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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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The Licence grants exclusive rights to mine graphite from within the M1 mining area. The Government of Sri Lanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd. Vancouver-based Ceylon Graphite Corp.

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EU grants €161.3M to support 26 transportation infrastructure projects

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million (US$211 million) in EU co-financing from the trans-European transport network (TEN-T) program ( earlier post ) to continue improving transport infrastructure across the EU. The 2011 Multi-Annual Programme Call granted €161.3 The grants will also help to mobilize substantial public and private financing.

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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

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Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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Iveco Group acquires full control of Nikola Iveco Europe

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Nikola is granted the IVECO S-Way technology license for North America and related component supply from Iveco Group, and gains joint ownership of the intellectual property of Generation 1 eAxles, technology developed together with Iveco Group’s powertrain brand, FPT Industrial.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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million in new financing. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 2019.165962.

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Accelergy awarded $1.3M grant for pilot Coal-Biomass-to-Liquids plant in Pennsylvania; algae-based carbon capture

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million grant from the Commonwealth of Pennsylvania to move forward on the construction of a facility to demonstrate its integrated coal-biomass-to-liquids (CBTL) technology platform ( earlier post ) at Intertek PARC, located at the U-PARC facility in Pittsburgh. Accelergy Corporation has received a $1.3-million Earlier post.) Earlier post.)

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Range Fuels Closes on $80M Loan Guaranteed by USDA for Cellulosic Biofuels Plant

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Range Fuels, Inc. The proceeds from the $80 million bond will be used to partially finance the first two phases of construction of Range Fuels’ first commercial cellulosic biofuels plant using renewable and sustainable supplies of non-food biomass near Soperton, Georgia. helped facilitate the financing of this bond transaction.

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