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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

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In Luxembourg and the Netherlands about two-thirds of new buses were zero-emissions. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.

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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

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LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale.

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Volvo Cars successfully places first green bond, raises €500M

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The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. The settlement date is expected to be 7 October 2020 and the bonds will be listed on the Luxembourg Stock Exchange.

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Volvo Cars raises €500M for electrification through second green bond issue

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The bond matures on 31 May 2028, pays a fixed coupon of 4.25%, equivalent to 291 basis points above mid-swap, and will be listed on the Luxembourg Stock Exchange. In 2020, Volvo Cars established a Green Finance Framework in alignment with the ICMA Green Bond Principles.

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Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

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The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. The hybrid drives combine a modern diesel engine with an electric motor and batteries to recover braking energy, reducing fuel consumption and CO 2 emissions by up to 25%.

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Field test shows Volvo Buses’ plug-in hybrid reduces fuel consumption by 81% and energy consumption by 61%; 21 mpg

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The field test in Gothenburg began in June 2013 and includes three plug-in hybrid buses, the batteries of which are rapidly recharged at the terminals. The plug-in versions have a larger battery pack, making it possible to drive up to 7 km using electricity only—about 70% of the route distance. Earlier post.).

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Zero Carbon Lithium company Vulcan acquires geothermal plant; brine offtake agreement with geox

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The Vulcan team remains focused on developing our world-first dual renewable energy and Zero Carbon Lithium business, with phase 1 production to supply the EU battery market targeted for CY2024. —Vulcan’s Managing Director Dr. Francis Wedin. Brine offtake.

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