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The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Responses are due by 31 January 2014.
million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. overseeing all powertrain technologies, as well as the 2014 Society of Automotive Engineers (SAE International) presidential nominee.
Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet is moving aggressively to commercialize its technology and scale production of its renewable fuel and CoolTerra products. Click to enlarge.
The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. In commercial vehicles, Flybrid M-KERS offers affordable hybrid efficiency within a five-year payback period. M-KERS captures and stores energy that is otherwise lost during vehicle deceleration events.
After the initial batch of 1,000 model year 2013 cars, production will increase to 4,000-6,000 cars as of model year 2014. The assembly of the first commercial light-duty diesel plug-in hybrid has been successfully integrated on the same line as the company’s other models at the Torslanda plant in Gothenburg. Earlier post.)
have executed a Memorandum of Understanding (MOU) regarding the development of a commercial scale biorefinery facility for the production of renewable jet or diesel fuel. The project is currently expected to be operational by early 2014. Biomass-to-liquids company ClearFuels Technology Inc. and Hughes Hardwood International, Inc.
The BASF subsidiary led a $50-million financing round, joined by new and existing investors. Thanks to the partnership with BASF we can now develop and commercialize our technology more efficient. Earlier post.) We have already demonstrated the functionality of the Plantrose process in a pilot plant. —Mike Hamilton, Renmatix CEO.
Hamburg and Luxembourg have already signed contracts for supplies of the buses in 2014 and 2015. Volvo Buses plans to commence commercial manufacture of plug-in hybrids towards the end of 2015. The project is co-financed by Life+, the EU’s financing program for environmental projects. Heavy-duty Hybrids Plug-ins'
Global Bioenergies, a startup developing and commercializing a fermentation process that targets gaseous isobutene, has obtained a €4.4-million million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. million (US$4.7-million)
The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. DOE will continue to focus on significantly increasing the amount of cost-competitive electric power from renewable resources across the nation by further accelerating the development and commercialization of these technologies. watt commercial, and $3.10/watt
Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 Of that total, the large majority came from private sources of capital, such as international project developers, commercial banks, and private equity funds.
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 829 megawatt “Liberty” power plant, located in Towanda, Pennsylvania, is expected to enter commercial operations in the first quarter of 2016.
This new investment follows a previous investment of $40 million from BioFields in 2014. The company is working to commercialize this technology and scale production of its products. Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process.
The current execution plan for 2014 is to focus exclusively on bringing the plant to its nameplate basis, and further to develop yield and process efficiency through R&D. For the 2014 percentage standards, EPA proposed reducing the overall target to 15.21 To that end, we expect to spend $22 million in support of R&D in 2014.
The contract is one of the first major commercial agreements in the US for the sale of liquid transport fuels made from coal. Initial commercial operation of up to a 20,000–22,000 barrels per day project is expected to start in 2014. Medicine Bow, Wyoming. Earlier post.) We have received front end.
Solena has identified potential sites for the project in East London and is in discussions with various funding sources to finance the project. Construction of the facility is expected to begin in 2012, with the plant anticipated to be operational by 2014.
Under the agreement, AMP-Trillium, the joint venture between AMP Americas and Trillium CNG, will build seven public fueling stations between August 2013 and early 2014 and lease new CNG trucks that will travel more than 13.2 million miles per year, servicing routes throughout Texas.
The company has agreed to commercial license terms with Velocys and made a down payment towards the FT reactors. Pinto has secured funds to complete the engineering, permitting and all other upfront work; construction financing is scheduled to close in the first quarter of 2014.
Other than that commitment, however, Kior said it has no other near-term sources of financing. Kior said that if it is unsuccessful in finalizing definitive documentation with Khosla on or before 1 April 2014—i.e., The focus of the commercialization efforts are with respect to our gasoline and diesel. million.
Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. Ambri has begun work on Ambri’s Alpha Core, its first 20 kWh system that will be deployed in Ambri’s lab headquarters in Cambridge later in 2014.
is designed to demonstrate the viability of achieving net energy generation with TAE’s advanced beam-driven field-reversed configuration (FRC)—the penultimate step on TAE’s path to commercialize clean fusion power. billion for its commercial fusion development.
Ceres expects to complete the application and grant award process by the end of calendar year 2014. The funding will allow us to accelerate our product development programs in Brazil and will extend our capital resources as we continue to develop the commercial markets for our technology and products.
One of the largest automotive component conglomerates in China, Zhongding will finance and construct the first opoc plant in the Anhui Province. High-volume production is expected to begin in 2014. Zhongding plans to supply opoc engines to a broad range of customers, including GenSet engines, off-road and commercial vehicles.
Royal DSM and POET, LLC, one of the world’s largest ethanol producers, have formed a joint venture to commercially demonstrate and license cellulosic bioethanol based on their proprietary and complementary technologies. Earlier post.) Earlier post.) Earlier post.)
Commercial charging, which includes workplace, public and private chargers, is more indirectly tied to PEV growth and is still driven to a great degree by government support, the market research firm observed. AC charging, which is used in both residential and commercial applications, typically supplies capacities of up to 7.2
billion (US$80 billion), on a level with the planning approved in the previous year for the period from 2014 to 2018. The main focus will be on expanding the SUV range—in particular in the A/A0 class—as well as on modernizing part of the light commercial vehicle portfolio. billion (US$51.3 billion (US$51.3
For the 2014 percentage standards, EPA proposed reducing the overall target to 15.21 It continues to demonstrate the progress that we have made in bringing the world’s first cellulosic gasoline and diesel commercial facility to steady-state operations. With the final 2013 overall volumes and standards requiring 16.55 Earlier post.)
As each of the following stages heat and compress the biomass, it will outgas commercially viable bio-intermediary compounds that are then taken off to catalytic reaction chambers. Construction of the initial plant is expected to be completed by the end of 2015 with commercial operations beginning in early 2016. Earlier post.).
(GBE will supply Audi with isooctane derived from isobutene produced at the pre-commercial pilot system.). We already contemplate the commercialization of full scale plants in the framework of industrial partnerships within 3 to 4 years. The fermentation of gaseous hydrocarbons is a new frontier.
Authorized by Title XVII of the Energy Policy Act of 2005, loan guarantees under this new solicitation will help provide critical financing to support new or significantly improved advanced fossil energy projects. —Energy Secretary Moniz.
The purchase of the 25% equity stake and the conversion of the loan is subject to the initial disbursement of a loan from Banco do Brasil, the lender providing project financing to the project. The Project encompasses approximately 10,000 hectares of land, and includes both agricultural and industrial sectors.
Subject to the financing of the project given current support mechanisms and securing environmental permitting consent from the Environment Agency, work on site could start next year, with commercial operations starting in 2014. —Ian Williamson, European Hydrogen and Bioenergy Director at Air Products.
Panda Power Funds has entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000 megawatt natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. Construction will take approximately 30 months and will commence upon financing and other conditions.
The first plants start commercial production of advanced biofuels this year. With our new product, Cellic CTec3, and the first plants starting commercial production, this is a huge step forward in the transition from an oil-based economy to a bio-based economy.
Establish programs that increase access and benefits for disadvantaged and low- and moderate-income communities from electric transportation, including: loan and loss reserve financing, car sharing programs, and charging infrastructure in multi-unit dwellings in disadvantaged communities.
South Africa-based Anglo American Platinum , the world’s leading primary producer of platinum group metals (PGMs), has invested in the first close of the Series A financing round of Hydrogenious Technologies, a company developing liquid organic hydrogen carrier (LOHC) hydrogen storage technology. Click to enlarge.
However, the document not only provides a detailed look at the finances of the company, it also provides a quick recap of recent technology developments and some insight into the company’s immediate research priorities. This transmission is being used first in 2013 for the 2014 Jeep Cherokee, and in other future vehicles.
This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the. The Commission is convinced that financing should cover. social impacts of restructuring.
billion) to be invested by 2014 supports the H2moves project together with national funds from the Norwegian Transnova program and the Danish EUDP programme as well as industry contributions. million (US$25 million) financed by company contributions as well as European and national funding from Norway and Denmark.
In 2011, the Obama Administration finalized the first fuel economy standards for Model Year 2014-2018 for medium- and heavy-duty trucks, buses, and vans. A proposal for existing plants is due in 2014, with targeted file rule in 2015. Earlier post.). Expanding the Better Buildings Challenge. Providing a toolkit for climate resilience.
TEC will be one of the first commercial-scale, coal gasification plants with carbon capture and storage (CCS) capability in the US. . TEC is projected to be completed and in operation in 2014. Siemens Energy, Inc. Tenaska, managing partner for the $3.5
is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Cellulosic gasoline and diesel company KiOR, Inc. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.). —Fred Cannon.
million hydrogen-powered vehicles could be on UK roads by 2030, according to interim Phase I findings of the UKH 2 Mobility project, a joint Government-industry to evaluate the potential for hydrogen as a fuel for Ultra Low Carbon Vehicles in the UK before developing an action plan for an anticipated roll-out to consumers in 2014/15.
Appropriate metrics for measuring progress toward commercialization. But despite these trends and the rapid advancements in ZEV technology, the potential for commercialization remains unclear. There is substantial uncertainty regarding commercialization potential. Costs of transitioning to a self-sustaining market.
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