Remove Financing Remove Grant Remove Industry Remove Installation
article thumbnail

Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

Green Car Congress

Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. The rest of the financing comes from LeydenJar’s client projects, earlier committed grants and the Series A investment round in 2021.

Companies 231
article thumbnail

Global Bioenergies obtains €4.4M loan to complete financing of demo plant, begins construction

Green Car Congress

million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

Financing 150
article thumbnail

UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” Johnson announced the plan as part of his outline of a 10-point plan supporting the Green Industrial Revolution.

Gasoline 304
article thumbnail

ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

Green Car Congress

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. Jacobs provided installation support of its patented Cylinder Deactivation (CDA) technology, which complements the ClearFlame high-temperature, carbon-neutral strategy.

Diesel 321
article thumbnail

Pennsylvania DEP awards nearly $517,000 in clean diesel grants

Green Car Congress

The Pennsylvania Department of Environmental Protection (PA DEP) awarded $516,637 in clean diesel grants to four organizations. Recent monitoring indicates these counties’ particulate matter levels are meeting the standards, but continuous compliance must occur before EPA will grant an attainment designation.

article thumbnail

FREYR Battery sanctions construction of its inaugural gigafactory, increases plant capacity to 29 GWh; $1.7B capital cost

Green Car Congress

billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 It is an important confirmation that public and private partnerships are important to be successful in creating the green industry of the future.

Norway 150
article thumbnail

Kolhapur has potential to be auto component mfg hub: Gadkari – ET Auto

Baua Electric

Union road transport minister Nitin Gadkari on Saturday said Kolhapur had the potential to become a hub for manufacturing automobile components and that govt was looking to turn the ethanol industry into a INR 2-lakh-crore sector. Kolhapur is home to sugar mills and we are going to make the ethanol industry a INR 2-lakh-crore sector.

Auto 52