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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. per share.

Financing 244
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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

Green Car Congress

The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. This is another important milestone for the Texas Clean Energy Project, coming on the heels of last month’s power purchase announcement with CPS Energy in San Antonio. urea production. CO 2 capture and shipment via pipeline shown at top.

Coal 186
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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

Green Car Congress

Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).

Coal 225
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

Green Car Congress

In an event in Bern, Switzerland, Swiss National Council member and president of the Clean Fuel Now initiative Thomas Böhni filled up his Audi A2 with 100% synthetic diesel (Audi e-diesel) produced by sunfire GmbH to draw attention to the need to remove what he terms unjustified Swiss restrictions on synthetic fuels. Earlier post.).

Diesel 150
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. Other efforts will include: Natural Gas. Energy Efficiency.

Obama 249
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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

Green Car Congress

increase over FY 2010 estimates— to support scientific innovation, develop clean and secure energy technologies, maintain national security, and reduce environmental risk. billion in tax subsidies for oil, coal and gas industries. 41 million for water power. Select EERE Programs and Financing (US$ millions).

2011 231