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Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25
Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 Investissement Québec, as a mandatary for the Government of Québec, is one of the largest institutional investors in Canada. recently closed a C$50-million (US$47.6-million)
Canada-based Li-ion battery maker Electrovaya Inc. completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. accelerates, the Office of the Chairman will focus and build on the opportunities for Electrovaya through.
Canada-based Enerkem Inc., In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. This new and significant financing will help accelerate our growth and further expand project development and implementation. Earlier post.). — Enerkem President and CEO Vincent Chornet.
Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. InCharge Energy’s innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. —Frank Muehlon, President of ABB’s E-mobility Division.
Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada.
The final Regulations Amending the Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations for model year 2017 and beyond will be published in the Canada Gazette, Part II, on 8 October. The Notice of Intent for heavy-duty vehicles and engines would build on existing regulations for 2014-18 model years.
The Government of Canada’s commitment to eliminating inefficient fossil fuel subsidies signals both greater support for clean technology as well as emission reductions across the economy from traditional sectors. Canada is also committed to phasing out public financing of the fossil fuel sector.
Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.
Building sustainable and clean energy systems will be harder, riskier and more expensive without nuclear, according to the new report, Nuclear power and secure energy transitions: From today’s challenges to tomorrow’s clean energy systems.
The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion); Kinder Morgan has agreed to work with the Government of Canada to seek a third-party buyer for the Trans Mountain Pipeline system and TMEP. This is an investment in Canada’s future.
Canada-based Neo Lithium Corp. It further strengthens our long-term commitment and focus on our Project as we work together with CATL to bring 3Q into full development by building a comprehensive financing plan. Space is available to build the ponds in a suitable location, from a geotechnical perspective.
Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.
Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board. The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45
million in funding between them, and during the program they will receive education, mentorship and access to technology from corporate and technology partners including new partners IBM Canada and TribalScale, and existing partners including Techstars, OMERS Ventures, and the City of Toronto. The nine participating startups have raised $2.7
Canada-based start-up CelluFuel Inc. CelluFuel, established in October 2012, is striving to develop an innovative pathway to help the Canadian forestry sector create value—particularly important in the wake of diminished output resulting from challenges in the pulp and paper and building materials sectors.
Canada’s Minister of Transport, Lisa Raitt, introduced legislation in the House of Commons that will enhance railway safety and make the rail industry and crude oil shippers more accountable. The new Safe and Accountable Rail Act proposes amendments to the Canada Transportation Act and Railway Safety Act.
GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., The new announcement expands the existing relationship between Clean Energy and GE Capital by building on two previous agreements between the companies to develop the nation’s natural gas fueling infrastructure.
Canada’s federal government is trying to convince Canadian pensions to finance construction of a dozen EV battery plants in the country. The financial plan aims to build electric vehicle battery production facilities as Canada seeks to become a “supplier of choice” for EV automakers. CPPIB is Canada’s largest pension.
Sept 24, 2009, New York City ( Sourced from prnewswire ) - The Clinton Global Initiative announced this afternoon a breakthrough for the long overdue clean energy retrofitting of America’s homes, commercial and apartment buildings. Left: Bob Williams, Royal Bank of Canada Capital Markets Right: Cisco DeVries, Renewable Funding.
Navistar intends to leverage the bus body building expertise of Neobus and Navistar’s strengths in powertrain and chassis development. Another affiliate offers financing services. Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America.
Building on these efforts and recognizing the challenges of populations suffering from energy poverty, we commit to: Rationalize and phase out over the medium-term inefficient fossil fuel subsidies that encourage wasteful consumption. Many countries are reducing fossil fuel subsidies while preventing adverse impact on the poorest.
BC Transit in British Columbia, Canada has approved a $20-million contract to purchase ten 40-foot Proterra ZX5 electric transit buses and one Proterra Energy megawatt-scale EV fleet charger as part of the agency’s transition to a fully electric bus fleet.
Co-ordinated through ABB EL Ventures, the investment forms part of ChargeLab’s $15-million Series A financing. ChargeLab’s software empowers fleets, building operators, and utilities to deploy large networks of EV chargers. ABB E-mobility first partnered with ChargeLab in 2020. —Zak Lefevre, co-founder and CEO of ChargeLab.
a US-listed and South American-based global exploration company in the lithium and minerals sector, executed a Securities Purchase Agreement with POSCO Canada Ltd., Li3 Energy, Inc., a wholly-owned subsidiary of South Korea-based POSCO, one of the largest steel manufacturers in the world.
We will therefore build a strong alliance to collectively shift from high dependency to diversified, sustainable and socially-responsible sourcing, circularity and innovation. The Commission will therefore develop sustainable financing criteria for the mining and extractive sectors by the end of 2021. —Maroš Šef?ovi?
Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase 100% of the BDO produced in a 100,000-ton-per-year capacity plant that BioAmber plans to build in North America and commission in 2017. Vinmar also plans to invest in the BDO plant alongside BioAmber.
reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. These totals reflect GM’s recently announced plans to build a future small car in the US. General Motors Corp. Earlier post.) viability plan submission. GM Europe Restructuring. Earlier post.)
The job listing has inspired speculations that Tesla may be planning a new Canada facility in the area. Tesla’s potential new Canada facility has attracted a lot of interest since Elon Musk responded positively to the idea of a potential Gigafactory in the country during the 2022 Cyber Roundup. Musk responded with, “I’m half Canadian.
Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Toyota said that its establishment of a new headquarters builds upon its previous efforts to enhance regional autonomy, self-reliance and responsibility. Operating units in Canada, Mexico and Puerto Rico.
The deal will finance the delivery of H2X Global’s US$300 million in purchase agreements for vehicles that include the Warrego (utility vehicle), Paroo (garbage/deliver/concrete trucks), and Swan (passenger bus). UHL has expansion plans in North America and is looking to open an office in Canada later this year.
in 2018 to build a network of assets to capture methane from dairy lagoons, focused on the 80 dairies that are existing feed customers of the Aemetis ethanol plant and other local dairies that supply milk for cheese production and other products. million dairy cows at more than 1,000 dairies.
We are also actively marketing the company to new and existing institutional shareholders with recent meetings in Asia, United States, London, Europe and Canada from which we have had much positive feedback. Civil engineering work is underway for crushing and ore sorting buildings as well as the garage.
On 21 December 2022, Northern and Graphex announced the signing of a non-binding letter of intent to negotiate a joint venture agreement to build a North American mine-to-battery supply chain. The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond.
GM’s new landfill-free facilities include: CAMI Assembly (Canada). GM’s Shanghai headquarters, a LEED-Gold facility, formed a “Green Team” spanning IT, finance, facilities, R&D and supply chain departments to identify recycling and waste reduction opportunities. Colmotores Assembly (Colombia). Joinville Engine (Brazil).
The integration of RNG and ethanol production, unique to VERBIO, incorporates advanced operational technology to build on the company’s successful experiences in Europe. The Group has approximately 900 employees at its locations in Germany, India, the USA, Canada, Poland, and Hungary.
announced positive results from an independent feasibility study conducted on its permitted cobalt refinery in Ontario, Canada. Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review. Ausenco Engineering Canada Inc.
Japanese chemical company Asahi Kasei will construct an integrated plant in Ontario, Canada for the base film manufacturing and coating of its Hipore wet-process lithium-ion battery separator. Asahi Kasei will invest approximately ¥180 billion ($1.14
billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 Assembly of the ID.4
The latest reactor designs, now under construction around the world, build on more than 50 years of technology development. Atomic Energy of Canada ACR (Advanced CANDU Reactor), 1,200MW. Financing the construction of new nuclear plants is expected to be a major challenge in many countries. GE Hitachi ESWBR, 1600 MW.
Previous, Finance Minister Chrystia Freeland stated Canada used to be having “good discussions” with Stellantis, next a newspaper reported that automaker used to be in search of higher executive subsidies than firstly presented through Ottawa. Canada’s trade in with Volkswagen for a battery gigafactory in St.
Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil.
Tesla Canada. Last quarter, a few documents and occurrences appeared to suggest that Tesla might build its next gigafactory in Canada. The Minister of Innovation, Science and Industry in Canada, Francois-Philippe Champagne (FPC), confirmed that he held talks with Tesla. Tesla Gigafactory in South Korea.
Dilawri is the first automotive group of dealers in Canada to make this bold step to engage and educate consumers in a new way with EV experts from Plug’n Drive. This initiative will serve as an engaging community hub, providing valuable information on the environmental and economic benefits of driving electric in Canada.
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