Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. It will also allow Volta to begin its international expansion.

Charging 417

Charging Financing Store Porsche 417

Green Car Congress

JULY 11, 2017

Norsk Hydro will acquire Orkla’s 50% interest in Sapa—a 50/50 joint venture between Orkla and Hydro formed in 2013, and the world’s largest aluminum extrusion company. The combination will make Hydro the only global company in the aluminum industry that is fully integrated across the value chain and markets.

Global 150

Global Market Companies North America 150

Green Car Congress

JUNE 6, 2016

A key outcome of the Low Carbon Technology Partnerships initiative ( LCTPi ), below50 is intended to grow a global corporate market for sustainable low-carbon transport fuels (LCTFs). Any company which produces, uses and/or invests in fuels that are at least 50% less carbon intensive than conventional fossil fuels can join below50.

Carbon 150

Carbon Global Audi Companies 150

Baua Electric

APRIL 29, 2024

Gogoro , the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co.,

Global 52

Global Energy Storage Light Financing 52

Green Car Congress

JUNE 2, 2022

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). Last ICE in 2038.

Transportation 473

Transportation Emissions Fleet Economy 473

Baua Electric

JUNE 13, 2024

Anish Shah, MD of Mahindra & Mahindra, says it is a rare moment in India’s history, “which will add as much as the European Union to the global GDP by 2030.” ” Shah believes that India can become one of the top three economies in the world, with a GDP of 7.2 trillion by 2030. trillion in 2023 to $7.2

India 40

India Economy Financing Japan 40

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hyundai 377

Hyundai Hydrogen Motor Motors 377

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements. degrees Celsius.

Carbon 221

Carbon Companies Climate Tax Credit 221

Green Car Congress

APRIL 11, 2018

Tenneco, one of the world’s leading designers, manufacturers and distributors of Ride Performance and Clean Air products and technology solutions for diversified markets, signed a definitive agreement to acquire Federal-Mogul, a leading global supplier to OEMs and the aftermarket. Powertrain Technology Company. voting interest), 23.8

Companies 186

Companies 2019 Fuel Economy Clean 186

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 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

APRIL 6, 2021

These investments will enable FiveT to establish itself at the heart of the hydrogen industry and help advance a broader global mission to address climate change and accelerate the energy transition. The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170

Hydrogen Plug-in Clean Cleaning 170

Green Car Congress

JUNE 3, 2022

SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.

Emissions 397

Emissions Industrial Industry Vehicles 397

Green Car Congress

MARCH 29, 2011

Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in clean energy financing last year, improving its global standing to fourth, from eighth in 2009. Germany accounted for 45% of global solar investments. Click to enlarge.

2010 236

2010 Clean Cleaning Global 236

Green Car Congress

JANUARY 14, 2022

LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

Climate 273

Climate Diesel Renewable Financing 273

Green Car Congress

NOVEMBER 22, 2022

UTM Offshore was incorporated in July 2012 as a privately held Nigerian company. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2 UTM Offshore’s signing of the deal will be a game changer within Africa’s gas market.

Nigeria 186

Nigeria Gas Mauritania Cameroon 186

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

APRIL 4, 2011

The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). —DBCCA. Source: DBCCA.

Carbon 220

Carbon Chinese Economy Climate Change 220

Green Car Congress

NOVEMBER 13, 2022

The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. —Caroline Chua, BNEF’s Southeast Asia clean power lead analyst.

Indonesia 195

Indonesia Coal Lithium Ion Asia 195

Green Car Congress

JUNE 29, 2019

in addition to Opus 12, they are: WILDCOAST (Imperial Beach, California) is working to secure a resilient coastline to help protect communities, economies and ecosystems from climate change impacts in the Gulf of California. is using pay-as-you-save financing to help transportation companies switch to electric buses.

2019 207

2019 Lesotho Conversion Aspen 207

Teslarati

NOVEMBER 3, 2022

Polestar announced today it received financing from two major shareholders, totaling $1.6 The global economy is in a tumultuous period, especially in Europe, where energy issues continue to run rampant. billion loan from parent company Volvo Cars and significant shareholder PSD Investment ($800 million each).

South Carolina 92

South Carolina Financing Volvo Chinese 92

Green Car Congress

SEPTEMBER 3, 2021

The Series-A funding round was led by CBMM—the world’s leading supplier of niobium products—and BGF—the UK & Ireland’s most active and dynamic investor of equity capital in growth economy companies—with the University of Cambridge, Origin Capital and other existing shareholders also taking part.

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Li-ion Lithium Ion Universal Low Cost 259

Green Car Congress

JULY 1, 2022

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Cost Of Renewable Wind Egypt 210

Green Car Congress

JUNE 8, 2018

This will also offer the company far greater potential to develop connected and other services for customers. These initiatives will help transform Volvo from being purely a car company to being a direct consumer services provider. increase in operating profit and global sales of 571,577 cars.

Volvo 170

Volvo Sale Cars Financing 170

Green Car Congress

JANUARY 10, 2020

IONITY, a joint venture of BMW Group, Daimler AG, Ford Motor Company, as well as the Volkswagen Group with Audi and Porsche, has to date opened 202 charging sites across 18 European markets. To finance the necessary chargers, the analysis estimates Europe needs €20 billion over the next 11 years, or €1.8

Europe 243

Europe Financing Switzerland DC 243

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

JUNE 25, 2013

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. The Administration will also seek to expand bilateral cooperation with major emerging economies.

Obama 249

Obama Cleaner Climate Fuel Economy 249

Green Car Congress

JULY 22, 2009

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). How does the US deal with local and state economies with high carbon economies and little renewable resources?

Financing 150

Financing Renewable Stimulus Package Energy 150

Teslarati

OCTOBER 24, 2023

The Korean company warned of slowing revenue growth in 2024 during the announcement. It explained that global economic uncertainties might affect electric vehicle car sales. Tesla CEO Elon Musk shared similar concerns about interest rates during the company’s last earnings call.

Energy 93

Energy Tesla Buy Financing 93

Green Car Congress

FEBRUARY 3, 2017

Under the plan, Grab will invest US$700 million in Indonesia over the next four years to support Indonesia’s goal of becoming Southeast Asia’s largest digital economy by 2020. To equip Indonesian engineers with globally competitive skills, Grab will provide training opportunities at its R&D centers in Singapore, Beijing and Seattle.

Indonesia 150

Indonesia 2020 Asia Financing 150

Green Car Congress

AUGUST 6, 2012

General Motors Ventures LLC has invested in NanoSteel Company, a developer of proprietary nano-structured steel material. GM Ventures joined lead shareholders EnerTech Capital and Fairhaven Capital Partners and five existing investors to complete the Series C financing round. Terms of the GM Ventures investment were not disclosed.

Light 231

Light GM Companies Fuel Economy 231

Green Car Congress

JANUARY 8, 2014

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Tesla Motors will have a bumpy year. Electric motorcycles breakout.

2014 346

2014 Global Sale Motorcycles 346

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. We know a circular economy with renewable energy is the path, and we have positioned ourselves to be the alternative energy capital of the world. That’s why our partnership with SGH2 is so important.

Waste 448

Waste Hydrogen Green California 448

Green Car Congress

MARCH 30, 2018

Although the initial contract value of the feasibility study is relatively small, the project has the potential to be one of the largest of its kind globally, with total hydrogen electrolysis capacity of up to 300MW under consideration, to be used to supply both domestic and international export demand. and G&S Budd Consulting Ltd.

Hydrogen 186

Hydrogen Renewable Power Powered 186

Baua Electric

MARCH 26, 2024

Li-Cycle is one of a number of companies, including privately held Redwood Materials, eyeing growth in the recycling business. The company was still informing affected staff about the cuts on Tuesday afternoon. Johnston and Kochhar had essentially run the company together, although the reorganization will see Johnston stepping back.

Auto 52

Auto Batteries Battery New York 52

Green Car Congress

JULY 25, 2009

The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. The role of each of the partners is the following: Valeo – the drive-train electronics and thermal. Earlier post.)

Financing 150

Financing Emissions Fuel 2008 150

Green Car Congress

AUGUST 16, 2018

Neste, the leading producer of renewable diesel, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are collaborating in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics.

Waste 170

Waste Renewable Fuel Oil 170

Green Car Congress

OCTOBER 24, 2011

Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.

Climate Change 360

Climate Change Climate Global Energy 360