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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund. Private green funds could help finance a global fund. Diagram: Isabelle Plat.
The principles reflect the positions of the FHWA (Federal Highway Administration), NHTSA, and RITA at this time of adoption related to research, demonstration and implementation of a connected vehicle environment. Transportation Safety is the DOT’s top stated priority for the connected vehicle environment.
Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. This project equity financing by Waste Management and EB Investments supplements Enerkem’s equity position in the project, along with the C$23.35 Earlier post.)
The US Department of Transportation (DOT) Intelligent Transportation Systems Joint Program Office (ITS JPO) will hold a free Policy Research Workshop on Enabling a Secure Environment for Vehicle-to-Vehicle and Vehicle-to-Infrastructure Transactions on 19-20 April in Washington, DC. What are estimated costs for supporting these requirements?
Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. However, Germany is now financing 80% of the higher purchase cost of e-buses.
The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). 20% of the revenues under the Fund shall be used to contribute to protecting, restoring and efficiently managing marine ecosystems impacted by global warming.
The company says it is now actively examining its strategic and financing alternatives in support of its goal. We are outraged by the actions of the DOE and it is clear that this was a political decision in a highly-charged, election year environment. CEO Li lashed out at the DOE in a released statement.
Brazil’s Minister of Environment Izabella Teixeira and Brazilian National Development Bank (BNDES) President Luciano Coutinho announced the launch of a new credit line to support projects focused on greenhouse gas reduction and climate change solutions. In 2011, approximately R$230 million (US$133.7
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. The report was formally handed over to partners on 20 December. Pilot projects need to show successful green hydrogen generation, storage, distribution and use at both demonstration and commercial scale.
million in new financing. Jian-Ping Wang (2020) “Environment-friendly bulk Fe 16 N 2 permanent magnet: Review and prospective,” Journal of Magnetism and Magnetic Materials, doi: 10.1016/j.jmmm.2019.165962. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3
In addition to the significant energy savings and reduced impact on the environment, this technology gives passengers a more comfortable and pleasant journey and improves the working environment of the drivers. The project is co-financed by Life+, the EU’s financing program for environmental projects.
These will include flexible financing, short-term rentals, and full-service leases, such as all-inclusive truck-as-a-service options with enhanced incentives and fueling support. Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers.
A new survey by Capital One Auto Finance found that more than half of respondents (53%) say that their next car will be more fuel efficient than their current vehicle and 55% would be very likely or somewhat likely to give up a larger vehicle for a more fuel-efficient model when they buy their next car.
The EVV is a self-contained, all-electric transportation solution that has been optimized to store, transport, and deliver testing and vaccines to a large population across a wide variety of environments and locations. Element Fleet Management Corp.,
million) financing from Bpifrance on the isobutene program. Bpifrance granted Global Bioenergies a “Zero Percent Interest Innovation Loan” (Prêt à Taux Zéro Innovation) to adapt its isobutene process to certain specific industrial environments. million (US$1.6-million) million interest-free loan over seven years.
—“State of Finance for Nature”. trillion finance gap between now and 2050, by “building back more sustainably”, by repurposing agricultural and fossil fuel subsidies and by creating economic and regulatory incentives. The report calls for coupling investments in restoration action with financing conservation measures.
The financing round was led by LDV Partners and Alpha JWC Ventures. Venti’s proprietary algorithms create powerful processing and fast reaction times, delivering practical advantages: Handling 30 – 40% change in the environment (compared to 5% for other leading industry players). Zero blind spots and uncompromised safety.
More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.
The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on Climate Change (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7
The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.
The work will form the scientific foundation of TMC’s future Adaptive Management System (AMS), a predictive system that will use environmental and operational data to enable the company to mitigate operational impacts in the deep-sea environment as much as possible. Earlier post.).
2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. The move is aimed at boosting the renewable resources sector, easing demand for petroleum and protecting the ecological environment, the announcement said. The new policy is effective from 1 Jan.
Nature: Protecting and restoring the natural environment, planting 30,000 hectares of trees every year. Innovation and finance: Developing the technologies needed to reach these new energy ambitions and make the City of London the global center of green finance.
million) financing round alongside a strengthening of its intellectual property position. Additional parties investing in the financing round include Innovatie- en Investeringsfonds Gelderland B.V., The Netherlands-based biomass torrefaction technology company Topell Energy B.V. completed a €13-million ($16.25 free of oxygen).
million in the form of repayable advances, following last July’s achievement of a technical and financial milestone in the ISOPROD project funded by the French Environment and Energy Management Agency (ADEME), which involves Global Bioenergies, Cristal Union and L’Oréal around the IBN-One first plant project. million and IBN-One €0.5
California has a strong interest in promoting the adoption of electric vehicles, based on the benefits to the economy, environment, and quality of life. Plan for and facilitate deployment of a well-planned and easy-to-use charging infrastructure network. The author of this policy paper is Ethan N.
Solix BioSystems (formerly Solix Biofuels) announced the availability for sale of the Lumian AGS4000, a 4,000 liter integrated Algae Growth System (AGS) that provides an outdoor growth environment for the evaluation of algal species or as a source of clean culture inoculum for larger growth systems. In our AGS in Ft. Collins, Co.,
AREVA, Smart Energies through its subsidiary CETH 2 , and the ADEME (French Environment and Energy Management Agency) have created a joint venture—AREVA H 2 -Gen—to manufacture Proton Exchange Membranes (PEM) for the production of hydrogen from water and electricity.
million Series B financing round, co-led by new investor Groupe Lune Rouge and current investors Cycle Capital Management, and BDC Venture Capital. Agrisoma Biosciences, an agricultural company that has commercialized carinata, a non-food oilseed crop designed for sustainable production of biofuels, has closed a $15.4-million
The plan marks the latest milestone in a multi-year endeavor to find ways to make the military more energy efficient, said Katherine Hammack, the assistant secretary of the Army for installations, energy and environment, and Terry Yonkers, the assistant secretary of the Air Force for installations, environment and logistics.
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program.
The EU-financed SARTRE (Safe Road Trains for the Environment) project has carried out the first successful demonstration of its vehicle platooning technology at the Volvo Proving Ground close to Gothenburg, Sweden. First on-road SARTRE mini-platoon. Click to enlarge. Earlier post.)
The first phase of the project is supported and financed by half by the Swedish Transport Administration and the EU. Sustainability is very high on our agenda and we are constantly evaluating new ways to reduce our impact on the environment.
At the same time they experience a significantly quieter ride and an improved working environment, reducing stress and fatigue and increasing overall comfort. Volvo Financial Services (VFS) provides flexible financing solutions specific to the Volvo VNR Electric and required charging infrastructure.
In April, the BMW Group, WWF and other companies—including the Volvo Group—undertook, as a precautionary measure, not to use deep-ocean minerals or finance deep-sea mining until comprehensive scientific research into the impact of deep-sea mining can be conducted and the consequences for the environment are clearly assessed.
In realizing this goal, to promote “making friends” both inside and outside of the Group, it is important to create an environment where customers who use products and services and various businesses that provide them can connect more “openly” under “safety and security.”.
Combined with creative financing models and rigorous focus on safety, there could be as many retrofitted zero emission heavy vehicles as newly built zero emission heavy vehicles by 2030. Not to forget, retrofit is a form of reuse or recycle and hence in line with circular economy principles to better meet net zero goals.
Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Without the ability to finance drilling, smaller or more indebted oil companies may not have a future. by Nick Cunningham of Oilprice.com.
United Nations Environment Programme Finance Initiative ( UNEP FI ) is a global partnership between the United Nations Environment Program (UNEP) and the global financial sector. UNEP FI works closely with more than 200 financial institutions who are signatories to the UNEP FI Statements.
The SARTRE project (Safe Road Trains for the Environment) ( earlier post ) has recently completed the first successful test demonstration of a multiple vehicle platoon, with Volvo Car Corporation as the only participating car manufacturer. SARTRE multiple vehicle platoon on the test track. Click to enlarge. Earlier post.
Some 3 million public charging points will be needed for a projected 44 million electric vehicles in 2030 if the EU is to become climate neutral by 2050, according to new research by environmental NGO Transport & Environment (T&E). billion a year on average, in private and targeted public investment.
SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel.
By leveraging their respective strengths in microgrid technology and scalable, repeatable designs, both Faith Technologies and Schneider Electric will help PACCAR deliver power systems solutions that benefit their customers and the environment. PACCAR Financial will provide flexible financing options for infrastructure and charging systems.
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