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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
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CARB approves $2.6B investment for clean cars, trucks, mobility options

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Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. Support for commercial harbor craft: Dedicates $60 million for cleaner commercial harbor craft. The California Air Resources Board approved a $2.6-billion

Clean 326
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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

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Under the terms of the financing, the company will issue shares of common stock at a price of $2.12 The completion of this financing will greatly accelerate the build out of our national network of diesel-to-natural-gas conversion facilities. Merriman Capital, Inc.

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Direct lithium extraction company EnergyX secures $20M in funding commitments

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(EnergyX) has secured commitments of $20 million in financing. In 2020, EnergyX announced a pilot partnership with Orocobre Limited ( earlier post ) to deliver high-quality and comprehensive solutions that will lead to a cleaner, more efficient lithium extraction. Source: EnergyX.

Companies 448
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Australian Government establishes A$300M fund to support hydrogen projects

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The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

Hydrogen 286
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. —Lancaster Mayor R.

Waste 448
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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