Remove 2017 Remove Congress Remove Cost Of Remove Financing
article thumbnail

FTA announces $55M for FY 2017 Low-No funding

Green Car Congress

The Federal Transit Administration (FTA) announced the availability of $55 million of Fiscal Year 2017 funds ( FTA-2017-003-TPM-LowNo ) for the purchase or lease of low- or no-emission vehicles as well as related equipment or facilities (Low-No). million is available under the Continuing Resolution that expires on 28 April 28 2017.

2017 150
article thumbnail

ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

Green Car Congress

The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 Uzbekistan started forming a banking consortium to finance the plant construction in September 2013.

article thumbnail

IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

Climate 349
article thumbnail

IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. As a result, advanced economies have lost market leadership, as 27 out of 31 reactors that started construction since 2017 are Russian or Chinese designs.

Russia 458
article thumbnail

San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

Green Car Congress

The ports of Los Angeles and Long Beach released the draft of their proposed 2017 C lean Air Action Plan (CAAP) Update. A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. The 2017 CAAP identifies the tougher measures needed to ratchet down emissions to zero or near-zero levels.

2017 150
article thumbnail

BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

Clean 259
article thumbnail

Los Angeles to lease 160 BEVs, 128 PHEVs as part of commitment to 50% EV purchases by 2017

Green Car Congress

These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017. The change in vehicle procurement policy will: Cut operating costs of the vehicles by an estimated 41% ($0.21 The LADWP will lease 44 BEVs and 113 of the PHEVs. per mile for EVs vs. $0.37