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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

Green Car Congress

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218
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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. Operation of the lithium plant and financing will be 100% carried out by POSCO Argentina, a subsidiary of POSCO Holdings. Earlier post.) The total investment cost is about US$830 million (about KRW 0.95

Argentina 333
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Velocys, Southwest Airlines in 15-year off-take agreement for 219M gallons of negative-carbon-intensity SAF; 575M gallons of net-zero blend

Green Car Congress

The agreement covers the purchase by Southwest of an expected 219 million gallons of negative-carbon-intensity SAF at a fixed price, over a fifteen-year term starting as early as 2026, when the biorefinery is scheduled to begin commercial delivery of fuel. million tonnes of avoided CO 2 over the term of the contract. Bayou Fuels.

Carbon 170
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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

Green Car Congress

Clean Energy’s Zero Now program makes the cost of leasing or purchasing a new natural gas heavy-duty truck equal to the price or even lower than that of the same truck equipped with a diesel engine. Redeem is the first commercially available RNG vehicle fuel.

Clean 191
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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

Green Car Congress

We believe our recently announced public equity raise, alongside our strategic financing and proposed partnership with Yulho, signifies a transformative moment for Aqua Metals. million shares of common stock at a purchase price of $1.10 For the equity investment, Yulho has agreed to the purchase of approximately 4.5

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. This project will demonstrate the conversion of gaseous carbon wood wastes (terpenes) to renewable Terpenes SAF blending components.

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Ford splitting auto business into two distinct entities: Ford Blue and Ford Model e

Green Car Congress

This team will be hellbent on delivering leading quality, attacking waste in every corner of the business, maximizing cash flow and optimizing our industrial footprint. —Ford President and CEO Jim Farley. Ford Model e and Ford Blue will also support Ford Drive mobility.

Ford 195