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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

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million investment in 2015) in Carbon Recycling International ( CRI ), an Icelandic company which produces renewable methanol using recycled CO 2 emissions sourced from a local thermal power plant and hydrogen made by splitting water with electrolysis (Power-to-Methanol). Geely is a shareholder ($45.5-million Earlier post.).

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Benchmark: lithium has to scale twenty times by 2050; generational challenge for automakers

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million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. Annual production of 11.2

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Geely is committed to achieving the long-term goal of zero emissions mobility through a diverse suite of new energy solutions, including renewable methanol vehicle technology. Earlier post.).

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Toyota cumulative global hybrid sales pass 5M, nearly 2M in US

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Cumulative global sales of TMC hybrid models as of 31 March 2013. Cumulative global sales of Toyota Motor Corporation’s (TMC’s) hybrid vehicles—including plug-in hybrids— topped the 5 million unit mark as of 31 March 2013, reaching 5.125 million units. Click to enlarge. Click to enlarge.

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DOE issues FY 2015 SBIR/STTR Release 2 funding opportunity, including hydrogen fuel cells, electric drive batteries

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The US Department of Energy (DOE) has issued its FY 2015 Phase I Release 2 Funding Opportunity Announcement ( DE-FOA-0001227 ) for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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USDA and US Navy Launch Effort to Encourage Development and Use of Biofuels and Other Renewable Energy

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Agriculture Deputy Secretary Kathleen Merrigan and Assistant Secretary of the Navy for Energy, Installations & Environment Jackalyne Pfannenstiel kicked off the first of several energy forums to look at ways to increase biofuels production and meet the Navy’s renewable energy needs. Earlier post.). as part of its biofuel certifications.).

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