Remove Financing Remove Grant Remove Grid Remove North Carolina
article thumbnail

Highland Electric Transportation raises $253M to accelerate electrification of school fleets

Green Car Congress

The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. With technology solutions allowing vehicles to optimally charge and provide grid services, Highland is helping customers improve energy efficiency and resiliency.

article thumbnail

DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025. Of that, $1.6

Parts 459
article thumbnail

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Transit agencies began submitting their proposals after the FTA announced rules for the Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) grant program as part of the Recovery Act last March. Since President Obama signed ARRA into law in February, grants totaling more than $7.2 The DOT is making $48.1

Emissions 256