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

JANUARY 17, 2012

SGB will use the proceeds to expand research and development, advance commercialization efforts and scale global operations. SG Biofuels, Inc. SGB also announced that Pratik Shah, Ph.D., partner at Thomas, McNerney, and Jerry Caulder, Ph.D., managing director for Finistere Ventures, have joined the company’s board of directors.

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Green Car Congress

SEPTEMBER 10, 2014

an agricultural biotechnology and seed company enabling the production of high quality, low-cost and sustainable plant oil, protein and biomass, announced success in its program to create hybrid Jatropha which has both high yield and rapid time to maturity. Jatropha oil can be used as a biofuel feedstock.

Financing 210

Financing Hybrid Oil Asia 210

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

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.

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Fleet Commercial North America San Francisco 218

Green Car Congress

MAY 21, 2012

developer of a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), has signed an agreement with Henley Transmission Services, LLC, the largest franchise holder of AAMCO automotive service centers, to certify AAMCO technicians to install and service XL Hybrids’ hybrid-electric conversions.

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Installation Conversion Hybrid Lithium Ion 313

Green Car Congress

OCTOBER 20, 2022

This project will expand Anovion’s existing manufacturing capacity in Sanborn, NY—notably the only qualified US source of battery-grade synthetic graphite commercially shipping product today. Anovion’s selected site has critical infrastructure in place that will allow for an accelerated timeline for the construction of the facility.

Parts 459

Parts Batteries Battery Lithium Ion 459

Green Car Congress

MARCH 31, 2022

to pursue opportunities in large-scale, low-cost and permanent carbon capture and storage (CCS). FPX Nickel Corp., a Vancouver-based junior nickel mining company developing the large-scale Decar Nickel District in central British Columbia, has established a new subsidiary company, CO 2 Lock Corp., CO 2 Lock has raised $1.7

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Low Cost Carbon Yukon 2010 186

Green Car Congress

JANUARY 3, 2011

an emerging natural gas production company which uses proprietary technology to convert both underground and mined low-rank coal to pipeline-quality methane biochemically at large scale and low cost, has raised equity in its second round of financing, led by new investor Khosla Ventures. Ciris Energy, Inc.,

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Coal Convert Companies Financing 199

Green Car Congress

APRIL 3, 2021

Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries. Such materials and the underlying technologies lend themselves to low cost manufacturing and production scale-up.

Li-ion 365

Li-ion Batteries Battery Lithium Ion 365

Green Car Congress

OCTOBER 15, 2020

Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

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Clean Cleaning Energy Energy Storage 371

Green Car Congress

SEPTEMBER 10, 2018

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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Li-ion Manufacturer Global Lithium Ion 239

Green Car Congress

APRIL 2, 2012

This round of funding is being used to directly support Sapphire Energy’s active and on-schedule commercial demonstration in Luna County, New Mexico. Some proceeds from previous closes of the Series C financing already have been invested in Sapphire Energy’s continuing operations.

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Energy New Mexico 2011 Mexico 210

Green Car Congress

FEBRUARY 15, 2021

Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water.

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Sodium Battery Batteries Water 221

Green Car Congress

JULY 29, 2012

Sweetwater Energy uses a novel technology to produce low-cost sugars from non-food plant materials. million seed round closed in February, 2010, financed in large part by Chesonis and Jack Baron, Sweetwater’s President and Chief Operating Officer. Sweetwater’s initial $1.2

Energy 247

Energy 2006 New York Low Cost 247

Green Car Congress

DECEMBER 21, 2011

Thermoelectric material developer GMZ Energy ( earlier post ) has secured $14 million in Series C financing. This investment will allow us to commercialize this breakthrough and expand our product line more quickly and efficiently. —Aaron Bent, CEO of GMZ Energy.

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Energy Water Boston Solar 218

Green Car Congress

MARCH 14, 2012

a company that has developed a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), will display a Chevrolet Express 2500 cargo van fitted with the company’s hybrid technology at the 2012 Massachusetts Institute of Technology (MIT) Energy Conference Energy Showcase on 16 March.

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MIT Chevrolet Hybrid Energy 199

Green Car Congress

SEPTEMBER 3, 2021

This financing will allow Echion to scale-up to multi-tonne level material production, demonstrating high-yield, cost effective manufacturability as well as to supply the growing demand for material for pre-production trials. The funds will also be used to strengthen customer support, commercial and R&D operations.

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Li-ion Lithium Ion Universal Low Cost 259

Green Car Congress

FEBRUARY 12, 2014

Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP. The relationship with Haldor Topsøe provides us with a fast-track route to bring our proprietary materials to market in commercial quantities. —Chris Wright, CEO Faradion Ltd.

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Sodium Li-ion Companies Batteries 199

Green Car Congress

APRIL 7, 2021

AMPLY Power offers the only fully managed charging service to the public sector and commercial businesses looking for guaranteed performance and fixed fuel pricing for their electric vehicle fleets. Similar to how data centers optimize for high efficiency, low cost, and 99.99

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Powered Power Sacramento Fleet 327

Green Car Congress

SEPTEMBER 23, 2013

The plant will convert abundant low-cost natural gas from the Utica and Marcellus shale region into high-value specialty products (solvents, lubricants and waxes), as well as transportation fuels. The company has agreed to commercial license terms with Velocys and made a down payment towards the FT reactors.

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Building Energy 2013 Gas 252

Green Car Congress

OCTOBER 10, 2013

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. Bank of America can help move GCEP technologies to commercialization.

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Climate America Global Energy 218

Green Car Congress

MARCH 26, 2014

LanzaTech’s gas fermentation platform enables the regional production of low-cost energy from local wastes and residues, including gases as varied as industrial flue gas, gasified biomass wastes and residues, biogas, and high-CO 2 stranded natural gas.

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Waste Gas Carbon Low Cost 225

Green Car Congress

APRIL 27, 2012

Boulder Ionics Corporation, a startup that has developed a novel, high-throughput, low-cost synthesis platform for producing ionic liquid electrolytes for use in advanced energy storage devices, completed a $4.3-million million Series A financing. With this $4.3

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Energy Storage Lithium Ion Molten Salt Energy 236

Green Car Congress

OCTOBER 9, 2021

million project will diagnose sources of degradation in commercial electrolysis cells and will validate advanced designs that use higher stack currents. In June, Electric Hydrogen closed a $24-million Series A financing to support continued product development and expansion of its operations in the Greater Boston and San Francisco Bay areas.

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Hydrogen San Francisco Boston Water 199

Green Car Congress

JUNE 14, 2012

DOE also announced the “America’s Most Affordable Rooftop Solar” competition to aggressively drive down the cost of rooftop solar energy system as well as $8 million in awards to nine small businesses to lower the cost of financing, permitting, and other “soft costs,” which can amount to nearly half the cost of residential solar systems.

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Solar Cost Of Powered Power 252

Electrek

JANUARY 18, 2023

Noon Energy , which has developed “ultra-low-cost, high energy density carbon-oxygen battery technology for long-duration energy storage” for solar and wind power, today announced that it’s secured $28 million in Series A financing to commercialize its technology.

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Carbon Batteries Battery Energy Storage 129

Green Car Congress

SEPTEMBER 1, 2023

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Energy Storage Energy Polymer Legal 195

Green Car Congress

FEBRUARY 26, 2013

US Commercial-scale production of cellulosic biofuels reached about 20,000 gallons in late 2012, according to the US Energy Information Administration (EIA). Nor, despite the growth potential over the next several years, has the path to commercial biofuels been smooth. Planned cellulosic biofuel production by 2015. Source: EIA.

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Green Car Congress

DECEMBER 24, 2021

The RFI also seeks input on how existing first-generation ethanol and other existing industries could be leveraged to provide low-cost feedstock and infrastructure for biofuels production, including information on practices that can reduce the carbon intensity of corn production.

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Renewable Fuel Mariner Diesel 186

Green Car Congress

JULY 7, 2011

Earlier this year, the company announced it had received financing from France’s Total—which earlier had funded research on the technology at MIT ( earlier post )—and from a personal investment by Bill Gates. Patents for all liquid metal battery inventions were licensed from MIT. —Luis Ortiz, LMBC’s President.

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MIT Batteries Battery Energy Storage 210

Green Car Congress

AUGUST 16, 2018

This will be the first commercial scale plant based on Cat-HTR technology, a catalytic hydro-thermal liquefaction platform developed by Licella over the past ten years. Neste and IKEA collaboration is leading to a production of bio-based polypropylene (PP) plastic at a commercial scale for the first time during fall 2018.

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Waste Renewable Fuel Oil 170

Green Car Congress

JULY 13, 2016

Alphabet Energy, a startup commercializing low-cost, efficient thermoelectric materials for power generation leveraging technology initially developed at the Lawrence Berkeley National Laboratory ( earlier post , earlier post ), has closed a $23.5-million million Series C round of financing.

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Waste Oil Gas Energy 150

Green Car Congress

JANUARY 13, 2021

The goal of the program is to translate the performance achieved at the lab- and bench-scale by previously funded ARPA-E technologies to commercial viability, supporting promising energy technologies that require scaling-up or pre-pilot projects to enable a path to market and ultimately lead to realized commercial impact.

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Li-ion Batteries Battery Lithium Ion 199

Green Car Congress

MARCH 8, 2021

Silmet has been separating rare earths into commercial value-added products for more than 50 years. Chemours will supply Energy Fuels with a minimum quantity of 2,500 tons per annum of natural monazite ore produced in the state of Georgia, and elsewhere in the southeast US.

Energy 186

Energy Fuel Production Estonia 186

Green Car Congress

AUGUST 15, 2018

Shockwave is financing its equipment required for this multi-million dollar project and is providing certain performance guarantees for the Shockwave Process. After successful pilot and demonstration-scale testing, Shockwave announced in June 2018 the commercial release of its corn fractionation platform.

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Carbon Oil Renewable Commercial 186

Green Car Congress

FEBRUARY 8, 2022

Soelect recently completed its $11-million Series A financing. Soelect says that it has developed a unique manufacturing process for its products that can be scaled up for mass production at low cost. Lotte Ventures teamed with GM Ventures and KTB Network to make the investment. —Sung-Jin Cho, Founder and CEO.

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GM Batteries Battery Lithium Ion 150