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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

Financing alternatives are being evaluated. IMO, the International Maritime Organization, targets carbon emission cuts of 40% by 2030 and 70% by 2050, compared to 2008 values. The gigafactory may create 500 jobs within research and development, pilot production and full-scale industrial production.

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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). 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 Tags: Europe Financing Policy Vehicle Manufacturers.

Financing 150
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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

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Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Darling International Inc. Earlier post.)

Renewable 199
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JetBlue to go carbon neutral on all domestic flights by offsetting emissions starting in 2020; flying with SAF from SFO

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JetBlue also announced plans to start flying with sustainable aviation fuel (SAF) in mid-2020 on flights from San Francisco International Airport. Since 2008, JetBlue has already offset more than 2.6 Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place.

Carbon 150
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XL Hybrids to display retrofitted hybrid Chevrolet 2500 Cargo Van at MIT Energy Conference

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The XL Hybrids powertrain consists of a 2 kWh lithium-ion battery pack, a 40 kW (53 hp) electric motor and a proprietary hybrid control system that operate seamlessly with the OEM internal combustion engine and automatic transmission. XL Hybrids was started by MIT alumni who collectively have founded four alternative energy companies.

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Addax Bioenergy signs loan agreement for €258M renewable energy project in Sierra Leone; sugarcane ethanol and biomass power

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In addition to the independent studies that have already been conducted and are publicly available, the financing partners will perform on-going monitoring to ensure that the project fully meets its commitments. The first 118 farmers graduated from the “Addax Farmer Field and Life School” in January 2011, and training is ongoing.