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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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California cap-and-trade spending doubles to $1.4 billion in 2018; xEV rebates, affordable housing, wildfire prevention, public transit

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An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 Projects funded to date are achieving the overall goal of California Climate Investments by reducing greenhouse gas emissions by more than 36.5

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The Panda Hummel Station power plant will access natural gas through the MARC 1 and Transcontinental regional gas pipelines.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.

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NFI expands Class 8 electric truck fleet in Southern California through JETSI; delivery of first 15 of 50 trucks

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NFI, one of the US’ oldest and largest third-party supply chain solutions providers, is expanding its fleet of Class 8 battery-electric trucks (BETs) in Southern California as part of the Joint Electric Truck Scaling Initiative ( JETSI ) project. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7

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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

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decrease from the $472 million raised in Q1 2018, according to a new report from Mercom Capital Group, llc, a global clean energy communications and consulting firm. Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018.

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XL to launch plug-in hybrid electric Ford F-250 pickup at NTEA Work Truck Show

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XL, a provider of connected vehicle electrification solutions for commercial, utility and municipal fleets, will unveil a plug-in hybrid electric version of the popular Ford F-250 pickup truck at the NTEA Work Truck show, 5-8 March in Indianapolis. Earlier post.).

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