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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018. federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

This also expresses our confidence for the future business development. Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. In paving the way for the future of mobility, a substantial level of upfront expenditure was required.

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DOE to award up to $100M for future coal plants in Coal FIRST initiative

Green Car Congress

The US Department of Energy (DOE) intends to provide up to $100 million in awards ( DE-FOA-0002116 ) for the Coal FIRST (Flexible, Innovative, Resilient, Small, and Transformative) initiative (announced in November 2018), which aims to develop coal plants of the future that will provide secure, stable, reliable power with near-zero emissions.

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SolarEdge, Kokam open 2GWh cell plant in South Korea

Green Car Congress

The facility can scale its battery cell capacity in the future to support the growing needs for storage solutions offered by the company. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. The opening of Sella 2 is an important milestone for SolarEdge.

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Energy storage: the key to a decarbonised future

Setec Powerr

Lithium batteries: the future of storage. According to a recent study by Bloomberg NEF (BNEF), the cost of lithium-ion batteries will be significantly reduced in the coming years — beyond even the 85% reduction that occurred from 2010 to 2018. This situation, however, seems to be changing.

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W?rtsil? & Vantaa Energy Ltd. to cooperate on a carbon-neutral synthetic biogas production project

Green Car Congress

The purpose of the joint study is to confirm the optimal size of the project, the cost of synthetic biogas for district heating, and to understand the boundary conditions for project feasibility. Once feasible, the parties intend to continue joint development of the project towards a commercial-scale pilot project.

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Bye Aerospace unveils 8-seat all-electric eFlyer 800; Safran supporting propulsion design

Green Car Congress

The eFlyer 800 will have only one-fifth the operating costs of traditional twin turboprops and is geared for the air-taxi, air-cargo, regional and charter aircraft markets. The eFlyer 800 is the first all-electric propulsion technology airplane that achieves twin-turboprop performance and safety with no CO 2 and extremely low operating costs.