Remove Building Remove Cleaner Remove Diesel Remove Financing
article thumbnail

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

Green Car Congress

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
article thumbnail

Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

Green Car Congress

Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 million in gross proceeds.

Financing 236
article thumbnail

CARB approves $1.5B investment in clean cars, trucks, mobility options for FY 2021-22

Green Car Congress

Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options. billion budget that builds on programs to support zero-emission vehicles and their infrastructure over the past decade. This funding will be used for incentives, outreach, technical assistance and capacity building.

Clean 321
article thumbnail

US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

Green Car Congress

Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

Coal 225
article thumbnail

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., Different that shale oil—i.e.,

Estonia 236
article thumbnail

GE Capital and Clean Energy form strategic alliance to accelerate adoption of natural gas in trucking industry

Green Car Congress

GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.

Clean 273
article thumbnail

CARB approves $483M funding plan for clean transportation investments; 94% of funding from cap-and-trade

Green Car Congress

Projects in the FY 2018-19 plan prioritize environmental justice by addressing specific community needs and increasing awareness of, and access to, cleaner transportation and mobility options exceeding the requirements called for under Senate Bill 350. Over the past five years, the Legislature has appropriated nearly $1.2

Clean 191