Green Car Congress

AUGUST 2, 2022

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

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Financing Renewable Wind Energy 243

Green Car Congress

MARCH 21, 2022

V, equating to 98% energy efficiency, with an energy consumption of 40.4 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.

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Hydrogen Energy Water Renewable 396

Green Car Congress

APRIL 9, 2020

AMPLY identified 40% of annual energy savings its managed charging software platform could realize, while guaranteeing vehicles were charged and ready to work each day. For Tri-Delta, this is realizing up to 40% savings on energy rates. AMPLY expects savings to increase as Tri Delta Transit expands its electric bus fleet in the future.

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Energy Powered Power New York City 481

Green Car Congress

JUNE 1, 2021

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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Energy Storage Czech Republic Energy Battery 397

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

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China Energy Indonesia Power Grid 416

Green Car Congress

OCTOBER 15, 2020

The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each.

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Cleaning Clean Energy Energy Storage 371

Green Car Congress

AUGUST 2, 2022

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

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Financing Nissan Electric Vehicles Re-Charge 199

Green Car Congress

JANUARY 17, 2023

Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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Energy Storage Corporation Companies Energy 259

Green Car Congress

JULY 15, 2020

The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Energy Storage Energy United States Financing 300

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Financing Hydrogen Manufacturer Wind 243

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Energy Coal 2020 344

Green Car Congress

SEPTEMBER 20, 2020

Nuvve began using the microgrid’s 5 MWh lithium-ion battery, which historically focused on the management of campus energy peaks, to bid into wholesale energy markets in June 2020. Leap operates a leading marketplace for grid flexibility focused on Distributed Energy Resources.

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Grid San Diego Market Energy 334

Green Car Congress

DECEMBER 22, 2022

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. The research is enhanced by CVA’s strategic partnership with energy partners across Africa, Europe and around the world. This is equivalent to energy costs of US$60 a barrel.

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Africa Mauritania Hydrogen Green 481

Green Car Congress

MARCH 25, 2020

Loop Energy, a provider of fuel-cell-electric range-extenders for medium- and heavy-duty transport applications, has received an additional cash investment from Cummins Inc. Loop Energy fuel-cell range extenders comein 30 kW and 50 kW versions. Earlier post.). Earlier post.).

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Transportation Commercial Fuel Energy 276

Green Car Congress

JUNE 15, 2023

million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Carbon Fuel Financing Hydrogen 418

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Proterra and Pace Suburban Bus has awarded Proterra a $26.5-million Proterra 40' ZX5 Max.

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Fleet Purchase North America Energy Storage 448

Green Car Congress

FEBRUARY 20, 2023

Mexican President Andres Manuel Lopez Obrador (AMLO) has nationalized lithium, handing responsibility for lithium reserves over to the energy ministry. The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ).

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Mexico Bolivia Argentina Chile 543

Green Car Congress

JULY 23, 2022

EVE Energy, Zijin Lithium and Ruifu Lithium hold 26%, 34% and 40% respectively. However, Eve Energy will own 66% of the rights to sell the JV’s products; EVE says this is conducive to its continuous improvement of the battery raw material industry chain layout.

Energy 199

Energy Financing Battery Batteries 199

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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Renewable Climate Financing 2018 349

Green Car Congress

DECEMBER 13, 2022

The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

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Manufacturer Ohio Battery Batteries 435

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

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Charging Financing Store Porsche 417

Green Car Congress

JUNE 14, 2021

German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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Australia Germany Hydrogen Green 334

Green Car Congress

NOVEMBER 27, 2021

By utilizing geothermal energy to power this extraction, there is the opportunity to produce zero-carbon lithium. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy. Source: Cornish Lithium.

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Financing Water Li-ion Lithium Ion 419

Cars That Think

MARCH 12, 2025

Organizers wanted to showcase how their small nation of nearly 11 million, on the western shore of the Caspian Sea , had evolved over its three decades of independence and was ready to play a role in the world s energy transition. But if they succeed, it will mark a bold feat of engineering to boost clean energy and fight climate.

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Azerbaijan Energy Armenia Powered 93

Green Car Congress

APRIL 8, 2021

Apex Clean Energy has ordered 19 electrified Ford F-series pickup trucks from XL Fleet, including ten plug-in hybrid electric and nine hybrid electric systems for pickups in its service fleet, for delivery in the second quarter of 2021.

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Fleet Cleaning Clean Energy 243

Green Car Congress

APRIL 30, 2023

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

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Energy Financing Renewable Denmark 210

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Fusion Power Powered Energy 250

Green Car Congress

JANUARY 20, 2021

A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Renewable energy investment.

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2020 Global Energy United Arab Emirates 259

Electrek

JUNE 20, 2024

Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project.

Financing 138

Financing Battery Batteries Energy 138

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). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

FEBRUARY 24, 2023

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. However, it is also a high-quality energy carrier, particularly as a storage medium for hydrogen.

Transportation 273

Transportation Industry Industrial Energy 273

Green Car Congress

MARCH 13, 2021

With the integration of a cavern storage facility by RWE in Gronau-Epe, the system, which is based on electricity generation from wind energy, can also make a contribution to supply security. The current focus is on the amendment of the Energy Industry Act (EnWG). The IPCEI program can finance the network construction in part.

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Hydrogen Green Europe Gas-Electric 435

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe, however, is catching up with a significant ramp-up in capacity fueled by the current energy crisis.

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Energy Storage Global Market Energy 259

Green Car Congress

MAY 10, 2022

It will improve Europe’s sustainable and secure energy supply and reduce EU’s reliance on Russian gas. Clean hydrogen is indispensable to reduce industrial carbon emissions and contribute to our energy independence from Russia. We have no time to lose, which is why this European electrolyzer summit is so opportune.

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Manufacturer Hydrogen Russia Renewable 366

Green Car Congress

FEBRUARY 4, 2021

Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. GEV will be responsible for design approvals, development, financing, and operation of C-H 2 Ship, along with integration of the required power system. Earlier post.).

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Hydrogen Global Fuel Mariner 243

Green Car Congress

FEBRUARY 22, 2023

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

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Hydrogen Economy Global Egypt 473

Electrek

JANUARY 17, 2025

The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Ricos fossil fuel plants with solar and battery storage through 2032.

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Puerto Rico Financing Solar Grid 136