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South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

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South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

Volt 334
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Additional $47M to 7 ARPA-E SCALEUP projects; $27M to 3 advanced battery projects for EVs and electric aviation

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These new SCALEUP teams are receiving funding to support the scaling of high-risk and potentially disruptive new electric vehicle battery, data center efficiency, grid modernization, emissions mitigation, and storage technologies. Next-Generation Lithium Metal Anode Cells for Electric Aviation - $9,000,000. Earlier post.)

Li-ion 199
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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. The hot synthesis gas is quenched and cleaned. Earlier post.)

Florida 186
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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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water and electricity to produce higher-energy carbon-based products and a co-product of pure oxygen. This reaction is energetically uphill, so electricity must be added to drive the reaction forward, and it is not possible without a new family of CO?-reducing reducing catalysts. Energy Access. Transportation.

2019 207
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ARPA-E awarding $24M to two SCALEUP projects: battery technology and methane detection

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These SCALEUP “Fast-Track” teams, Natron Energy and Bridger Photonics, will receive $19 million and $5 million, respectively, to further their commercialization efforts in sodium-ion battery development and methane detection technologies, respectively. Bridger Photonics, Inc.: Bridger Photonics, Inc.

Sodium 186
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CPV, GE, DGC secure largest US thermal power project financing in 2011 for 800 MW gas-fired power plant; 23 banks to provide nearly $800M in credit facilities

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(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

Financing 199