Remove Diesel Remove Emissions Remove Grant Remove Stimulus
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Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

Green Car Congress

A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion. Volvo Truck Corp. Click to enlarge.

Stimulus 150
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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

To ensure and accelerate the transition, we must move beyond the set of traditional mechanisms that have been used to assist one-to-one replacements of trucks and buses, such as grant programs providing basic buy-down payments. To date, traditional government grant programs have helped fleet owners replace diesel trucks with cleaner ones.

Financing 221
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California ARB Begins Process to Revise Diesel Control Regulations

Green Car Congress

The California Air Resources Board began the formal process to revise its strategy for the clean-up of on- and off-road diesel engines by directing staff to return in September with specific proposals to provide additional flexibility. We are committed to taking those impacts into consideration for our diesel clean-up program.

Diesel 223
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5

PHEV 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Current hybrid buses can cost around $200,000 more than a comparable diesel bus, depending on the bus specifications.

2018 276
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Grant Davis is a Managing Director at New York Life Investments.

Financing 150