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bp leads $12.5M Series A investment in water vapor electrolyzer innovator Advanced Ionics

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million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment of its water vapor electrolyzer technology for heavy industry.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Tesla warned by Mexican President about water shortage issues

Teslarati

Mexican President Andrés Manuel López Obrador has warned that a persistent water shortage in the country’s Northern section may inhibit production at Tesla’s potential facility in Nuevo Leon. Water is just one of the numerous materials consumed in the process of producing vehicles, but it is a vital one.

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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 Energy, Inc., Earlier post.). Click to enlarge. The batteries have shown high cycle life of more than 5,000 cycles at high rates, (100% DoD).

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Study confirms €1T green hydrogen potential for Africa

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Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.

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Cornish Lithium secures £18M funding package from TechMet

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This means there is significant potential for lithium-enriched geothermal waters across the region. These waters can be accessed via boreholes drilled from the surface in to permeable geological faults at depth. Cornish Lithium aims to produce battery-quality zero-carbon lithium chemicals directly from the geothermal waters.

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