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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

Green Car Congress

RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS).

Waste 448
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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

The Licence grants exclusive rights to mine graphite from within the M1 mining area. The Government of Sri Lanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd. Vancouver-based Ceylon Graphite Corp.

Sri Lanka 417
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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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LEVC Announces £1500 Finance Deposit Contribution On All New TX Taxi Models

CleanTechnica EVs

New campaign fully offsets the reduction in the Plug-in Taxi Grant (PiTG) which came into effect from April 2024 It is available on all new TX taxi models across all finance types offered by LEVC Financial Services with zero customer deposit and at a subsidised finance rate of 10.51% APR.

Taxi 105
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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

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”.

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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

Green Car Congress

million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

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