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Global Bioenergies obtains €4.4M loan to complete financing of demo plant, begins construction

Green Car Congress

million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.

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Obamas budget proposes terminating Diesel Emissions Reduction Act grant program

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Among the many program terminations, reductions and savings outlined today in the president’s budget is the proposed termination of the US Environmental Protection Agency’s Diesel Emissions Reduction Act grant program. Enacted funding for the program in 2010 was $60 million. In addition, $7.1

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

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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). We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008).

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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

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The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. In 2008 the EIB signed loans totaling €57.6 billion (US$81.9 billion); €51.5 billion were in France.

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US EPA awards $50M for clean diesel projects

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While EPA’s standards significantly reduce emissions from newly manufactured engines, clean diesel projects funded through these grants will work to address the more than 11 million older diesel engines that continue to emit higher levels of harmful pollution. Emerging Technologies grants. SmartWay Finance Program grants.

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Honda to provide $13.8M to FirstElement Fuel to support build out of California hydrogen refueling infrastructure

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Additional state grants, combined with the Honda financing, could enable FirstElement to add at least 12 stations to its California hydrogen network. FirstElement received grants totaling nearly $27 million from the California Energy Commission earlier this year to build a network of 19 stations around the state.

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Global Bioenergies hits two milestones in renewable isobutene project

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The BioMA+ project is financed by the ADEME in the context of the French “Investissements d’Avenir” State program. In 2013, the Company announced that, as part of its “Investissements d’Avenir” program, the French government had granted financing of €5.2 These milestones give rise to a payment of €879,000 (US$936,000).

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