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Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

Green Car Congress

The announcement comes on the heels of Accelergy’s collaboration with the United States Air Force, which is currently conducting tests on the company’s fuels for application as 100% non-petroleum based synthetic jet fuel. A $175,000 grant will be used for the site selection and analysis process for this facility.

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Park City Transit deploying six Proterra electric buses; battery-lease financing model

Green Car Congress

With its deployment of Proterra vehicles, the Park City region will become the first mountain resort community in the United States to operate a highly efficient, battery-electric transit service. buy the bus, lease the battery.

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. The motion was previously granted Court approval, on an interim basis, on 7 November. The case was filed in the United States Bankruptcy Court, Central District of California in Santa Ana. Earlier post.)

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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5

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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

Green Car Congress

INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. million dollar cost matching grant from the State of Florida.

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BIO Calls for a Range of Policies to Support US Biorefinery Commercialization; Need For Federal Support in Financing

Green Car Congress

Pilot and demonstration biorefineries are currently being built across the United States to take advantage of local resources and feedstocks - and creating local jobs. Reducing technology risk is necessary; that’s why we need the DOE loan guarantee program to work in conjunction with private financing. ZeaChem, Inc.;

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CT legislature passes highway usage tax on heavy trucks

Green Car Congress

The STF is a dedicated fund used to finance the state’s transportation infrastructure program and operate the departments of Motor Vehicles and Transportation. It prohibits carriers from operating, or causing to be operated, any eligible motor vehicle in the state without a HUT permit on or after 1 January 2023.

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