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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 alternativefuel stations into all major markets across California, supporting the state’s emissions reduction goals. A Propel Fuels E85/Biodiesel station.
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 alternativefuel and hybrid motorsports products.
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.
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.
Well-to-Propeller GHG emissions results for marine alternativefuels. DNV GL has released a position paper on the future alternativefuel 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.
liter alternativefuel engines. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternativefuels market, Westport says. manufactures and sells LNG fuel tanks for vehicles. In 2009, Juniper Engines introduced its new 2.0-liter
Lux Research has investigated the trends of corporate financing of alternativefuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014.
There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There were gaps in the data, especially with respect to alternativefuel powertrains—electric vehicles, fuel cell vehicles.
The US Department of Energy (DOE) is [link] about $11 million to 20 new projects to help states and local governments to develop the infrastructure, training, and regional planning needed to help meet the demand for alternativefuel cars and trucks, including vehicles that run on natural gas, electricity, and propane. Clean Fuels Ohio.
A new survey by Capital One Auto Finance found that more than half of respondents (53%) say that their next car will be more fuel efficient than their current vehicle and 55% would be very likely or somewhat likely to give up a larger vehicle for a more fuel-efficient model when they buy their next car.
Under the Clean School Bus Program, half of the available funding is dedicated for zero-emission school buses and half is for clean school buses, the latter being a school bus that reduces emissions and is operated entirely or in part using an alternativefuel or is a zero-emission bus. Non-profit school transportation associations.
Diversifying the types of vehicles and fuels available to our drivers offers our city protection from often-volatile oil prices and better prepares us for the future. Each gasoline powered sedan in Indy’s fleet would have cost taxpayers approximately $9,000 per year over the next decade, including purchase, fuel, maintenance and insurance.
Alliance AutoGas, through conversion equipment provider and co-founding partner American AlternativeFuel, is now EPA-certified to convert more than 200 vehicle types to propane autogas utilizing the Prins System.
DOE plans ( DE-FOA-0001236 ) to issue in the February 2015 timeframe a funding opportunity (DE-FOA-0001237) to develop and to implement effective purchasing/procurement processes designed to coordinate and consolidate bulk alternativefuel vehicle and advanced vehicle orders and thus reduce the per-unit prices of commercially-available vehicles.
The intent of the strategic alliance is to establish a collaborative forum focused on spurring aviation alternativefuels market growth. The Deployment and Logistics team will identify locations or regions suitable for alternativefuels production and deployment, as well as means of distribution to and from those locations.
The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).
Cemvita Factory uses synthetic biology to produce microbes that turn carbon dioxide into chemicals and alternativefuels, including sustainable aviation fuel. This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants.
We believe that Peterbilt is a leader in alternatefuel technology. These vehicles offer us the quality and reliability we need for rugged oilfield operation, while enabling us to honor our commitment to operate alternatefuel powered trucks in the field.
A Discretionary Grant Program for Charging and Fueling Infrastructure will provide $2.5 billion in competitive funding to states and local governments to deploy electric vehicle charging and hydrogen, propane, and natural gas fueling infrastructure along designated alternativefuel corridors and in communities.
These alternativefuel dispensers feature PCI-compliant pay-at-the-pump technology for a familiar and secure fueling experience. Financing for the CNG In A Box system is offered by GE Capital, providing competitive rates and flexible payment options.
Biofuels will be a behind-the-scenes game changer for the Air Force, according to Yonkers, who lauded the seminal research of alternativefuels at Wright-Patterson Air Force Base, Ohio.
The Port of Seattle, SkyNRG and Carbon War Room (CWR) are partnering to investigate long-term financing mechanisms that could supply all airlines at Seattle-Tacoma International Airport (Sea-Tac) with sustainable aviation fuels.
The label provides consumers with a tool to compare alternative-fuel vehicles to those with a traditional internal combustion engine and allows them to make an informed purchase decision. —Scott Becker, senior vice president, Finance and Administration, Nissan Americas.
The full package comprises ship design, shipbuilding, ship management, leasing, financing arrangements and crews. For example, we can provide the vessel including crew for one client, but just a financing arrangement for another, while handling all for a third client. We can tailor the concept to the customer’s exact requirements.
million of BAF’s outstanding debt is held by Clean Energy Finance, a wholly owned Clean Energy subsidiary, Clean Energy anticipates paying a net amount of approximately $4.5 Pursuant to the terms of the acquisition agreement, the purchase price will be used in part to pay off the outstanding debt of BAF. Due to the fact that approximately $3.8
The committee calls for an “Ocean Fund” for the period from 2023 to 2030, financed by revenues from auctioning allowances under the ETS, to make ships more energy-efficient and to support investment in innovative technologies and infrastructure, such as alternativefuel and green ports, to decarbonize the maritime transport sector.
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.
BioJet is also the first AlternativeFuels Strategic Partner of the International Air Transport Association. The fund will invest in all sectors including infrastructure, manufacturing, construction, mining, communications, healthcare and finance.
This analysis underscores the potentially large costs of a fuel economy standard relative to alternative policies aimed at reducing petroleum use and GHG emissions. —Karplus et al. —Valerie Karplus, the lead author of the study and a researcher with the MIT Joint Program on the Science and Policy of Global Change.
These large investments presuppose that a dense, elaborate network of charging stations is required to meet the needs of mainstream PEV driver—and may be based on experience with other alternativefuel vehicles. Making loans and financing more accessible for PEV buyers.
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. Hybrid propulsion and alternativefuel vehicles. Details of the offering—i.e., Vehicle energy use.
Natural gas and other alternativefuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies.
In March, AVEC announced it was relocating all of its research and development assets to Virginia in response to recent Small Business Innovative Research (SBIR) contract requirements and US Navy Secretary Ray Mabus’ recent decision to accelerate spending on alternativefuel capable engines and generators. 10 per unit.
The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions.
This increase would stimulate the purchase of more fuel-efficient vehicles and encourage consumers to consider other transportation choices. The report recommends that the revenue generated be returned to consumers through reductions in income or payroll taxes and through financing improvements in transportation infrastructure.
Hydrogen Production and Distribution (€11.0M) will focus on research and development to improve reforming technologies for hydrogen production, with the goal of addressing mid-term fuelling requirements based on conventional and alternativefuels. This shall enable initial introduction of hydrogen-fuelled vehicles in the market.
The outlook for oil demand differs sharply between the three scenarios, primarily as a result of the different assumptions about government policies, such as fuel efficiency standards, removal of end-user subsidies and support for alternativefuels, and the extent to which they succeed in curbing oil demand.
The United States and the European Union have some of the world’s most aggressive policies for alternativefuel promotion, including volumetric mandates, lifecycle fuel-carbon-intensity requirements, and fuel-taxation schemes. —Miller et al.
Green cars” can be defined as vehicles that use alternativefuels (other than petrol or diesel) and/or alternative types of propulsion (other than the conventional ICE). Alternativefuels include biofuels, natural gas, hydrogen and electricity from the grid. knowledge, finance) among a variety of actors.
Liquid natural gas ( LNG ) can be used as an alternativefuel in reciprocating engine propulsion systems and is a known technology with classification society rules for the fuel systems already in existence.
Aviation and maritime fuels cause significant pollution and also require dedicated action to complement emissions trading. The AlternativeFuels Infrastructure Regulation requires that aircraft and ships have access to clean electricity supply in major ports and airports.
The priorities in this area also include work on renewable/alternativefuels and related drivetrains. Optimization of powertrains for alternativefuels: gasoline for alcohol fuels / blends, diesel for 2 nd generation, CNG/biomethane. Funding will be spread over four years. €1
million Compressed Natural Gas (CNG) transit fueling station Public-Private Partnership (P3) project. Trillium will design, build, finance, operate and maintain CNG fueling stations at 29 public transit agency sites through a 20-year P3 agreement.
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