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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Volvo Penta, TICO complete build of prototype electric terminal tractor

Green Car Congress

Volvo Penta and TICO have completed the build of the first terminal tractor prototypes powered by Volvo Penta’s electric driveline. TICO will build a series of prototypes in close collaboration with Volvo Penta. Several prototypes will be built and tested by the two parties over the coming year. Next steps.

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First 35 State plans to build out EV charging infrastructure approved; more than $900M in FY22 and FY23 funding

Green Car Congress

With this early approval, these states can now unlock more than $900 million in NEVI formula funding from FY22 and FY23 to help build EV chargers across approximately 53,000 miles of highway across the country. Approved Plans are available on the FHWA web site.

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Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Green Car Congress

a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment. Raven SR , a renewable fuels company, and Hyzon Motors Inc.,

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Germany providing another €300M to subsidize private charging stations in residential buildings

Green Car Congress

The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). If the total costs of the project fall below the grant amount, no funding will be granted. The grant is a flat rate of €900 per charging point.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

Green Car Congress

In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

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Bollinger Motors building design validation pilots of its B4 all-electric chassis cabs

Green Car Congress

Bollinger Motors has begun building design validation pilots of its B4 all-electric Class 4 chassis cabs for testing and demonstration. The Bollinger B4 will be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total $40,000, through the Inflation Reduction Act of 2022.