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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

Green Car Congress

Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

51-year-old Energy Conversion Devices, Inc. OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. million in outstanding 3% Convertible Senior Notes due 2013. Earlier post.) Sale of United Solar.

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Alberta Climate Change and Emissions Management (CCEMC) Corporation Awarding C$37.5 Million in Funding for Renewable Energy Projects from Biofuels to Home Generation

Green Car Congress

Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 Since 2007, Alberta companies that annually produce more than 100,000 tonnes of greenhouse gas emissions are legally required to reduce their greenhouse gas intensity by 12%. million (US$36.6 million (US$1.76 C$10 million (US$9.8

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Advocating electric in the heartland

Electric Auto Association

With the support of the Sierra Club and other organizations, the ordinance was challenged legally and eventually landed in the Kansas Supreme Court where it was ruled illegal last April. “It

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How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs. At that point, we expect the aftermarket companies prices to have come down sufficiently so that their conversions will be attractive to owners of hundreds of thousands of hybrids already on the road. So far, most start as hybrids.

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How Ted Hoff Invented the First Microprocessor

Cars That Think

Currently, though history traces today’s microprocessor back to Hoff, Mazor, and Faggin, the legal rights to the invention belong to Hyatt. We thought,” Hoff told Spectrum , “we could integrate this, the analog-to-digital conversion, on a chip, and then use these circuits as the basis for switching.” Sunnyvale, Calif.,

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Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

I said I would consider it, but that I was really hoping to establish a precedent, legally speaking, beyond Torrance. You pay your corporate taxes on-line. I know these them, I lived in Japan I know these people, I’ve sat and had conversations with them. I want it to be all of California. And this is boring. Sunpower panels.

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