article thumbnail

Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

Green Car Congress

Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide.

Sodium 221
article thumbnail

Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

Green Car Congress

This process eliminates the acid-leaching of spodumene and the production sodium sulfate waste, which will make Tennessee Lithium one of the world’s most sustainable lithium hydroxide operations, according to the company. Front-End Engineering Design (FEED) for Tennessee Lithium will be performed by Kiewit and Primero.

Tennessee 243
article thumbnail

Clean water company Ostara raises $14.5M for major expansion

Green Car Congress

million private equity financing. Led by VantagePoint Capital Partners, a global investor in energy innovation and efficiency, the financing also included existing Ostara investor, London-based Frog Capital and a group of new investors including Waste Resources Fund L.P., Ostara Nutrient Recovery Technologies Inc.,

Water 225
article thumbnail

LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

Green Car Congress

New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel.

article thumbnail

IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

Green Car Congress

Progress in implementing plans for the disposal of high-level radioactive waste will also be essential. Financing the construction of new nuclear plants is expected to be a major challenge in many countries. Sodium-cooled fast reactor (SFR). Concepts for Gen IV Systems. Very High Temperature Reactor (VHTR).

Global 210
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car.

Clean 371