Remove Clean Remove Coal Remove Financing
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

DKRW Advanced Fuels signs major off-take contract for 100% of coal-derived gasoline from Medicine Bow project

Green Car Congress

The contract is one of the first major commercial agreements in the US for the sale of liquid transport fuels made from coal. The Medicine Bow project will use Carbon Basin coal optioned from DKRW partner (and coal mine operator) Arch Coal to produce refined hydrocarbon liquid products. We have received front end.

Coal 225
article thumbnail

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

Green Car Congress

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. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
article thumbnail

NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. per share.

Financing 244
article thumbnail

Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

Green Car Congress

The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. This is another important milestone for the Texas Clean Energy Project, coming on the heels of last month’s power purchase announcement with CPS Energy in San Antonio. urea production. CO 2 capture and shipment via pipeline shown at top.

Coal 186
article thumbnail

Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

Green Car Congress

Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).

Coal 225
article thumbnail

Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

Green Car Congress

Accelergy Corporation recently was awarded an alternative and clean energy program grant from the Pennsylvania Commonwealth Financing Authority to fund a feasibility study to evaluate the viability of the company’s integrated Coal-Biomass-to-Liquids (CBTL) process with the assistance of Raytheon Company and Carbon Cycle Technology Alliance partner (..)