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Carmakers prioritise powertrains and plan production possibilities

Baua Electric

Production planning According to a Handelsblatt report, there are growing concerns among Volkswagens (VWs) board members over its finances. Researchers used nearly 300 million UK MOT test records to chart the health of every vehicle on the road between 2005 and 2022. In future, its range will be enhanced with hybrid technology.

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DOE not proceeding with ATVM loan for Carbon Motors; company exploring strategic and financing alternatives

Green Car Congress

The Advanced Technology Vehicles Manufacturing Loan Program, first appropriated in the fall of 2008, was to provide about $25 billion in loans to companies making cars and components in US factories that increase fuel economy at least 25% above 2005 fuel economy levels. CEO Li lashed out at the DOE in a released statement.

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Valero providing construction financing for Valero-Diamond renewable diesel JV

Green Car Congress

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. trillion in revenue over 10 years and reduce GHG emissions by approximately 20% from 2005 levels by 2025. Bernie Sanders (I-Vt.)

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DOE issues draft loan guarantee solicitation for up to $12.6B for advanced nuclear energy projects

Green Car Congress

Once finalized, these loan guarantees will provide critical financing to help commercialize advanced nuclear energy technologies, supporting projects that are often unable to secure full commercial financing due to their scale and use of innovative technology.

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Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. It’s a pretty good idea isn’t it?

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Van Hool to build 40 hydrogen buses for Cologne and Wuppertal (Germany); largest fuel cell bus order in Europe to date

Green Car Congress

Van Hool has been building hydrogen buses for the American market since 2005 and for the European market since 2007. By now, Van Hool has produced 53 hydrogen buses for North America (21) and Europe (32). The eight hydrogen-powered tram-buses Van Hool is manufacturing for Pau (France) should be added to this total.