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Electreon to supply Israel’s 4th largest bus operator with wireless charging infrastructure; simultaneous charging of 30 buses

Green Car Congress

Electreon, a provider of wireless and in-road electric vehicle (EV) charging technology, signed an agreement of cooperation with Israel public transportation company Electra Afikim. The cost of the deal is $1.9 In addition, Electra Afikim will bear the cost of the electricity.

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Levant LNG signs agreement with Gazprom subsidiary on negotiation of sales of LNG produced offshore Israel

Green Car Congress

executed a Heads of Agreement (HOA) with Gazprom Marketing and Trading Switzerland AG (GM&T CH), a subsidiary of Russian gas major Gazprom, in which the parties agreed to negotiate in good faith a binding agreement for the sale of the LNG to be produced at the Floating LNG (FLNG) facility offshore Israel. Earlier post.). Pangea LNG B.V.

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Levant LNG signs agreement with Gazprom subsidiary on negotiation of sales of LNG produced offshore Israel

Green Car Congress

executed a Heads of Agreement (HOA) with Gazprom Marketing and Trading Switzerland AG (GM&T CH), a subsidiary of Russian gas major Gazprom, in which the parties agreed to negotiate in good faith a binding agreement for the sale of the LNG to be produced at the Floating LNG (FLNG) facility offshore Israel. Earlier post.). Pangea LNG B.V.

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Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing.

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Israel Cellulosic Ethanol Startup Closes $5.5M First Round from Khosla and Burrill

Green Car Congress

Israel startup HCL CleanTech Ltd. million in its first financing round from Burrill & Company and Khosla Ventures. The Bergius process ensured high yields of sugars, but the costs of recovery and reconcentration of the HCL has made the process costs too high for economic viability. HCL CleanTech process.

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Foresight signs a pilot agreement with one of China’s top three largest car manufacturers

Green Car Congress

Israel-based Foresight Autonomous Holdings Ltd., The pilot project will be financed by the manufacturer, except for production, shipping and system installation costs of Foresight’s Eyes-On system. This is the third pilot agreement the company has entered into with leading Chinese car manufacturers in recent months.

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GE and Better Place Partner to Accelerate EV Infrastructure Deployment; Integrating GE WattStation with Better Place Services

Green Car Congress

GE and Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development; battery financing; joint fleet electrification programs; and consumer awareness. GE’s WattStation.