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Algenol closes on additional $25M internal equity financing

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This technology has the best chance of actually reducing carbon emissions while producing cheap fuel in the process. Algenol has recently commenced initial operations of a pilot commercial module at its Florida development campus, which builds on the successful launch of a demonstration project in India.

Financing 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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It can also be used to buy and store electricity from the national grid when it is cheap and green, for later use. IRIS is a Light House project, financed by EU HORIZON 2020. The energy warehouse is used to cut the property’s power consumption peaks, and to store or sell surplus solar energy.

Store 273
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. This is due to the DRC’s proximity to cathode raw materials and heavy reliance on hydroelectric power plants.

Africa 221
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. World transportation oil demand by mode in the New Policies Scenario. Click to enlarge.

Oil 247
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EnerNOC and Tesla to collaborate on stationary energy storage

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Cheap cells made in the Gigafactory are only part of the puzzle. Offering financing and new residential business models. Providing financing options for many of those purchases will be key, echoing the successful strategy that solar has already employed. However, SGIP is an unsustainable model in the long term.

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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

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Oil helped finance their emergence from colonial rule and, at times, guided the placement of national borders to encompass known oilfields. Finally, in many MENA countries, government policies that made available low-priced fuel and electricity contributed to an ‘entitlement mentality’ among citizens toward cheap energy.

Oil 150