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Bank of America joins Stanford’s Global Climate & Energy Project

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The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
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EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

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Stressed the need to focus on research excellence in order to ensure that alternative powertrains receive targeted research financing, including innovative energy storage and conversion technologies, such as batteries, fuel cells and the necessary respective infrastructure.

2011 210
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IEA report finds “avoid, shift and improve” policies for urban transport could deliver up to $70T in savings through 2050

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For example, increases in affordable, frequent and seamless public transport can alleviate local congestion while improving access and travel time to destinations and reducing household expenses on travel.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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However, current cash is anticipated to be sufficient for expected operations during the Chapter 11 proceeding, and therefore the Company is not expected to require third-party debtor-in-possession financing. million in outstanding 3% Convertible Senior Notes due 2013. —Julian Hawkins, ECD’s President and Chief Executive Officer.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Our aim is to achieve a sustainable energy system with secure supplies and affordable electricity. More than 90% cite affordability and security of supply as the biggest challenges to a successful energy transition. With intelligent financing models, modernization can be undertaken with no preliminary investment costs for the customer.

Germany 239
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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This requires plenty of reliable and affordable power, which can be achieved by connecting Africa’s power systems with the Grand Inga at the core and with wind and solar power from North African countries, the Sahel and South Africa, geothermal from East Africa, hydro from Central and West Africa.

Africa 221
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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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. Integrated pilot and ten percent of full-scale conversion facilities will be financed to determine suitable technologies for full-scale commercial deployment.

Obama 218