Green Car Congress

MAY 3, 2021

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. EnergyX) has secured commitments of $20 million in financing. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. Earlier post.) tons by 2040.

Companies 448

Companies Lithium Ion Energy Storage Cleaner 448

Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243

Financing Renewable Wind Energy 243

Green Car Congress

JULY 23, 2019

VC funding in Battery Storage companies in 1H 2019 was up by 139% with $1.4 Announced debt and public market financing activity in the first half of 2019 ($547 million in five deals) was 275% higher compared to the first half of 2018 when $146 million was raised in six deals. million; Zenobe Energy secured $32.3 Smart Grid.

2019 207

2019 Financing Companies 2018 207

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electric 418

Green Car Congress

APRIL 26, 2023

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

BMW 199

BMW Supplies Companies Canada 199

Green Car Congress

MARCH 14, 2021

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

MARCH 7, 2023

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

Global 195

Global North America Hydrogen Fuel 195

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

MAY 23, 2023

Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.

Hydrogen 186

Hydrogen Green Companies Financing 186

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.

Porsche 243

Porsche Chile Global Industrial 243

Green Car Congress

FEBRUARY 22, 2021

million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams. Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, raised $48.9

Companies 230

Companies Financing BMW 2019 230

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Batteries Battery 218

Green Car Congress

SEPTEMBER 12, 2023

Conigital , a UK-based driverless vehicle company with operations in Australia, Brazil, and India, said it has secured an offer of £500 million (US$626 million) in Series A+ funding. This AI and simulation first approach ensures scalability and rapid iteration, the company says.

Global 150

Global Brazil Universal Vehicles 150

Green Car Congress

JANUARY 21, 2020

Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7 billion compared to $2.8

2019 195

2019 2018 Grid Companies 195

Green Car Congress

JULY 14, 2022

The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., Ongoing testing of Pilot Collection System before planned upgrade to Project Zero System. Source: TMC.

Nauru 397

Nauru Kiribati Tonga Companies 397

Green Car Congress

OCTOBER 20, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. billion compared to $1.2

2020 221

2020 Grid Companies 2019 221

Green Car Congress

SEPTEMBER 21, 2022

The findings of this joint research on ammonia cracking will help support industry-wide efforts to decarbonize transport and heavy industrial processes and lower carbon emissions to meet global climate goals. The company has been invested in by Amazon’s Climate Pledge Fund, AP Ventures, SK Innovation, Saudi Aramco Energy Ventures and DCVC.

Hydrogen 186

Hydrogen Global Supplies MIT 186

Green Car Congress

MARCH 24, 2021

To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 Preparations are underway to market a Z.E.

Range 459

Range Market Volvo Electric 459

Green Car Congress

JULY 22, 2022

In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

Fusion 243

Fusion Companies Google Chevron 243

Green Car Congress

MARCH 31, 2020

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243

Companies Malta New York City Financing 243

Green Car Congress

DECEMBER 1, 2021

BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets. —Kasper Sage, managing partner at BMW i Ventures.

BMW 186

BMW Companies North America Financing 186

Green Car Congress

SEPTEMBER 11, 2014

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

Financing Light Companies CO2 218

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344

Global Energy Coal 2020 344

Electric Vehicles India

JULY 20, 2021

for electric vehicle financing. India’s leading non-banking finance company for electric vehicle financing. Through the partnership the company wants to expand its business which will focus on E-Rickshaw loans, two-wheeler & three-wheeler loans, loans for utility vehicles, unsecured business and personal loans etc.

Financing 101

Financing Electric Vehicles Motor Motors 101

Green Car Congress

JULY 21, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. billion compared to $2.4 billion in 1H 2019.

Grid 221

Grid 2020 Companies Batteries 221

Green Car Congress

OCTOBER 9, 2018

Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). But the market looks increasingly crowded and consolidation is likely. —Colin McKerracher.

Clean 259

Clean Cleaning Companies South Africa 259

Green Car Congress

SEPTEMBER 23, 2021

6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.

Manufacturer 170

Manufacturer Global Batteries Battery 170

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

Climate 349

Climate Renewable Financing 2018 349

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. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

MAY 8, 2014

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. Comprising individuals known and respected for their extensive experience in Asian markets, the Board will offer strategic business and technological advice to Pinnacle Engines’ executive team.

Financing 291

Financing Engine Africa Asia 291

Green Car Congress

JUNE 26, 2020

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

Industrial 218

Industrial Industry Carbon Companies 218

Green Car Congress

FEBRUARY 17, 2012

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. — Biofuels Markets and Technologies. billion in 2011 to $185.3 billion by 2021.

Global 253

Global Market 2012 Financing 253

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.

Li-ion 239

Li-ion Manufacturer Global Batteries 239

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel.

Green 199

Green Companies Switzerland Denmark 199