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ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.
The Asian Development Bank (ADB) mobilized a $135-million climatefinancing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5
The hydrogen strategies recently adopted by the state of North Rhine-Westphalia as well as those of the German Federal Government and the European Union underline the importance of hydrogen for a climate-neutral society. At its core, our climate transformation is based on the use of hydrogen. It is important to plan ahead.
With one of the nation’s most ambitious climate targets, Park City is laying a path for a net-zero carbon footprint for its municipal operations by 2022 and a Summit County area-wide net-zero carbon footprint by 2032 by implementing Proterra’s proven transit technology. buy the bus, lease the battery.
Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWi) has approved €900 million for the innovative funding instrument H2Global. —Robert Habeck, Federal Minister of Economic Affairs and Climate Protection. The resulting losses are compensated by the federal government’s grant for a maximum of 10 years.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).
The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%
The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.
A Discretionary Grant Program for Charging and Fueling Infrastructure will provide $2.5 BIL includes more than $5 billion for the Federal Transit Administration’s Low or No Emission Vehicle Program, which will help ensure our nation’s transit systems are tackling the climate crisis and working better for all of us.
million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5 In fact, it increases power by 25%.
An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 Projects funded to date are achieving the overall goal of California Climate Investments by reducing greenhouse gas emissions by more than 36.5
In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. 2. Green Building & Remodeling. Task Force Funding.
Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. The series of bills the Governor signed into law today include: House Bill 2186. Loans can be paid back on utility bills.
The European Investment Bank (EIB) will grantfinancing 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. Tags: Europe Financing Policy Vehicle Manufacturers. billion (US$4.8 billion (US$4.8
The CVRP program is part of California Climate Investments, which funds the program with auction proceeds from the state’s Cap-and-Trade program. The existing CVRP program will continue to accept applications while funding remains available. The Center for Sustainable Energy has administered the CVRP since its inception in 2009.
Led by the South Coast Air Quality Management District (South Coast AQMD) and jointly financed by the California Air Resources Board (CARB) and the California Energy Commission (CEC), the JETSI project will help significantly advance market penetration of zero?emission emission heavy? The infrastructure to support NFI’s zero?emission
Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. Section 4122 allows state and local governmental entities to issue tax credit bonds in order to finance natural gas vehicle projects. The American Power Act.
In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread. RNG reduces climate pollutants such as greenhouse gas, which takes carbon emissions completely out of trucking.
—Leo Johnson, Partner, Sustainability and Climate Change, PwC. Resilience will become a watch word in the boardroom—to policy responses as well as to the climate. The new reality is a much more challenging future in terms of planning, financing and predictability. nuclear war, radical climate change before 2050).
Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Leap Photovoltaics Inc.
Scania has been granted SEK 30 million (US$4.4 Scania has been granted FFI funding for the phase of the research project that involves the development of innovative technology for both alcohol- and methane gas-based fuels. Initially set to run from 2009-2012 with no definite ending year. FFI has R&D activities worth approx.
Bavaria is supporting this IPCEI project from BMW with co-financing in order to secure added value in a central high-tech field with great future potential. Our aim must be to participate economically in this climate-friendly technology and to make Europe more independent of suppliers from third countries.
To date, Group14 has raised $650 million in financing from investors and customers such as Porsche AG, Microsoft Climate Innovation Fund, OMERS Capital Markets, Decarbonization Partners, Amperex Technology Limited (ATL), BASF, Showa Denko and SK Inc.
Starting a company to develop an energy technology that fights climate change is hard—a lot harder than starting a software company. million grant from the U.S. million financing round. But the opportunities are huge. Do they know how to meet [these] commitments? Not really.” This is a hard problem,” Majumdar continued.
The grant will fulfill a key mandate of SB 1275, the Charge Ahead California Initiative, enacted last year to make clean transportation more widely available, particularly in low and moderate-income neighborhoods. The funding for the project comes from fees collected under the state’s climate change law, AB 32. Earlier post.).
billion), mainly through individual grants from the European Research Council (€1.75 billion) of financing for SMEs under the thematic research priorities. Special attention will be given to Small and Medium-sized Enterprises (SMEs) in a package worth up to €1.2 billion (US$1.5 billion (US$3.3 billion), and Marie Sk?odowska-Curie
Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. Intergovernmental Panel on Climate Change, Climate Change 2007: Mitigation.
Port Infrastructure Development Grants support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms. To date, LPO has provided $1.6 Studying Offshore Wind Impacts.
a startup developing innovative solid-state battery systems for use in future electric vehicles (EVs) that would fully charge in minutes, announced the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 Adden Energy, Inc.,
Did I mention that we are also as doomed as doomed can be when it comes to a livable climate and none of what I’ve been working on is going to stop that or even slow it down? Having seen “Inconvenient Truth” the year before I was driven to work on climate change and related environmental issues.
The bonuses are financed by Audi AG and are available until 31 December 2017; they will be granted directly through the Audi dealerships without customers having to make separate applications. With the climate-friendly fuel Audi e-gas, the Audi g-tron models produce 80% less CO 2 than a gasoline-powered car with a similar performance.
In the Build Back Better Act, Congress proposed making the federal EV tax credit refundable and transferable through financing, making it easier for the middle class to save $7,500 on tax credits at point of sale or finance. EV Climate Loans Help Close the Incentives Gap. EV Climate Loans Help Close the Incentives Gap.
We’ll also show you how to save a ton of money by financing your purchase through EV Life. The Clean Vehicle Assistance Program (CVAP), another California-based incentive, offers grants and loan assistance to lower-income drivers to help buy or lease low-emission or zero-emission vehicles, including EVs and plug-in hybrids. The answer?
In this article, we’re going to check out some of the specs, design, and performance of the Tesla Cybertruck and show you how you can save money on one by financing through EV Life. However, if you want to make sure you get the most out of every EV incentive available to you, look no further than the EV Climate Loan from EV Life.
In this Electric Vehicle Spotlight, we delve into the remarkable specs of the Rivian R1T and show you a strategic financing avenue that can save you money on your electric vehicle purchase. Traditional financing avenues often fail to capture the full potential of available incentives, leaving you to bear the brunt of upfront costs.
4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. In California, residents have access to additional rebates and grants offered by the state. But there’s a better way to finance your Volkswagen ID.4. Volkswagen ID.4 Volkswagen ID.4 4 Volkswagen ID.4’s
The Natural Gas Initiative has begun funding early stage, exploratory research, following a “seed grant” model used by Stanford’s Precourt Institute for Energy, one of NGI’s hosting organizations. Ritts, most recently with Chevron Asia Pacific Exploration & Production Co., Previously the Robert R.
We’ll also show you how to save money by financing your purchase through EV Life. The Clean Vehicle Assistance Program (CVAP), another California-based incentive, offers grants and loan assistance to lower-income customers to help purchase or lease a low-emission or zero-emission vehicle, including EVs and plug-in hybrids.
We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. But when it comes to accessing the available rebates, grants, and tax credits out there, it can be difficult to scan through the fine print to determine whether you qualify.
This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money. Rivian offers premium amenities and features in the RS1, including advanced climate control, high-quality audio systems, and other comfort-enhancing technologies.
We’ll also show you how to save a ton of money by financing your purchase through EV Life. Basic models are pretty stripped down, but the 2LT, 3LT, and RS trims provide a number of luxury features, including heated and powered seats, a heated steering wheel, large sunroof, hands-free tailgate, dual-zone climate control, and more.
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