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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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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). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. —Colin McKerracher.

Cleaning 259
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Molycorp purchases remaining shares of European rare earth processing company

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has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. On 1 April 2011, Molycorp purchased a 90.023% stake in AS Silmet in a transaction valued at approximately $89 million. Molycorp, Inc. With offices in the US, Europe, and Japan, Molycorp, Inc.

Purchase 199
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E.ON Power-to-Gas facility begins commercial operations; wind-to-H2

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The plant uses wind power and Hydrogenics’ electrolysis equipment to transform water into hydrogen, which is then injected into the existing regional natural gas transmission system. one of the first companies to demonstrate that surplus energy can be stored in the gas pipeline system in order to help balance supply against demand.

Wind 210
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Plug to build large-scale green hydrogen generation plant at port of Antwerp-Bruges

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Sixty percent of Europe’s purchasing power is located within 300 miles. The site location provides the opportunity for a ready supply of electricity from on-site and site-adjacent wind turbines generating dozens of megawatts, with an electric interconnection point less than a mile away.

Hydrogen 259
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Iwatani, SG H2 & City of Lancaster to launch green hydrogen transportation eco-system

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Energy company SG H2 Energy; the City of Lancaster, California; and Iwatani, Japan’s leading hydrogen industrial gas company and a developer of hydrogen refueling stations (HRS) in California, are launching California’s first closed-loop green hydrogen ecosystem for transportation.

Hydrogen 307
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Tesla launches Powerwall and home energy demos

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On Tuesday, Tesla launched a new Solar and Powerwall ownership demo in the Tesla app, demonstrating how the system can be used by owners of the company’s smart home energy storage suite. Tesla Solar Roof withstands 155 mph winds, Powerwall survives hours-long underwater ordeal What are your thoughts? in the same month.

Energy 134
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United announces investment in, commercial agreement with Dimensional Energy; CO2-to-SAF

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million award from ARPA-E ( earlier post ), has developed a reactor and catalysts to convert CO 2 and hydrogen from water into syngas for use in the Fischer-Tropsch process. Under the commercial agreement, United has agreed to purchase at least 300 million gallons of SAF over 20 years from Dimensional.