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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

Green Car Congress

Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide. The Mangrove technology is derivative of the company’s original focus on the treatment of produced water.

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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

Green Car Congress

The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Planned completion and start of production is in 2025.

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

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NSF to award up to $13M for fundamental work on sustainable production of electricity and transportation fuels

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Photosynthetic processes used by plants or algae use sunlight to convert atmospheric CO 2 to energy-rich metabolites (carbohydrates, lipids, or hydrocarbons) which can be processed into transportation fuels. Solar photovoltaic (PV) devices harvest and convert sunlight directly to electricity. Photovoltaic Solar Energy.

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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals.

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Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

Startups have this innate potential to take up an idea and converting it into a viable business plan then scaling it into a massive success. Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. Revolt Intellicorp.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car.

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