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Gevo closes $68M Green Bond to finance RNG project

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has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. million in reimbursement for development, long lead equipment, and financing costs incurred during the development period upon closing of the Green Bond Offering.

Financing 334
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ClearFlame Engine Technologies secures $17M in Series A financing

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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

Financing 318
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Anaergia to supply RNG to FuelCell Energy to create renewable hydrogen supporting Toyota’s port facility

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announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc. The fuel cells will also produce a net 2.3

Renewable 199
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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. This would be the end of the plant, IG Metall said. With a current production volume of 4.2

Financing 221
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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

Volt 334
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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

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has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread. Earlier post.).

Clean 191
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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. ACES Delta is a joint venture between Mitsubishi Power Americas and Magnum Development.