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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

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Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Financing 221
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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despite huge demand for biofuels from transportation end-markets, access to inexpensive feedstocks and financing hurdles remain challenging obstacles for biofuels production trying to keep pace with emerging mandates. Governments are expected to retreat from stimulus investment highs, shifting financing. dominance and reach 49.5

Global 253
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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. The local industry is already recovering, with commercial vehicle plants re-opened. —Andrej Divis, director of commercial vehicle data & forecasts at IHS Markit.

2020 191
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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

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For those proposed projects looking for federal stimulus support, 22 could generate power at utility-sized levels of larger than 200 MW, totaling 9,231 MW. A list of the 244 proposed projects that are currently in review or have been approved is available at www.energy.ca.gov/33by2020/documents/index.html.

Renewable 264
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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

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The US Departments of the Treasury and Energy announced the availability of an estimated $3 billion for the development of renewable energy projects around the country. The two made available the guidance businesses will need to submit a successful application for the funding. Biomass (closed-loop and open-loop). Geothermal.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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obligations, availability of new feedstocks, and the scaling up of advanced technologies. Governments are expected to retreat from stimulus investment highs, shifting financing. access and dictating terms for accessing financing. BGPY worldwide, representing a 127% increase over 2010 production volumes and an 8.4%

Global 225