Green Car Congress

JUNE 1, 2021

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

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China Energy Indonesia Power Grid 416

Green Car Congress

OCTOBER 15, 2020

The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each.

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Green Car Congress

JANUARY 17, 2023

Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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Energy Storage Corporation Companies Energy 259

Green Car Congress

JULY 15, 2020

The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Energy Storage Energy United States Financing 300

Cars That Think

MARCH 12, 2025

Organizers wanted to showcase how their small nation of nearly 11 million, on the western shore of the Caspian Sea , had evolved over its three decades of independence and was ready to play a role in the world s energy transition. But if they succeed, it will mark a bold feat of engineering to boost clean energy and fight climate.

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Azerbaijan Energy Armenia Power 102

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Financing Hydrogen Manufacturer Wind 243

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Energy Coal 2020 344

Green Car Congress

SEPTEMBER 20, 2020

Nuvve began using the microgrid’s 5 MWh lithium-ion battery, which historically focused on the management of campus energy peaks, to bid into wholesale energy markets in June 2020. Leap operates a leading marketplace for grid flexibility focused on Distributed Energy Resources.

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Grid San Diego Market Energy 334

Green Car Congress

DECEMBER 22, 2022

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. The research is enhanced by CVA’s strategic partnership with energy partners across Africa, Europe and around the world. This is equivalent to energy costs of US$60 a barrel.

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Africa Mauritania Hydrogen Green 481

Green Car Congress

MARCH 25, 2020

Loop Energy, a provider of fuel-cell-electric range-extenders for medium- and heavy-duty transport applications, has received an additional cash investment from Cummins Inc. Loop Energy fuel-cell range extenders comein 30 kW and 50 kW versions. Earlier post.). Earlier post.).

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Transportation Commercial Fuel Energy 276

Green Car Congress

JUNE 15, 2023

million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Carbon Fuel Financing Hydrogen 418

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Proterra and Pace Suburban Bus has awarded Proterra a $26.5-million Proterra 40' ZX5 Max.

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Fleet Purchase North America Energy Storage 448

Green Car Congress

FEBRUARY 20, 2023

Mexican President Andres Manuel Lopez Obrador (AMLO) has nationalized lithium, handing responsibility for lithium reserves over to the energy ministry. The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ).

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Mexico Bolivia Argentina Chile 543

Green Car Congress

JULY 23, 2022

EVE Energy, Zijin Lithium and Ruifu Lithium hold 26%, 34% and 40% respectively. However, Eve Energy will own 66% of the rights to sell the JV’s products; EVE says this is conducive to its continuous improvement of the battery raw material industry chain layout.

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Energy Financing Battery Batteries 199

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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Climate Renewable Financing 2018 349

Electrek

JUNE 20, 2024

Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project.

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Financing Battery Batteries Energy 141

Green Car Congress

DECEMBER 13, 2022

The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

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Manufacturer Ohio Battery Batteries 435

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.

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Charging Financing Store Porsche 417

Green Car Congress

JUNE 14, 2021

German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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Australia Germany Hydrogen Green 334

Green Car Congress

NOVEMBER 27, 2021

By utilizing geothermal energy to power this extraction, there is the opportunity to produce zero-carbon lithium. In addition, the Company will explore opportunities to generate complimentary commercial heat supplies in order to provide local businesses with low carbon energy. Source: Cornish Lithium.

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Green Car Congress

APRIL 8, 2021

Apex Clean Energy has ordered 19 electrified Ford F-series pickup trucks from XL Fleet, including ten plug-in hybrid electric and nine hybrid electric systems for pickups in its service fleet, for delivery in the second quarter of 2021.

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Fleet Clean Cleaning Energy 243

Green Car Congress

APRIL 30, 2023

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

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Energy Financing Renewable Denmark 210

Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Fusion Powered Power Energy 250

Green Car Congress

JANUARY 20, 2021

A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Renewable energy investment.

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2020 Global Energy United Arab Emirates 259

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). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

FEBRUARY 24, 2023

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. However, it is also a high-quality energy carrier, particularly as a storage medium for hydrogen.

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Transportation Industrial Industry Energy 273

Electrek

JANUARY 17, 2025

The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Ricos fossil fuel plants with solar and battery storage through 2032.

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Puerto Rico Financing Solar Grid 140

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe, however, is catching up with a significant ramp-up in capacity fueled by the current energy crisis.

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Energy Storage Global Market Energy 259

Green Car Congress

FEBRUARY 4, 2021

Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. GEV will be responsible for design approvals, development, financing, and operation of C-H 2 Ship, along with integration of the required power system. Earlier post.).

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Hydrogen Global Mariner Fuel 243

Green Car Congress

JANUARY 11, 2021

The SPV will develop a next-generation redox flow-battery stack based on a breakthrough high-energy-density vanadium electrolyte that is specifically formulated for marine propulsion applications. VEGA will arrange project financing, contribute fleet operations expertise, and conduct field testing of the marine battery prototype.

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Mariner Battery Batteries Netherlands 428

Green Car Congress

MAY 26, 2021

AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. —Vic Shao, CEO of AMPLY Power.

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Solar Fleet Power Powered 221

Green Car Congress

MAY 3, 2021

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. EnergyX) has secured commitments of $20 million in financing. Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. Earlier post.)

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Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

FEBRUARY 22, 2023

to finance the development and production of low-carbon fuels and energy transition metals. —Gerard Barron, Chairman and CEO of The Metals Company The world’s transition to a low-carbon future requires a generational change in our energy production and infrastructure. NORI and Low Carbon Royalties are a great fit.

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Carbon Companies Nauru Kiribati 352

Green Car Congress

APRIL 8, 2021

Clean Energy Ventures , a $110-million venture capital firm investing in early-stage climate tech startups, is leading the investments in two battery startups: one in the upstream ( N th Cycle ) and one in the downstream ( Volexion ). Volexion’s funding is co-led by Energy Foundry. N th Cycle. million first tranche of its $2.2-million

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Clean Cleaning Energy Battery 221

Green Car Congress

NOVEMBER 17, 2021

Titan Advanced Energy Solutions, a pioneer in ultrasound-based battery management solutions, announced a $33-million Series B financing led by HG Ventures, the corporate investment arm of The Heritage Group. billion in 2025, and the global battery energy storage system market is projected to grow from $2.9 billion by 2025.

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Li-ion Energy Lithium Ion Battery 218

Green Car Congress

JULY 30, 2021

million in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3

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Minnesota Commercial Clean Cleaning 482