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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

Green Car Congress

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

Financing 243
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Aqueous hybrid-ion battery company Aquion completes $55M financing round

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a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aquion will begin shipping production units to customers in the first half of 2014 from its manufacturing facility in Westmoreland County, Pennsylvania.

Financing 301
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Comment on Tesla scraps plans for low-cost car amid fierce competition from Chinese EVs, report says by John Hanna

CN EV Post

Just as there are LH drive and RH drive versions of each of Tesla's models, the plan contemplates production facilities that can generate either the steering-wheel-required mass market entry model, or the no-steering-wheel version for robo-taxi use. 8 what's coming sooner than thought even a few months ago.

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Golar and Schlumberger form OneLNG JV; targeting development of low cost gas reserves to LNG

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Golar LNG Limited and Schlumberger have formed OneLNG, a joint venture to develop rapidly low cost gas reserves to LNG. This future financing will take into account Golar’s FLNG intellectual property through an equitable contribution mechanism to be agreed between the parties.

Low Cost 150
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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. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.

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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This function is often vertically integrated with hydrogen production.

Financing 270
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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218