Green Equity - August 27, 2024
News about stocks involved in environmental markets.
Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
ChargePoint (CHPT) has partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses. This collaboration aims to optimize the management of electric and mixed-fuel fleets by providing real-time data analysis and advanced reporting through a unified interface. Daimler Buses customers can now benefit from ChargePoint’s fleet management solutions without needing additional telematics hardware.
KULR Technology Group has partnered with Amprius Technologies (AMPX) to develop a reference design aimed at enhancing battery safety and performance in the advanced air mobility (AAM) market.
Bion Environmental Technologies (BNET) announced that its nitrogen fertilizer, produced through its Ammonia Recovery System (ARS), has been OMRI Listed for use in organic agriculture. This innovative fertilizer captures nitrogen from livestock manure that would otherwise be lost, converting it into a stable, concentrated form that can be easily absorbed by organic crops. Bion plans to target several markets, including specialty crops, organic corn, and hydroponic applications, while also exploring opportunities in regenerative agriculture.
Envirotech Vehicles (EVTV) has secured a $10 million financing line from GOBA Capital, allowing the production of over 200 vehicles for PLUGD Electric Leasing and Rentals. Additionally, the company has received a $100 million financing commitment from Karla Mae Capital, which will support its growth, product development, and market expansion.