article thumbnail

Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. This is equivalent to energy costs of US$60 a barrel. The report was formally handed over to partners on 20 December.

Africa 481
article thumbnail

Rockwell Automation opens new EV innovation center in Silicon Valley

Green Car Congress

The center will provide live manufacturing demonstrations, hands-on trials utilizing new technology and events showcasing collaboration with industry experts and Rockwell Automation partners. By 2040, it’s expected that 54% of new vehicle sales will be electric vehicles, according to Bloomberg New Energy Finance.

San Jose 186
article thumbnail

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

Green Car Congress

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
article thumbnail

Tesla Giga Berlin works with local district to establish easy commute for employees

Teslarati

” The cost of the bike path is €345,000 ($403,814). The cost will be covered “from the own resources of the Oder-Spree district,” the documents also stated. Finance Department head Jörn Peck noted that the sum of the project would be financed from the District’s liquid funds.

Tesla 116
article thumbnail

InDEED, a success

Electric Auto Association

Sponsored by the EAA and Plug In America , DEED featured events in 34 states , as well as Canada, Mexico, Puerto Rico, the Virgin Islands, and the Dominican Republic. The Central Jersey Electric Auto Association hosted Rise of the Gen Z Electric Driver , a virtual presentation focused on three students who share the cost of an EV.

article thumbnail

Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

Green Car Congress

M-KERS captures and stores energy that is otherwise lost during vehicle deceleration events. M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Torotrak uses Flybrid’s flywheel module in its Mechanical Kinetic Energy Recovery System (M-KERS).

2015 247
article thumbnail

Khattar inaugurates electric bus services in Panipat – ET Auto

Baua Electric

Khattar, who also holds the portfolio of finance, in his budget speech for the fiscal year 2023-24 had announced that city bus services would be initiated in nine municipal corporations and Rewari city. According to the statement, the existing city bus services in Gurugram, Manesar, and Faridabad will be expanded.

Auto 52