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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014. Rendering of Advanced Clean Energy Storage salt cavern.

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California to transition clean vehicle rebate program to helping low-income residents

Green Car Congress

The California Air Resources Board will transition its existing Clean Vehicle Rebate Project (CVRP) program to a new program targeting low- and middle-income Californians. The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles.

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

Green Car Congress

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. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. billion for clean trucks and buses, and off-road equipment.

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EPA launches first $500M funding opportunity for $5B Clean School Bus Program

Green Car Congress

EPA’s new Clean School Bus Program will provide $5 billion over the next five years (FY 2022-2026) to replace existing school buses with zero-emission and low-emission models. Further Clean School Bus competitions will be run every year over the next five years. The Agency will also launch a grant competition later this year.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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The largest clean energy project in US history closes $11B, starts full construction

Electrek

SunZia, a massive clean energy project in the US Southwest, has closed $11 billion non-recourse financing and launched full construction. more… The post The largest clean energy project in US history closes $11B, starts full construction appeared first on Electrek.

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