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GreenCell Mobility secures Rs 300 crore in green financing from Sumitomo Mitsui Banking Corporation | Autocar Professional

Baua Electric

This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also SMBC’s first Project Finance transaction in E-Mobility in Asia Pacific, the press release noted. The project is expected to reduce approximately 2.35

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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.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To boost the global production capacity of green methanol, A.P.

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Liquid Wind raises €4M in equity to produce eFuel

Green Car Congress

A Power-to-Fuel company, Liquid Wind will develop and finance facilities to produce carbon-neutral liquid fuel, eMethanol. When used as marine fuel, eMethanol reduces carbon emissions by 94% compared to current fossil fuels. To meet growing demand for cleaner fuel, Liquid Wind are designing the business to scale rapidly.

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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

. “Hybrid is being used more as a tax break rather than actually getting into zero-carbon emissions,” Balaji said during a media call after the company’s results. This criticism comes as reports emerge about government considering tax cuts for hybrid vehicles to promote their adoption.

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Motiv Power Systems secures $15M in funding from GMAG Holdings Corp.

Green Car Congress

Motiv Power Systems, a sustainable technology company delivering all-electric chassis with a proven software platform for the electrification of medium-duty trucks and buses, secured $15 million of additional funding from GMAG Holdings Corp.

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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

President Obama’s plan, which sidesteps the need for Congressional involvement by relying on a wide variety of executive actions, has three main components: Reducing greenhouse gas emissions in the US. Leading international efforts for GHG emission reductions and adaptation. Reducing greenhouse gas emissions in the US.

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