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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

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Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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A new 230,000 b/d refinery operated by a joint venture between state-owned-firms OQ (of Oman) and Kuwait Petroleum International is set to come online in Duqm, Oman, likely in early 2023. A new 140,000 b/d refinery is scheduled to come online in Karbala, Iraq, this September, targeting to be fully operational by 2023.

Global 448
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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Maersk intends to offtake the full volume produced. European Energy (Denmark). European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Proman (Switzerland).

Green 199