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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

Green Car Congress

In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.

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Global Bioenergies receives 13 LOIs for purchases covering the capacity of its renewable isobutene and derivatives plant

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Global Bioenergies has received 13 letters of intent from French and international industrial leaders for purchases totaling 49,000 to 64,000 tons of isobutene and derivatives annually. The investment bank Vulcain is assisting IBN-One in putting together the financing package and identifying financial partners for the project.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

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Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the MineraƧao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. They have a combined 2022 Adjusted EBITDA of $260 million. lb nickel for open pit; c.

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Ford launches new global battery center of excellence

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Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. In North America, the Ford Mustang Mach-E already has found early sales success.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEFā€™s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

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GE Capital to provide financing for electric motorcycle maker Brammo

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GE Capitalā€™s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

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Renault outlines initial HYVIA hydrogen fuel cell vehicle and infrastructure offerings

Green Car Congress

The products will be sold throughout Europe. A range of financing options and maintenance services will also be offered. The HYVIA hydrogen refueling stations will be available to rent or purchase and are guaranteed to be simple and safe to use. HYVIA is located in France at four locations.

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