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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

Hydrogen 397
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Praj Industries and Qteros partner to accelerate global commercialization of cellulosic ethanol; Qteros closes Series C financing tranche

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the developer of a Consolidated Bioprocessing (CBP) platform for low-cost production of cellulosic ethanol using the Q-microbe ( earlier post ), have formed a strategic partnership to accelerate commercialization efforts for industrial-scale cellulosic ethanol production. India-based Praj Industries Limited and Qteros, Inc.,

Financing 170
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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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It’s a capital-light solution that takes advantage of technology that has been commercialized for decades. is using pay-as-you-save financing to help transportation companies switch to electric buses. Three Wheels United (Bangalore, India) is using finance and technology to decarbonize the auto rickshaw market. Energy Access.

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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. New investors include Sustainable Conversion Ventures, which focuses on renewable fuels and chemicals investments.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Audi, along with ETOGAS, is building the first commercial-scale demonstration plant (6.3 Diagram: Isabelle Plat. Click to enlarge.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Ultimately, widespread commercialization will depend on whether these ventures can reach price.

Global 253
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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This project will expand Anovion’s existing manufacturing capacity in Sanborn, NY—notably the only qualified US source of battery-grade synthetic graphite commercially shipping product today. Albemarle is finalizing the site selection for the lithium hydroxide conversion plant in the southeastern United States.

Parts 459