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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

Financing 243
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Hampleton Partners: Autotech M&A remains constant, driven by EVs and charging

Green Car Congress

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273
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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The companies have already completed or initiated a range of solar projects for homeowners, dealerships and corporate facilities that total more than 12.5 Earlier post.) MW of solar generation capacity. Earlier post.)

Acura 218
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Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

Green Car Congress

The technology, invented by scientists at the University of Wollongong, is now being commercialized by Hysata , with backing from IP Group and the Clean Energy Finance Corporation (CEFC). Hodges et al. kWh/kg, compared to 75 percent or less for existing electrolyser technologies.

Hydrogen 396
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VERBIO launches first cellulosic RNG plant in the USA

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Then we will process up to 100,000 tons of corn stover into renewable natural gas (RNG) every year and make it available for the market as a climate-friendly, renewable biofuel. Our advanced and approved technology sets new standards in the US biofuels market. Nevada is just the beginning.

USA 195
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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

It will produce First Solar’s Series 7 solar panels that are developed at its US R&D centers and optimized for the Indian market. The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. Get started here. –ad*

India 52
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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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. USO is a global leader in manufacturing flexible, lightweight thin-film photovoltaic products for use in the commercial rooftop and building-integrated markets.