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This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses. ARB’s Truck Loan Assistance Program received an additional $18 million to help small business fleet owners finance truck upgrades required under the ARB’s In-Use Truck and Bus Regulation.
For 2021, Toyota has fully rebooted the Mirai, originally offered in 2016, as a premium rear-wheel drive sports-luxury fuel cell electric vehicle (FCEV) with striking design, cutting-edge technology, more engaging driving performance and a significantly longer EPA-estimated range rating.
which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.
The US Environmental Protection Agency (EPA) has awarded $5 million to the Southern Alliance for Clean Energy (SACE) to help Southern truckers and small businesses to buy cleaner big rigs. The Clean Trucks Make Cents program will finance up to 100% of the purchase or lease of a pre-2007 tractor-trailer.
In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e.,
Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options. The plan is by far the largest annual investment in clean transportation incentives to date—more than double the amount of the largest past investment. Over half of the $1.5
The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles. The existing CVRP program will continue to accept applications while funding remains available. Now, California has 1.5 Now, California has 1.5
The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. billion) in loans for cleaner vehicles, thereof €3.4 billion (US$4.8
Comprehensive energy and climate change policies that accelerate the deployment of energy efficiency, cleaner energy, renewable energy, green buildings, clean vehicles and fuels, and low- carbon transportation infrastructure. Furthermore, the group aid that governments need to ensure that the policies are well designed.
Carbon Sciences says it will design its plant to produce gasoline cost-effectively from the thousands of available small- and medium-size natural gas fields. Our first project must be absolutely ‘bankable’ to obtain the necessary project financing. California-based Carbon Sciences, Inc.
Conducted by Georgia Tech, the project is financed by a $50,000 Ford College Community Challenge Grant, one of five given annually for a student-led project that matches university resources with an urgent community need related to sustainability. Atlanta Public Schools (APS) donated the bus for the project. —Michael Leamy.
Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.
Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. The Alliance expects to complete the study in three to four months.
million, $740,000 will go to the California Pollution Control Financing Authority (CPCFA), which provides financial assistance to projects aimed at reducing pollution and waste and encouraging the use of renewable energy. In addition to the $740,000 for the CPCFA, $2.22
Senate Finance Committee Chairman Max Baucus (D-Mont.) Any facility producing electricity that is about 25% cleaner than the average for all electricity production facilities will receive a tax credit. The cleaner the facility, the larger the credit. The cleaner and more energy efficient the fuel, the larger the credit.
The amendments are designed to provide new flexibility to truckers working to clean up their aging diesel fleets while still protecting the emission benefits the regulation provides. The California Air Resources Board has unveiled. proposed amendments to its Truck and Bus Regulation. Board members will consider the changes at the 24 April.
A Power-to-Fuel company, Liquid Wind will develop and finance facilities to produce carbon-neutral liquid fuel, eMethanol. To meet growing demand for cleaner fuel, Liquid Wind are designing the business to scale rapidly. When used as marine fuel, eMethanol reduces carbon emissions by 94% compared to current fossil fuels.
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.
The plug-and-play modular units, which are designed to rapidly liquefy natural gas while minimizing a site’s physical footprint, will support fueling stations along major transportation corridors that run across the US. Clean Energy plans to use a standardized design of the new GE MicroLNG plants to build additional MicroLNG plants.
Each of the four recipients will match a percentage of the grant amount with their own funds to purchase compressed natural gas-powered vehicles; retrofit diesel engines with cleaner technology; replace older, more polluting diesel buses with cleaner diesel buses; or purchase hybrid electric-powered buses.
It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. —Lancaster Mayor R.
The new targeted clean-up measures, which could reduce local pollution levels of PM 10 by 10-20% where applied, are financed from a Clean Air Fund secured by the Mayor and TfL from the Department for Transport (DfT). In addition, action is being taken to deliver a permanent legacy of cleaner air right across the Capital.
Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.).
General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Iron-based cathodes are cheaper, cleaner, and safer than legacy battery technologies such as NMC and NCA that exist today, but are less energy-dense than Ni/Co-based ternary cathodes.
This is essential both for preventing irreversible degradation of resources and ecosystems, and for realizing the multiple benefits of greener cities, from savings through energy-efficient buildings, or the health and climate benefits of cleaner fuels and vehicles. —Achim Steiner, UN Under-Secretary-General and UNEP Executive Director.
This partnership and funding will accelerate Nano One’s multi-cathode (multi-CAM) commercialization strategy and support cathode active materials (CAM) manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets.
Despite the Fukushima event, DBCCA does not expect China to cancel any nuclear plants, although timetables for development may be disrupted as the experts evaluate safety upgrades and the feasibility of rapid migration to newer and safer nuclear designs. project finance activity in the several areas of renewable power farm development.
To establish policy recommendations and financing options for reducing black carbon/diesel sources across the Arctic region. In the United States, changes in fuel composition and advances in engine design have reduced black carbon emissions from heavy duty diesel engines by 99%. Benefits of reducing soot in the Arctic.
Path dependence may lead to lock-in failures and dominance of existent designs in systems and technologies. Performance-based regulations and standards can be designed to foster improvements in the environmental performance of motor vehicles. knowledge, finance) among a variety of actors.
The country has adopted a series of aggressive environmental goals, part of which is a credit system designed to encourage automakers to develop cleaner cars. If the recent reports from China are any indication, however, it appears that Volkswagen may be poised to help Tesla’s finances in a more direct manner as well. .
In addition, Intrexon developed a high-throughput platform for the systematic testing and iterative optimization of media composition and strain performance while also facilitating rapid design and testing of new pathways for improved isobutanol production from engineered strains.
To meet both climate and environmental goals, sustainability criteria for the use of bioenergy are strengthened and Member States must design any support schemes for bioenergy in a way that respects the cascading principle of uses for woody biomass.
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.
MyEnergi Lifestyle, designed to address China’s energy needs and air quality concerns, showcases how combining renewable energy sources, efficient home appliances and a plug-in vehicle can significantly reduce energy costs and carbon footprint.
To make scooters accessible to a wider audience, the company offers attractive financing options for purchasing electric scooters at attractive interest rates starting at 8.99%. We believe these scooters will play an invaluable role in achieving our goal of a cleaner and greener future.” hours using a 15A charger and 2.5
The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies. One is to operate successfully as a market, with a steady supply of carbon offsets and varying prices to ensure that profits can be made.
The current low oil and gas prices, while they last, should be seized as an historic opportunity—when combined with the falling cost of cleaner forms of energy, a strong EU climate policy and the emergence of new technologies—to reset the EU’s energy policy in the right direction: that of an Energy Union.
With this comprehensive EV asset management, the company aims to address critical challenges faced by the commercial EV industry, including financing, data analytics, charging infrastructure, and energy efficiency. The launch of Nexmile A battery pack specifically designed for commercial EVs, was also announced.
Alongside the launch of Amphion, Log9 unveiled Nexmile, a new battery specifically designed for commercial electric vehicles. Amphion addresses critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data analytics, charging infrastructure, and energy efficiency.
When you ask people about cleaner energy, they think of electricity,” says Tommi Eronen, CEO of Polar Night Energy. As soon as we decided to pursue this idea, we were trying to figure out how the finances looked,” says Eronen. We used COMSOL to model and evaluate different design options.” That is much more difficult to do!
Bhupendrabhai Patel, Hon’ble Chief Minister of the Government of Gujarat, at Gujarat International Finance Tec-City (GIFT City), signifying a significant stride toward shaping the future of sustainable urban mobility. The brand’s mission is to enhance lives through green mobility, delivering cleaner, smarter journeys accessible to all.
.””The onboarding of these EVs was facilitated through Assure by BluSmart , a unique opportunity for retail and institutional investors with access to capital to help finance the transition to electric mobility. Through Assure, institutions can finance the purchase of electric cars and lease them to BluSmart against fixed rentals.”
This competition has led to advancements in technology and design, benefiting consumers. Ease of Financing: Financing options for electric two-wheelers have become more readily available, making it easier for consumers to make the initial investment in an electric vehicle.
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