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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). textiles, paper).

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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”.

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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

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The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). About EV Life.

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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

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This includes making available $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects that retain high-quality jobs in communities that currently host these manufacturing facilities. The US Department of Energy (DOE) announced a $15.5-billion

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Nikola secures $41.9M award to build six heavy-duty hydrogen stations in CA

Teslarati

million grant from the California Transportation Commission (CTC) to construct six hydrogen refueling stations for heavy-duty trucks across Southern California. award to build six heavy-duty hydrogen stations in CA appeared first on TESLARATI. Nikola recently announced that it had secured a $41.9 The post Nikola secures $41.9M

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ABB increases stake in InCharge Energy to 60%; fleet electrification services

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Its innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. InCharge Energy’s innovative service models offer subscription solutions such as software-as-a-service and fully financed charging-as-a-service. —Frank Muehlon, President of ABB’s E-mobility Division.

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