This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. The terms of this note include conversion features at $0.55
has signed a purchase and sale agreement to acquire BAF Technologies, Inc., the leading provider of natural gas vehicle systems and conversions in the United States. The purchase price payable at the closing of the acquisition of BAF is approximately $8.3 Clean Energy Fuels Corp. Due to the fact that approximately $3.8
The PACC 2020 is self-financed from the carbon market and the extension until 2014 of the fuel levy and fossil fuels. The action plan and strategy adaptation represent a total investment of nearly C$2.7 billion (US$2.6 Almost 63% (C$1.7 Almost 63% (C$1.7 GHG emissions in Québec reached their historic peak in 2003 to 6.8%
In the next few years, the company expects the conversion of one blast furnace to result in an annual demand of around 20,000 tonnes of green hydrogen. This demand will increase to some 720,000 tonnes per year by 2050 as a result of the gradual conversion of the plants and equipment.
This purchase represents an order potential of nearly 800 buses (of which about 200 are in firm order), financed 100% by île-de-France Mobilités (in direct grant or via the contract île-de-France Mobilités – RATP). The first order of approximately 150 vehicles, distributed over the three lots, will be processed as soon as possible.
The awarded AFIG grants will help pay for the conversion or purchase of 351 natural gas vehicles and 337 propane vehicles weighing less than 14,000 pounds. The Act 13 Natural Gas Vehicle grants are financed by impact fees paid by natural gas operators.
51-year-old Energy Conversion Devices, Inc. OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. Earlier post.)
The financing will be used primarily to expand Nesscap’s operations in South Korea. Ultracap company Nesscap Energy Inc. closed a US$8.5 million private placement of common shares from affiliates of each of I2BF Global Ventures and Arbat Capital Group at a price of C$0.38 per common share. formerly Vardimco Enterprises Ltd.
Novamont is financing the plant conversion and will operate the plant, which is expected to have a production capacity of approximately 40 million pounds per year. Novamont has committed to purchasing all of the output from the plant, while Genomatica may purchase a portion at its discretion to support further market development.
has entered an off-take agreement with Tenaska BioFuels, LLC (TBF) for the purchase and sale of all ethanol produced at BlueFire’s planned cellulosic ethanol facility in Fulton, Miss. Also, it will move BlueFire closer to a debt financing agreement with the Department of Energy and US Department of Agriculture. Earlier post.).
Pursuant to the terms of the definitive agreements, Wanxiang would provide A123 with up to $75 million in initial debt financing under a Senior Secured Bridge Facility. In addition to the initial credit extension of $25 million, $50 million would be funded after the satisfaction of certain closing conditions.
Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. During an appearance at the All-In Summit , Musk compared his concerns about Twitter’s bots with those faced by buyers who are looking to purchase a house.
Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. Over the past 10 years, HVIP has committed to supporting the purchase of more than 4,000 zero-emission trucks and buses with vouchers requested by California fleets.
Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.
The purchase of the 25% equity stake and the conversion of the loan is subject to the initial disbursement of a loan from Banco do Brasil, the lender providing project financing to the project. Israel-based Ampal-American Israel Corporation signed an option exercise agreement with Merhav (M.N.F)
The agreement further provides a subsidiary of Valero the right to purchase up to 25% of Mission at A$0.45 Under the terms of the equity deal, Mission will issue Valero two tranches of warrants to purchase common stock. per common share, representing a 61% premium to the current 30-day Volume Weighted Average Price.
Natural Gas Credit Purchase system; deliver technical and safety workshops. Purchasing Agreements; train and deploy Energy Coaches who will work. other fleets; create vehicle conversion inspection criteria; and train and. alternative fuel vehicle conversions, equipment safety, and fueling. 499,918. . Colorado Energy.
These RIN credits are purchased by US refiners to comply with the RFS program. Earlier this year, Enerkem expanded its Edmonton biofuel facility to produce some 13 million gallons of cellulosic ethanol annually following the commissioning of its methanol-to-ethanol conversion unit.
According to the proposed terms of the strategic agreement, if the entire amount of the initial debt financing is provided to A123 and the full amount of the warrants and Convertible Notes are issued and exercised for cash, Wanxiang’s total capital investment in A123 from these agreements would total approximately $450 million.
Battery swapping gives way to battery financing. Europe will show the greatest progress in simplifying PEV driving in 2013; if the European e-Mobility model proves successful in promoting the adoption and use of PEVs, their American counterparts are likely to at least begin the conversation about a national system later in the year.
year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). Ener1 purchased $21.3 million was financed through capital leases. Early design concept development program with a European automotive company. Ener1 has applied for $480 million in 10?-year
Provisions of the investment agreement with Rio Tinto include participation rights in any future equity financings to maintain pro rata ownership interest for a period of five years from the date of closing; a lock up on securities dispositions and a standstill for a period of 12 months from the date of closing, subject to certain exemptions.
has signed a purchase agreement with Textron Aviation for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fleet order of 100 aircraft and an option for 50 more. Surf Air Mobility Inc., The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation Inc., a Textron company.
After in-depth conversation and research, conducted by MEG and our partners, with two of China’s leading mining provinces, Inner Mongolia and Yunnan, we have determined that they have a combined sales target for heavy trucks and the required batteries of approximately US$14 billion (RMB100 Billion) over the next three years.
Stationary Fuel Cells and Hybrid Transit Buses Incremental Costs: The purchase of diesel-electric hybrid transit buses and stationary fuel cells for use in the statewide bus system in Connecticut. Statewide Paratransit Bus Hybrid Program: Purchase 31 paratransit hybrid buses to replace 31 gas and diesel vehicles.
SGH2’s gasification process uses a plasma-enhanced thermal catalytic conversion process optimized with oxygen-enriched gas. California’s largest owners and operators of hydrogen refueling stations (HRS) are in negotiation to purchase the plant’s output to supply current and future HRS to be built in the state over the next ten years.
Stressed the need to focus on research excellence in order to ensure that alternative powertrains receive targeted research financing, including innovative energy storage and conversion technologies, such as batteries, fuel cells and the necessary respective infrastructure.
The total purchase price of approximately US$23.4 million is being financed through a combination of proceeds from cash generated from the recent warrant exercise and general operating funds. —David Demers, CEO of Westport Innovation.
We are pleased to reach this strategic step in partnering with Obeikan that paves the way for significant Opex savings including greatly reduced energy and financing costs, and a much lower taxation rate.
Our conversations with end users suggest the market for battery grade lithium hydroxide and lithium carbonate remains very tight. Prior to the most recent project financing, about CAD80 million had already been invested in the Whabouchi site construction and preparation. Further to the recent completion of a CAD1.1-billion
The new investment represents the exercise of the maximum additional investment option available to ZMC which was to acquire 117,757 shares at the same price-per-share as the original equity investment granted to ZMC pursuant to the share purchase agreement between ZMC and EEStor dated 30 April 2007.
A number of banks in the Philippines recently promoted their financing packages for Tesla customers in the country. While the financing packages would likely attract a good number of customers to the electric vehicle maker, the interest rates for Model 3 and Model Y loans in the Philippines are extremely high.
We’ve now got some Mo going with: California solar loan financing that will eliminate the big up front cost of solar. SOLAR FINANCING – WHO GETS IT AND WHO DOESN’T. The loans are financed through the sale of assessment district bonds. NO PURCHASE! Plug In Conversions Corp. It’s a slam dunk.
The bill does not restrict who can hold an allowance, nor does it restrict the purchase, sale, or any other transactions involving allowances. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Monetary and injunctive penalties are associated with non-compliance. Natural Gas.
As well as outright purchasing the Tusker, customers will be able to finance the new all-electric ute from just $295 a week, rising to $495 per week as part of an all-inclusive subscription package. The firm has recently signed a five-year deal via its parent VivoPower to develop a new EV conversion for the LandCruiser 70 Series.
On 18 March, Marketwatch reported that Valero purchased selected assets of corn ethanol suppliers for $477 million. It is believed Valero purchased the plants at 30% of their original construction cost. (In Financing challenges. All of this makes for a very difficult time to get financing for a new facility.
The German government announced on Tuesday its new plan of financial incentives for electric vehicle purchases. Drivers will no longer receive the same amounts they did previously for purchasing electric cars, as Germany announced it would reduce the amount of money it gives consumers for switching to sustainable powertrains.
states, reigniting a long-held conversation in the electric vehicle (EV) community about dealership policy lobbying groups and online sales models. Executives from both Tesla and Rivian have commented on the decades-long fight to overturn direct vehicle sales bans across many U.S.
Green Car Congress recently had a quick conversation with John Warren, Director of Government Relations & Project Development for Osage Bio Energy in Glen Allen, VA. OBE believes they will be one of the first commercial-scale renewable fuel producers to petition for an advanced biofuel designation from the EPA.
For the primary generation in an extended generation, gross sales and finance-and-insurance workforce are being challenged to respond to questions on rates of interest. Salespeople should be skilled to respond to those questions as it should be for purchasers who’ve contacted banks pre-sale and mentioned charges with them.
Various industries were experimenting with the factitious intelligence-driven conversational chatbot, ChatGPT, because it debuted overdue latter moment. Although a lot of the gross sales procedure can pull park on-line, shoppers be expecting a degree of personalization for such massive purchases.
After all, with V2G technology at the forefront of the EV charging conversation, it seems that the space has not only progressed, but also changed direction away from DC solutions. What’s more, high purchase costs – currently around £4,000-£5,000 – make them widely inaccessible to many EV drivers. “AC
Unlike today’s robot designs, none of the animatronics of the ’60s and ’70s were truly interactive; all of the songs and conversation were prerecorded and synched with movements through computer programming.) Cheese; Bushnell was financing his share of the enterprise with his own money from the sale of Atari.
He also admitted that Tesla’s vehicle purchasing process has become overcomplicated. “We’re in conversation with one automaker,” Musk said. The executive also noted that Tesla is lowering prices and “attractive financing” on vehicles and subscriptions, which could help boost demand.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content