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a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energy storage systems, recently completed the closing of a $55-million Series D financing round. Aquion Energy, Inc., Earlier post.). Click to enlarge. The batteries have shown high cycle life of more than 5,000 cycles at high rates, (100% DoD).
a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. Echo Automotive, Inc.,
FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.
a clean water company that recovers phosphorus and nitrogen from industrial and municipal wastewaters to create premium fertilizers, completed a US$14.5-million million private equity financing. Ostara Nutrient Recovery Technologies Inc., a fund managed by FourWinds Capital Management.
The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. Previously, Ukraine expressed its interest in the Chinese technology of coal gasification and coal-water fuel production.
This means there is significant potential for lithium-enriched geothermal waters across the region. These waters can be accessed via boreholes drilled from the surface in to permeable geological faults at depth. Cornish Lithium aims to produce battery-quality zero-carbon lithium chemicals directly from the geothermal waters.
Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.
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.).
Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Used as a soil amendment, its CoolTerra biochar product also increases crop productivity and plant health while reducing water and fertilizer requirements.
KG, is investing $30 million in Renmatix, the developer of the “Plantrose” process, a two-step supercritical hydrolysis method to produce sugars from biomass with less expense by utilizing water at elevated temperatures and pressures to quickly solubilize cellulose.( Earlier post.)
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 2 and 85 °C of only 1.51 kWh/kg hydrogen (vs. Hodges et al.
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.
million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment of its water vapor electrolyzer technology for heavy industry.
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
In Chile, lithium mining uses nearly 65% of the water in the country’s Salar de Atamaca region—one of the driest desert areas in the world—to pump out brines from drilled wells. This has forced local quinoa farmers and llama herders to migrate and abandon ancestral settlements.
The water electrolysis system will be installed by thyssenkrupp Uhde Chlorine Engineers’ product division Green Hydrogen and consists of pre-fabricated standard modules. This modular system allows to easily scale up a plant to several hundred megawatts or gigawatts.
The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. In addition to having an extremely low carbon footprint, MIRUM requires no water during manufacturing and dyeing. BMW i Ventures has invested in Natural Fiber Welding , Inc.
—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.
Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). Hodges et al.
In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. 3. Water Conservation. Mission of Task Force.
The research project is co-financed by the Swiss Federal Office of Energy (FOEN). Water is formed as a by-product. If water is removed from the reaction mixture, the chemical equilibrium shifts towards the product. To remove water, Empa researchers use zeolite, a water-absorbing mineral.
Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies. This is because there is rarely sufficient private sector finance for such capital-intensive and long-lived assets, particularly those exposed to significant policy risk.
Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The Panda Hummel power plant will utilize existing infrastructure at the site for the electrical interconnection, water intake and storm water runoff systems.
Unlike processes requiring the fermentation of sugars from corn, cellulose or other biomass materials, Joule uses engineered biocatalysts to recycle industrial CO 2 emissions directly into ethanol, avoiding the use of crops, arable land and fresh water. New financing.
The Empulse and Empulse R will cost $16,995 and $18,995, respectively, with financing available from Sheffield Financial. Through this financing, customers will be able to purchase the new Empulse and Empulse R from Brammo dealers as follows: Empulse: 8.9% financing for 60 month at $334 and 3.9% for 72 months at $303, 6.9%
It will provide key information about the site where the aluminum was responsibly produced, covering ten criteria: carbon footprint; water use; recycled content; energy sources; community investment; safety performance; diversity in leadership; business integrity; regulatory compliance; and transparency.
Operated by WaterstofNet , the Flemish/Southern Netherlands hydrogen network station is co-financed by the EU Interreg program. The station consists of a 20ft containerized water electrolyzer that includes a water treatment system, gas purification, cooling system and a 350 bar dispenser to supply up to 65 kg of hydrogen fuel per day.
The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee. Purchase, financing or leasing of the vehicle including the battery is also possible. Prices in Germany (including 19% VAT). smart fortwo electric drive.
The concept is supported by the Dutch Ministry of Infrastructure and Water Management. To make it easier for barge operators to sign-on to the concept, a ‘pay-per-use’ financing model has been developed. The other founders of ZES are ING Bank, energy and technical service provider Engie, and the Port of Rotterdam Authority.
A precise amount of ground biomass is fed into a moving tray; at the first heating and processing stage, the function is to drive off entrapped water, and to perform the first step of de-hydration of the biomass while mechanically compacting it for more effective heat transfer at later stages of processing. Depending on the temperature (300
The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. Today’s cathode production methods would require $200 billion in manufacturing capital deployed and twenty billion gallons of water consumed annually—the equivalent water use of 182,000 American homes.
The vehicle-mounted and water-cooled central motor from Dana/TM4 based on the permanent synchronous principle (PSM) features low speeds and particularly high efficiency compared with asynchronous motors. This range is fully sufficient for most transport operators, saving them greater expense on charging infrastructure.
interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.
Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. The Mangrove technology is derivative of the company’s original focus on the treatment of produced water.
AREVA, Smart Energies through its subsidiary CETH 2 , and the ADEME (French Environment and Energy Management Agency) have created a joint venture—AREVA H 2 -Gen—to manufacture Proton Exchange Membranes (PEM) for the production of hydrogen from water and electricity.
Thermoelectric material developer GMZ Energy ( earlier post ) has secured $14 million in Series C financing. GMZ Energy is developing its first product for the $8 billion residential, commercial and industrial solar thermal water market.
BASF Venture Capital has led a $3-million Series A financing with a $1.5 The Swiss entrepreneur and private investor Hansjörg Wyss has also participated in the financing. million investment in SLIPS Technologies Inc. based in Cambridge, Massachusetts. The company’s technology platform was created by Prof. Resources.
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 KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Global food prices are predicted to rise 70 to 90 percent by 2030.
Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6 —Colin McKerracher. billion for 300MW.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. It also features a rugged, water-tight space strong enough to store 400 pounds of cement bags.
Hydrogen is converted to electricity in the fuel cell, with water vapour as its only emission, while the batteries provide additional power wherever and whenever needed. Together with the lithium batteries and electric motors, the fuel cells form the basis of the all-electric power source.
a developer and manufacturer of Aqueous Hybrid Ion (AHI) stationary energy storage systems, has completed the first closing of a $35 million Series D financing round. The hybrid energy storage device comprises a low-cost, activated carbon anode, a Manganese oxide cathode (MnO 2 ), and an electrolyte consisting of Na 2 SO 4 in water (~1 M).
The midwater plume comprises two stages: (i) the dynamic plume, in which the sediment-laden discharge water rapidly descends and dilutes to a neutral buoyancy depth, and (ii) the subsequent ambient plume that is advected by the ocean current and subject to background turbulence and settling. Earlier post.).
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