Remove Concept Remove Corporation Remove Financing Remove Grant
article thumbnail

ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

Green Car Congress

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. million grant ($17-million) to deliver a breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. The program kick-off is supported by a new raise of $24.3

Hydrogen 376
article thumbnail

Honda to provide $13.8M to FirstElement Fuel to support build out of California hydrogen refueling infrastructure

Green Car Congress

Additional state grants, combined with the Honda financing, could enable FirstElement to add at least 12 stations to its California hydrogen network. FirstElement received grants totaling nearly $27 million from the California Energy Commission earlier this year to build a network of 19 stations around the state.

Honda 281
article thumbnail

Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

LTC is also working on several zero-emission model concepts, including light commercial vehicles as part of ZGH’s plans to significantly raise production at LTC and position it as a leading manufacturer of green and environmentally friendly transportation. The directive was the country’s first guideline on green bonds. million (US$25.4

London 170
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

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.

Clean 371
article thumbnail

Overcoming Systemic Racism Through System Engineering

Cars That Think

Several states have enacted laws that ban, or would appear to ban, discussing the concept in public schools and colleges, and even private workplaces. The group found that if 15 percent of existing Black businesses could finance a single new employee, it would create US $55 billion in new economic activity.

Engine 100
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

This concept is often called “additionality.” 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. Validation requires additionality.

Carbon 255
article thumbnail

Designing the First Apple Macintosh: The Engineers’ Story

Cars That Think

The author spoke with many members of the design team in the months following the 1984 introduction of the Macintosh, however, Steve Jobs did not grant an interview for this article. Thus the decision was made to write a Macintosh operating system from scratch, working from the basic concepts of the Lisa.

Design 125