Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. Work on the site is planned to start in 2021, and the first production is expected next year. TECO 2030 ASA is evaluating various financing alternatives for the new giga factory. Earlier post.).

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Norway Hydrogen Production Fuel 243

Baua Electric

FEBRUARY 7, 2024

Credit rating agency Moody’s has upgraded South Korean automotive manufacturer Hyundai Motor Company’s corporate rating to A3 with a stable outlook, from a previous rating of Baa1, with a positive outlook.

Corporation 40

Corporation Hyundai India Financing 40

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

Europe 210

Europe Batteries Battery Financing 210

Green Car Congress

AUGUST 3, 2014

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

JULY 29, 2014

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Exelon Corporation is the US’ leading competitive energy provider, with 2013 revenues of approximately $24.9

Financing 210

Financing District of Columbia Commercial Energy 210

Green Car Congress

MARCH 21, 2022

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. This leads to inherently bubble-free operation at the electrodes.

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

APRIL 22, 2021

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

Hydrogen 397

Hydrogen Universal Commercial Building 397

Baua Electric

JULY 13, 2023

Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees. The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. However the proportion worth has recovered to related at $1.38

Delaware 52

Delaware Financing Hydrogen Gasoline-Electric 52

Green Car Congress

DECEMBER 21, 2020

Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

Lithium Ion 170

Lithium Ion Li-ion Production Washington 170

Green Car Congress

FEBRUARY 23, 2023

Expansion plans towards more than 100,000tpa production support Talga’s aim of becoming one of the world’s largest battery anode producers, by manufacturing high performance graphite battery materials within Europe from large high grade deposits in Sweden. BurnVoir Corporate Finance acted as financial adviser to the company.

Li-ion 218

Li-ion Sweden Financing Corporation 218

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis. Source: CEFC.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

NOVEMBER 27, 2021

Following completion of the scoping study, the company intends to construct a demonstration scale beneficiation and hydrometallurgical plant in order to refine further the metallurgical extraction process, which will ultimately inform the design of a commercial production plant.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

JANUARY 27, 2023

The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment.

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Production Carbon Conversion Mariner 225

Green Car Congress

JUNE 3, 2022

SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.

Industrial 397

Industrial Industry Emissions Vehicles 397

Green Car Congress

AUGUST 5, 2022

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million).

Commercial 307

Commercial Australia Hydrogen Denmark 307

Green Car Congress

JANUARY 17, 2012

SGB is using molecular breeding and biotechnology to improve significantly jatropha yields and to reduce input costs, and has developed proprietary hybrid seed production technology enabling the large-scale deployment of higher yielding and uniform planting material adapted to unique growing conditions around the world.

Financing 186

Financing Brazil Low Cost Hybrid 186

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

Motor 321

Motor Motors Motoring Fleet 321

Green Car Congress

DECEMBER 7, 2021

Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil. —Ana Cabral-Gardner, co-CEO and lead commercial officer.

Brazil 150

Brazil Production Financing Canada 150

Green Car Congress

OCTOBER 9, 2013

million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Achates Power, Inc., the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2

Financing 236

Financing Industrial Industry Engine 236

Green Car Congress

NOVEMBER 19, 2012

Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. After the initial batch of 1,000 model year 2013 cars, production will increase to 4,000-6,000 cars as of model year 2014. The two companies have financed the development project jointly. Earlier post.)

Corporation 236

Corporation Volvo Plug-in 2014 236

Green Car Congress

OCTOBER 8, 2014

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

Acura Honda Solar Financing 218

Green Car Congress

MARCH 17, 2020

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. TRI-AD), TOYOTA Connected Corporation, and Toyota Motor North America, Inc., and relationship-building with partner companies.

Toyota 286

Toyota Corporation Financing Connect 286

Green Car Congress

SEPTEMBER 18, 2022

Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; Given existing proven technologies for the production, storage, and transportation of ammonia, it is expected to have early take-up as a lower-emission fuel.

Australia 195

Australia Japan Supplies Emissions 195

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

MARCH 6, 2021

Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. Marubeni Corporation is a major conglomerate keen on advanced technology businesses and now becomes a key strategic partner for Skeleton Technologies.

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

OCTOBER 21, 2021

Along with Allison, FAW Group Corporation of Changchun, Jilin, China, will also participate as a strategic investor in JJE’s IPO, according to the IPO announcement from the Shanghai Stock Exchange. Earlier post.). Earlier post.).

North America 186

North America China Michigan 2008 186

Green Car Congress

MARCH 30, 2018

In the initial phase of the project, ITM Power will undertake a techno-economic feasibility study for the large-scale centralized production of renewable hydrogen in the province of British Columbia (BC). Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline.

Hydrogen 186

Hydrogen Renewable Power Powered 186

Green Car Congress

SEPTEMBER 5, 2021

China National Petroleum Corporation (CNPC) recently put its first hydrogen station in Beijing into operation. Jointly built by CNPC and Beiqi Foton Motor Co., Foton), the hydrogen station covers an area of about 1,700 square meters in Changping District. In China, CNPC has 22,62 service stations.

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Hydrogen Asia Russia Africa 300

Green Car Congress

MAY 8, 2022

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.

Namibia 284

Namibia Chinese Companies Financing 284

Green Car Congress

MARCH 10, 2023

New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America's leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals. Series A funding propelled us from patent to pilot.

Engine 150

Engine Financing North America Clean 150

Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

MAY 16, 2022

The facility is on track to achieve full-scale production of 7 million ethanol gallons equivalent (EGE) of RNG annually by mid-summer 2022. The integration of RNG and ethanol production, unique to VERBIO, incorporates advanced operational technology to build on the company’s successful experiences in Europe.

USA 195

USA Nevada Iowa North America 195

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

South Africa 186

South Africa Hydrogen Green Africa 186

Green Car Congress

FEBRUARY 4, 2021

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. With targeted partnerships we will accelerate the development of key technologies to bring best-in-class products to our customers rapidly.

Companies 497

Companies Mercedes Cars North America 497

Green Car Congress

JANUARY 14, 2023

If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year. Earlier post.).

Nevada 199

Nevada Manufacturer Corporation Carbon 199

Green Car Congress

AUGUST 31, 2022

FREYR Battery and Nidec Corporation finalized an expanded 38 GWh battery cell sales agreement from 2025 – 2030. Nidec will have the option to increase the cumulative offtake volumes to 50 GWh over the life of the contract, which would represent as much as 50% of projected production from FREYR’s Giga Arctic development.

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Li-ion Supplies Norway Energy Storage 150

Teslarati

DECEMBER 11, 2023

She was Director, Head of Business & Corporate Finance from 2017 to 2019, and Corporate Development Officer/Director from 2019 to 2022. House was appointed Lucid’s CFO in May 2021. Before working at Lucid, House worked at Waymo for three years. We wish Sherry the best of luck in her next chapter.”

Corporation 101

Corporation 2019 Financing 2017 101