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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas.

Wind 418
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Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Teslarati

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’s future, even though it is still below the consensus estimate of ~417,000 vehicles.

Texas 121
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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Purchase 299
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Elon Musk’s Boring Company linked to 73-acre purchase in East Texas

Teslarati

Elon Musk’s Boring Company has been linked to a 73-acre land purchase in Bastrop County, Texas. The Boring Company (TBC) already established an office building in Pflugerville. According to Bastrop County property records , Gapped Bass LLC purchased 73 acres of land in May. Credit: The Boring Company.

Texas 141
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ZEEP to purchase Eastman TXE gasification project in Texas; Coke to H2 and CO2

Green Car Congress

( ZEEP ) has entered into a definitive agreement with Eastman Chemical Company Investments, Inc., a subsidiary of Eastman Chemical Company, to purchase all of the membership interests of TX Energy, LLC (TXE). —Ron Oligney, ZEEP CEO. Zero Emission Energy Plants Ltd.

CO2 199
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UPS to purchase ~700 LNG trucks, build 4 refueling stations by end of 2014

Green Car Congress

UPS plans to purchase approximately 700 liquefied natural gas (LNG) trucks and to build four refueling stations by the end of 2014. An initial investment of more than $18 million to build fueling stations will be supported by the purchase of the 700 LNG tractors and continued expansion of the natural gas fleet in the US.

Las Vegas 273
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Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

Green Car Congress

for a total purchase price of $112 million in cash together with an additional $2.9 million pounds U 3 O 8 per year based on permitted and installed capacity of our Wyoming and South Texas hub-and-spoke operations. Other highlights of the acquisition include the following: Largest US uranium mining company. Uranium Energy Corp.

Wyoming 334