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Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.
A $175,000 grant will be used for the site selection and analysis process for this facility. Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. Earlier post.).
Yet current transport patterns, based primarily on private motorised vehicles, generates many social, environmental and economic costs, accounting for more than half of global liquid fossil fuel consumption and nearly a quarter of the world's energy related carbon dioxide (CO2) emissions (IEA, 2009).
an Ann Arbor-based developer of next-generation lithium-ion batteries ( earlier post ), has completed a $7-million Series B round of financing. Sakti3, Inc., Sakti3 will release separate announcements related to its technology, expansion plans, and other partners in the coming months.
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. million dollar cost matching grant from the State of Florida.
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.
EEStor has said it anticipates having at-voltage components verified independently by September of this year, with delivery of production prototype EESUs to ZMC by the end of 2009. ZMC announced its intention to exercise this additional investment option on 21 May 2009. per share raising gross proceeds of C$9,275,000 (US$8.4
The European Investment Bank (EIB) will grantfinancing 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. Tags: Europe Financing Policy Vehicle Manufacturers. Earlier post.) billion (US$4.8 billion (US$4.8
The company was restructured in 2009; until then it acted as a private research center providing contract research to companies such as Toyota Motor Company, Samsung SDI and others. The US patent and soon-to-be-granted EU patent gives the company protection for carbide-derived-carbons suitable for energy storage applications.
The proceeds from the $80 million bond will be used to partially finance the first two phases of construction of Range Fuels’ first commercial cellulosic biofuels plant using renewable and sustainable supplies of non-food biomass near Soperton, Georgia. helped facilitate the financing of this bond transaction. Range Fuels, Inc.
The Center for Sustainable Energy has administered the CVRP since its inception in 2009. The existing CVRP program will continue to accept applications while funding remains available. Once funding has been exhausted, the program will close to new applications, and updated information will be available on the CVRP website.
billion to Export Development Canada (EDC) to retire the loans granted when Chrysler Group began operations in June 2009. billion from the Canadian governments in June 2009 ($2.6 Chrysler Group confirmed the completion of new financing transactions consisting of a term loan totaling $3.0 The Company borrowed $5.1
million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel. Fulcrum matched this DoD grant with $4.7 USDA awarded the first loan guarantee in 2009 to Sapphire Energy in New Mexico. In 2013, Fulcrum was awarded a $4.7-million Earlier post.). million loan guarantee.
BNP Paribas will act as financial advisor in connection with assisting and supporting ClearFuels in securing financing arrangements for senior secured debt for the project. million conditional grant from the US Department of Energy. ClearFuels expects to begin receiving funds from this grant by the end of March. Earlier post.).
Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. In September 2009, A123 raised $378 million in its initial public offering. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.
The grant supports the ongoing development of a cellulosic biocatalyst that Gevo exclusively licensed from Cargill. In 2009, oil and gas major Total has invested an undisclosed amount in Gevo’s series D financing round. Hydrocarbon Fuels from Plant Biomass (Gevo, 2009). without the typical expression co-products.
The $303-million, 650,000 square-foot facility was financed in part from a $151.4 million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. Earlier post.). Earlier post.).
The funds are provided under the American Reinvestment and Recovery Act of 2009 (ARRA) National Clean Diesel Funding Assistance Program. Under this funding competition, EPA Region 4 alone received 98 grant applications requesting more than $140 million to help fund clean diesel emissions projects.
The JU publishes annual calls for proposals (from 2008-2013), on the basis of which funding is granted for research, technological development and demonstration projects. Second, development of financing models for reusable or recyclable components of hydrogen and fuel cell technologies. million (US$110 million). Earlier post.).
Scania has been granted SEK 30 million (US$4.4 Scania has been granted FFI funding for the phase of the research project that involves the development of innovative technology for both alcohol- and methane gas-based fuels. Initially set to run from 2009-2012 with no definite ending year. FFI has R&D activities worth approx.
Range received a $76-million grant from DOE to help build a 40 MGY wood-based ethanol plant in 2007. In 2008, it raised more than $100 million through an oversubscribed Series B private financing round. In January 2009, Range was awarded an $80-million loan guarantee from USDA.
Earlier this year, the company announced it had received financing from France’s Total—which earlier had funded research on the technology at MIT ( earlier post )—and from a personal investment by Bill Gates. Patents for all liquid metal battery inventions were licensed from MIT.
These accounts represent a near term revenue opportunity or are of strategic importance to the firm, according to the company, which said that it believed 50% of the focus list customers could generate revenue during 2009. million was financed through capital leases. million was financed through capital leases.
Standby: Sep 2009. Close: Oct 2009. Standby: Nov 2009. Close: Jul 2009. Close: Jun 2009*. Closed: May 2009*. Close: 31 Dec 2009. Close: 31 Dec 2009. Columbus, Ohio Close: 31 Dec 2009. On 31 March 2009, GM reported consolidated debt of $54.4 GM Manufacturing Plans. Orion, Mich.
Enerkem GreenField Alberta Biofuels (EGAB) has successfully completed the necessary environmental regulatory process and has been granted a permit to commence construction of a commercial facility to produce biofuels and green chemicals from sorted municipal solid waste in Edmonton, Alberta. These residues would otherwise be landfilled.
The agreements also provide for certain financing arrangements for AOSC. Oil sands projects are very capital-intensive long-term investments and difficult to fully finance in the traditional equity market. In 2007, Alberta granted China National Petroleum Corp. billion (US$1.7 Earlier post.).
The DOE offered Fisker Automotive a $529 million loan in 2009 as part of the department’s Advanced Technology Vehicles Manufacturing (ATVM) loan program. Fisker’s loan was granted so the company could build an environmentally friendly luxury car called Karma in Finland and later a second vehicle named Atlantic in the United States.
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. bg, (combining the 2009 and 2010 standards as proposed), or 1.10% of total fuel. For 2010, the cellulosic standard is being set at 6.5
The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. Providing a toolkit for climate resilience.
The 43 winning proposals were submitted by transit agencies from across the country as part of a nationwide competition for the $100 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds. Since President Obama signed ARRA into law in February, grants totaling more than $7.2 The DOT is making $48.1
Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. United Nations Climate Change Conference Copenhagen 2009. About the Author.
The Madison facility will use Southern Pine as a feedstock through most of 2009, in order to supply design details for Project Flagship, Coskata’s first commercial-scale facility. Coskata has finalized the design and is in the final phases of pulling together project financing. The process. 9-10 for every one we build. Wes Bolson.
Although the recovery in the world economy since 2009 has been uneven, and future economic prospects remain uncertain, global primary energy demand rebounded by a remarkable 5% in 2010, pushing CO 2 emissions to a new high. While there is still time to act, the window of opportunity is closing.
My new solar system only needs to be 2 kilowatts now instead of 4 – which is good because solar’s still too damn expensive and the process for putting AB 811 financing in place is taking too damn long, (and that’s another Greenius post that I’m still working on).
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The current status of my case with Torrance is, the day the article came out (on April 28, 2009) I got a call from the Planning Dept. He wasn’t a finance guy, thinking “I’m going to make money.” It’s expensive and my clients don’t finance. Granted, they’re all known as known as much sunnier places than California.
1 $100,000 Grant Moving in the Right Direction? Batteries Included $142,000 Grant 2006 Archive GM Plug-in Series Hybrid? New 100K Club Member RAV4EV in Japan Newsletter Vol. 2 PIA Meets CARB Move CARB Forward AltCar Expo 2007 Arnold Amped Up? 100K Mile Club Newsletter Vol. home | search | site map | contact.
Exclusive rights are granted to Harman Becker to manufacture the latest technology solutions for the worldwide vehicle OEM market. Reply ↓ ↑ report 2 Snoopy 3:47PM (4/17/2009) Its funny, because I was thinking about this over the past couple of days, while walking the streets of my relatively quiet neighbourhood.
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). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Cap and Trade Disappointment.
The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.
The program limits, or “caps,” carbon dioxide (CO 2 ) emissions from large fossil-fuel-fired electric generating units, with the goal of stabilizing emissions from 2009 through 2014 to a level roughly equivalent to recent historical emissions. RGGI took effect and began regulating CO 2 emissions on January 1, 2009.
This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. But starting to raise immediate finance is more important than determining its exact future size.
billion, a 92% increase over the FY 2009 appropriations. The largest percentage increases we recommend compared to 2009 funding levels are for energy storage, buildings, bioenergy, and solar photovoltaics. The project was supported by a generous grant from the Doris Duke Charitable Foundation.
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