Green Car Congress

AUGUST 12, 2021

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan.

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Fleet Commercial North America San Francisco 218

Green Car Congress

DECEMBER 13, 2011

which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology. Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. Waste Management and EB Investments are investing C$15 million (US$14.6 Earlier post.)

Financing 218

Financing Waste Commercial North America 218

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

Lithium Ion 284

Lithium Ion Li-ion Commercial Gas 284

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

Financing 231

Financing Convert Renewable Corporation 231

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

Europe 210

Europe Batteries Battery Financing 210

Green Car Congress

MAY 8, 2014

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. Pinnacle’s first commercial engine, jointly developed with its charter OEM partner, will soon launch in Asia.

Financing 291

Financing Engine Africa Asia 291

Green Car Congress

NOVEMBER 3, 2020

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.

Motors 321

Motors Motoring Motor Fleet 321

Green Car Congress

DECEMBER 9, 2011

Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. —George Stutzmann, Vice President of Alternative Energy of Valero.

Financing 210

Financing Commercial Michigan Corporation 210

Baua Electric

AUGUST 5, 2024

The program’s goal is to help ARPA-E-funded technologies transition from proof-of-concept prototypes to commercially scalable and deployable versions. ARPA-E’s SCALEUP funding and corporate partnerships will enable Ion to expand its manufacturing facilities in the US. million program budget.

Commercial 52

Commercial Batteries Battery Charging 52

Green Car Congress

MARCH 21, 2022

In an open access paper published in Nature Communications , researchers from the University of Wollongong in Australia report that their capillary-fed electrolysis cell demonstrates water electrolysis performance exceeding commercial electrolysis cells, with a cell voltage at 0.5 kWh/kg in commercial electrolysis cells). Hodges et al.

Hydrogen 396

Hydrogen Energy Water Renewable 396

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium expects to benefit from TechMet’s deep knowledge of the battery metals supply chain and extensive commercial and strategic relationships. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy.

Financing 419

Financing Water Li-ion Lithium Ion 419

Green Car Congress

OCTOBER 30, 2020

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

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Mitsubishi Corporation Standards International 334

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

FEBRUARY 23, 2023

BurnVoir Corporate Finance acted as financial adviser to the company. The Vittangi project will use 100% renewable electricity to extract graphite, an EU defined critical material, and refine it into coated anode for Li-ion batteries.

Li-ion 218

Li-ion Sweden Financing Corporation 218

Green Car Congress

FEBRUARY 6, 2014

UQM Technologies, a developer of and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, commercial truck, bus and military markets, completed a $5.3-million million capital raise through institutional investors.

Financing 218

Financing Corporation Plug-in Hybrid 218

Green Car Congress

MARCH 6, 2021

Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. million ($48.5

Market 257

Market Lithium Ion Energy Storage Hydrogen 257

Green Car Congress

MAY 12, 2020

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hydrogen 377

Hydrogen Hyundai Motors Motoring 377

Baua Electric

JANUARY 20, 2024

Two directors and multiple executive director level officers of Steel Authority of India Limited ( SAIL ) were suspended after the Lokpal concluded there were discrepancies in commercial dealings at the public sector undertaking (PSU). We are dedicated to uphold the highest standards of corporate governance and ethical conduct.”

Commercial 52

Commercial Auto Financing Insight 52

Green Car Congress

OCTOBER 9, 2013

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. Achates Power, Inc., the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2

Financing 236

Financing Engine Industry Industrial 236

Green Car Congress

JANUARY 17, 2012

SGB will use the proceeds to expand research and development, advance commercialization efforts and scale global operations. SGB also announced that Pratik Shah, Ph.D., partner at Thomas, McNerney, and Jerry Caulder, Ph.D., managing director for Finistere Ventures, have joined the company’s board of directors.

Financing 186

Financing Brazil Low Cost Hybrid 186

Green Car Congress

OCTOBER 1, 2012

INCJ is a public-private partnership between the Japanese government and 27 major corporations, including Sharp, Sumitomo Electric, Toshiba and General Electric Company, Japan. The alliance will help bring the long-awaited practical realization, commercialization and mass production of GaN power conversion solutions.

Commercial 218

Commercial Companies Conversion Financing 218

Green Car Congress

NOVEMBER 19, 2012

Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. 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.)

Corporation 236

Corporation Volvo Plug-in 2014 236

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

OCTOBER 10, 2021

The replacement of school buses is subject to the commercial availability and reliability of all-electric school buses, and the technical and physical availability of related planned infrastructure, including but not limited to charging stations and bus depots for all-electric school buses.

New York City 342

New York City New York All-Electric Financing 342

Green Car Congress

APRIL 2, 2021

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

Hydrogen 376

Hydrogen Commercial Electrical Electric 376

Green Car Congress

JANUARY 5, 2011

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

Financing Commercial Industry Industrial 170

Green Car Congress

OCTOBER 21, 2021

Along with Allison, FAW Group Corporation of Changchun, Jilin, China, will also participate as a strategic investor in JJE’s IPO, according to the IPO announcement from the Shanghai Stock Exchange. Earlier post.). Earlier post.).

North America 186

North America China Michigan 2008 186

Green Car Congress

JULY 22, 2022

is designed to demonstrate the viability of achieving net energy generation with TAE’s advanced beam-driven field-reversed configuration (FRC)—the penultimate step on TAE’s path to commercialize clean fusion power. billion for its commercial fusion development.

Fusion 243

Fusion Companies Google Chevron 243

Green Car Congress

JUNE 22, 2018

Gevo has entered into a long-term agreement to supply its renewable alcohol-to-jet fuel (ATJ) to Avfuel Corporation, effective 1 July 2018. The agreement with Avfuel is Gevo’s first long-term commercial supply agreement for its ATJ. The supply agreement contemplates two phases.

Supplies 199

Supplies Renewable Commercial Fuel 199

Green Car Congress

JANUARY 24, 2023

To support the company’s scientific research, TAE needed an extremely scalable energy storage and power delivery system—one that could be deployed in the future to support integration of commercial fusion power. billion.

Fusion 250

Fusion Powered Power Companies 250

Green Car Congress

NOVEMBER 6, 2012

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Earlier post.).

Financing 225

Financing Fisker Sale Delaware 225

Green Car Congress

APRIL 1, 2010

an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. Sakti3 is commercializing high performance solid state batteries that are produced using a novel manufacturing process that has been developed by the company. Sakti3, Inc.,

Financing 199

Financing Li-ion Michigan Lithium Ion 199

Green Car Congress

JANUARY 6, 2014

Amprius will use the funds to commercialize its batteries and further develop the next generations of its advanced batteries. SAIF Partners, a leading Asian private equity firm, led the financing, in which all of Amprius’ previous investors participated.

Li-ion 210

Li-ion Commercial Batteries Battery 210

Green Car Congress

JANUARY 24, 2019

Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Safran Corporate Ventures is participating in a £7-million (US$9.1-million) Source: OXIS Energy.

Lithium Sulfur 246

Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

FEBRUARY 17, 2022

The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273

Charging Diesel Market Financing 273

Green Car Congress

FEBRUARY 14, 2012

OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. USO is a global leader in manufacturing flexible, lightweight thin-film photovoltaic products for use in the commercial rooftop and building-integrated markets.

Corporation 210

Corporation Conversion Companies Sale 210

Green Car Congress

APRIL 2, 2022

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. In the pilot project in China, Mitsubishi Corporation as commercialization partner and Bosch are working with BPSE.

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Mitsubishi China Battery Batteries 150