purchase up to 100 ZA600 powertrains to be installed on existing and new Cessna Caravan, DHC-6 Twin Otter, Dornier 228 and HAL-228 aircraft.

Hydrogen 370

Hydrogen Emissions Financing USA 370

Baua Electric

APRIL 4, 2024

The commercial EV startup can now resume its work in delivering its electric last-mile trucks to customers this year. Volta Trucks is a UK-based commercial EV startup that spent nearly four years working toward initial deliveries of its flagship commercial truck, the Volta Zero.

Commercial 52

Commercial Austria France Purchase 52

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

Global 195

Global North America Hydrogen Fuel 195

Green Car Congress

DECEMBER 11, 2021

Purchased for approximately €31.5 Vulcan’s target of first commercial production of lithium by 2024 remains unchanged. A new Germany subsidiary of Vulcan, based in Karlsruhe, will be the owner and operator of the Insheim Plant.

Carbon 243

Carbon Companies Renewable Luxembourg 243

Green Car Congress

JULY 10, 2012

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

Electric Motorcycles 230

Electric Motorcycles Financing Motorcycles North America 230

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

JULY 25, 2023

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023.

South Korea 150

South Korea Batteries Battery Li-ion 150

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. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

Supplies 150

Supplies Renewable Commercial Minnesota 150

Green Car Congress

NOVEMBER 6, 2012

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Li-ion maker A123 Systems, Inc.

Financing 225

Financing Fisker Sale Delaware 225

Green Car Congress

MAY 13, 2019

has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread.

Clean 191

Clean Cleaning Renewable Gas 191

Green Car Congress

JANUARY 31, 2022

Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

Energy 150

Energy South Korea Poland Lithium Ion 150

Green Car Congress

MARCH 19, 2014

In its Form 10-K (annual report) filed with the SEC on 17 March, cellulosic renewable fuels company KiOR said it has “ substantial doubts about [its] ability to continue as a going concern ”. Other than that commitment, however, Kior said it has no other near-term sources of financing. Earlier post.).

Columbus 225

Columbus Companies Mississippi Fuel 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

Blink Charging

NOVEMBER 9, 2023

The decision to purchase or lease electric vehicles (EVs) for your commercial fleet depends on several factors, such as whether you want to own your capital assets versus maintaining a more flexible cash flow. In this blog, we will explore the advantages of both owning and leasing a commercial electric fleet.

Fleet 52

Fleet Tax Credit Tax Financing 52

Green Car Congress

NOVEMBER 20, 2017

Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. The commercial model ranges with electric drive will thus cover all requirements from people moving to goods transport. The mid-size van is thus suited for city-center use by delivery companies, tradespeople and public transport providers.

Mercedes 170

Mercedes All-Electric 2019 Commercial 170

Green Car Congress

DECEMBER 17, 2020

As a result, we’ve sold more all-electric commercial EVs than any other vehicle manufacturer in North America to date. Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. Last week, Lightning eMotors and GigCapital3, Inc.,

Batteries 448

Batteries Battery Fuel Electric 448

Green Car Congress

JUNE 10, 2022

Battery materials company Nano One and Rio Tinto have agreed to enter into a strategic partnership, with Rio Tinto providing iron and lithium products, collaboration and a US$10-million investment into Nano One. Each Warrant shall entitle Rio Tinto to purchase one Share at an exercise price of C$4.00

Lithium Ion 199

Lithium Ion Canada Batteries Battery 199

Green Car Congress

MAY 18, 2021

a provider of fleet electrification solutions for commercial and municipal fleets, has acquired World Energy Efficiency Services, LLC (WEES) for total cash and stock consideration of approximately $16 million. The purchase price is subject to an adjustment for closing date net working capital and an additional earn out payment of $1.0

Fleet 170

Fleet Charging Installation Financing 170

Green Car Congress

APRIL 16, 2019

The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. With the latest round of financing secured, Sila Nano has begun ramping up production volume and plans to supply its first commercial customers in consumer electronics within the next year.

Lithium Ion 249

Lithium Ion Li-ion Batteries Battery 249

Green Car Congress

OCTOBER 24, 2019

Ideanomics’ Mobile Energy Group (MEG) is expanding its activities with heavy-duty electric trucks as part of an ongoing effort to identify commercial vehicle activities where significant pollution reduction can be achieved by eliminating fossil fuels. Ideanomics is a global Financial Technology (Fintech) company for transformative industries.

Vehicles 170

Vehicles Mongolia Financing Maintenance 170

Electrek

FEBRUARY 18, 2022

The Lion Electric Company has launched a new division called LionCapital Solutions. The new division will provide Lion Electric customers with flexible financing as they look to electrify their fleets of medium- to heavy-duty commercial vehicles such as school buses and trucks.

Fleet 76

Fleet Financing Electric Electrical 76

Green Car Congress

APRIL 3, 2012

Algae-based renewable oil company Solazyme, Inc. Using standard industrial fermentation equipment, Solazyme can scale and accelerate microalgae’s natural oil production time to just a few days and at commercial levels. Source: Solazyme. Click to enlarge. Earlier post.). Startup is expected in the second half of 2013.

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Congress

APRIL 26, 2011

With the recent approval of the Committee on Foreign Investment in the United States (CFIUS), Eesti Energia (internationally known as Enefit) of Estonia has purchased a 100% interest in Oil Shale Exploration Company ( OSEC ) of Alabama, which has significant oil shale interests in Utah. million barrels of shale oil annually.

Utah 199

Utah Oil Estonia Companies 199

Green Car Congress

NOVEMBER 14, 2018

interest in the company, through the subscription and purchase of shares from treasury at a price of $3.54, which reflects a 15% premium to the 30-day VWAP of $3.08 million, through the subscription and purchase of shares from treasury at the same price of $3.54 million, representing a 19.9% on 29 August 2018. to maintain its 9.9%

Fuel 223

Fuel Power Powered Vehicles 223

Green Car Congress

APRIL 2, 2022

The main idea here is that fleet operators will no longer have to purchase the batteries; they will simply pay to use them. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE. Blue Park Smart Energy is part of the BAIC Group and a leading company for battery swap systems.

Mitsubishi 150

Mitsubishi China Batteries Battery 150

Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

Financing 150

Financing Auto Chrysler Auto Industry 150

Green Car Congress

JUNE 11, 2012

ALTe Powertrain Technologies, developer of a range-extended plug-in electric hybrid powertrain for light commercial fleet vehicle applications, has created a Commitment to Action to spur adoption of hybrid electric technology in the worldwide fleet industry as part of the Clinton Global Initiative America (CGI America) meeting.

Fleet 236

Fleet Global Purchase Financing 236

Green Car Congress

JULY 2, 2018

This means that a total of more than 420 cars, well over 100 buses, around 110 special and commercial vehicles and more than 425 new charging points will be purchased and built. Procurement of electric vehicles in the taxi industry and car-sharing companies is also being supported.

2017 150

2017 Taxi 2020 Concept 150

Green Car Congress

JANUARY 2, 2013

Rental car company Avis Budget Group, Inc. has agreed to acquire car-sharing company Zipcar for $12.25 The Boards of Directors of both companies unanimously approved the transaction, and Zipcar shareholders representing approximately 32% of the outstanding common stock have agreed to vote their shares in support of the transaction.

Companies 218

Companies Cars 2012 United States 218

Green Car Congress

DECEMBER 18, 2019

The proposal includes core funding from shipping companies across the world of about US$5 billion over a 10-year period. The 2050 target will require a carbon efficiency improvement of up to 90%, which is incompatible with a continued long-term use of fossil fuels by commercial shipping.

Emissions 195

Emissions Mariner International Carbon 195

Baua Electric

APRIL 28, 2024

Gurpratap Boparai, the CEO of Automotive Businesses Europe and CEO Mahindra Trucks and Buses has resigned from the company. Vinod Sahay who is President, Aerospace and Defence and Chief Purchase Officer, Auto and Farm Sectors (AFS), will now have additional responsibility for MTBD and CE. His last working day will be May 31, 2024.

Pininfarina 40

Pininfarina India Purchase Jeep 40

Baua Electric

MARCH 18, 2024

Electrek’s Take Like other EV startups (or any growth company), a higher stock price makes it easier to raise funds (via debt) and attract new investors. Despite the win, Canoo’s finances are still a concern. Canoo is making progress with the first official customer deliveries of its commercial electric van last month.

Oklahoma 52

Oklahoma Oklahoma City Tax Credit Financing 52

Green Car Congress

MAY 21, 2012

billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Wanxiang was founded in 1969 by its Chairman Lu Guanqiu and is now one of the largest private companies in China.

Coal 225

Coal Gas Purchase Energy 225

Green Car Congress

FEBRUARY 14, 2012

On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. Earlier post.) million in outstanding 3% Convertible Senior Notes due 2013.

Corporation 210

Corporation Conversion Companies Sale 210