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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

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.

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

Green Car Congress

million in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Background.

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. —Cory Johnson, project manager.

Fuel Tax 262
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Green Biologics secures $76M in financing; repurposing MN ethanol plant for n-butanol and acetone

Green Car Congress

In addition to the $42-million internal equity round, an additional $34 million in funding was raised predominantly in debt financing from Tennenbaum Capital Partners (TCP), along with equity and debt investment rolled over by existing members of Central MN Ethanol Co-op LLC (CMEC) in Central MN Renewables LLC (CMR), a US affiliate of GBL.

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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. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5

Diesel 321
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Utility proposes huge EV charging network funded by ratepayers

Green Car Reports

Minnesota electrical utility Xcel Energy aims to build a large EV charging network financed by rate hikes, potentially including for customers who don't own an EV.

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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

Green Car Congress

The Accelerating Alternatives for Minnesota Drivers project will provide safety and technical assistance and training related to Plug-in Vehicle (PEV) and natural gas fueling infrastructure; establish the Minnesota Natural Gas. vehicle implementation; establish a Minnesota green fleet recognition. Project lead. Description.

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