Remove Cleaner Remove Financing Remove Gas Remove Gas-Electric
article thumbnail

CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. Support for commercial harbor craft: Dedicates $60 million for cleaner commercial harbor craft. The California Air Resources Board approved a $2.6-billion

Clean 326
article thumbnail

NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. per share.

Financing 244
article thumbnail

Motiv Power Systems secures $15M in funding from GMAG Holdings Corp.

Green Car Congress

Motiv Power Systems, a sustainable technology company delivering all-electric chassis with a proven software platform for the electrification of medium-duty trucks and buses, secured $15 million of additional funding from GMAG Holdings Corp.

Power 186
article thumbnail

BYD executive says Tesla is a ‘partner’ in electrification

Teslarati

company’s role in helping popularize and educate the public about electric vehicles (EVs). In an interview between Yahoo Finance and BYD Executive Vice President Stella Li on Monday, Li told the publication she thought the global EV market couldn’t have come to exist the way it does without Tesla.

BYD 115
article thumbnail

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

President Obama’s plan, which sidesteps the need for Congressional involvement by relying on a wide variety of executive actions, has three main components: Reducing greenhouse gas emissions in the US. Reducing greenhouse gas emissions in the US. of greenhouse gas emissions to 3% by 2020. Other efforts will include: Natural Gas.

Obama 249
article thumbnail

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., of global and 17% of European reserves.

Estonia 236
article thumbnail

Virginia Governor signs legislation and executive order beginning transition of state vehicles to natural gas, electricity or other alternative fuels

Green Car Congress

Virginia Governor Bob McDonnell has signed two pieces of legislation that promote the use of natural gas, electric or other alternative-fueled vehicles in the Commonwealth. He also signed a new executive order setting out the state alternative fuel plan required by House Bill 2282. HB2105 (Bulova). Executive Order #36.