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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

Green Car Congress

New Mexico. According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

Industry 240
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The Honda Prologue Deals Just Won't Quit

The Truth About Cars

Honda recently added a sweet financing deal and thousands off the SUVs sticker price, which could push sales even higher. Prologue buyers can get zero-percent financing for the first time, with terms of up to 72 months. The Prologue is built in Mexico at a GM factory, qualifying it for the federal benefit.

Honda 113
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. billion set in 2011. billion), India ($7.4

2014 150
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25 million units. million units.

2015 150
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LG shifting Ford Mustang Mach-E battery production to Michigan

Baua Electric

The Mach-E fell off the short list of EVs that qualify for the $7,500 tax credit this year when tougher rules for the origin of battery components and critical minerals were phased in. The Mach-E is currently manufactured in Mexico , so it meets the latter requirement. However, Ford paused construction on the $3.5

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

Obama 150
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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

The recently passed Inflation Reduction Act included EV tax credits that could go as high as $7,500 for automakers that adhere to a few specific requirements. One of the requirements to qualify for the EV tax credit is related to batteries and the minerals used to make them. It did not mention the automaker by name.