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DOE Offers Conditional Commitment for a Partial Guarantee for $1.3B Loan to Largest Wind Project to Date

Green Car Congress

The loan will finance the Caithness Shepherds Flat wind project, an 845 MW wind-powered electrical generating facility located in eastern Oregon sponsored by Caithness Energy LLC and General Electric (GE) Energy Financial Services. billion loan in support of the world’s largest wind farm to date.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Too, the planned expansion of the supercharger network in North America to address charging infrastructure concerns will require at least $62 million.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

NextGen Climate America. Charging infrastructure financing: Unlocking Up $4.5 The partnership will address these questions to provide the necessary information for the basis of a dialogue with stakeholders to help define public-private partnerships, funding, and financing models for implementing a national fast charging network.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

This is particularly true for cargo vans and similar medium-duty vehicles, driven by purchase commitments from large fleet operators, with heavy-duty fleet operators committing as well. Timelines for electrification of heavy duty vehicles tend to range from 2030 outwards and cover only percentages of new trucks purchased.

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Lightsource bp launches Bighorn Solar project in Colorado; first steel mill to run almost entirely on solar

Green Car Congress

Lightsource bp, together with Xcel Energy and EVRAZ North America , launched its new 300-megawatt Bighorn Solar project. EVRAZ Rocky Mountain Steel is the largest producer of rail in North America, manufacturing more than 580,000 tons of rail annually. The steelmaking operation melts more than 1.25

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

On 18 March, Marketwatch reported that Valero purchased selected assets of corn ethanol suppliers for $477 million. It is believed Valero purchased the plants at 30% of their original construction cost. (In Financing challenges. All of this makes for a very difficult time to get financing for a new facility.

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Clearing the roadblocks to electrification of heavy-duty trucks

Charged EVs

Upfront costs are steadily approaching parity with legacy vehicles, purchase incentives are available, and new programs at the levels of federal (IRA, BIL), state (California’s ACT and ACF) and local (city zero-emission zones) government are driving (some would say “coercing”) companies to move forward quickly. Rustam Kocher: It is.

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