article thumbnail

Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

article thumbnail

GeeRemit App Moves Money and Saves It Too

Cars That Think

Johnson is working to change those shortcomings with her fintech startup, Global Mobile Finance , which is based in Morrisville, N.C. She developed the geeRemit app to let people in the United States send money to people in sub-Saharan Africa. IEEE Fellow Sandra K. Johnson says she’s stuck in a Catch-22 situation.

Kenya 101
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

GM confirmed that all business operations are continuing without interruption in its Europe; Latin America, Africa and the Middle East; and Asia Pacific regions. Warrants granted to the New VEBA to acquire newly issued shares in the New GM equal to 2.5% None of GM’s operations outside of the US are included in the US. Earlier post.)

GM 150
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. CalSEED is administered by New Energy Nexus.

Clean 371
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

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.

Carbon 255
article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
article thumbnail

Electric vehicles trends in India

Electric Vehicles India

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. As per the company, this is the largest amount that is raised by an electric mobility company in all of Sub-Saharan Africa.

India 88