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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.

Financing 318
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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.

Minnesota 482
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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.

Minnesota 159
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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.

Financing 150
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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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California GAP legislation: Sellers fast to conform

Baua Electric

Texas bans assured asset coverage that might value customers greater than 5 % of the quantity financed, and Colorado received’t let sellers worth the protection above $300 or 2 % of the quantity financed, whichever is larger. Minnesota bans the sale of the safety on impaired automobiles significance $5,000 or much less.

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Gevo options SD site for expansion project; 45M gallons per year renewable jet fuel and gasoline

Green Car Congress

Gevo intends to make a decision on whether to purchase the Lake Preston site in the future as part of Citigroup-led project financing. Lake Preston is in eastern South Dakota, about 105 miles from the facility in Luverne, Minnesota. It also has room to expand further, or add other businesses. —Patrick R. Gruber, Gevo’s CEO.

Renewable 170