Green Car Congress

JUNE 15, 2022

TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India.

India 150

India Hydrogen Green Industrial 150

CleanTechnica EVs

OCTOBER 6, 2022

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

Kenya 98

Kenya Financing Transportation Commercial 98

Baua Electric

MARCH 19, 2024

Bandhan Bank has inked a Memorandum of Understanding (MoU) with Mahindra & Mahindra (M&M) to provide financing solutions to customers in the commercial vehicle and commercial equipment segments. Mahindra & Mahindra boasts an extensive range of commercial vehicles and equipment, offering products ranging from 3.5

Financing 40

Financing Commercial Vehicles India 40

Green Car Congress

JANUARY 20, 2021

PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. In the strategic partnership, PACCAR provides autonomous-enabled vehicles as well as aftermarket parts distribution, finance and other transportation solutions.

Peterbilt 397

Peterbilt Kenworth Commercial North America 397

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.). Earlier post.).

Financing 236

Financing Industrial Industry Engine 236

Green Car Congress

DECEMBER 23, 2013

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

Costa Rica 310

Costa Rica El Salvador Industrial Industry 310

Green Car Congress

JULY 30, 2021

million in new financing. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

JANUARY 24, 2019

Attis Industries Inc., Attis expects to finance the transaction with non-dilutive financing. Included within the acquisition is the 1886 Malt House—a direct beneficiary of incentives designed to promote the local farm to brewery industry. Total consideration for the divestiture is $20 million in cash.

Industrial 191

Industrial Industry New York Renewable 191

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.

Financing 243

Financing Carbon Li-ion Lithium Ion 243

Green Car Congress

FEBRUARY 28, 2019

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

JANUARY 21, 2023

The feedstock pellets from the pre-treatment plant will then be converted into hydrogen in a second RWE plant which the company is to build at the Chemelot industrial park in Limburg. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.

Waste 448

Waste Hydrogen Grant Netherlands 448

Green Car Congress

MARCH 25, 2020

Funds from the strategic financing will be used to further accelerate the company’s product development activities, project deployments, and growth plans as the Company expands its technical leadership in medium and heavy-duty hydrogen fuel cell bus and trucking applications.

Transportation 276

Transportation Commercial Fuel Energy 276

Green Car Congress

JUNE 15, 2023

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418

Carbon Fuel Financing Hydrogen 418

Green Car Congress

JANUARY 5, 2011

India-based Praj Industries Limited and Qteros, Inc., the developer of a Consolidated Bioprocessing (CBP) platform for low-cost production of cellulosic ethanol using the Q-microbe ( earlier post ), have formed a strategic partnership to accelerate commercialization efforts for industrial-scale cellulosic ethanol production.

Financing 170

Financing Commercial Industrial Industry 170

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. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

Hyundai 356

Hyundai Commercial China Motor 356

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

Baua Electric

MARCH 5, 2024

EV charging provider ChargePoint , energy solutions provider EnTech Solutions and bank Wells Fargo are collaborating to offer flexible financing solutions for businesses building charging infrastructure for EV fleets. Potential customers include commercial vehicle fleets and businesses.

Financing 52

Financing Fleet Charging Installation 52

Green Car Congress

NOVEMBER 17, 2014

Audi partner Global Bioenergies (GBE) has successfully carried out its first isobutene production trial at its industrial pilot site in Pomacle-Bazancourt. A production run was initiated on 3 November, resulting in the first production of isobutene—a gaseous hydrocarbon—by fermentation in an industrial environment.

Global 218

Global Industrial Industry Production 218

Green Car Congress

APRIL 27, 2022

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).

Lithium Ion 284

Lithium Ion Commercial Li-ion Batteries 284

Cars That Think

AUGUST 27, 2022

Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes. awarded him its prestigious Ho-Am Prize in 1993 for “building a solid foundation for Korea’s semiconductor industry.” Frederick E.

South Korea 104

South Korea Industrial Industry Universal 104

Green Car Congress

MARCH 7, 2022

Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. This round of financing was jointly led by Sequoia Capital China and Legend Capital. It is believed that Inceptio Technology will become a pioneer with great influence in the industry.

Companies 259

Companies Financing China Supplies 259

Green Car Congress

JULY 1, 2023

Nikola is granted the IVECO S-Way technology license for North America and related component supply from Iveco Group, and gains joint ownership of the intellectual property of Generation 1 eAxles, technology developed together with Iveco Group’s powertrain brand, FPT Industrial.

Europe 395

Europe North America Financing America 395

Green Car Congress

MARCH 9, 2017

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

Financing Companies Italy 2016 150

Green Car Congress

MAY 8, 2014

Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board. Pinnacle’s first commercial engine, jointly developed with its charter OEM partner, will soon launch in Asia.

Financing 291

Financing Engine Africa Asia 291

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

AUGUST 12, 2021

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan.

Fleet 218

Fleet Commercial North America San Francisco 218

Green Car Congress

NOVEMBER 23, 2022

Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. Earlier post.). Today, these magnets rely on rare earth elements.

Grant 345

Grant Production Wind Clean 345

Green Car Congress

NOVEMBER 21, 2013

Global Bioenergies will construct its second industrial pilot on the site of the Leuna refinery, close to Leipzig in Germany. The pre-commercial pilot is designed for an isobutene production capacity of up to 100 tons per year. million state financing through the French “Investissements d’Avenir” program. million (US$7.7-million)

Grant 225

Grant Germany Global Industrial 225

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. Canada-based Enerkem Inc., Earlier post.).

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

DECEMBER 9, 2011

The new Agreements for Commercializing Technology (ACT) is intended to help businesses bring technologies to the market faster by allowing them to work with the DOE national laboratories from start to finish to develop and to deliver new technologies and innovations.

Commercial 170

Commercial Industrial Industry Obama 170

Green Car Congress

NOVEMBER 8, 2012

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. The Commission is convinced that financing should cover.

Auto Industry 231

Auto Industry 2020 Industrial Industry 231

Cars That Think

MARCH 16, 2023

New nuclear looks different, which requires new types of financing. New investment and partnerships are seemingly occurring every day across the industry, including SK Group’s $250million investment into Terrapower, and X-energy’s partnership with Dow Chemical. How does new nuclear differ, and how do we finance that?

Financing 62

Financing Insight Commercial Design 62

Green Car Congress

SEPTEMBER 2, 2023

In the Domestic Conversion Grant Program, higher scores will be given to projects that are likely to retain collective bargaining agreements and/or those that have an existing high-quality, high-wage hourly production workforce, such as applicants that currently pay top quartile wages in their industry.

Conversion 279

Conversion Grant Manufacturer Supplies 279

Green Car Congress

OCTOBER 21, 2013

GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., Two of the factors that had delayed the transition to natural gas in the over-the-road trucking industry were related to technology and infrastructure.

Clean 273

Clean Cleaning Gas Industrial 273

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191

2020 Commercial Global Production 191

Baua Electric

JANUARY 20, 2024

A Lokpal order from earlier this month found discrepancies in SAIL’s dealings with Venkatesh Infra Projects, and Avon Steel Industries. A company statement said the Steel Ministry suspended V S Chakravarthy, Director (Commercial), and A K Tulsiani, Director (Finance).

Commercial 52

Commercial Auto Insight Financing 52