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

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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. Responses are due by 31 January 2014.

Financing 270
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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. overseeing all powertrain technologies, as well as the 2014 Society of Automotive Engineers (SAE International) presidential nominee.

Financing 236
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet is moving aggressively to commercialize its technology and scale production of its renewable fuel and CoolTerra products. Click to enlarge.

Financing 225
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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

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The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. In commercial vehicles, Flybrid M-KERS offers affordable hybrid efficiency within a five-year payback period. M-KERS captures and stores energy that is otherwise lost during vehicle deceleration events.

2015 247
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Volvo Car Corporation ramps up assembly of V60 diesel plug-in hybrid; up to 6K units for MY 2014

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After the initial batch of 1,000 model year 2013 cars, production will increase to 4,000-6,000 cars as of model year 2014. The assembly of the first commercial light-duty diesel plug-in hybrid has been successfully integrated on the same line as the company’s other models at the Torslanda plant in Gothenburg. Earlier post.)

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ClearFuels to Develop Co-Located Commercial-Scale Biorefinery for Renewable Jet or Diesel Production in Tennessee

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have executed a Memorandum of Understanding (MOU) regarding the development of a commercial scale biorefinery facility for the production of renewable jet or diesel fuel. The project is currently expected to be operational by early 2014. Biomass-to-liquids company ClearFuels Technology Inc. and Hughes Hardwood International, Inc.

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BASF invests $30M in supercritical hydrolysis company Renmatix, leading $50M financing round

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The BASF subsidiary led a $50-million financing round, joined by new and existing investors. Thanks to the partnership with BASF we can now develop and commercialize our technology more efficient. Earlier post.) We have already demonstrated the functionality of the Plantrose process in a pilot plant. —Mike Hamilton, Renmatix CEO.

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