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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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The Keeling Curve Prize (KCP) has selected 10 winners for 2019, among them Opus 12 (Berkeley, California) which is developing a device that recycles CO? is using pay-as-you-save financing to help transportation companies switch to electric buses. into cost-competitive chemicals and fuels. Earlier post.). Transportation.

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CPV, GE, DGC secure largest US thermal power project financing in 2011 for 800 MW gas-fired power plant; 23 banks to provide nearly $800M in credit facilities

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(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

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

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American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. ASMC announced on 5 November that it plans to realign its business to focus on the long-term growth of its motorcycles/ATV and marine divisions and to wind down and discontinue new automobile sales in the continental US.

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DOE Offers Conditional Commitment for a Partial Guarantee for $1.3B Loan to Largest Wind Project to Date

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billion loan in support of the world’s largest wind farm to date. The loan will finance the Caithness Shepherds Flat wind project, an 845 MW wind-powered electrical generating facility located in eastern Oregon sponsored by Caithness Energy LLC and General Electric (GE) Energy Financial Services.

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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

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California Governor Arnold Schwarzenegger announced the first comprehensive list of 244 proposed renewable energy projects that could produce up to 69,925 MW of clean energy annually. Currently California facilities produce just more than 8,000 MW of renewable energy annually.

Renewable 264
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Ultracap company Ioxus closes $21M Series C round; IFC leads; focus on China

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IFC, a member of the World Bank Group, and the largest global development institution focused exclusively on the private sector, together with the Westly Group, a venture capital firm based in Menlo Park, California, led the financing.

China 240