Green Car Congress

NOVEMBER 18, 2020

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Financing 221

Financing Fleet Stimulus Grant 221

Green Car Congress

NOVEMBER 12, 2009

a sweet sorghum ethanol company, to form a platform finance company which will provide project financing for EPEC and select financing initiatives in the biofuels and renewable energy sectors. DPG Investments, LLC has entered into a joint venture with EPEC Biofuels Holdings , Inc., Earlier post.).

Financing 186

Financing Renewable Grant Water 186

Green Car Congress

JANUARY 25, 2011

Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. This allows increased access to nanopores by the liquids, in turn raising the energy density. million in 2011 to $284.1 million during that period.

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Carbon Energy Energy Storage Power 353

Green Car Congress

AUGUST 23, 2010

trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

Sustainable Transportation 231

Sustainable Transportation Financing Transportation Global 231

Green Car Congress

JULY 15, 2010

A $175,000 grant will be used for the site selection and analysis process for this facility. Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. Earlier post.).

Pennsylvania 210

Pennsylvania Grant Coal Carbon 210

Green Car Congress

JULY 28, 2014

The programs will now be funded in part under the Brazilian government’s PAISS Agricola initiative, which promotes agricultural innovations in sugarcane as well as other energy crops. million, in the form of non-repayable grants to be drawn over four years. Ceres, Inc. , The competitive application process included over 60 proposals.

Brazil 210

Brazil Grant Financing 2014 210

Green Car Congress

FEBRUARY 14, 2011

Among the many program terminations, reductions and savings outlined today in the president’s budget is the proposed termination of the US Environmental Protection Agency’s Diesel Emissions Reduction Act grant program. Enacted funding for the program in 2010 was $60 million. In addition, $7.1

Grant 199

Grant Diesel Obama Emissions 199

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.

Grid 334

Grid San Diego Market Energy 334

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3

Financing 150

Financing Renewable Stimulus Package Energy 150

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, Inc., Sakti3 will release separate announcements related to its technology, expansion plans, and other partners in the coming months.

Financing 199

Financing Li-ion Michigan Lithium Ion 199

Green Car Congress

APRIL 27, 2011

million grant from the Commonwealth of Pennsylvania to move forward on the construction of a facility to demonstrate its integrated coal-biomass-to-liquids (CBTL) technology platform ( earlier post ) at Intertek PARC, located at the U-PARC facility in Pittsburgh. Accelergy Corporation has received a $1.3-million Earlier post.)

Pennsylvania 210

Pennsylvania Coal Grant Carbon 210

Green Car Congress

JUNE 23, 2017

Selected to serve the region’s renowned ski resort community, the Proterra fleet supports Park City’s and Summit County’s transition toward renewable energy and the reduction of its overall carbon footprint. buy the bus, lease the battery.

Financing 186

Financing Batteries Battery Utah 186

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. The development process of Niron’s scalable method has resulted in the publication of 20 peer-reviewed scientific papers as well as 17 granted and 35 pending patents.

Minnesota 482

Minnesota Commercial Clean Cleaning 482

Green Car Congress

OCTOBER 29, 2009

The US Department of Energy (DOE) will award up to $338 million in Recovery Act funding for the exploration and development of new geothermal fields and research into advanced geothermal technologies. The grants will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds.

Energy 236

Energy Grant Oil Financing 236

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. Source: OXIS Energy. First, Safran and OXIS will cooperate on high energy density battery cells for the aviation industry.

Lithium Sulfur 246

Lithium Sulfur Energy Batteries Battery 246

Green Car Congress

JULY 29, 2012

Cellulosic sugar manufacturer Sweetwater Energy, Inc. Sweetwater Energy uses a novel technology to produce low-cost sugars from non-food plant materials. million seed round closed in February, 2010, financed in large part by Chesonis and Jack Baron, Sweetwater’s President and Chief Operating Officer. Sweetwater’s initial $1.2

Energy 247

Energy 2006 New York Low Cost 247

Green Car Congress

JUNE 30, 2015

Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity.

Financing 150

Financing California Grant 2015 150

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. —CEFC CEO Ian Learmonth.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

NOVEMBER 14, 2017

Last week True Zero, the retail brand of hydrogen stations developed, owned, and operated by FirstElement Fuel, was selected by the California Energy Commission to build 12 new hydrogen stations in the Commission’s latest round of grant awards to help build out California’s retail hydrogen network.

Grant 150

Grant Hydrogen California Energy 150

Green Car Congress

APRIL 2, 2012

Algae-based green crude oil producer Sapphire Energy, Inc. With this investment round, Sapphire Energy’s total funding from private and public sources substantially exceeds $300 million. Some proceeds from previous closes of the Series C financing already have been invested in Sapphire Energy’s continuing operations.

Energy 210

Energy New Mexico 2011 Mexico 210

Green Car Congress

AUGUST 18, 2011

INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. Department of Energy (DOE) and a $2.5 Earlier post.)

Florida 186

Florida Financing Renewable Waste 186

Green Car Congress

APRIL 27, 2012

Boulder Ionics Corporation, a startup that has developed a novel, high-throughput, low-cost synthesis platform for producing ionic liquid electrolytes for use in advanced energy storage devices, completed a $4.3-million million Series A financing. With this $4.3

Energy Storage 236

Energy Storage Lithium Ion Molten Salt Energy 236

Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. —George Stutzmann, Vice President of Alternative Energy of Valero. billion gallons per year, and a 50-megawatt wind farm.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

AUGUST 20, 2019

The financing was co-led by The Engine and by The GOOSE Society of Texas. Earlier this year, Syzygy received grants from the Department of Energy for the development of a reactor to create hydrogen from ammonia and from the National Science Foundation SBIR Program for the development of a reactor that processes carbon dioxide.

Manufacturer 371

Manufacturer Fuel Cleaning Clean 371

Green Car Congress

DECEMBER 25, 2021

The resulting losses are compensated by the federal government’s grant for a maximum of 10 years. Over time, losses will decrease as the willingness to pay for sustainable energy sources will increase in the foreseeable future. is expected to pay more in purchasing than it can collect through sales.

Hydrogen 382

Hydrogen Germany Green Climate Protection 382

Green Car Congress

DECEMBER 22, 2011

A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. The project was supported by a grant from the Doris Duke Charitable Foundation. A carbon price must surely be a part of any energy transition strategy.

Climate Change 240

Climate Change MIT Climate Energy 240

Green Car Congress

FEBRUARY 15, 2013

introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Investment in energy efficiency and sustainable energy.

Industry 259

Industry Industrial Price Fuel 259

Green Car Congress

MAY 5, 2023

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170

Oil Grant Gas Industry 170

Green Car Congress

JANUARY 25, 2021

Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study. ©euroluftbild.de/Hans Hans Blossey.

Hydrogen 482

Hydrogen Green Climate Economy 482

Green Car Congress

JUNE 18, 2021

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5 In fact, it increases power by 25%.

Diesel 321

Diesel Engine Fuel Iowa 321

Green Car Congress

NOVEMBER 18, 2020

582 million (US$773 million) in grants for those buying zero or ultra-low emission vehicles to make them cheaper to buy and incentivize more people to make the transition. Nuclear: Advancing nuclear as a clean energy source, across large scale nuclear and developing the next generation of small and advanced reactors. billion (US$1.7

Gasoline 304

Gasoline Diesel Sale Hybrid 304

Green Car Congress

JANUARY 3, 2023

The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

Climate Change 199

Climate Change Financing Climate Grant 199

Green Car Congress

MAY 13, 2019

Clean Energy Fuels Corp. Clean Energy’s Zero Now program makes the cost of leasing or purchasing a new natural gas heavy-duty truck equal to the price or even lower than that of the same truck equipped with a diesel engine. Earlier post.).

Cleaning 191

Cleaning Clean Renewable Gas 191

Green Car Congress

NOVEMBER 24, 2009

Energy crop company Ceres, Inc. is working with CHOREN , a Biomass-to-Liquids (BTL) technology company, to optimize energy crops for thermochemical conversion to advanced low-carbon biofuels. The two-year bioenergy project is funded in part by a grant from the US Department of Energy. Ceres ARPA-E Award. Earlier post.).

Energy 199

Energy Production Gas-Electric Convert 199

Green Car Congress

DECEMBER 19, 2011

We are now ramping up production to the volume of cells a year we need to address the constantly growing demand worldwide from customers who require reliable, high performance energy storage solutions. The 235,000-square-foot facility, which will employ 300 people once completely invested, was partly financed by a $95.5

Jacksonville 236

Jacksonville Lithium Ion Li-ion Federal Grant 236

Green Car Congress

APRIL 24, 2013

VTT’s research center in Brazil has been granted BRL 10 million (about US$4.9 million) in funding by the PAISS program, which supports the Brazilian sugar-energy industry reform, for the development of production technology for Odebrecht’s new demonstration plant.

Brazil 225

Brazil Production Finland Financing 225

Green Car Congress

SEPTEMBER 22, 2009

The US Department of Transportation (DOT) is awarding $100 million in Economic Recovery Act funding to 43 transit agencies for projects to reduce energy consumption and greenhouse gas emissions from both vehicles and facilities. Since President Obama signed ARRA into law in February, grants totaling more than $7.2

Emissions 256

Emissions Gas Energy Maintenance 256