article thumbnail

EPA Awards $20M in Recovery Act Funding for Clean Diesel Finance Program

Green Car Congress

The US Environmental Protection Agency (EPA) announced three recovery act grants totaling $20 million in funding for the SmartWay Clean Diesel Finance Program. Overall, the recovery act allotted $300 million for the National Clean Diesel Campaign, $30 million of which will fund SmartWay Clean Diesel Finance Program grants.

Financing 150
article thumbnail

Waste-plastic-to-crude company Agilyx obtains $25M Series C financing

Green Car Congress

The plastic can be co-mingled so that no sorting is necessary, and there is no need to clean the plastic of any contaminants prior to processing. Since then, the Oregon-based company has hit a number of milestones—including closing $25 million in sales, tripling its workforce, and increasing its oil production and revenue.

Waste 210
article thumbnail

Oregon Governor Signs Climate Change Bills, Including Low Carbon Fuel Standard and B2

Green Car Congress

Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. The series of bills the Governor signed into law today include: House Bill 2186. House Bill 3463. Senate Bill 101. House Bill 2626.

article thumbnail

USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

Green Car Congress

The cleaned syngas is them processed through an amine system to capture and remove sulfur and carbon dioxide. The syngas then enters the secondary gas clean-up section that contains compression to increase syngas to the pressure required by the FT process. The end syngas product is very clean with zero sulfur content.

Waste 310
article thumbnail

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

Green Car Congress

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. billion loan in support of the world’s largest wind farm to date. billion in total loan guarantees.

Wind 170
article thumbnail

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

Green Car Congress

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
article thumbnail

The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

In addition to providing clean transportation for children, school bus electrification programs will add $6 billion to the economy and create 46,000 job years. Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. With approval from the U.S. According to the U.S.