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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.
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.).
million in new financing. Niron says that its technology delivers magnets that are less expensive, more sustainable, globally available, and made from abundant input materials not subject to supply constraints or price instability. 2019.165962.
Nikola is granted the IVECO S-Way technology license for North America and related component supply from Iveco Group, and gains joint ownership of the intellectual property of Generation 1 eAxles, technology developed together with Iveco Group’s powertrain brand, FPT Industrial.
But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. This will require increased involvement by government, trade industry organizations and supply chain experts. Laura Marcero.
Therefore, we are already starting the international ramp-up of the hydrogen economy and building long-term value creation and supply chains through the H2Global instrument. The resulting losses are compensated by the federal government’s grant for a maximum of 10 years.
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. million dollar cost matching grant from the State of Florida.
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.
billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6
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. Construction of the Kinross facility is anticipated to start in the next three to six months and is expected to be completed by year-end 2013.
T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.
Additionally, as a regulated fuel supply entity with CARB, AMPLY supported Tri Delta Transit in monetizing its low-carbon fuel standard (LCFS) credits. This service can also provide debt financing or secure grant funding to reduce capital expenditures and implement resiliency plans as needed.
Without systematic, transformative changes, the US is unlikely to succeed either in averting the worst economic and environmental consequences of climate change or in achieving a secure, affordable and reliable energy supply. The project was supported by a grant from the Doris Duke Charitable Foundation.
The new agreement will see Mercedes-Benz AG grant access to a range of advanced Mercedes-Benz technologies, including next generation hybrid and electric powertrains, as well as other vehicle components and systems. The supply arrangements for these new technologies will be on agreed commercial terms. in Aston Martin.
Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth. SVX recently closed a Series A funding of $8.4
The proceeds from the $80 million bond will be used to partially finance the first two phases of construction of Range Fuels’ first commercial cellulosic biofuels plant using renewable and sustainable supplies of non-food biomass near Soperton, Georgia. helped facilitate the financing of this bond transaction. Range Fuels, Inc.
The $303-million, 650,000 square-foot facility was financed in part from a $151.4 million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. supplies EV batteries to more than 10 automotive OEM companies.
Altogether, the five-year program will deliver more than $136 million in research and development grants to public and private sector partners in 22 states. The grants announced by Vilsack in Seattle today came through USDA’s National Institute of Food and Agriculture (NIFA).
NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?
million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel. Fulcrum matched this DoD grant with $4.7 These loans would provide financing to produce renewable fuels from woody biomass, municipal solid waste and energy grasses such as switch grass, miscanthus and arundo donax.
Under the MOU, Hughes Hardwood will supply 1,000 dry ton per day of wood product for conversion into approximately 16 million gallons of synthetic jet or diesel fuel and 4 million gallons of naphtha per year, as well as approximately 8 MW of excess renewable power. million conditional grant from the US Department of Energy.
Financing is planned through debt and grants. Products from this captive plant will now be expanded to broader markets including utilities, energy storage of wind and solar, aerospace, micro-grids, marine and automotive industries while maintaining supply to its present customer.
In line with the government’s plan to develop a national e-vehicle industry, the project will support the establishment of an e-vehicle parts industry, battery supply chain, and charging stations, including five off-grid solar charging stations. The Government of the Philippines is providing $99 million counterpart funding for the project.
Earlier this year, the Norwegian Maritime Authority and DNV granted preliminary approval for the below-deck system. HAV Hydrogen’s containerized solution is a stand-alone, scalable power supply where all support and safety systems as well as electrical power management are included. Earlier post.) —Kristian Osnes.
Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. This financing is supported by the InnovFin Energy Demonstration Projects of the European Commission, funded by EU’s research & innovation framework program.
To support these projected 100,000 tonnes per year, NMG intends to enter into supply agreements with other graphite suppliers. NMG’s financing. This anode material fabrication plant is in addition to and complements NMG’s mining project. NMG will support in part the needs for graphite of the anode material fabrication plant.
million Series A financing. million financing and grant awards totaling almost $1 million from the National Science Foundation (NSF), US Air Force (USAF) and US Navy (USN), Boulder Ionics will demonstrate the use of ionic-liquid-based electrolytes in a range of devices from ultracapacitors and lithium-ion batteries to metal-air batteries.
The Axens scope will include technology license, basic engineering, catalyst supply, and proprietary equipment for the conversion of ultra-low carbon intensity, non-edible vegetable and other non-edible oils along with renewable cellulosic hydrogen to produce a flexible mix of sustainable aviation fuel (SAF) and renewable diesel fuel.
An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 billion in new funding last year went to projects across all of California’s 58 counties—almost double the $720 million spent in 2017.
in 2018 to build a network of assets to capture methane from dairy lagoons, focused on the 80 dairies that are existing feed customers of the Aemetis ethanol plant and other local dairies that supply milk for cheese production and other products. Aemetis Biogas was formed as a subsidiary of Aemetis, Inc.
The production of Nissan LEAF and the batteries represents a total investment of more than £420 million (US$643 million) in the Sunderland Plant and is expected to maintain about 2,250 jobs at Nissan and across the UK supply chain. The investment will be supported by a £20.7
South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.
The New York State Public Service Commission (PSC) has granted the Beacon Power Corporation a Certificate of Public Convenience and Necessity (CPCN) for its proposed 20 MW flywheel frequency regulation plant in Stephentown, New York, and approved the project’s overall financing. Earlier post.).
The British Columbia Government Ministries of Energy, Mines and Petroleum Resources and Jobs, Trade and Technology has awarded ITM Power a grant to undertake a Power-to-Gas (P2G) feasibility study. Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline.
Group14 has committed to purchase more than $30 million in US steel for the first two BAM-2 modules, buildings and equipment and plans to work with American suppliers to secure necessary components, from asphalt to HVAC systems, to build a more robust domestic energy supply chain.
True Zero reported that fuel cell electric vehicles in California have used 250,000 kilograms (250 metric tons) of clean hydrogen—and driven 17 million miles—supplied by 18 retail stations owned and operated by the company.
The JU publishes annual calls for proposals (from 2008-2013), on the basis of which funding is granted for research, technological development and demonstration projects. Another topic relates to the demonstration of application readiness of fuel cell generators for power supply to off-grid stations, another promising early market.
Port Infrastructure Development Grants support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms. To date, LPO has provided $1.6
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. USDA provides grants and loans and other financial support to help biofuels and renewable energy commercialization. Biomass Crop Assistance Program.
Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.).
Enerkem GreenField Alberta Biofuels (EGAB) has successfully completed the necessary environmental regulatory process and has been granted a permit to commence construction of a commercial facility to produce biofuels and green chemicals from sorted municipal solid waste in Edmonton, Alberta. Earlier post.)
The facility will utilize Solazyme’s renewable tailored oil production technology, coupled with Bunge’s sugarcane supply and processing capabilities, to produce sustainable tailored triglyceride oils for use in oleochemical and fuel applications in the Brazilian domestic market. Financial terms of the agreements were not disclosed.
billion financing transaction in exchange for a silicon carbide device capacity corridor. We believe this agreement helps ensure that BorgWarner will have a reliable supply of high-quality silicon carbide devices, which are significant to the company’s inverter growth plans.
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