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Biomass-to-sugar company Comet Biorefining completes new round of equity financing

Green Car Congress

Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.

Financing 150
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Glencore and Li-Cycle to study developing recycling hub to be largest source of recycled battery-grade lithium, nickel and cobalt in Europe

Green Car Congress

an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, signed a Letter of Intent to jointly study the feasibility of, and later, develop a Hub facility in Portovesme, Italy. This would enable a cost-efficient and expedited development plan.

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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

Boston, USA & Milan, Italy, 22nd February 2023 - , Electra Vehicles, Inc. , The company has recently opened an Italian branch based in Turin, Italy, to expand its presence in the Italian and European markets and accelerate the energy transition to a more sustainable future through electric mobility.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

Green Car Congress

and SIT Group of Italy (the owner of OMVL), will become, indirectly, wholly owned by Westport. Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. liter and 2.4-liter

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Costs are also falling due to classic economics. Costs are also falling due to classic economics. by Bill Cooke.

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Novozymes introduces its latest enzyme technology for cellulosic biofuels; performs 1.5x better than predecessor

Green Car Congress

The enzyme enables more cost-efficient conversion of biomass to ethanol and performs 1.5 Cellic CTec3 allows the cost of producing ethanol from biomass to approach the level of corn ethanol and gasoline, according to the company. The first plants start commercial production of advanced biofuels this year. Earlier post.).

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The Case for Nuclear Cargo Ships

Cars That Think

based TerraPower and London- and Italy-based Newcleo should be safer and simpler to operate than conventional reactors. Four nuclear-powered merchant ships have been built so far, all of them government-led projects begun mostly for developmental and testing reasons rather than purely commercial ones. Why nuclear-powered ships?