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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. The rest of the top five included Chile, Brazil, China, and Kenya, in that order.

Coal 243
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America continues to be an impetus to global light vehicle demand levels. million, an increase of 2.4% North America.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 We need to be talking about trillions per year if we are to meet climate goals. A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2

2020 259
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion set in 2011. billion, up 39% from 2013. Additional to China, Brazil ($7.6 billion), India ($7.4 billion) and South Africa ($5.5

2014 150
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China’s new energy buses are re-exported to Europe

Setec Powerr

Compared with traditional power buses, new energy buses are more globally competitive. Just in November this year, 38 Zhongtong pure electric super bus H12 were exported to Chile, which once again refreshed the world’s understanding of China’s new energy buses.

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