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Propel Fuels Announces $20M Funding Round to Expand Alternative Fuel Station Network Across California

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Propel Fuels, a retailer of clean, renewable fuels, announced a $20-million investment in the company. This funding will allow Propel to expand its network of alternative fuel stations into all major markets across California, supporting the state’s emissions reduction goals. A Propel Fuels E85/Biodiesel station.

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GE Capital to provide financing for electric motorcycle maker Brammo

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GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

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EcoDual partners with VFG to provide financing for dual-fuel natural gas conversions

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EcoDual, LLC, a provider of diesel-to-natural-gas dual-fuel conversion systems for heavy duty diesel powered trucks has partnered with Vision Financial Group (VFG) to provide lease-to-own financing options for fleet owners seeking to convert to natural gas operation.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. China vehicle sales and gasoline consumption. Source: EIA. Click to enlarge.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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Well-to-Propeller GHG emissions results for marine alternative fuels. DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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liter alternative fuel engines. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says. manufactures and sells LNG fuel tanks for vehicles. In 2009, Juniper Engines introduced its new 2.0-liter

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014.