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2015 hydrogen student design contest: hydrogen fueling station business and financing models

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The Hydrogen Education Foundation announced the 11 th annual Hydrogen Student Design Contest, which will challenge student teams to develop business and financing models for hydrogen fueling stations. Finalists will be asked to pitch their plans to investors.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

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Domino’s rolling out nationwide fleet of 800 Chevy Bolt EVs

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Domino’s launched pizza delivery in 1960 with a Volkswagen Beetle, rolled out the DXP —a custom-built pizza delivery vehicle—in 2015, tested autonomous pizza delivery with cars and robots, and is now leading the charge in the future of pizza delivery. making it the largest electric pizza delivery fleet in the country.

Fleet 468
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014.

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Electric bus maker Proterra completes $55M strategic financing

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Battery-eletcric bus manufacturer Proterra has completed a $55M strategic financing. In conjunction with the equity financing, Proterra completed a debt financing in an amount up to $25 million with Hercules Technology Growth Capital. The existing major investors in Proterra added $11 million of equity.

Financing 150
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Nesscap completes US$1M convertible note financing

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The offering constituted the second tranche of the bridge financing previously announced on 8 April 2014. The Note has a maturity date of 1 April 2015; the conversion price is CAD 0.10 Customers of the Company include transportation, power, and consumer markets. Ultracapacitor company Nesscap Energy Inc.

Financing 186
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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

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The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. This is the least developed supply chain element at this time.

Financing 270